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Reply to "federal employee pay raise 2025"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Last year's was historically high. So we all got a morale boost and now it will average out to just normal bump in COLA. We really can't complain, that combined with reliable step increases not tied to performance is a pretty sweet deal.[/quote] It is? Maybe for a middling run of the mill employee. High performers are underpaid and will continue to be. The 5k max bonus at my agency for a 15 is sad. The cola wasn’t a morale boost either. It didn’t even keep up with inflation. We need a few more 5% increases just to do that. [/quote] 30% of employees in the US are satisfied with their pay. There has also been an explosion of dry promotions, where more work and a higher title come with little or no additional compensation. The current hiring rate is the lowest it has been since the US emerged from the financial crisis and there are cracks in the labor market. [b]Why are you entitled to a 5% increase every year when this is not the norm by far for most sectors?[/b] Many nonprofits and public institutions keep pay flat for employees for years on end and many private corporations provide in place of COLA “merit” increases that are based on performance (both of the individual and the company) and have nothing to do with inflation. [/quote] Because I'm a person and not a crab in a bucket? We should all be entitled to not lose real income every year our raises don't outpace inflation. The fact that it's not the norm in the private sector doesn't change that. If the private sector isn't keeping salaries up with inflation you should be getting mad at the private sector for not keeping pace with inflation as well. [/quote] I don’t disagree with you but we live in a capitalist country and no part of our country, including our federal government and fed salaries, is immune from that ideology. I think it’s entitled to think that you are being unduly targeted by a lower COLA this year without looking more broadly at other sectors and understanding that uneven and small COLAs or merit increases are a cross-cutting phenomenon and that in many respects you are lucky that an off year for you does not mean that you get fired or that you don’t get a COLA or merit increase. And it’s disingenuous to complain about how underpaid you are while referencing a comparison that distorts what total compensation is for Feds. A large part of my compensation is stock. If I went to my boss and told her that my pay needed to increase because it was x times below market but that comparison didn’t include my stock grants she would tell me that I was being disingenuous. Why? Because that’s an important part of my compensation and a not insignificant reason why I’m still at my company. I sure the same can be said of Feds who are not thrilled with every aspect of their job but understand the cost of giving up a pension. The incentive structure of the federal government is not perfect, but the safety net element of that incentive structure is beneficial to many employees and material to why they stay. That’s not priced into total fed comp but it very well could be since most of us do put a premium of job security and mission alignment.[/quote]
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