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<blockquote data-quote="Old Man Jingles" data-source="post: 3911878" data-attributes="member: 18222"><p><em><span style="color: #ff4d4d">I didn't bother to read your link all the way through but it starts off like this:</span></em></p><p><em><span style="color: #ff4d4d">Federal employee salaries on average lag behind those of similar private-sector workers by just under 32 percent, a pay advisory council has said, while also deciding to reassess how it annually reaches similar conclusions</span><span style="color: #ff0000">, </span><strong><span style="color: rgb(255, 0, 0)">which are at odds with the findings of other pay comparisons.</span></strong></em></p><p>I happen to have kept track of public versus private sector after a college professor encouraged us in 1973.</p><p>The public sector, on average, provides higher compensation than does the private sector.</p><p></p><p><strong><span style="font-size: 18px"><a href="https://www.govexec.com/pay-benefits/2017/04/overall-public-private-sector-compensation-gap-has-widened-cbo-finds/137324/" target="_blank">Overall Public-Private Sector Compensation Gap Has Widened, CBO Finds</a></span></strong></p><p>Overall, total compensation for federal workers was 17 percent higher, on average, than for comparable workers in the private sector during 2011-2015, CBO found. It was 16 percent higher for the period of 2005-2010, the budget office <a href="http://www.govexec.com/pay-benefits/2012/01/pay-benefits-worse-highly-educated-feds-private-sector-peers/41032/" target="_blank">found in its earlier study</a>.</p><p></p><p>The cost of providing benefits for federal civilian workers from 2011-2015 was estimated to be 47 percent higher on average than for comparable private sector employees. CBO said the biggest factor in the difference in the cost of benefits was that much of the federal workforce still falls under systems that include a defined benefit pension, a concept that has largely disappeared in the private sector. And due to the uncertain nature of future costs of pension plans, cost differences in the realm of benefits are “difficult to quantify,” analysts said in their latest report.</p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 3911878, member: 18222"] [I][COLOR=#ff4d4d]I didn't bother to read your link all the way through but it starts off like this: Federal employee salaries on average lag behind those of similar private-sector workers by just under 32 percent, a pay advisory council has said, while also deciding to reassess how it annually reaches similar conclusions[/COLOR][COLOR=#ff0000], [/COLOR][B][COLOR=rgb(255, 0, 0)]which are at odds with the findings of other pay comparisons.[/COLOR][/B][/I] I happen to have kept track of public versus private sector after a college professor encouraged us in 1973. The public sector, on average, provides higher compensation than does the private sector. [B][SIZE=5][URL='https://www.govexec.com/pay-benefits/2017/04/overall-public-private-sector-compensation-gap-has-widened-cbo-finds/137324/']Overall Public-Private Sector Compensation Gap Has Widened, CBO Finds[/URL][/SIZE][/B] Overall, total compensation for federal workers was 17 percent higher, on average, than for comparable workers in the private sector during 2011-2015, CBO found. It was 16 percent higher for the period of 2005-2010, the budget office [URL='http://www.govexec.com/pay-benefits/2012/01/pay-benefits-worse-highly-educated-feds-private-sector-peers/41032/']found in its earlier study[/URL]. The cost of providing benefits for federal civilian workers from 2011-2015 was estimated to be 47 percent higher on average than for comparable private sector employees. CBO said the biggest factor in the difference in the cost of benefits was that much of the federal workforce still falls under systems that include a defined benefit pension, a concept that has largely disappeared in the private sector. And due to the uncertain nature of future costs of pension plans, cost differences in the realm of benefits are “difficult to quantify,” analysts said in their latest report. [/QUOTE]
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