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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most long-term staff at the Fed are there for the mission, lifestyle, and benefits. The pension is only transferable to the CFPB, but those jobs are possibilities for only a small percentage of Fed staff. [b]The reality is that long-term employees are going nowhere (except retirement), despite their gripes[/b]. [/quote] But this is not what the attrition stats show! Very large numbers of staff have left and are leaving. The FRB is hemorrhaging staff especially younger more talented people. A lot of people don’t want to work their entire careers there anyway. The pension doesn’t necessarily make up for what you can earn in the private sector. If you’re lazy and untalented then yes you need the pension and should stay there your entire career. [/quote] Young, smart staff with few years of service have oftentimes left the Fed. They’re leaving for better earning opportunities, not for better telework. In fact, the better paying jobs require more office time - ask JPM. [/quote] Yes but if you have to work just as many hours and in office as the private sector then why stay? [/quote] Hours at the Fed haven’t changed since pre-COVID. If you thought your hours were fine pre-COVID (and they were; few non-officer Feds work more than 40 hours), they’re no worse now, and maybe better. So, you’re not being overworked at the Fed compared to your private counterparts. As for telework, many Fed staff worked 3 DOW in office pre-COVID. The upcoming requirements are largely a return to that standard. Essentially, if you liked the work/life balance at the Fed pre-COVID, nothing will have changed post-implementation of the upcoming RTO. What you’re really saying is that CFPB staff got a crazy-good remote /WFH policy post-COVID, and you want it too. [b]The outlier here is the CFPB, not the Fed.[/b] [/quote] It's quite the opposite. No financial regulatory agency is requiring anything close to 50% in office, as far as I know. FDIC can be as little as one day per pay period, and I think SEC is the same. [/quote] OCC is the same. They are all union, whereas the Fed is nonunion. [/quote]
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