Saturday, February 4, 2012

Government:  Federal Pay vs. Private Sector Compensation

Less-educated federal workers make a bit more than their private-sector counterparts and receive more generous benefits. Workers with a complete or incomplete college education or a master's degree tend to make about the same amount, again with more generous benefits. But highly educated federal workers earn less than their peers in the private sector.

The Congressional Budget Office went further than some other studies in ensuring a comparison of apples to apples — controlling for a worker's education, years of experience, occupation, neighborhood, age, sex, ethnicity and immigration status, among other characteristics.

For more, see Federal Pay vs. Private Sector Compensation by Annie Lowrey, January 30, 2012 at Economix.

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