Monday, January 30, 2012

Different Pay for Same Job

Interesting.

The average federal worker earns about 2 percent more than a private sector worker in a comparable profession, though the government’s generous pension system means that overall compensation is significantly higher, a government study released Monday said.

Once pension and health benefits are factored in, the average federal worker reaps 16 percent more in total compensation than do private sector workers.

The Congressional Budget Office study said federal workers in lower-level jobs make more than private sector workers but that those with advanced degrees earn more in the private sector. Federal workers with a high school education or less earn about $4 more an hour than private sector employees in similar jobs.

(3) Comments
Posted by Owen at 1924 hrs
Politics + Politics - General

  1. “Once pension and health benefits are factored in”
    Thats kinda the problem. If you recieve a pension that gives you 40-50 thousand a year for life. I would need to save 1 million dollars and invest it in something that pays 4-5% a year to get the same yearly income.
    These goverment pensions are truely million dollar pensions.
    I don’t feel my taxes should be raised to give other people better retirement income than I will have.

    Posted by .(JavaScript must be enabled to view this email address) on January 31, 2012 at 0608 hrs


  2. One would reasonably put a value on federal employees’  extraordinary job security, as compared with what is typical for the private sector.

    “Federal employees’ job security is so great that workers in many agencies are more likely to die of natural causes than get laid off or fired ...”

    http://abcnews.go.com/Politics/federal-workers-die-lose-jobs/story?id=14107075

    Posted by .(JavaScript must be enabled to view this email address) on January 31, 2012 at 0842 hrs


  3. I really don’t understand why workers earn different amount for the same job. it’s nonsense to consider credentials for this matter.
    texas workers compensation

    Posted by .(JavaScript must be enabled to view this email address) on February 10, 2012 at 1217 hrs


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