Government Executive: Federal agencies will be able to give their employees slightly larger bonuses in fiscal 2017 after a six-year freeze on performance awards, according to new guidance from the Obama administration.
The aggregate spending cap on agency performance and individual contribution awards for non-Senior Executive Service and non-senior level employees will increase from about 1 percent – the level it has been at since 2010 – to 1.5 percent for bonuses paid in fiscal 2017. Agencies will be able to spend up to 1.5 percent of the aggregate (fiscal 2016) salaries of all non-SES/SL/ST employees for these bonuses in fiscal 2017. The change applies to employees in the General Schedule, wage grade, and other non-senior level workers.
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Nowi360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Now