A bipartisan bill in the Senate would cap contractors’ pay at $400,000 — the same as what the President makes. This bill would apply to all employees, not just top-level executives.
Trey Hodgkins, senior vice president for national security and procurement policy at TechAmerica, said the current provision for calculating the pay cap is “grounded in realistic salary evaluations” of the commercial market.
“The reason the provision is in place is to try to replicate those salary levels so we can try to attract the best and brightest to government business,” Hodgkins said in an interview with The Federal Drive with Tom Temin.
A result of the bill would be companies pay employees a higher portion of their salaries, Hodgkins said.
Tom Temin is the host of The Federal Drive, which airs from 6-8 a.m. on 1500 AM in the Washington, D.C. region and online everywhere. Tom has 30 years experience in journalism, mostly in technology markets. Before coming to Federal News Radio, he was a long-serving editor-in-chief of Government Computer News and Washington Technology magazines.