The Office Personnel Management says its final regulations
on performance-based pay for senior executive service and
senior professionals are “the last in a series rule-making
efforts,” to move top managers “into a true
pay-for-performance system.”
With certification from the Office of Management and Budget
and OPM that agency appraisal systems make “meaningful
distinctions in relative performance,” agencies may raise
the aggregate annual limit on pay and bonuses for SES and
senior professionals up to the vice president’s 2004 salary
of $203,000.
Under the new rules agency heads may also give more than
one pay increase in a 12-month period “in recognition of
an exceptionally meritorious accomplishment; when the
executive is reassigned to a position of greater
responsibility; in order to recruit an individual with
superior leadership or other competencies from a position
in another agency; or, to keep a senior executive critical
to the agency’s mission from leaving the agency,” said OPM.
The new rules can be found here:
