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Search Tags: Presidential Rank Awards
Last spring, as across-the-board budget cuts roiled through agencies across government, the White House decided to cancel the monetary portion of the Presidential Rank Awards, which granted recipients as much as 35 percent of their salary in a one-time bonus. But the White House maintained it was "focused on finding means to acknowledge excellence in non-monetary ways." The Senior Executives Association (SEA), in a statement released Monday said it still hasn't heard from President Barack Obama on those alternatives.
The Office of Personnel Management released a statement Thursday urging agencies to still nominate executives for the Presidential Rank Awards despite the absence of bonus money. OPM said winners will receive presidential recognition.