The Washington Post: Federal agencies have been told to continue limiting performance awards and certain other incentive payments to their employees and have been warned to brace for further spending limits under a potential next round of budgetary sequestration.
A memo issued Friday by the Office of Management and Budget and Office of Personnel Management states that through the remainder of the government’s fiscal year, ending next Sept. 30, agencies must limit award spending for the large majority of employees ”to no more than one percent of total aggregate salaries.”
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