Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Federal Contractors


Are you one of the millions who work for Uncle Sam but is not employeed by him? If so, then you are part of the federal contrators' world. This forum is created to allow contrators to share experiences and give insight to others.

FederalSoup is a FREE forum site dedicated to serving the needs of federal contractors, so please keep this forum on topic and focused. This will help make this community valuable. Thanks for your cooperation.

To read today's top news stories on federal employee pay, benefits, retirement, job rights and other workplace issues visit FederalDaily.com.
Rebadging Offer Substantially Less Than Current Compensation - On-site contractor professional can keep job but w/steep pay cut
Options
Go to last post Go to first unread
Previous Topic Next Topic
lollyva  
#1 Posted : Monday, March 11, 2019 5:22:26 PM(UTC)
lollyva

Rank: Newbie

Groups: Registered
Joined: 11/26/2018(UTC)
Posts: 1
United States
Location: DC Area

Thanks: 1 times
After a recompete the company that holds the contract that employs a friend at a federal agency was awarded to a new company. New company offered employment but with a steep pay cut. Is there any hope or recourse? I know there is/was an Executive Order to reduce "displacement", they're not a manager. They stuck with the job through the recompete with hopes of a not bad re-badging, but the cut is a deep one.

What would you do? Obviously the onboarding is soon so would you just take it and then up your job search? I almost feel like the compensation difference is so egregious they should flag it somehow, but they'd rather just be employed and not lose a ton of money staying in the same job.
Back to top
FatHappyCat  
#2 Posted : Monday, March 11, 2019 11:59:17 PM(UTC)

Rank: Senior Member

Groups: Registered
Joined: 1/9/2011(UTC)
Posts: 689

Thanks: 3 times
Was thanked: 105 time(s) in 91 post(s)
As my mentor once told me: the best time to look for a job is when you have a job. In my career, only once have I left a position without something else in place which shocked most people I know since I have a pretty high tolerance for equine excrement.

On a side note - it always amazes me that most contractors have their pay scales reversed; start off high then lose money over time as the contracts are rebidded until eventually they hop ship to a different company and then start off high then lose money over time....etc
Back to top
thanks 1 user thanked for this useful post.
lollyva on 3/13/2019(UTC)
habu987  
#3 Posted : Thursday, March 14, 2019 8:28:28 AM(UTC)
habu987

Rank: Groupie

Groups: Registered
Joined: 9/7/2016(UTC)
Posts: 98
United States

Thanks: 25 times
Was thanked: 21 time(s) in 21 post(s)
As a contractor, there's not much they can do. Keeping it very simple, EO 13495 just requires that the successful contractor for service contracts just provide the right of first refusal to contractors employed by the previous firm, not that they be placed in the same position under the new contract or receive the same pay, just that they be offered a position they're deemed qualified for if the new firm has space for them.

Besides all that, if they don't have a new job lined up already, I'd recommend they take the rebadged position and fire up the resume printing press.
Back to top
someoldguy  
#4 Posted : Thursday, March 14, 2019 1:04:24 PM(UTC)
someoldguy

Rank: Senior Member

Groups: Registered
Joined: 10/28/2013(UTC)
Posts: 3,896

Thanks: 274 times
Was thanked: 896 time(s) in 750 post(s)
Here's something to keep in mind: Once you give up that $150K salary (or whatever) to take that steep pay cut, your new base pay is the lower number, and it will be very very difficult to get back up.

So you need to ask yourself two questions: one, am I overpaid? That is, do I think my salary has gotten totally out of sync with the market?

And two, can I afford to be out of work for a couple months while I try to find a new job at my current salary, after turning down the pay cut?

It's a tough game to play but it is part and parcel of being a contractor. You have to know what you're worth and not sell yourself short... as long as you can afford to be on the sidelines if need be.
DISCLAIMER: You read it on an open internet forum :)
Back to top
Rss Feed  Atom Feed
Users browsing this topic
Guest (2)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.


This page was generated in 0.049 seconds.
  • ©2007-2018 1105 Media, Inc. All Rights Reserved