Overall, the federal government paid 2 percent more in total wages than it would have if average wages had been comparable with those in the private sector, after accounting for certain observable characteristics of workers.
A quick rundown:
High School Grads Go Work for the Government
- Federal civilian workers with no more than a high school education earned about 21 percent more, on average, than similar workers in the private sector.
Bachelors' Degree Federal Benefits Rock
- Average benefits for federal workers whose education ended in a bachelor's degree were 46 percent higher than for similar workers in the private sector.
- Federal employees with a professional degree or doctorate received 18 percent lower total compensation than their private-sector counterparts, on average.
On average, the benefits earned by federal civilian employees cost 48 percent more than the benefits earned by private-sector employees with certain similar observable characteristics.
Read more at: http://www.cbo.gov/doc.cfm?index=12696
I think it is hard to work in federal government, because it is to get there.. they just tell that it is so simple, and great money, I think that it is more harder..
ReplyDeleteTrue but not likely to continue. Forced reductions in funding will reduce the outrageous benefits enjoyed by public workers in the near future. Always look over the hill to see the future. High school graduates need at least two years of post HS training to be economically viable.
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