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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DP. Yes, admins at FinRegs are massively overpaid. In fact, there are federal government compensation reports that broadly conclude that admins are overpaid across the system. Add the additional pay that such jobs receive at FinRegs and it’s criminal. For the poster(s) who think this is ok, it’s disgusting. It’s a [b]waste of taxpayers money[/b] and it fails to differentiate between much-needed, agency specific skills and generic admin work. I used to work at the FRB and admin jobs were essentially welfare for minority women. You couldn’t get a admin job unless you were one. Once hired, they get the agency to pay for a worthless online degree (as noted by an earlier poster) and yelp for more money. Never, never, never could these people make in base pay, bonus, and benefits what they make at FinRegs for doing the same amount and level of work. In fact, most of the admins hardly do anything. I never used them because it was all attitude, stubbornness, and a waste of time. [/quote] Can you explain how taxpayers contribute to salaries at finregs, particularly at FRB?[/quote] Money the FRB doesn’t use goes to Treasury. In the end, it’s all government money. Even if it wasn’t, the agencies should make better use of their assessments, which comes from banks who pass along their costs to consumers. You make it sound like there’s a free lunch here. There isn’t. [/quote] ahahahaaaa. no. "goes to Treasury" is like me saying money I don't use "goes to JP Morgan" just because I deposit my paycheck there. It doesn't vanish into a giant pool of money. Treasury can only use appropriated funds. The only way Treasury can get its paws on those unappropriated funds is if they sell services to a finreg. (which they do, all the time, and was how the Trump admin was so confused that the Treasury budget got more negative when they tried to set a non-appropriated agency's budget to 0.) I can't "address the issue" when you can't do anything but incoherently babble about how you think some "minority women" "hardly do anything" and are therefor overpaid. No concrete discussion of the specific administrative roles you think are generic and don't deserve to be paid at a finreg payscale. and of course there are vast amounts of such work that is actually done by contractors— but then you need a contracting officer to manage those resources and budgets. Suddenly "just a useless admin manager" is in charge of a multimillion dollar budget-- but you'd rather that person be fuming about how her agency has decided that she's a second class citizen that doesn't contribute to the mission and doesn't deserve to be compensated accordingly. Whats the saying? Penny wise and pound foolish. I promise you that if you approach your colleagues, all of them, as if they are valued peers with their own competencies and perspectives that you can learn from, you will experience a much better working environment and will accomplish a lot more for your agency mission. [/quote]
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