FED BONUSES TO INCREASE SLIGHTLY IN FY 2017 - November 28, 2016
White House Increases Bonus Spending Cap to 1.5 Percent For Federal Employees
By Kellie Lunney, Government Executive
Federal agencies will be able to give their employees slightly larger bonuses in fiscal 2017 after a six-year freeze on performance awards, according to new guidance from the Obama administration.
The aggregate spending cap on agency performance and individual contribution awards for non-Senior Executive Service and non-senior level employees will increase from about 1 percent – the level it has been at since 2010 – to 1.5 percent for bonuses paid in fiscal 2017. Agencies will be able to spend up to 1.5 percent of the aggregate (fiscal 2016) salaries of all non-SES/SL/ST employees for these bonuses in fiscal 2017. The change applies to employees in the General Schedule, wage grade, and other non-senior level workers.