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Reply to "Are SEC/CFPB/FDIC/OCC Employees Exempt from Federal Raise Announced by Biden?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The people on this thread saying they get the shaft…..you will get the COLA increase that comes to everyone to match with OPM locality pay. It’s not a ton, but you will get it.[/quote] Are you sure about that? The bargaining agreement seems to indicate only the min/max of each band will go up according to the 4.1% from Biden. So someone that isn’t at the minimum of the band will just have the bounds shifted around them, but no actual increase to their base salary. It looks like only the locality might go up a meager percentage (likely something more than the 0.76%) for the DC area according to the OPM pay tables. A <1% raise is still pretty crappy. [/quote] I’m relatively certain. It will be a 1.3% raise for this year.[/quote] Also, you’re looking for a raise based on a job you’ve done for a few months. If you’d researched a bit before coming on board you’d have known there’s no COLA like in the rest of the Government, so you can’t be angry at anyone other than yourself. [/quote] Agreed and thats why I said I wrongly assumed. I wrote this so that future folks on here will be better informed.[/quote] Then I rescind my snotty post and look forward to unknowingly potentially working with you in the future. Welcome to the FDIC! :) [/quote]
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