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The four year figure they give you about promotion is a median figure, as many people from FS get promoted before it as after. It all depends on you - if you can demonstrate that you meet the criteria for promotion when a slot opens based on your portfolio of work then it can happen in 2 years or perhaps less (my boss had been promoted in two years).
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You do have a say in your placements (especially as you get experienced). I am in the GSS so I have longer placements, but, something they encourage throughout FS is for you to use your own networks to identify your own placement/secondment opportunities. In this way you can shape your own career. Even if you haven't found a placement yourself, you will have input when you are being moved. They know you aren't robots and they try to honour your location preferences when possible. I have spoken to a few current fast streamers and they all reported that they have had a big input in their postings and have had the chance to undertake short duration placements within their postings (e.g. working in their department minister's private office for a week) to enhance their skills and development.
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Your pay isn't static while at HEO/SEO (fast stream) grades. There are annual spine point increases in pay and room to move up within the grade without changing grade. Also, you can start on higher than the FS base-pay from the start if you have relevant vocational experience or a relevant post graduate qualification (although this might be scheme/department specific info).
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Fast stream is an accelerated promotion scheme, you get real responsibility very early. The role I will be starting will give me a large amount of responsibility straight away - a scary amount if I am being honest (but if I do it well it will be very impressive on my CV)!
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Training is at the centre of the FS. My boss made it really clear that I have the freedom to identify and act upon my training needs. I have never encountered a scheme that is as training and development focused as FS.
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Ultimately the FS will be what you make of it. It isn't the best renumeration (but it is above average), however in my opinion the skills you will develop and the experiences you will have are second to none. I think you need to have a passion for public service, be open minded and willing to work in areas you never expected you would. Another thing the current fast streamers I have met said is that a placement can seem really unappealing on paper (based on their own prejudices) but ends up being amazing in practice.
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