Analysis: Latest contractor pay cap bill hurts ability to attract top talent
Tuesday - 3/20/2012, 10:57am EDT
Trey Hodgkins, senior vice president for national security and procurement policy, TechAmerica
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.
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