(two) A cash award less than this section shall be equal to an sum established acceptable by The top from the company, but is probably not more than ten p.c of the employee's once-a-year level of basic pay. Notwithstanding the previous sentence, the company head may well authorize a cash award equivalent to an amount exceeding 10 percent of the worker's yearly fee of primary fork out Should the company head determines that Outstanding efficiency by the employee justifies such an award, but in no circumstance might an award under this portion exceed 20 percent of the worker's annual level of essential shell out.
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(b) When the head of an company certifies to the Business office of Staff Management which the recommendation, creation, top-quality accomplishment, or other meritorious exertion for which the award is proposed is highly Excellent and unusually superb, a cash award in extra of $10,000 but not in extra of $twenty five,000 may very well be granted Together with the acceptance from the Business office.
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This kind of website corporation shall chorus from approving any such reward till the Director of OMB has had a possibility to assessment the knowledge provided by the corporation.
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An agency may pay back or grant an award underneath this subchapter notwithstanding the Loss of life or separation in the service of the worker involved, In case the suggestion, invention, superior accomplishment, other personal effort, or Unique act or assistance in the public fascination for which the award is proposed was created or executed even though the worker was during the use of The federal government.
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