A few years back, at least among younger workers, anybody who stayed with the same company or in the same job for more than a few years either got bored, burnt-out or was labeled a loser who had peaked in mid-30s.
Not any more…
Many federal agencies report a bumper crop of job applicants who at one time might have would have sneered at anyone who sought job security over excitement and challenge.
But thanks to the recession, and a generous student loan repayment deal, a growing number of young professionals are viewing the federal government as the employer of choice. Sometimes the only choice. At least for now…
Bottom line is that whether people are coming into government to serve, make a difference or give back (most oft cited reasons) many are coming into government and signing agreements that will keep them in government for at least three years.
In addition to being about the only place that’s hiring these days, and also the place where one can make-a-difference, give-back or serve (choose one) Uncle Sam will pay off your student loans. Workers who qualify (and sign an agreement to stick around for at least 3 years) can get up to $10,000 per year to pay off a student loan, up to a maximum of $60,000 per qualified employee.
The most recent OPM report (fiscal year 2009) on the Student Loan Repayment Program shows that 40 of 89 agencies that responded did provide some loan relief, or had programs in place. The average student got $7,137 to pay off the loan. That’s considered income for tax purposes, which pains some recipients, but it is better than the proverbial sharp stick in the eye.
Guess which occupations took advantage of the program? You are right if you said attorney, criminal investigator, intelligence community and contract specialists. Agencies reported people with those skills are the one’s they want to attract and retain, so they got first consideration when it came time to decide who gets what and how much.
The Federal Labor Relations Authority will hold 2-day arbitration training programs September 13-14 Chicago and San Francisco and Washington, D.C. ( October 26-27). The training sessions are intended for federal and union practioners in grievance arbitration, and for arbitrators. To register you can call 202.218.7740 or email your name and contact info and training site preference to: TrainingRSVP@FLRA.gov
ADDITIONAL PAY AND BENEFITS NEWS ON FEDERAL NEWS RADIO IG: Former BLM manager took gifts Other headlines in this morning’s Federal Newscast: WikiLeaks to release CIA paper, Report: Military needs new office to stem suicides, New microbe discovered eating oil spill in Gulf. Read more here.
ALSO ON FEDERAL NEWS RADIO Turtles affected by oil spill released back into the sea Sea turtles affected by the BP oil spill have been returned to the Gulf thanks to the work of the National Oceanic and Atmospheric Administration. Since the beginning of spill, over 500 live turtles, have been brought in for rehabilitation, Barbara Schroeder NOAA’s national sea turtle coordinator said. Read more here.
Dorobek Must Reads Worried you’ll have no idea what people are talking about around the watercooler this morning? Each day, the DorobekInsider team collects a group of stories that we’re reading to stay in the know. On Tuesday, we learn why being a good boss is so important. Read more here.