Anonymous wrote:Anonymous wrote:Anyone know how this works for ses with a performance increase?
You don’t get an automatic increase. Individual SES increase is determined by your performance rating and comparison against other executives in the pool. If you were at the cap of your tier, you can realize your performance based increase up to the new cap of $203,700 (assuming you are level 2). For example, this year I earned a 5 rating (outstanding) and was given a 3.75 percent salary increase. I won’t get the full increase because it would put me over level 2. But I’ll realize 2.6 percent of the 3.75 percent in this situation. Had the cap not increased this year, I would not have realized any of that 3.75 percent performance pay increase.
Anonymous wrote:I hope the 2023 raise is substantially more than these peanuts. And it's 2023 or never, what with federal employee hating, nasty GOP possibly retaking the House.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t care about a a raise of a couple thousand dollars.
I’m in it for the benefits.
Which suck.
Educate yourself. The benefits are outstanding. Among them: If you make it to retirement, you can carry the health insurance for you and your partner for the rest of your lives. Best insurance coverage available. Full stop.
In guessing you aren't in STEMland?
Our competition does 7%, 401k matches, can mega backdoor, similar insurance, sabbaticals, money to travel to conferences etc.
You can’t keep your health insurance when you retire or are laid off, correct? And no pensions? Those are massive differences.
Np I am a fed but is the health insurance that good? Isn’t Medicare plus part D cheaper and better?
Fwiw my parents have way better insurance through my dads company than I have. My best friend in private sector doesn’t even pay premiums with her health insurance.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hate the implication on DCUM that most feds are topped-out 15s. That is the realm of a few niche career paths like law or upper administration. The vast majority of us will spend our entire careers at the worker bee level of GS 9-12. Maybe 13 if we go into management. Barely cracking six figures after decades of service is a real hardship in the DC area.
Depends on the area of work. I work at a federal science agency and a majority of my colleagues are maxed GS-15s. Everyone makes substantially less than private sector counterparts, and recruiting is a major challenge. It is hard to find good people to take management positions because there's nothing in it for them.
Setting aside that GS-15s in professional/STEM fields are significantly underpaid compared to the private sector, GS-15s are making $15,000 less they would be if they had gotten the same increases as other feds. And more significantly, that gap is growing almost every year, with no end in sight.
Unless you meant Medical Doctor, how could people in science in private sectors earn substantially more than $172K? Do not talk about scientists in Pfizer who are probably earning a big bonus because of the vaccine (once in a life time). What kind of scientists in private sectors make substantially more than $172K?
Many do. Scientists in charge of manufacturing, regulatory affairs, leads on project development. $200k+ is easy. Many leave for $300-400k+. If you stay in the lab, sure, it is hard to make more than. $150k as a scientist. The real money is in manufacturing, regulatory product development, and business strategy.
Anonymous wrote:Anonymous wrote:Anyone know how this works for ses with a performance increase?
You don’t get an automatic increase. Individual SES increase is determined by your performance rating and comparison against other executives in the pool. If you were at the cap of your tier, you can realize your performance based increase up to the new cap of $203,700 (assuming you are level 2). For example, this year I earned a 5 rating (outstanding) and was given a 3.75 percent salary increase. I won’t get the full increase because it would put me over level 2. But I’ll realize 2.6 percent of the 3.75 percent in this situation. Had the cap not increased this year, I would not have realized any of that 3.75 percent performance pay increase.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I hate the implication on DCUM that most feds are topped-out 15s. That is the realm of a few niche career paths like law or upper administration. The vast majority of us will spend our entire careers at the worker bee level of GS 9-12. Maybe 13 if we go into management. Barely cracking six figures after decades of service is a real hardship in the DC area.
Depends on the area of work. I work at a federal science agency and a majority of my colleagues are maxed GS-15s. Everyone makes substantially less than private sector counterparts, and recruiting is a major challenge. It is hard to find good people to take management positions because there's nothing in it for them.
Setting aside that GS-15s in professional/STEM fields are significantly underpaid compared to the private sector, GS-15s are making $15,000 less they would be if they had gotten the same increases as other feds. And more significantly, that gap is growing almost every year, with no end in sight.
Unless you meant Medical Doctor, how could people in science in private sectors earn substantially more than $172K? Do not talk about scientists in Pfizer who are probably earning a big bonus because of the vaccine (once in a life time). What kind of scientists in private sectors make substantially more than $172K?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t care about a a raise of a couple thousand dollars.
I’m in it for the benefits.
Which suck.
Educate yourself. The benefits are outstanding. Among them: If you make it to retirement, you can carry the health insurance for you and your partner for the rest of your lives. Best insurance coverage available. Full stop.
In guessing you aren't in STEMland?
Our competition does 7%, 401k matches, can mega backdoor, similar insurance, sabbaticals, money to travel to conferences etc.
You can’t keep your health insurance when you retire or are laid off, correct? And no pensions? Those are massive differences.
Np I am a fed but is the health insurance that good? Isn’t Medicare plus part D cheaper and better?
Fwiw my parents have way better insurance through my dads company than I have. My best friend in private sector doesn’t even pay premiums with her health insurance.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t care about a a raise of a couple thousand dollars.
I’m in it for the benefits.
Which suck.
Educate yourself. The benefits are outstanding. Among them: If you make it to retirement, you can carry the health insurance for you and your partner for the rest of your lives. Best insurance coverage available. Full stop.
In guessing you aren't in STEMland?
Our competition does 7%, 401k matches, can mega backdoor, similar insurance, sabbaticals, money to travel to conferences etc.
You can’t keep your health insurance when you retire or are laid off, correct? And no pensions? Those are massive differences.
Anonymous wrote:Anonymous wrote:EO signed and 2022 tables posted - https://www.opm.gov/policy-data-oversight/pay-leave/salaries-wages/2022/general-schedule/
Thank you. Looks like capped 15s got 2.2% still.
Anonymous wrote:EO signed and 2022 tables posted - https://www.opm.gov/policy-data-oversight/pay-leave/salaries-wages/2022/general-schedule/
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t care about a a raise of a couple thousand dollars.
I’m in it for the benefits.
Which suck.
Educate yourself. The benefits are outstanding. Among them: If you make it to retirement, you can carry the health insurance for you and your partner for the rest of your lives. Best insurance coverage available. Full stop.
In guessing you aren't in STEMland?
Our competition does 7%, 401k matches, can mega backdoor, similar insurance, sabbaticals, money to travel to conferences etc.
You can’t keep your health insurance when you retire or are laid off, correct? And no pensions? Those are massive differences.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t care about a a raise of a couple thousand dollars.
I’m in it for the benefits.
Which suck.
Educate yourself. The benefits are outstanding. Among them: If you make it to retirement, you can carry the health insurance for you and your partner for the rest of your lives. Best insurance coverage available. Full stop.
In guessing you aren't in STEMland?
Our competition does 7%, 401k matches, can mega backdoor, similar insurance, sabbaticals, money to travel to conferences etc.
Anonymous wrote:Anyone know how this works for ses with a performance increase?