Tuesday, January 31, 2012

Federal government workers make 16% more on average than comparable private sector workers, CBO, Jan 2012

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Jan. 2012, "Comparing the Compensation of Federal and Private-Sector Employees," Congressional Budget Office

"This analysis focuses on wages, benefits, and total compensation between 2005 and 2010."

"Total Compensation...
  • Federal civilian employees with no more than a high school education averaged 36 percent higher total compensation than similar private-sector employees.
  • Federal workers whose education culminated in a bachelor's degree averaged 15 percent higher total compensation than their private-sector counterparts.
  • Federal employees with a professional degree or doctorate received 18 percent lower total compensation than their private-sector counterparts, on average.

Overall, the federal government paid 16 percent more in total compensation than it would have if average compensation had been comparable with that in the private sector, after accounting for certain observable characteristics of workers."...

Wages: "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."...

Benefits:
  • "Average benefits for federal workers with no more than a high school diploma were 72 percent higher than for their private-sector counterparts.
  • 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."...

via 1/31/12, "Federal Workers Earning More Than Those Paying Their Salaries," Daniel Horowitz, RedState.com

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