Bonuses
Bonus pay for 1.3 million federal workers fell dramatically last year, dropping nearly 50 percent as a result of budget cuts tied to a partial government shutdown and recent caps on employee awards. See the link, below.
With across-the-board sequestration cuts looming, the Office of Management and Budget (OMB) directed agencies to cancel most discretionary bonuses that weren’t required by law. Fortunately, those required by law include bonuses specified in collective bargaining agreements such as ours. And the overwhelming majority of our unit earned a bonus—some substantial—last year. These bonuses continue this year.
This is one of many benefits we provide. If you are not yet a member, please consider joining. Thanks.
Howard