Anonymous
10/13/2025 15:47
Subject: FDIC: CG Pay Scale and Work Culture
I remember bookmarking this thread and my oh my how times have changed dramatically.
Anonymous
11/08/2023 15:35
Subject: FDIC: CG Pay Scale and Work Culture
Anonymous wrote:FDIC is making everyone return to office- even the folks who were hired as remote
Was the job actually remote (like an examiner)? Or was did you sign a telework agreement, expiring on 12/31/2023, and select the home based option? Because I think a lot of people who are complaining were in the latter group.
Anonymous
11/06/2023 20:51
Subject: Re:FDIC: CG Pay Scale and Work Culture
Anonymous wrote:Anonymous wrote:There is a matrix to determine starting pay which takes into account your previous experience in the role you are being hired for, and/or performing key duties of the job, and the length which you have done those tasks. The matrix gives preference to prior FDIC experience as I understand. This wasn’t shared with me when I was negotiating as a new employee, even though I asked. Highly unlikely to be offered a starting salary at the high end of the range. Look at the base + locality for your area, and assume your offer will be in the mid-range at best.
Coming from a GS scale agency, I felt the compensation offered was fair. Only you can decide if the offer is worth it for your own circumstances.
As for return to office, as of January 2, nearly all staff are three days per week in office, and management decides which days. Vast majority must report T-W-Th and the exception process had not yet been determined.
Thanks, this is very helpful. I am applying as a current career SES in a non-FIREA agency, are you saying they wouldn't likely give me much of a bump up even though the range appears to go $80k above my current salary? Also, I've heard FDIC has a larger retirement match / 401k program plus other benefits. Is that true?
I am the PP you quoted. Your “bump” will be dependent upon your demonstrated experience in the required qualifications, for how long, and whether that turn was as an FDIC employee. All depends upon how this matrix is applied. I can say among recent hires, we have all commiserated that our starting comp was above our prior salaries (whether GS or other FIRREA).
FDIC has its own 401(k) in addition to the TSP. FDIC contributes 4% full stop, and matches up to 1% of employee contributions. So, put 1% in and get 5% for a total of 6%. FDIC also covers a larger percentage of health insurance costs and lower cost dental and vision. That’s the upside of benefits.
Downside is much less flexible work-life balance with new in office requirements, especially compared to other FIRREA agencies.
Anonymous
11/06/2023 20:22
Subject: FDIC: CG Pay Scale and Work Culture
Anonymous wrote:FDIC is making everyone return to office- even the folks who were hired as remote
If the union isn't prepared to take this to the impasse panel, employees should recall all of the union reps and vote in new ones ASAP.
Anonymous
11/06/2023 20:14
Subject: Re:FDIC: CG Pay Scale and Work Culture
Anonymous wrote:There is a matrix to determine starting pay which takes into account your previous experience in the role you are being hired for, and/or performing key duties of the job, and the length which you have done those tasks. The matrix gives preference to prior FDIC experience as I understand. This wasn’t shared with me when I was negotiating as a new employee, even though I asked. Highly unlikely to be offered a starting salary at the high end of the range. Look at the base + locality for your area, and assume your offer will be in the mid-range at best.
Coming from a GS scale agency, I felt the compensation offered was fair. Only you can decide if the offer is worth it for your own circumstances.
As for return to office, as of January 2, nearly all staff are three days per week in office, and management decides which days. Vast majority must report T-W-Th and the exception process had not yet been determined.
Thanks, this is very helpful. I am applying as a current career SES in a non-FIREA agency, are you saying they wouldn't likely give me much of a bump up even though the range appears to go $80k above my current salary? Also, I've heard FDIC has a larger retirement match / 401k program plus other benefits. Is that true?
Anonymous
11/06/2023 20:11
Subject: Re:FDIC: CG Pay Scale and Work Culture
There is a matrix to determine starting pay which takes into account your previous experience in the role you are being hired for, and/or performing key duties of the job, and the length which you have done those tasks. The matrix gives preference to prior FDIC experience as I understand. This wasn’t shared with me when I was negotiating as a new employee, even though I asked. Highly unlikely to be offered a starting salary at the high end of the range. Look at the base + locality for your area, and assume your offer will be in the mid-range at best.
Coming from a GS scale agency, I felt the compensation offered was fair. Only you can decide if the offer is worth it for your own circumstances.
As for return to office, as of January 2, nearly all staff are three days per week in office, and management decides which days. Vast majority must report T-W-Th and the exception process had not yet been determined.
Coming from a GS scale agency, I felt the compensation offered was fair. Only you can decide if the offer is worth it for your own circumstances.
As for return to office, as of January 2, nearly all staff are three days per week in office, and management decides which days. Vast majority must report T-W-Th and the exception process had not yet been determined.
Anonymous
11/06/2023 19:56
Subject: FDIC: CG Pay Scale and Work Culture
FDIC is making everyone return to office- even the folks who were hired as remote
Anonymous
11/06/2023 17:50
Subject: FDIC: CG Pay Scale and Work Culture
Anonymous
11/06/2023 17:41
Subject: FDIC: CG Pay Scale and Work Culture
Hello,
Would anyone have an idea how much FDIC pays? I have an offer for a CG-13, locality pay of San Francisco.
I am a GS-12 step 10 with over 18 years experience as a Warranted Contracting Officer. I understand pay setting at FDIC is different (they look at your work experience, pay history, skills set, etc and I was told it's up to the discretion of FDIC what to pay you, they can pay you up to the cap (not like the GS system where you get a promotion, you get bumped 2 steps,etec.
Would anyone have an idea how much FDIC pays? I have an offer for a CG-13, locality pay of San Francisco.
I am a GS-12 step 10 with over 18 years experience as a Warranted Contracting Officer. I understand pay setting at FDIC is different (they look at your work experience, pay history, skills set, etc and I was told it's up to the discretion of FDIC what to pay you, they can pay you up to the cap (not like the GS system where you get a promotion, you get bumped 2 steps,etec.
Anonymous
09/20/2015 15:45
Subject: Re:FDIC: CG Pay Scale and Work Culture
Anonymous wrote:Anonymous wrote:Anonymous wrote:So how you get raise in gov. jobs where there is no step (Fed Reserve, SEC, FDIC, etc)? Do you get a % bump every year?
So you get 1% raise when the president orders it, or is this in addition to whatever raise the agency may give you?
http://thehill.com/policy/finance/252223-obama-orders-pay-raise-for-federal-workers-military
We get the bump the president gives + a negotiated percentage raise set forth in the bargaining agreement. The raise from the president increases the salary cap but the negotiated percentage does not.
So when a 1% general raise is approved, does it just increase the cap, or increase and cap and bump everyone up 1%? Even attorneys and other professional staffs are covered by union at these agencies?
It depends on the agency. My husband works for a fed agency with its own pay scale (not FDIC). They get the annual % bump the president gives all fed employees, but the second bump is performance-based. Some people get as high as 5%, some get nothing.