Those in the dreaded private sector aren’t so lucky.
(IBD) — Just 737 federal employees were denied a pay increase in 2009 due to poor job performance, according to information obtained by the Federal Times, a D.C. newspaper for government employees. That’s about one out of every 1,698 workers, or a denial rate of 0.06%.
Believe it or not, that is actually up from recent years, according to data from the Office of Personnel Management. The denial rate had hovered between 0.04%-0.05% from 2004-08.
So is the federal work force super-efficient? Are all the raises justified? Probably not.