Review of the Millennium Challenge Account Employee Compensation

Recommendations

Recommendation 1

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, (1) implement comprehensive, specific guidance for Millennium Challenge Accounts on key staff compensation practices such as determining salaries, conducting performance evaluations, and awarding performance-based bonuses, and (2) determine and document if and how the Millennium Challenge Corporation should use compensation specialists to help develop the guidance.

Questioned Cost:
$0
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Recommendation 2

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, require Millennium Challenge Account fiscal accountability plans to (1) explicitly define the roles and responsibilities for all those involved in the oversight process for Millennium Challenge Account key staff compensation decisions, and (2) address the role of compensation specialists and how and when the Millennium Challenge Accounts should use them.

Questioned Cost:
$0
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Recommendation 3

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, require Millennium Challenge Accounts to conduct and document periodic reviews to verify that those who have oversight responsibilities are fulfilling their duties.

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Recommendation 4

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, implement a training plan for Millennium Challenge Account officials with oversight responsibilities for compensation practices and decisions.

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Recommendation 5

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, implement an action plan to complete the hiring of key staff before compact implementation in accordance with its Guidelines for Accountable Entities and Implementation Structure

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Recommendation 6

We recommend that the Vice President of Compact Operations document a comprehensive, systematic approach to confirm that compact records, including key staff records, are retained at Millennium Challenge Corporation headquarters in compliance with its Policy and Procedures for Compact-Related Federal Recordkeeping.

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Recommendation 7

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, designate a Millennium Challenge Corporation employee to be responsible for overseeing Millennium Challenge Account compensation.

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Recommendation 8

We recommend that the Millennium Challenge Corporation's Vice President, Department of Compact Operations, implement a systematic method of sharing information about Millennium Challenge Account staffing and compensation materials, tools, and approaches among headquarters and Millennium Challenge Account employees.

Questioned Cost:
$0
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