Government Jobs Pay More

http://www.futureofcapitalism.com/2010/05/government-jobs-pay-more

One of the themes we've been harping on around here is that government jobs often pay more than private sector jobs. The New York Times today carries an op-ed piece by money manager David Einhorn that makes this point: "Public sector jobs used to offer greater job security but lower pay. Not anymore. In 2008, according to the Cato Institute, the average federal civilian salary with benefits was $119,982, compared with $59,909 for the average private sector worker; the disparity has grown enormously over the last decade."

by Editor  |  May 27, 2010 at 10:10 am Related Topics:  Compensation, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list