Feel like you're not paid enough? Worry about losing your job? Wish you had better benefits? Ever think about quitting?If you answered "yes" to these questions, one thing is certain: You don't work for Uncle Sam.
That's because federal workers are much better off than private-sector workers in all the major markers of job satisfaction — salary, job security, benefits and job desirability. And it's costing taxpayers a bundle.
Start with the money. The average federal employee earns an annual salary almost 60% higher than the average private-sector employee — $79,000 vs. $50,000. Federal employees do have more education (on average) than private-sector workers. Their unions argue that this justifies their higher pay. But it doesn't. Even after controlling for education and experience, federal employees get paid significantly better — 22% more per hour, on average — than private-sector workers.
Not all federal workers earn above-market pay. The government bases raises on seniority, not performance, so the most skilled and hardest-working federal employees are actually underpaid. Overall, though, government workers earn well above what their private-sector counterparts make, even before you consider benefits.
Seriously, would you pay 22 percent more than your current wage for someone to mow your lawn and/or paint your house? Yet that is what we are expecting taxpayer's to do with government jobs.
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