FEDS Spent More Than $850 Million In Raises Last Year?

Federal agencies may have spent as much as $850 million on raises last year, the first year of the pay freeze. Federal Times reported big raises came through career ladder promotions. That's when employees jump a whole General Schedule rank. It can net them raises of up to $10,000. One-thousand-and-eight employees received career ladder promotions, which represented a third of all promotions and a big jump since 2008.