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Federal Employees Earn 30 to 40 Percent More than Private-Sector Workers, Study Finds
Posted By admin On August 10, 2010 @ 9:44 am In Money Watch | Comments Disabled
CNS News 
Aug 10, 2010
Federal employees earn 30 to 40 percent more money than their private sector counterparts on average, a study from the conservative Heritage Foundation finds. These pay discrepancies persist despite the recession, unlike the situation in the private sector, where unemployment is 9.5 percent and wages have steadily declined.
The report  comes on the heels of a new unemployment numbers showing another month of anemic job growth in the midst of President Obama’s “Recovery Summer” tour, where he is highlighting what he calls signs of economic recovery.
Those still employed are better off working for the federal government, the Heritage report found, where they could earn salaries 22 percent higher than their privately employed peers and benefits that are far more generous than those in the private sector.
The report  found that in the private sector, wages are closely tied to productivity.
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URLs in this post:
 CNS News: http://www.cnsnews.com/news/article/70781
 report: http://www.heritage.org/Research/Reports/2010/07/Inflated-Federal-Pay-How-Americans-Are-Overtaxed-to-Overpay-the-Civil-Service
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