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The Very Best Senior Executives Can Get Bigger Bonuses Next Year
Government Executive: Agencies can reward top senior executives with more bonus money in fiscal 2017, and the Obama administration is reminding them to use that increased flexibility wisely.
The aggregate spending cap on agency performance awards for those in the Senior Executive Service as well as other senior-level career positions will go from 4.8 percent to 7.5 percent in fiscal 2017 to reflect job performance during this fiscal year. The increase, which takes effect on Oct. 1, is part of President Obama’s December 2015 executive order aimed at streamlining SES hiring, improving the corps’ development and making adjustments to pay to help recruit and retain talented leaders.
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