Text of Recommendation | FHFA should reinforce FHFA’s program policies and procedures through a reminder to FHFA supervisors and senior officials involved in initiating, reviewing, and approving monetary awards, recruitment bonuses, and retention allowances to:
• Obtain the requisite concurrence from the supervisors of record and second-level supervisors, when applicable, for monetary awards,
• Ensure documentation supporting recruitment bonuses for non-executive, mission-critical positions cite how the positions were recruitment challenges, and
• Ensure documentation supporting retention allowances cite that non-executive employees were offered non-FHFA employment or applied for retirement.
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Recommendation Number | AUD-2021-008-1 |
Recommendation Status | Closed |
Significant Recommendation | No |