Wednesday, September 09, 2009

Are Federal Jobs Worth $30,000 More Than Private Jobs?

I dunno, but they can be a good deal if you can get one.

Used to be, government jobs paid LESS than comparable civilian ones, balanced by lavish benefits. But now, it seems, gummint workers make A LOT MORE than comparable civilian workers, and STILL get the lavish benefits (including lush health care plans).

Is the average Federal employee worth $30,000 a year more than the typical worker in the real world?

(Chart from Clusterstock, taken from John Mauldin’s current weekly letter)

I certainly enjoyed my time at the Federal Trade Commission a couple of summers ago. It involved good work, talented people, a great location, with comfortable pay and benefits.

Here is the salary schedule for federal jobs in the DC area. Like I said, not a bad gig if you can get it.

More thoughts on this here.

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