Colliding With The Social Web

Top 10 GovCon Stories – #5 – Two-Year Federal Pay Freeze

Though a recent development in 2010, the decision to freeze pay to all civilian federal employees, including those working at the Department of Defense (excluding military personnel), was an important and newsworthy development. Political leaders felt pressure from voters, many of whom are concerned about high unemployment and the growing budget deficit. Analysts predict that the freeze will save more than $5 billion over two years, $28 billion over five years and over $60 billion in the next 10 years.

Why it matters to the GovCon space?

Click to read the full story on GovWin.com

Facebook Comments

You may also like
Goodbye - Picture of GovWin Website from November 2010
Remembering The GovWin Community
Hackmer Leaves Deltek’s GovWin
Enhanced Opportunity Match Score Criteria Unveiled