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In December 2007, the President's Pay Agent reported that an average locality pay adjustment of 36.89% would be required to reach the target set by FEPCA (to close the computed pay gap between federal and non-federal pay to a disparity of 5%). By comparison, in calendar year 2007, the average locality pay adjustment actually authorized was 16.88%.
De’Shon Bradley, a Nebraska man who has worked for the post office since 2012, compared the postal service's annual pay increases with UPS, which reached an agreement with its union in 2023.
In fiscal year 2022, the Postal Service had $78.81 billion in revenue and expenses of $79.74 billion. Due to one-time appropriations authorized by the Postal Service Reform Act of 2022, the agency reported a net income of $56.04 billion. [50] In the 2023 fiscal, revenue had increased to $79.32 billion, but reported a net loss of $6.48 billion. [4]
The Postal Accountability and Enhancement Act (PAEA) or the Postal Act of 2006 is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006. [1] It was meant to overhaul the United States Postal Service (USPS
The National Rural Letter Carriers' Association (NRLCA) is an American labor union that represents the rural letter carriers of the United States Postal Service (USPS). The NRLCA negotiates all labor agreements for the rural carrier craft with the USPS, including salaries, and represents members of the rural carrier craft in the grievance procedure.
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena
Feb. 6 marked the deadline for federal workers to accept the U.S. Office of Personnel Management (OPM) and the Trump Administration's offer of a buyout. These buyouts, or the option of "deferred ...
USPS reported on Thursday a net loss of $9.5 billion for its fiscal year ending Sept. 30, a $3-billion bigger loss than last year, largely due to a year-over-year increase in non-cash workers ...