Biden to propose 5.2% federal pay increase, largest in pay raise in 43 years

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Because SEC is the only part of government that actually does any meaningful work.

Yes, all those agents, prosecutors, intelligence and cybersecurity professionals, meatpacking inspectors, etc. don't do anything meaningful.

You have to keep in mind that even though the SEC pays much better than other government agencies, it is still much lower than what people who work at the SEC will make in the private sector or even some non-profits.  I work at the nonprofit and we work very closely with the SEC and we get paid higher there than folks at the SEC.  I make 300K at the nonprofit; however, my salary would be 220K at the SEC. I also get a pension, 7% 401K matching and better health/dental benefits at the non-profit than I would have at the SEC.  You can't compare Finregs with other government agencies because they are not the same.

The fact that the DoJ attorneys trying cases make less than the SEC attorneys passing them off if all you need to know. Finregs employers are overpaid

Agree that DOJ attorneys should be paid more.

Sincerely,

DOJ attorney

[Anonymous]

It’s impossible to justify the higher salaries for SEC attorneys (and Fed., CFTC, etc.). I would actually consider spending the next 30 years of my career at SEC pay but not GS15-10 pay. Instead I’ll go back to biglaw/in-house after five years and cash in on the revolving door in my field.

That said, I get that raising salaries for people making $183.5k is politically indefensible.

[Anonymous]

Anonymous wrote:It’s impossible to justify the higher salaries for SEC attorneys (and Fed., CFTC, etc.). I would actually consider spending the next 30 years of my career at SEC pay but not GS15-10 pay. Instead I’ll go back to biglaw/in-house after five years and cash in on the revolving door in my field.

That said, I get that raising salaries for people making $183.5k is politically indefensible.

Agree. SEC lawyers are so overpaid. Whoever negotiated the separate pay scale for them was a damn genius.

[Anonymous]

Please, give the non-trial SEC lawyers nobody heard of earning over 200k a much needed 5.2% raise.

[Anonymous]

Anonymous wrote:It’s impossible to justify the higher salaries for SEC attorneys (and Fed., CFTC, etc.). I would actually consider spending the next 30 years of my career at SEC pay but not GS15-10 pay. Instead I’ll go back to biglaw/in-house after five years and cash in on the revolving door in my field.

That said, I get that raising salaries for people making $183.5k is politically indefensible.

Right. They should never get raises, from a poster literally saying they’d never work for what the pay they’re advocating for would be.

This is so ridiculous. If you want people working for the government who are willing to take exceptionally low pay, you will get what you pay for. The public is happy when government functions well. Maybe if politicians focused on doing things that made things better instead of what would only be advantageous in a sound bite for the next election, they’d have actual success and be elected based on a well functioning system instead of demonizing civil servants.

[Anonymous]

Alternative pay plan issues. 4.7 percent base pay increase and 0.5 percent locality for a total of 5.2 percent.

Gs-15 cap will increase to $192,100

[Anonymous]

YOUR TAX DOLLAR AT WORK.

[Anonymous]

Anonymous wrote:I don’t see how they hold domestic spending flat while giving employees a five percent pay raise. Looks like it’s back to the Obama years.

But Obama proposed zero pay raises. I’ve been a fed for a long time through lots of difficult budget talks and I’ve never seen a presidents proposal not go through

[Anonymous]

I hope they tie pay raises to in person work.

[Anonymous]

Anonymous wrote:Please, give the non-trial SEC lawyers nobody heard of earning over 200k a much needed 5.2% raise.

Biggest joke at the SEC are the so-called “trial” lawyers few of whom ever tried a case and rely on non trial lawyers to drFt complaints and take testimony. They are effing useless.

[Anonymous]

Obama froze federal salaries for three years. The feds deserve this raise.

[Anonymous]

Anonymous wrote:Please, give the non-trial SEC lawyers nobody heard of earning over 200k a much needed 5.2% raise.

Which trial lawyer at the SEC has anyone heard of? The morons who botched the Cuban trial I suppose.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Because SEC is the only part of government that actually does any meaningful work.

Yes, all those agents, prosecutors, intelligence and cybersecurity professionals, meatpacking inspectors, etc. don't do anything meaningful.

You have to keep in mind that even though the SEC pays much better than other government agencies, it is still much lower than what people who work at the SEC will make in the private sector or even some non-profits.  I work at the nonprofit and we work very closely with the SEC and we get paid higher there than folks at the SEC.  I make 300K at the nonprofit; however, my salary would be 220K at the SEC. I also get a pension, 7% 401K matching and better health/dental benefits at the non-profit than I would have at the SEC.  You can't compare Finregs with other government agencies because they are not the same.[/quot

are you FINRA or what type of nonprofit ?

[Anonymous]

Anonymous wrote:Obama froze federal salaries for three years. The feds deserve this raise.

That was really horrible and it held a lot of people back. And for what? Good will with republicans? Not like it made a dent there. I’m really tired of the way leaders use feds as bargaining chips in budget negotiations. Overall spending on federal salaries is a literal drop in the bucket.

[Anonymous]

You get the same small shitty raise again stop dreaming. The government is for asssholes.