Federal Reserve RTO

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Here's the RTO policy timeline:
Starting Sept 2022, 6 days a month (so about 1.5 days/week). This policy was announced in early 2022.
Starting April 2023, 4 days per 2 week pay period, so 2 days/week in office, with of course more if required by job type.
Starting Sept 2023, 5 days per 2 week pay period, so 2.5 days/week in office.

Lots of questions about how sick leave, vacation, holidays, and work travel fit into these calculations.

Pre covid most groups had a one-day/week tele option plus flex scheduling. The flex scheduling remains.

--long time Fed employee



Funny about the questions related to in-office days and leave. Are people truly so desperate to avoid the office that they would take sick and vacation leave for scheduled in-office days? That's reaching a new level of pathetic. You all seem like losers.


Way to project. That’s not what the questions are about. The question is if you take a week off does it mean you have to spend the entire next week in the office to meet the 5/10 days per pay period?


It‘s kinda the same thing because you want to know if vacation time impacts your days in the office. No it shouldn’t. Get into the office!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.
Anonymous
Anonymous wrote:
Anonymous wrote:Too many dinosaur boomers in charge.

Hopefully one returns to Treasury soon


Too many newbie Zs want to isolate at home, stay in bed, post on social media and order GrubHub.


Oh, you.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Here's the RTO policy timeline:
Starting Sept 2022, 6 days a month (so about 1.5 days/week). This policy was announced in early 2022.
Starting April 2023, 4 days per 2 week pay period, so 2 days/week in office, with of course more if required by job type.
Starting Sept 2023, 5 days per 2 week pay period, so 2.5 days/week in office.

Lots of questions about how sick leave, vacation, holidays, and work travel fit into these calculations.

Pre covid most groups had a one-day/week tele option plus flex scheduling. The flex scheduling remains.

--long time Fed employee



Funny about the questions related to in-office days and leave. Are people truly so desperate to avoid the office that they would take sick and vacation leave for scheduled in-office days? That's reaching a new level of pathetic. You all seem like losers.


FRB sounds like the perfect place for you.

Way to project. That’s not what the questions are about. The question is if you take a week off does it mean you have to spend the entire next week in the office to meet the 5/10 days per pay period?


It‘s kinda the same thing because you want to know if vacation time impacts your days in the office. No it shouldn’t. Get into the office!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Here's the RTO policy timeline:
Starting Sept 2022, 6 days a month (so about 1.5 days/week). This policy was announced in early 2022.
Starting April 2023, 4 days per 2 week pay period, so 2 days/week in office, with of course more if required by job type.
Starting Sept 2023, 5 days per 2 week pay period, so 2.5 days/week in office.

Lots of questions about how sick leave, vacation, holidays, and work travel fit into these calculations.

Pre covid most groups had a one-day/week tele option plus flex scheduling. The flex scheduling remains.

--long time Fed employee



Funny about the questions related to in-office days and leave. Are people truly so desperate to avoid the office that they would take sick and vacation leave for scheduled in-office days? That's reaching a new level of pathetic. You all seem like losers.


Way to project. That’s not what the questions are about. The question is if you take a week off does it mean you have to spend the entire next week in the office to meet the 5/10 days per pay period?


It‘s kinda the same thing because you want to know if vacation time impacts your days in the office. No it shouldn’t. Get into the office!


Nah.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators


Nice! What % increase?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


My experience was that it depended on your current salary and position ( lawyer, economist, capital markets, etc.). Typically, you can get 8-10%, but I’ve seen up to 15%. Get hoppin, grasshopper!

I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators


Nice! What % increase?


NP. My experience is 8-10%, up to 15%.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators


Nice! What % increase?


NP. My experience is 8-10%, up to 15%.


Interesting. Any thoughts on how to get to 15%?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators


Nice! What % increase?


I moved in 4Q22. It was 7% and then I got another 7% after Jan 1 reflecting inflation adjustment + plus a “structure” grade adjustment. So basically it was a 14% raise within a matter of 7 weeks relative to my previous FIRREA job.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators


Nice! What % increase?


I moved in 4Q22. It was 7% and then I got another 7% after Jan 1 reflecting inflation adjustment + plus a “structure” grade adjustment. So basically it was a 14% raise within a matter of 7 weeks relative to my previous FIRREA job.


That's nice! My understanding is the fed has a different pension program. Will you get to transfer your service time to the fed? How does that work?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?


Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of private bankers. Yet, the argument is persuasive to outsiders.


You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.


Fine. Let’s talk attorneys. There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.


I’ve known plenty of board attorneys who have left for the private sector!


I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.


If you agency hop, doesn't the receiving agency just match what you were making at the releasing agency?


No.

-Someone who recently hopped between financial regulators


Nice! What % increase?


NP. My experience is 8-10%, up to 15%.


I got 20% but am losing an additional 3% retirement match from old FIRREA.
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