Is your agency rolling back retention incentives?
May 11th, 2012 | Pay & Benefits | Posted by Stephen Losey
With agencies facing tight budgets and unprecedented scrutiny of their payroll costs, has your agency reined in its use of retention incentives? Have you recently lost a retention incentive, or are you offering your employees fewer such bonuses to hold on to them? If so, why?
E-mail me at slosey@federaltimes.com. I will keep your response anonymous if you like.
Tags: incentives, retention, what do you think?
Comments
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George Gardner Says:
August 22nd, 2012 at 1:18 pmSTill awaiting decision. Have been getting Retention Incentives for 9 years prior, with justification. Now told that decision for approval will be determined by a outside committee, and will likely be denied. This is 18%, and will likely cause mass exodus. Is this the downfall of VHA. Other technical fields are trying to move to Wage Grade, instead of GS, status to lower pay.