Are SEC/CFPB/FDIC/OCC Employees Exempt from Federal Raise Announced by Biden?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. [b]Even at FDIC, no one is in it for the money.

LOL. No, even at FDIC. I am in a division there that isn't as hightly valued as others. I just resorted to enjoying the benefits and my coworkers and telework - HUGE SCORE!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

PP makes $190K, well about the top of the GS scale, and is probably no where near topping out. I think the vast majority of GS employees would love to be in PP’s shoes, including the incredibly qualified DOJ attorneys who also left big law and are definitely underpaid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

PP makes $190K, well about the top of the GS scale, and is probably no where near topping out. I think the vast majority of GS employees would love to be in PP’s shoes, including the incredibly qualified DOJ attorneys who also left big law and are definitely underpaid.

How much are these DOJ attorneys being paid when they come to the government?

[Anonymous]

Waving my hand furiously. I am at FDIC for many years and am not near your salary of $190,000. Pick me Pick me!! I am actually jealous of you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

PP makes $190K, well about the top of the GS scale, and is probably no where near topping out. I think the vast majority of GS employees would love to be in PP’s shoes, including the incredibly qualified DOJ attorneys who also left big law and are definitely underpaid.

How much are these DOJ attorneys being paid when they come to the government?

It varies, but anywhere from $90K - $150K (GS 12-15 or that range on an AD scale for AUSAs).

[Anonymous]

I am always astonished at how entitled attorneys are. It blows my mind. There so many at the FDIC just raking it in. 3 years of law school gets you these grand salaries - it's nuts. Same at the other regulators. It's sickening actually.

[Anonymous]

While I agree there are issues with the new system where the FDIC is not paying salaries commiserate to their counterparts at other financial regulators, there were major issues with the old system. Under the old system, they placed a heavy value on your existing salary.

I was a GS employee brought in under the old system, and for years I was paid $20K less than people on my team and $40-50k less than my counterparts at the FDIC. People I brought in from private were brought in at higher salaries than me. It wasn’t until they did the pay parity using the new system that I received a $50k pay bump.

We need to remain competitive with our counterparts, but we also need a pay system that does not exacerbate the disparities in public v. private pay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

No. They’re apparently working for $190K.

What an absolutely idiotic response. How out of touch are you with reality?

[Anonymous]

+1000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

PP makes $190K, well about the top of the GS scale, and is probably no where near topping out. I think the vast majority of GS employees would love to be in PP’s shoes, including the incredibly qualified DOJ attorneys who also left big law and are definitely underpaid.

How much are these DOJ attorneys being paid when they come to the government?

It varies, but anywhere from $90K - $150K (GS 12-15 or that range on an AD scale for AUSAs).

I highly doubt these elite big law lawyers are accepting DOJ positions for less than 150K...that is wayyyy too low.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought that other agencies only match what you currently make and not more? Since i'm making around 190k at fdic, wouldn't occ/fed/cfpb only match? Im sure they will ask for my latest sf50.[b]

Wow! You make $190,000 and are deliberating about where you can get more?? What is your role for that grand salary?

Coming in from big law and took a hefty 50% pay cut to take this job.

I think you need to ask yourself why you did that, and then remember it. That will greatly help your feelings about work.

You didn’t come for a pay cut, you came for benefits and security you’d otherwise not enjoy. Even at FDIC, no one is in it for the money.

Awesome, so people at the FDIC are working for hugs and pizza parties? Ice cream socials?

PP makes $190K, well about the top of the GS scale, and is probably no where near topping out. I think the vast majority of GS employees would love to be in PP’s shoes, including the incredibly qualified DOJ attorneys who also left big law and are definitely underpaid.

How much are these DOJ attorneys being paid when they come to the government?

It varies, but anywhere from $90K - $150K (GS 12-15 or that range on an AD scale for AUSAs).

I highly doubt these elite big law lawyers are accepting DOJ positions for less than 150K...that is wayyyy too low.

Wow, you are really absolutely clueless. No one is becoming an AUSA for anywhere near $150k, unless they're being brought in as senior management. And every senior associate I know who's gone to DOJ from a prestigious firm has come in around $150k. Doubt all you want, but you're just displaying ignorance.

[Anonymous]

Anonymous wrote:I am always astonished at how entitled attorneys are. It blows my mind. There so many at the FDIC just raking it in. 3 years of law school gets you these grand salaries - it's nuts. Same at the other regulators. It's sickening actually.

Learn a bit of history. The higher salaries are intended, by Congress, to reduce the revolving door problem in the financial regulators. And these aren't grand salaries compared to what the banking attorneys, who are always in demand, receive in the private sector.

You act like anyone can just walk in to a financial regulator attorney position. Good luck. They positions are hard to get and ensure high quality hires ilon average.

[Anonymous]

Anonymous wrote:I am always astonished at how entitled attorneys are. It blows my mind. There so many at the FDIC just raking it in. 3 years of law school gets you these grand salaries - it's nuts. Same at the other regulators. It's sickening actually.

If you're mind is blown about attorney salaries, you should look into the salaries of some of the folks who don't do any actual financial regulatory work at these agencies -- the folks in HR, operations, admin, public relations, etc. After having your mind blown, it will full on explode once you take a look at some of those folks. I'll give you a quick preview -- you're going to see lots of numbers much bigger than 190K.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am always astonished at how entitled attorneys are. It blows my mind. There so many at the FDIC just raking it in. 3 years of law school gets you these grand salaries - it's nuts. Same at the other regulators. It's sickening actually.

If you're mind is blown about attorney salaries, you should look into the salaries of some of the folks who don't do any actual financial regulatory work at these agencies -- the folks in HR, operations, admin, public relations, etc. After having your mind blown, it will full on explode once you take a look at some of those folks. I'll give you a quick preview -- you're going to see lots of numbers much bigger than 190K.

Is there a role at the fdic where I can be in charge of DE&I and have no experience in it but still make 250k???