Employment at the Financial Management Service

Competitive Salary and Benefits

Consider This:

40-Hour Work Weeks are standard at FMS, which leaves time for you to:

  • Be with your friends and family
  • Enjoy your weekends
  • Attend evening classes

Alternative Work Schedules

In each two-week pay cycle, you can work eight 9-hour days, one 8-hour day, and use the tenth day as your day off!

Promotion Potential

As you advance in responsibility, your pay recognizes your talents and contributions. Pay-for-performance systems are in place to provide increases and awards for motivated employees.

Annual Leave

The amount of annual leave that you accrue is based on your number of years of service in the federal government. New employees working full-time, earn four hours of annual leave biweekly, totaling 13 days per year. Part-time employees accrue leave on a prorated basis. Annual Leave Accumulated:

Years of Service Biweelky Per Year
Less than 3 4 hours 13 days
3 to 15 6 hours 20 days
15 or more 8 hours 26 days

Sick Leave

For full-time employees, the sick leave accrual rate is 13 days a year; for part-time employees, it's one hour for each 20 hours worked in pay status.

Sick leave may be used when you: receive medical, dental, or optical examination or treatment; are incapacitated by physical or mental illness, injury, pregnancy, or childbirth; because of exposure to a communicable disease, that might jeopardize the health of others by your presence on the job; or must be absent from work for adoption-related activities.

Holiday Leave

Ten paid holidays annually plus other holidays the President may declare.

Holiday Date
New Year's Day January 1
Martin Luther King Jr.'s Day 3rd Monday in January
Presidents' Day 3rd Monday in February
Memorial Day Last Monday in May
Independence Day July 4
Labor Day 1st Monday in September
Columbus Day 2nd Monday in October
Veterans Day November 11
Thanksgiving 4th Thursday in November
Christmas December 25

If a holiday falls on a Saturday or Sunday, federal offices will be closed on the preceding Friday or the following Monday. In addition, Inauguration Day, January 20, following each presidential election, is a holiday for federal employees in the Washington, D.C area only.

Health Insurance

The Federal Employees Health Benefits (FEHB) program is designed to help protect you and eligible family members from the expenses of illness and accident. The cost of the program is shared by you and the government and you have over 10 plans to choose from. You can use your FEHB benefits as soon as your coverage is effective. There are no waiting periods, required medical examinations or restrictions because of age or physical condition. There are two types of enrollment in each plan:·

  • Self Only, which provides benefits only to you
  • Self & Family, providing benefits to you and all eligible family members. A self and family enrollment covers you, your spouse and your unmarried dependent children under age 22

Thrift Saving Retirement Plan (TSP)

TSP is a valuable way to build up a nest egg for your retirement. TSP is the government's version of the popular 401K plans offered in the private sector. The TSP is a payroll withholding based plan. Investments are from pre-tax dollars and investment earnings are tax deferred until withdrawn. You make your own contribution by payroll deductions allowing for…

  • Opportunity to invest up to 13% of your salary (pre-taxed)
  • Government matches your investment up to 5% of your contribution
  • Twice-year open seasons in which you can begin or change your investments

Work/Life Programs

  • Public Transportation subsidy
  • Expanded use of sick leave Family Medical Leave Act (FMLA)
  • Employee Assistance

These are a sampling of the lifestyle advantages we offer. Of course, the best way to measure them is to experience them yourself.

The Financial Management Service is an Equal Opportunity Employer

   Last Updated:  March 14, 2014