
Some SEC employees took voluntary downgrades in order to get into the agency’s Upward Mobility Program that they considered as holding out better prospects for advancement than does the standard career ladder progression system, an inspector general report has said.
The report arose from a disclosure to the IG regarding that career development program, which “offers a chance to develop and promote” employees below the SK-9 level used in the SEC-specific grading system. The IG confirmed that of the employees selected for the 2020 and 2021 cohorts for that program, about 30 percent had taken voluntary downgrades from the SK-11 level in order to get into it.
All of them were re-promoted to that level shortly after getting into the program, it said, and all then were further promoted, it said.
The IG said that such a sequence “appears to comply” with program rules because those rules do not clearly prevent it. The report recommended that management clarify the policy.
OPM Advises Agencies on Conducting RIFs During Shutdown
Updated Shutdown Contingency Plans Show Range of Impacts
Use Shutdown as Justification for More RIFs, OMB Tells Agencies
Unions Win a Round in Court Disputes over Anti-Representation Orders
Deferred Resignation Periods End for Many; Overall 12% Drop
Senate Bill Would Override Trump Orders against Unions
See also,
How to Handle Taxes Owed on TSP Roth Conversions? Use a Ladder
The Best Ages for Federal Employees to Retire
Best States to Retire for Federal Retirees: 2025