|
|||||||||||||||||||
|
Related Topics NYT on Public Sector Pay
http://www.futureofcapitalism.com/2011/01/nyt-on-public-sector-pay
Sunday's New York Times carried a front-page news article, focusing on New Jersey, on the differences between public-sector and private-sector pay. The Times wrote:
While the Times article is full of hyperlinks, it included none for that Manhattan Institute study. For those who are interested, it is here. (It's perhaps worth mentioning that the Manhattan Institute fellow who wrote the study is himself a government-employed teacher, at the University of Colorado.) Don't blame the Manhattan Institute fellow, though; the Manhattan Institute study itself notes that "Importantly, the survey only reports take-home salaries and thus does not reflect the value of benefits such as health care and retirement, which are much higher for public school teachers than for most professionals in New Jersey's private sector. Thus, the comparisons shown in this paper likely undercount (perhaps dramatically) overall teacher compensation relative to other workers." The Times doesn't mention that. The Times asserts that "A raft of recent studies found that public salaries, even with benefits included, are equivalent to or lag slightly behind those of private sector workers." It doesn't link to or specifically cite any such studies other than the Manhattan Institute one. But here are some studies the Times doesn't mention that found different results from what the Times asserts:
Chris Edwards of the Cato Institute responds to some of the critics here. At the very bottom, 1400 words into a 1500-word article, the Times acknowledges, "The sense that public workers enjoy certain advantages is not a mirage. Public employees pay into their pension funds, but health benefits often come at a fraction of the cost of most private sector packages. Government employment also tends to be more secure." The language about the "raft of recent studies" is much higher up in the article, about 400 words in. Thanks to reader-participant-community member-watchdog-content co-creator C. for sending the tip. by Ira Stoll | Jan 3, 2011 at 11:56 am Related Topics: Compensation, Education, Non-Profits receive the latest by email: subscribe to the free futureofcapitalism.com mailing list Reader comments on this item
Comment on this item |
Subscribe to the Mailing List ADVERTISEMENT For your Las Vegas Travel needs visit Best of Vegas. For the best prices on Orlando Theme Parks visit Best of Orlando. Most Mailed |
||||||||||||||||||
|
© 2012 FutureOfCapitalism, LLC. home | archives | about | mailing list | how to help | FoC @ facebook | FoC @ twitter | terms of use | privacy policy |
|||||||||||||||||||