Senior execs got 3.7 percent raise in fiscal 2008, OPM finds

Report shows average raise higher than in previous year

Senior executives at federal agencies got an average pay hike of 3.7 percent of their base salary, or $5,827, if fiscal 2008, a slight bump up from the average fiscal 2007 raise of 3.6 percent, or $5,475, according to a new Office of Personnel Management report released on Sept. 28.

The Report on Senior Executive Service Pay and Performance System for Fiscal Year 2008 looked at rating and pay data for 7,467 career, non-career, and limited-term members of the SES, excluding Office of Inspector General SES members.

The agencies which showed the biggest basic pay hike by percentage in fiscal 2008 were: the Education Department, 4.7 percent of base salary; the Department of Housing and Urban Development, 4.5 percent; OPM, 4.5 percent; the Office of Management and Budget, 4.3 percent; and the Interior Department, 4.3 percent. The agencies which showed the smallest FY 2008 basic pay percentage increases were: the Labor Department, 2.3 percent; Social Security Administration, 2.9 percent; and the General Services Administration, 2.9 percent.

Government-wide, 76 percent of career SES in FY 2008 also received performance awards, which averaged $14,831.

To see more, go to: www.opm.gov/ses/facts_and_figures/data_trends08.asp.

About the Author

Federal Daily, an 1105 Government Information Group site, features news and resources for federal and postal employees.

Featured

  • Telecommunications
    Stock photo ID: 658810513 By asharkyu

    GSA extends EIS deadline to 2023

    Agencies are getting up to three more years on existing telecom contracts before having to shift to the $50 billion Enterprise Infrastructure Solutions vehicle.

  • Workforce
    Shutterstock image ID: 569172169 By Zenzen

    OMB looks to retrain feds to fill cyber needs

    The federal government is taking steps to fill high-demand, skills-gap positions in tech by retraining employees already working within agencies without a cyber or IT background.

  • Acquisition
    GSA Headquarters (Photo by Rena Schild/Shutterstock)

    GSA to consolidate multiple award schedules

    The General Services Administration plans to consolidate dozens of its buying schedules across product areas including IT and services to reduce duplication.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.