Monday, May 7, 2012

It's Great to be a... Federal Worker

From the CATO Institute (2012):

During the last decade, compensation of federal employees rose much faster than compensation of private-sector employees. As a consequence, the average federal civilian worker now earns twice as much in wages and benefits as the average worker in the U.S. private sector. A recent job-to-job comparison found that federal workers earned higher wages than did private-sector workers in four-fifths of the occupations examined.
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In 2010, federal workers enjoyed average benefits of $42,462, which compared to average benefits in the U.S. private sector of just $10,771. That huge advantage stems both from more federal workers receiving certain types of benefits and from particular federal benefits being more lucrative than those available in the private sector.

Federal workers receive health insurance, retirement health benefits, a pension plan with inflation protection, and a retirement savings plan with a government match. They typically receive generous holiday and vacation schedules, flexible work hours, training options, incentive awards, generous disability benefits, and union protections.

From the CATO Institute (2009): 

It is true that there are some elite agencies in the government that need to have high compensation levels. But the bulk of the federal workforce is in sprawling bureaucracies such as the U.S. Department of Agriculture, which has a huge army of about 100,000 workers. The main job of USDA workers is to administer farm aid, food stamps, and other subsidy programs. That sort of paper-pushing work is not rocket science.

Avg. wages 2000 to 2010:


Avg. Total Compensation (includes benefits):


2008 Comparison of Federal Workers to Other Industries:


2000 to 2008 Growth:


Source: http://www.downsizinggovernment.org/overpaid-federal-workers
Source: http://www.cato-at-liberty.org/wall-street-big-oil-and-federal-workers/

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