Too many federal executives are receiving top performance ratings and rewards, Office of Personnel Management Director Kay Coles James suggested in a recent letter to agency chiefs.
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The Defense Department will look at consolidating various operations and experiment with new financial management techniques as part of an ongoing effort to overhaul business operations.
Even as they excoriate corporate CEOs for accounting gimmickry, members of Congress and executive branch officials cook the books themselves.
Some federal agencies are getting tougher on senior executives, issuing lower performance ratings and giving out fewer bonuses, according to a new report.