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Benefits and career development opportunities
FDIC takes
pride in being able to offer its employees highly competitive and generous
benefits programs. Read why working at FDIC can be of benefit to you.
Benefits
- Federal Employees Health (FEHB) Insurance Program,
consisting of options such as Managed Fee-for-Service,
Point-of-Service, HMO, and High-Deductible Health Plans coupled with a
Health Spending Account.
- Federal Employees Group Life Insurance (FEGLI)
Program, which provides basic and optional coverage for you and
optional coverage for your dependents
- FDIC Choice - a Flexible Cafeteria Benefits Plan,
offering Dental, Vision, Life, Long-Term Disability, Health Care
Flexible Spending Account, Dependent Care Flexible Spending Accounts
- FDIC Parking Flexible Spending Account Program
- Federal Retirement System plans
- Federal Thrift Savings Plan and FDIC Savings Plan
(401(k))
- Alternative Work Schedule, Telework programs
-
Paid holidays, Annual Leave (Vacation) and Sick Leave
Go to
http://www.fdic.gov/about/jobs/benefits.html for more
detailed information.
Compensation
- Table of Locality Rate Adjustments by Duty location (21 KB Excel File -
Excel Help) (26 KB PDF File - PDF Help)
-
2013 Basic Rates of Pay for FDIC Corporate Grade (CG), Manager (CM),
Expert (CX) and Executive (EM)
(14 KB Excel File -
Excel Help)
(17 KB PDF File - PDF Help)
- 2013 Pay Structures for XP, XL, and XS Plans
(42 KB Excel File -
Excel Help)
(17 KB PDF File - PDF Help)
- 2013 Wage Rate Schedule (41
KB PDF File -
Excel Help)
(17 KB PDF File - PDF Help)
How FDIC Sets Pay:
1. It is the general policy that upon appointment to FDIC by
initial hire, reinstatement, or transfer (without promotion), basic pay
shall be set at the minimum of the grade for the position that the
employee is being hired.
2. However, new hires may receive a salary at a rate above the
minimum basic pay when the appointee is or was receiving a higher rate
of pay (highest previous rate) in a related field. In these cases, after
FDIC review and approval, the appointee’s higher adjusted rate of pay
(or the equivalent) may be matched by comparing it with the FDIC
Adjusted basic pay (basic rate + locality adjustment) for the official
duty station.
3. Highest previous rate is defined as the highest rate of basic
pay earned in a permanent position or under a temporary promotion
lasting more than one year. When the highest previous rate was earned in
a prior year, consideration may be given to the FDIC structure
adjustments made during the period covered that would have increased the
employee's basic pay had the employee been with the FDIC and remained at
the higher grade.
4. Documents needed by Human Resources staff to verify higher than
minimum rate of pay include:
- Pay receipts from prior or current employers that clearly
identify source of income, distinguishing bonus or benefits payments
from regular salary;
- Official notices of salary changes from the employer;
- 1040 documentation of taxable income reported to the IRS; or
- Current, signed offers of employment from authorized hiring
officers
5. Exceptions to these pay setting terms would be appropriate for a
position that is hard to fill or for other reasons that mandate the
necessity to set pay above the minimum in a grade. Any exceptions
made under these circumstances require the prior approval of the
Deputy to the Chairman and Chief Financial Officer.
Career Development Opportunities
- Training and Professional Courses
- Career Management Program
- Professional Association Membership
- Paid Conferences
- Fellows and Graduate Programs
- External Management Training Programs
- Tuition Assistance
- FDIC Mentoring Program
- Expression of Interest Program
Go to Career Development Opportunities for more detailed information.
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