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Article: FDA bonuses to be reviewed; critics say funds not used well.(FDA Management)
- Article from:
- Adverse Event Reporting News
- Article date:
- July 30, 2007
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FDA is giving workers more than $8 million in bonuses to keep them from defecting to pharmaceutical and other regulated industries, at the same time congressional critics say the money would be better spent on improving safety, "The Washington Post" said July 17.
The retention bonuses, worth $5,000 or more per employee, are triple what it paid in 2002 and more than any other federal agency pays. As recently as 2005, FDA accounted for more than 40% of the overall $21.6 million the government paid in retention bonuses, according to FDA and other government records.
In 2002, FDA issued just $3.2 million in bonuses worth $5,000 or more. That grew to $9.5 ...