My recent post on running a practice month on a furlough budget had a comment from Dan:
I created a furlough calculator for everyone I work with. It quickly made its way around the globe and many civil service employees are using it to project the near future. It is a simple excel spreadsheet that people can plug their current information in from their LES and it’ll automatically compute their furlough amounts. The calculator is available [here].
I downloaded the calculator. It works not only with Excel, but also with Open Office.
It’s very detailed, clear and easy to use, and has the kinds of deductions that a federal employee would expect on their leave and earnings statement. It prints on a single page.
I recommend running the numbers if you’re looking at a furlough — especially if you’re a Department of Defense or Federal Aviation Administration employee and are looking at a whopping twenty-two furlough days. (Update May 26 2013: This is now down to eleven days.)
Furlough is bad news, but the sooner you internalize the shortfall, the more time you have to prepare, and the less of a shock it will be.
And thanks to Dan, calculating the reduced paycheck amount is free with this furlough pay calculator, and all laid out for you. Take advantage of it!