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[quote=Anonymous][quote=Anonymous]I graduated grad school in 2011 and many of my friends received PMF. In fact, our program is one of the largest recipients of PMF awards (upwards of 35 in my graduating class of 300).

At this point, it's a fairly useless designation if you're a civilian. Two reasons:

1. Veterans preference: the only people PMF can actually help is veterans. If you don't have veterans preference, it's extremely difficult to get a job. The whole point of PMF is that you're supposed to use the designation to shop around at various agencies and complete rotations. It's next to impossible to get a job as a civilian via random applications to agencies. You need to intern or otherwise have a strong connection pulling for you, if you're not a veteran. PMF will help a veteran candidate stand out.

2. Dwindling budgets: For many hiring mangers, PMF is actually seen as a bad thing in this era of tightening budgets. PMF forces the agencies to give you promotions and raises on a set schedule without much flexibility. Why hire a PMF at a higher salary and guaranteed raises, when I can hire another new grad for cheaper and gives me more flexibility with my budget into the future? During times of shrinking budgets, the PMF guidelines act as a perverse incentive to NOT hire the best candidate. That's bureaucratic efficiency for you.

The PMF is a useless program at this point in time. Maybe it will be relevant 20 years from now after we've worked through our current crop of veterans. The cast majority of my friends who received PMF in 2011 lost their opportunity to use it, as they couldn't get hired (I believe you have 12 months to find a job before it's benefits expire).

That said  my buddy who got it received multiple cold calls from the CFPB for various positions. They got his name off the PMF list. Unfortunately, the jobs he was offered were utter shit, with 90% monthly travel to North Dakota overseeing credit card company compliance.

If I've inaccurately reflected anything, feel free to correct me. I'm just passing along various bits of info I've gleaned from different friends over the past few years.

Your best bet is to get PMF while already interning in an agency that you want to work at. That way they can create a customized position for you (if the budget is available).[/quote]

I should also add that PMF is useless for non-GS positions, IFAIK. It's not recognized by agencies not on the GS scale (Occ, FDIC, fed, Foreign Service, OPIC, etc)[/quote]

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