In your opinion are Federal Workers over paid ?
Heritage Foundation labor expert James Sherk has just released a study analyzing data from the Bureau of Labor Statistics’ Current Population Survey for 2006 through 2009. He found that “the federal pay system gives the average federal employee hourly cash earnings 22 percent above the average private worker’s, controlling for observable skills and characteristics.” This translates to about $28.64 an hour for Uncle Sam’s workers versus $18.27 an hour for those in the private sector.
But it’s not simply better take-home pay. Federal workers also enjoy far better benefits. “The average private sector employer pays $9,882 per employee in annual benefits, while federal government pays an average of $32,115 per employee,” writes Sherk. When factoring in these non-cash benefits, which include the coveted Federal Employees Health Benefit Program, federal employees are earning approximately 30 to 40 percent more in total compensation.
This all adds up. Sherk found that if federal employee compensation mirrored that of their private sector counterparts, federal spending would be reduced by $47 billion in 2011 alone.
That’s right, that’s $47 billion in savings if federal workers were paid like those in the private sector.
In short, yes.
And then the un-exceptional private workers complain that the un-exceptional public workers get more than they deserve.
If the un-exceptional ones stopped transferring what little power they have to authority/government, maybe the system of insiders and outsiders a.k.a. haves and have nots, wouldn’t oppress them so much.
I applied at a Federal office for a pc support position. They would only offer $15 an hr when the commercial jobs were paying about $18/hr.
I’m a fed working in a white collar job. I am an auditor, I have worked for the SS, USPS, and the IRS auditing the company books. I make less money than I did as a CPA in the real world, but
my benefits are better and the job is secure.
If you are not a member of a trade union, govt work is not overpaid. Its just a good place to go
to work til retirement.