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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] [b]Maybe I am an outlier[/b] but everyone I know in the DC area (contractors, private companies, public companies) has had steady income increases in the last 3 years that has exceeded inflation. The only people who have felt the pain are the actual fed workers.[/quote] I would say, yes - you are an outlier.[/quote] I agree- contracting companies are starting to feel the pinch. The one I work for isn't giving promotions or cost of living increases this year. I think things will be worse next year, because these cuts aren't going away (unless you're the FAA of course).[/quote] Agree. I'm a project manager at a, shall we say, [u]L[/u]arge [u]M[/u]arket defense contractor. Hiring in the DC area (where we are operating) is frozen, and pay increases have been incredibly meager compared to how they were in the mid-2000's. The defense budget cuts are going to be the major factor for budget cuts in the DC area. If you haven't felt pain yet, congratulations and I wish that it continues for you! However, I can tell you right now that we are set at market competitiveness...and we haven't budgeted for any new hires (we're actually hedging on some attrition) or pay increases above inflation for the next few years.[/quote] Yes the large contractors like LM, NG etc... are bloated and expensive where as small to medium are doing fine.[/quote]
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