This FAQ has been superseded by FAQ #7 below, “If States issue retention bonuses or provide cost of living increases with ARRA funding, are those counted as jobs retained?
A. In general, it is important to emphasize that the purpose of the Recovery Act is to create new job opportunities or retain positions which would have otherwise been eliminated due to the unprecedented downturn in the economy. We do not advocate the use of Recovery Act funds for cost of living increases or retention bonuses, nor do we consider these to be appropriate uses of funds. For the purposes of Recovery Act reporting, we think that it is critical to count all jobs created or saved by the Recovery Act, and only those jobs that were created or saved by the Recovery Act. Therefore, we have developed a methodology whereby only those portions of compensation paid for out of Recovery Act funds count towards the overall job count. For example, if Recovery Act funding constitutes 5% of the total estimated compensation for hours reported on a full time worker, this would be counted as 0.05 of a job. In order to simplify reporting requirements, this methodology does not distinguish betw
Related Questions
- This FAQ has been superseded by FAQ #7 below, "If States issue retention bonuses or provide cost of living increases with ARRA funding, are those counted as jobs retained?
- If States issue retention bonuses or provide cost of living increases with ARRA funding, are those counted as jobs retained?
- What is the latest about Social Security Cost of Living Increases?
