Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kevcol

A long time ago, in a galaxy far away, I worked for a government agency.

Their unwritten policy was to give all employees a Merit Performance Award (raise) each year, despite performance.

This increased the budget needed, and the more money you handle, the more money they must pay you.

The Chief Financial Officer understood that system well.

Also, at the END OF FISCAL YEAR, government agencies go on buying sprees, buying unneeded junk to spend their ‘allocation’ and go over just a bit , to help justify getting.... a bigger ‘allocation’ (budget).

This was to avoid the rule that if you had money left in the budget, it was taken out, and your ‘allocation’ might even be lowered to match.


3 posted on 08/06/2012 8:40:18 AM PDT by UCANSEE2 (Help. How do I put something in my tagline.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: UCANSEE2

Yep.....spend it or lose it. Rampant in the Fed (and, I may add, many large corporations as well).


6 posted on 08/06/2012 8:48:50 AM PDT by RightOnline (I am Andrew Breitbart!)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson