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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is the Fed really offering 2.5% increase a year? Will they get the 4.6% like the rest of the fed gov?Any bonus potential?[/quote]

Merit and variable pay were approved weeks ago, and the base merit increase was included in that announcement. [/quote]

What were they on average? Considering a lateral move to the board from a fin reg and wondering if it is worth it.[/quote]

Neither merit increases nor variable pay applies to those hired after July 1st of each year. Variable pay is set by each division based on an individual's performance rating (and, fyi, variable pay is not included in salaries that are disclosed to FOIA requests).

Variable pay is quite substantial for attorneys, economists, and officers. For these categories, Board pay will be higher than other financial regulators. It's is less significant for all others. [/quote]

So I guess that means that the OP of this thread would need to apply to the FRB in ... basically April, in order to use their 7.5% salary bump for FRB salary setting purposes. (SEC doesn't give out raises until April.)[/quote]

The Board pays similar employees the same, and they're not going to negotiate on pay.  Plus, the Board already looks to the other financial regulators when setting pay, so any SEC raise is already accounted for.[/quote]

i've yet to see an agency incorporate a raise that someone knows about but is not yet reflected in their sf-50. And as you pointed out, they aren't going to negotiate on pay. So the only way to be sure you aren't leaving that raise on the table is to not apply until after the SF-50 has been updated with the new pay. [/quote]

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