Month: September 2014

Federal Jobs and Compensation at Financial Regulatory Agencies

Posted on by David Scholl

Did you know that there are entire agencies paying their employees significantly higher than those with similar federal jobs in agencies paying pursuant to the General Schedule and Senior Executive Service salary scales? How do they do it and how can you get one of those jobs? Congress provided these agencies with the authority to establish their own pay and benefits programs. This article provides some insight into the amounts of pay and kinds of benefits/subsidies provided by Federal financial regulatory agencies as well as the most prevalent types of positions occupied at those agencies.

Who Are These Agencies?

Although there are a number of financial regulatory agencies, the largest and most well-known of these include the Commodities Futures Trading Commission (CFTC), the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve Board (FRB), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC).

Through a series of Congressional actions beginning with the FIRREA in 1989 (link) and ending most recently with the Dodd-Frank Act in 2011 (link), each of these agencies, other than the FRB, either is charged setting employee compensation comparable to the others, or, in the case of the CFPB, comparable to the FRB. The impact of these statutory provisions has resulted in a steady escalation to, and enhancement of, compensation at these agencies over the past twenty years. Superimposed on this comparability mandate is the fact that the National Treasury Employees Union (NTEU) currently negotiates compensation provisions on behalf of employees at each of these agencies other than the FRB and the CFTC, where a petition for representation is pending (check on this).

How Do Salaries Compare to the General Schedule?

By way of illustration, let’s look at some relevant statistics at the largest of these agencies, the FDIC, as compared to the rest of the government. The negotiated compensation agreement between the FDIC and NTEU covering 2010-2013 provides that basic non-supervisory/executive pay will be at least 10% and no more than 40% above comparable GS pay grades. Stated another way, the 2013 salary for a GS-12 (average grade for a Washington, D.C. area employee), Step 10 employee at most executive agencies was $78,355, while the maximum salary of a CG-12 FDIC employee was $109,697. In terms of an overall comparison, the average GS salary for 2013, including locality pay, was $79,030 while the average 2013 FDIC salary, including locality pay, was $123,710, a 56% increase.
Are There Different Benefits?
In addition to the significantly higher salary scales, the following links are some examples of the generous benefit programs provided by the financial regulatory agencies: separate 401(k) plans with agency contributions; distinct agency insurance programs covering health, life, vision, dental, and long-term disability; annual physical exam subsidies; and generous relocation programs. All of these benefits exist independent of the insurance plans and benefits available to other federal employees. Of particular significance is the fact that, besides having its own 401(k) savings plan, the FRB has its own unique pension plan, in which employees of the CFPB may also participate.

What Kinds of Jobs Are Available?

The workforce at these financial regulatory agencies largely consists of: Bank Examiners, Financial Analysts, Economists, Accountants, Attorneys and IT professionals. However, there are also numerous administrative positions in areas such as Human Resources (including Benefits, Labor & Employee Relations, Policy and Training), Equal Employment Opportunity, Procurement and Budget Operations. These administrative positions generally require no financial prerequisites and, as indicated above, are significantly more lucrative than their counterparts at other executive agencies.

Please visit the websites of each of the referenced agencies, usajobs, and search all federal sector and for related jobs by occupation and agency in order to see the full range of available positions.

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The information provided may not cover all aspects of unique or special circumstances, federal regulations, and programs are subject to change. Our articles and replies are time sensitive. Over time, various dynamic human resource guidance and factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM or any federal entity. You should consult with school counselors, hiring agency personnel offices, and human resource professionals where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

Federal Jobs – My Personal Journey

Posted on by Betty Boyd

There are many employment options available today in the private and public sectors. We hear so much about the traditional job market that it is easy to overlook some of the most lucrative job options. Have you consider working for the federal government? Federal jobs are plentiful and available nationwide if you know where to look.

I worked for Uncle Sam for 30 years retiring in 2012. I started in the acquisition field as a contract specialist and eventually transferred to an IT profession. My first IT job was as an Information Management Specialist and then I moved to an Information Specialist in policy and planning. Both jobs were in the Information Technology Management Series. I ended my career as a Program Analyst in the GS-0343 Series. My career took a few turns along the way, however, it was interesting and I learned quite a lot.

As my career progressed I was given greater roles and responsibilities. I enjoyed serving my country and for me that was one of the most enjoyable aspects of my work and was one of my reasons for getting up each morning.

It too can be your reason for getting up in the morning along with attractive benefits, good pay, and job security. The benefits are generous to say the least and include; life and health insurance, a 401k plan and a Federal Employee Retirement System (FERS), 13 days of sick leave each year, and vacation time, called annual leave in the federal sector, is accrued based on your length of service. You can also save up to 6 weeks of annual leave and sell that time back to the government when you retire.

Job security is another factor to consider and there are less layoffs, called a Reduction in Force (RIF), in the federal government. Promotion potential depends upon many factors including your motivation, credentials, willingness to relocate, and the agency you work for.

Working as a public servant can be very rewarding. How many jobs or careers for that matter, can you say are truly rewarding? There is a satisfaction in knowing that you are an integral part of something much bigger than you are. You are serving the American public and able to work in challenging environments across the country and in so many different occupations. Duty is a certain aspect of working for the Federal Government that goes beyond just showing up for the job each day.

There are many resources for you to explore federal jobs in your area. Start by visiting www.federaljobs.net, the companion web site for the 11th edition of The Book of U.S. Government Jobs. This book and website walk you through the hiring process and provide the information you need to find jobs, complete a professional federal resume, and prepare for the job interview. Also visit www.usajobs.gov, the official recruiting website for the federal government.
Many assume that the majority of federal employees work in the DC Metro area. Fewer than 15 percent of all federal employees worked in or near Washington, DC. You will find offices and federal jobs in all of the major metropolitan areas. Many smaller cities and rural areas have district or local facility offices that offer opportunities for employment across the country and internationally in over 200 countries.

The Federal Government offers tremendous opportunities with over 900 occupations to choose from! From administrative and management to general labor and trades. The baby boomers will be retiring in greater numbers in the next few years, and young people will be needed to fill these jobs. There are many opportunities to take advantage of if you take the time to seek them out. Start exploring the possibilities today.

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The information provided may not cover all aspects of unique or special circumstances, federal regulations, and programs are subject to change. Our articles and replies are time sensitive. Over time, various dynamic human resource guidance and factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM or any federal entity. You should consult with school counselors, hiring agency personnel offices, and human resource professionals where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

 

 

Working for the United States Postal Service – A Personal Perspective

Posted on by Nancy Ledgerwood

I was so excited when I got the call to come to work for the United States Postal Service! I had recently been laid off from another job and this couldn’t have come at a better time. I had always heard that the USPS was a good place to work and I found out it was. The benefits were excellent; 5 weeks of vacation (when I retired), 10 paid holidays, 13 paid sick days, health benefits and good wages!

Working For the U.S Postal Service
Working For the U.S Postal Service

I began my postal career June 1, 1991 at the General Mail Facility (GMF) in Kansas City KS working as a Distribution Clerk. My duties included; sorting parcels, letters and flats, working in the registry cage, running the Flat machine and Bar Code Sorter.

One of my favorite things to do was work on the flat machine. This was a machine that sorted the flats (magazines and newspapers) by zip code. I would sit at a conveyer and the flats would come in front of me and I would have to key the last three digits of the zip code, then the machine would take the flat and dump it in a tub to be delivered to that particular post office. I liked to challenge myself on how fast I could key them in. I was scheduled on Tour 1, which is 10:30 pm to 7 am and I was surprised when I found out I would be working nights. I guess I never gave it a thought as to how the mail got to the post office for the carriers to deliver. I have to admit, it was an adjustment to work those hours and as soon as I could, I put in for a transfer to the Pleasant Hill MO Post Office.

I was able to transfer in August of 1993 and began working the window and sorting mail. I would arrive at the post office around 5:45 am and began sorting the mail for the carriers. We had to sort it by route. It took a little while to learn all the different street names and which route they went on, but doing it day after day, I learned it pretty quickly. We had two city routes and 5 rural routes. The clerks in offices like this usually do a split shift, we come in early to sort the mail and then come back in the afternoon to get all the mail ready for dispatch.

One of my other duties while working at Pleasant Hill was as a substitute City Carrier. I would carry the mail every other Saturday. I’m not much of an “outdoor” person, so this job wasn’t one of my favorite things to do. You had to carry mail in the rain, snow, hail, etc. I liked the days where it was 70 degrees and mail was light! This route was 4 miles long, so it wasn’t that bad compared to the other route, which was 18 miles. I met a lot of nice people along the route and some of them were very good to me including giving me something cold to drink on those hot days. That was so appreciated! That’s one of the nice things about the postal service; there are many, many different jobs. There is one out there for you!

I transferred in 1995 to the Greenwood MO Post Office where I also worked the window and sorted mail. This was a smaller office than Pleasant Hill; we didn’t have any city routes and only 3 rural routes. No more carrying mail! I liked that! I stayed at this post office until 2000, when I transferred to the Bates City MO Post Office. That is one of the nice things about the post office, you are able to transfer and get closer to home. Bates City was only a few miles from my home, which made it so nice. I was the only clerk in Bates City. Whenever the Postmaster was out of the office, such as on annual or meetings at the District Office, I would be the Officer In Charge or Acting Postmaster.

In October of 2003, I was fortunate to be “detailed” in the Personnel Department at the District Offices in Kansas City MO. I learned so much in that position and loved that job. I was responsible for the hiring of career and non-career employees in 700+ post offices, stations and processing plants in Kansas and Missouri. My two-year “detail” turned into 5 years! It was a very rewarding position, because I got to see the excitement on new employees faces just like I had in 1991. The USPS has been very good to me; I had excellent pay, health benefits and now a good retirement. If you are looking for the same things, I strongly urge you to visit http://www.postalwork.net to explore the opportunities and for direct links to the official USPS employment site. Search for any positions that are now available and apply. I don’t think you will be sorry that you did. Good luck to you!

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The information provided may not cover all aspects of unique or special circumstances, federal and postal regulations, and programs are subject to change. Our articles and replies are time sensitive. Over time, various dynamic human resource guidance and factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM, the postal service or any federal entity. You should consult with school counselors, hiring agency personnel offices, and human resource professionals where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

Direct Hire Authority For Federal Jobs

Posted on by David Scholl

It’s no surprise that many people interested in Federal jobs often are discouraged by the amount of time it can take to complete the hiring process. Following the closing date of a job announcement, the hiring timeline is affected by the rating and ranking process including the application of various hiring preferences, the interview process, reference checks, and the necessary background investigation. Despite efforts by the Obama administration, through the issuance of a Presidential Memorandum, and the U.S. Office of Personnel Management (OPM) to streamline the process, it may still take several months from the submission of an application until the first day of work.

A Direct-Hire Authority (DHA) is perhaps the most effective tool currently available to agencies seeking to expedite the hiring of qualified people in positions that must be filled quickly. The following discussion provides information on current government-wide authorities; outlines the nature of a DHA; indicates what an agency must do to obtain the authority; and explains what applicants should do in order to take advantage of a DHA.

Current Government-Wide Direct-Hire Authorities

At this time, agencies may take advantage of government-wide DHA related to the following occupations:

  • Medical positions (Diagnostic Radiologic Technologist, Medical Officer, Nurse, Pharmacist)
  • Veterinary Medical Officer
  • Information Technology Management (Information Security) positions
  • Federal Acquisition positions covering a broad range of contracting and purchasing jobs
  • Iraqi Reconstruction positions requiring fluency in Arabic or other Middle Eastern languages

Description of Authority

Under a DHA, an agency must demonstrate a severe shortage of candidates or critical hiring need. If one of these conditions applies, the agency is free to hire any qualified applicants into a competitive service position without regard to:

  • the normal rating and ranking process,
  • the application of veterans’ preference, or
  • the “rule of three” selection requirement, under which managers may only select from among the three highest-scoring applicants.

Although OPM may independently authorize a DHA for certain positions/locations, it is more common for individual agencies to submit a request based on their own unique sets of circumstances.

Required Information

In making a Direct-Hire request, an agency must be as specific as possible about the positions it seeks to fill in particular locations, as well as define the time-frame needed for use of the authority.

When making a request based on a severe shortage of candidates, the relevant regulation provides detailed guidance as to how an agency can demonstrate that the position(s) are difficult to fill. OPM finds the following to be the most significant types of evidence: documented results of relatively recent recruitment and training efforts including the use of other hiring authorities and incentives; reports from government organizations and trade associations regarding employment trends and skill shortages; and unique position requirements such as security clearance and medical training.

Under a critical hiring need request, an agency must document the basis for the need and submit evidence as to why the use of existing hiring authorities is impracticable or would be ineffective. Specifically, an agency must point to a provision of law, Presidential directive/initiative, declaration of national emergency, or other unforeseen circumstance that requires the immediate filling of vacancies. OPM also requires the agency to fully describe why other hiring authorities, or options such as transfers, details, or reassignments, cannot meet the immediate need.

Finding a Direct-Hire Position

Don’t be discouraged If you do not qualify for one of the available government-wide Direct-Hire positions. There are likely to be many more positions available as a result of specific agency grants of authority. Agencies must post all Direct-Hire vacancies on usajobs.gov. A recent search revealed over 300 Direct-Hire job postings. In order to insure that you’ve captured the full range of available positions, you should also visit the job postings portal on the website for any agency that hires people with your qualifications and is located in your geographic area(s) of interest.

By way of caution, the use of DHA is not free from controversy. As indicated above, its application negates veterans’ preference, and Congress recently scrutinized HHS’s filling of approximately 1800 Direct-Hire positions in connection with the Patient Protection and Affordable Care Act.

For detailed information regarding DHA, please see the fact sheet on OPM’s website.

Helpful Career Planning Tools 

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The information provided may not cover all aspects of unique or special circumstances, federal regulations, and programs are subject to change. Our articles and replies are time sensitive. Over time, various dynamic human resource guidance and factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM or any federal entity. You should consult with school counselors, hiring agency personnel offices, and human resource professionals where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

Federal Jobs in Information Technology (IT) – Explore the Possibilities

Posted on by Betty Boyd

Information Technology is a constantly growing field and IT Professionals have many options today at their disposal. Explore private sector and federal IT jobs to expand your employment options .

Private Sector IT Professionals versus Public Sector IT Professionals

The private sector employs network administrators, security, and systems analysts. The benefit packages including health insurance, 401k for retirement, sick time, holidays, and vacations can differ greatly from company to company. You must also consider the risk of a layoff, and the promotion potential at a particular company. Certifications and educational requirements are similar for both the private and the public sector.

The federal sector assigns job categories for each occupation and the 2210 job series is specifically for IT jobs. The benefits that the Federal Government offers are generous including health insurance, Thrift Savings Plan (TSP) (a 401k plan), Federal Employee Retirement System (FERS), sick and annual leave is accrued based on how long you work for the government. There are less layoffs, called Reduction in Force (RIF), in the federal government and promotion potential depends upon many factors including your credentials, willingness to relocate, and the agency you work for.

2210 Job Series

The Information Technology Management series (2210) is covered by a Job Family Standard (JFS). This article will explore 2 of these federal jobs, the education requirements, and other qualifications.

The Network Services (NETWORK) includes network administrators, LAN/WAN administrator and others. The required education includes High School and experience or a BS degree or higher for an entry-level job. Network administrators can further distinguish themselves with various certifications, such as CompTIA’s Network+, and Cisco’s CCNA. They have to be able to work in various operating systems and computer platforms, as well as do program, design and modify commercial software. The Occupational Outlook Handbook describes the Network and Computer Systems Administrator in detail.

The Systems Administration (SYSANALSIS) includes system administrator, site administrator or UNIX/Windows administrator. The required education is a Bachelors Degree or higher. Systems administrators include more advanced certifications in Microsoft. The Project Management Institute (PMI) has a Project Management Professional (PMP) certification. The systems analyst should have knowledge of hardware systems and software applications. The Occupational Outlook Handbook link to this career field provides insightful information about job outlook, working conditions, pay and more.

This is just a small sample of the tremendous opportunities that the Federal Government has to offer in IT. Various agencies can offer the IT professional exciting and challenging jobs. Below is a list of agencies that require highly skilled IT processionals.

U.S. Cyber Command (USCYBERCOM)

The U.S. Cyber Command or USCYBERCOM is located in Fort Gordon, GA and is one of the premier places for IT professionals to work. The mission of “USCYBERCOM is to plan, coordinate, integrate, synchronize, and conduct activities to direct the operations and defense of specified DOD information networks. They also prepare to, and when directed, conduct full-spectrum military cyberspace operations in order to enable actions in all domains, ensure US/Allied freedom of action in cyberspace and deny the same to our adversaries.” Here is the link for more information, U.S. Army Cyber Command.

U.S. Army Network Enterprise Technology Command (NETCOM)

NETCOM was realigned in 2014 to a subordinate command under the U.S. Army Cyber Command/2nd Army and their mission is to operate and defend computer networks of the United States Army. Their headquarters are in Fort Huachuca, AZ and they provide direct and indirect support to Army and Joint Coalition forces. Here is the link for more information NETCOM | Home – U.S. Army .

Department of Homeland Security (DHS)

DHS is comprised of 22 agencies and was formed after the attacks of 9/11 in 2001. Their mission is to ” prevent terrorism and enhance security; managing our borders; administering immigration laws; securing cyberspace; and ensuring disaster resilience.” DHS is unique because it impacts all sectors, from across the federal government, state, local, tribal and territorial governments, non-governmental organizations and the private sector all help to carry out this mission. Here is the link for more information U.S. Department of Homeland Security.

What the future holds for IT professionals

All agencies across the federal government will have an increased need for IT professionals to keep our networks properly functioning, protect our infrastructure, and defend against cyber attacks.

The Bureau of Labor statics indicates that the estimated job growth (through 2018) in the field of information technology will add approximately 785,700 new jobs. Moreover, it is projected to grow twice as fast as other occupations. According to the Bureau of Labor (BLS), the average wage of a Network Administrator with a Bachelors Degree is about $77,910 and for a Computer Systems Analyst with a Bachelors Degree is about $85,320.

The future for IT professionals in the federal government is excellent. Agencies continue to expand their automation footprint. Having the right education and certifications will make an IT professional stand out. Our infrastructure and computer networks are under constant attack, there will always be a need for good IT professionals to keep it safe. View all IT job listings for your area.

Helpful Career Planning Tools 

Visit our other informative site

The information provided may not cover all aspects of unique or special circumstances, federal regulations, and programs are subject to change. Our articles and replies are time sensitive. Over time, various dynamic human resource guidance and factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM or any federal entity. You should consult with school counselors, hiring agency personnel offices, and human resource professionals where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.