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Citigroup Inc., one of the banks that still remains in debt and on federal bailout terms, has announced plans to adjust the way in which many of its employees are compensated. With federal restrictions on bonus pay, the company is increasing salary for many of its workers, which they say will keep employees earning about what they did in 2008, though it will affect some employees differently than others - according to a New York Times report some will receive actual raises of up to 50% as a consequence of the changes. The affected employees include traders and middle to low level managers. The top 100 earners at the company are not included in the changes, as they are subject to closer oversight and management by the new federal manager, Kenneth Feinberg. It is likely that Citi also hopes to retain employees with the new compensation plan, as banks like JP Morgan and Goldman Sachs who have repaid their debt, are able to offer enticing employment packages.