Awards and Recognition - FinCEN
Awards and Recognition - FinCEN
Awards and Recognition - FinCEN
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
2. APPROVAL AUTHORITIES:<br />
a. The Executive Board will meet every year <strong>and</strong> recommend to the Director for ratification<br />
budgets for Performance <strong>Awards</strong>, Special Act or Service awards <strong>and</strong> Directors Award<br />
programs. The Executive Board will determine Performance Award budgets for each<br />
Associate Director or equivalent Office head, <strong>and</strong> will also determine the Special Act <strong>and</strong><br />
Director’s Award budget for the Director. The Executive Board will also specify the award<br />
range that may be used for “Outst<strong>and</strong>ing” <strong>and</strong> “Exceeded” performance ratings.<br />
b. All awards must be approved at a management level higher than the supervisor or manager<br />
who recommended the award. Exceptions would include when the Director is the<br />
recommending official, or for some On-the-Spot <strong>and</strong> time-off awards. (See Attachment 2<br />
for summary chart of approving authorities.)<br />
c. Assistant Directors can approve for employees the Assistant Director supervises On-the-Spot<br />
awards in cash up to $500 per person or group <strong>and</strong> time-off awards up to 16 hours per person<br />
or group.<br />
d. Associate Directors or Chief of Staff can approve for employees the Associate Director or<br />
Chief of Staff supervises:<br />
(1) Performance <strong>Awards</strong> within the ranges set by the Executive Board.<br />
(2) On-the-Spot awards up to $500 per person or group.<br />
(3) Time-off awards up to 40 hours per person per award, not to exceed 80 hours per<br />
person per year.<br />
(4) Quality Step Increases (QSI's).<br />
e. The Deputy Director can approve for the employees the Deputy Director supervises <strong>and</strong> for<br />
employees recommended for awards by an Assistant Director or Associate Director who do<br />
not supervise that employee.<br />
f. The Director (or the Director’s written delegate) can approve:<br />
(1) Any individual or group cash award (Special Act or Performance), not to exceed<br />
$10,000 per individual or group.<br />
(2) Quality Step Increases (QSI's).<br />
(3) Honorary <strong>Awards</strong> up to $150.<br />
(4) Director’s <strong>Awards</strong>.<br />
g. Award Limitations:<br />
<strong>Awards</strong> over $10,000 per individual or group must be submitted to Treasury for review, then:<br />
(1) The Office of Personnel Management (OPM) can approve awards from $10,001 to<br />
$25,000.<br />
(2) The President can approve awards exceeding $25,000.<br />
Fin002 (Rev. 08/01)
Change language