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On Air: Federal News Network
Pay
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The Veterans Health Administration approved a Special Salary Rate for HR professionals at the end of last year, and covered employees will see the pay bump appear in their paychecks this week.
January 17, 2024 -
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In today's Federal Newscast: The Federal Deposit Insurance Corporation has a new inspector general. Holiday returns keep the Postal Service busy and raking in the cash. And more Bureau of Prisons pay incentives get the death penalty.
January 10, 2024 -
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After the latest 5.2% federal pay raise, pay compression now applies to 60% of locality pay areas, with some senior-level feds in 35 of the 58 areas hitting an arbitrary pay ceiling.
January 08, 2024 -
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Although OPM has made various tweaks to the federal pay system — such as removing a cap on higher pay rates, and shifting the onus for approving pay bonuses — broader problems with federal pay remain.
January 01, 2024 -
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A special retention pay authority the Justice department used to retain certain Bureau of Prisons employees expires in a few days. This affects employees of the Federal Correctional Institution Thomson in Illinois. The result: A Christmastime pay cut of 25% for correctional officers and other employees.
December 28, 2023 -
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In today's Federal Newscast: Thousands of dollars in retention bonuses, are not retained for the new year. Federal facility safety stations get their first upgrade in 15 years. And Rocket Lab lands a half-billion-dollar government contract.
December 28, 2023 -
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The United Postmasters and Managers Association and National Association of Postal Supervisors agreed to new salary ranges proposed by USPS.
December 22, 2023 -
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As a former U.S. Air Force pilot and current leader of more than 500 advisers, I understand the financial challenges military members face. Military families are immersed in a culture of service, sacrifice and frequent relocation that often puts their financial security on the back-burner.
December 22, 2023 -
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Actual 2024 federal pay raises for civilian employees will range from 4.7% to 5.7%, depending on where they work. Here is a list of all the raise amounts based on locality pay area.
December 22, 2023 -
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President Joe Biden signed an executive order implementing an average 5.2% federal pay raise for most civilian employees in 2024, the final step needed to make the salary increases official.
December 21, 2023 -
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The Federal Prevailing Rate Advisory Committee voted in favor of a draft proposal to reform the pay system for blue-collar federal employees, but several members remain concerned about actual implementation.
December 21, 2023 -
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More than a million military service members participate in the so-called blended retirement system. It lets them make TSP-style savings contributions that are portable. The funds go with them when they leave the military. But there is more to financial readiness, something to think about in a high-spending season.
December 15, 2023 -
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Multiple sources tell Federal News Network the Office of Management and Budget told agencies to target specific job classifications like cyber or data scientists or certain grade levels for increased salaries.
December 15, 2023 -
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The National Rural Letter Carriers Association filed a national-level grievance this week over the Postal Service’s “repeated failure to pay rural carriers correctly and on time.”
December 14, 2023
