Senior execs got 3.7 percent raise in fiscal 2008, OPM finds
An OPM report looks 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.
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.