Tuesday, March 22, 2011

Meet The Boss

Federal pay ahead of private industry - USATODAY.com: "Federal employees earn higher average salaries than private-sector workers in more than eight out of 10 occupations, a USA TODAY analysis of federal data finds.
Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector.

Overall, federal workers earned an average salary of $67,691 in 2008 for occupations that exist both in government and the private sector, according to Bureau of Labor Statistics data. The average pay for the same mix of jobs in the private sector was $60,046 in 2008, the most recent data available.

CHART: Federal salaries compared to private-sector
These salary figures do not include the value of health, pension and other benefits, which averaged $40,785 per federal employee in 2008 vs. $9,882 per private worker, according to the Bureau of Economic Analysis."
Let me do the math for you: Federal employee average wage and benefit package is $67,691 + $40,785 = $108,476 versus private employees at $60,046 + $9,882 = $69,928. That makes the average total pay package for Federal employees 55% higher than for private employees.

And did I forget to mention that the AVERAGE total compensation package for those poor Milwaukee teachers Scott Walker is oppressing so is $101,000? Hardly seems a surprise after the forgoing does it?