The Morning Federal Newscast is a daily compilation of the stories you hear bonuses handed out to federal employees in 2009. Through a freedom of information act request, Asbury Park Press says it acquired data from OPM that shows more than $400-million dollars in bonuses for about 65 percent of the federal workforce. Then, Asbury Park Press compares that with bonuses handed out at Goldman Sachs – which added up to more than $16 billion dollars. The Heritage Foundation concedes that federal employee bonuses are very small portions of their compensation. The American Federation of Government Employees says that there isn’t enough cash to go around to “alter the incentive structure in the pay system.” Often, bonuses in the federal government consist of incentives other than cash like extra days off.
More news links
Bill to Apply FEHBP Age Extension This Year Sinks in Senate (FederalDaily)
Insight by Carahsoft: Explore use cases for edge computing and approaches for taking advantage of it by downloading this exclusive e-book.
THIS AFTERNOON ON FEDERAL NEWS RADIO
Coming up today on The DorobekInsider:
** Pay for performance: we’re going to take a look at the Defense Civilian Intelligence Personnel System. We’ll find out what’s working, and what’s not, from the National Academy of Public Administration.
** And if you have problems with your Thrift Savings Plan, where can you go? We’ll find out from Tom Trabucco from the Federal Retirement Thrift Investment Board.
Join Chris from 3 to 7 pm on 1500 AM or on your computer.