Gov Careers

By Phil Piemonte

Blog archive

Just how much is the pay freeze costing you?

One union says it can help you find out.

The International Federation of Professional and Technical Engineers, which represents feds at a dozen or so federal departments and agencies, has posted a free online calculator that the union says will help you see how much you are losing under the federal civilian pay freeze.

The calculator, which IFPTE says assumes a 2 percent inflation rate on base salary, lets you enter a salary, say $50,000, and then automatically generates figures showing your annual salary over 20 years, three ways—with no pay freeze, a two-year freeze and a three-year freeze. For each year, the calculator also computes your cumulative loss under each of the two freeze scenarios.

According to the IFPTE calculator, over the course of 20 years, a two-year freeze for the $50,000 salary example cited above would cost that hypothetical employee nearly the current value of his or her salary—$47,138. Under a three-year freeze, that person would lose $68,550 over 20 years.

We don't know how this calculator works, but a union of engineers probably has decent math credentials, right?

Click here to take a look for yourself.

Posted by Phil Piemonte on Jan 04, 2012 at 12:13 PM


  • 2018 Fed 100

    The 2018 Federal 100

    This year's Fed 100 winners show just how much committed and talented individuals can accomplish in federal IT. Read their profiles to learn more!

  • Census
    How tech can save money for 2020 census

    Trump campaign taps census question as a fund-raising tool

    A fundraising email for the Trump-Pence reelection campaign is trying to get supporters behind a controversial change to the census -- asking respondents whether or not they are U.S. citizens.

  • Cloud
    DOD cloud

    DOD's latest cloud moves leave plenty of questions

    Speculation is still swirling about the implications of the draft solicitation for JEDI -- and about why a separate agreement for cloud-migration services was scaled back so dramatically.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.