Comparing The Compensation Of Federal And Private Sector Employees
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Comparing The Compensation Of Federal And Private Sector Employees
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Author : Justin Robert Falk
language : en
Publisher:
Release Date : 2012
Comparing The Compensation Of Federal And Private Sector Employees written by Justin Robert Falk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with United States categories.
Comparing The Compensation Of Federal And Private Sector Employees
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Author : Congressional Budget Office (U.S.) Staff
language : en
Publisher:
Release Date : 2012-06-12
Comparing The Compensation Of Federal And Private Sector Employees written by Congressional Budget Office (U.S.) Staff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-12 with categories.
Employees of the federal government and the private sector differ in ways that can affect compensation. Federal workers tend to be older, more educated, and more concentrated in professional occupations than private-sector workers. CBO's study compares federal civilian employees and private-sector employees with certain similar observable characteristics. Even among workers with similar observable characteristics, however, employees of the federal government and the private sector may differ in other attributes, such as motivation or effort, that are not easy to measure but that can matter a great deal for individuals' compensation. This analysis focuses on wages, benefits, and total compensation between 2005 and 2010.
Comparing The Compensation Of Federal And Private Sector Employees
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Author : Justin Falk
language : en
Publisher:
Release Date : 2012
Comparing The Compensation Of Federal And Private Sector Employees written by Justin Falk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with United States categories.
Comparing The Compensation Of Federal And Private Sector Employees 2011 To 2015
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Author : Justin Robert Falk
language : en
Publisher:
Release Date : 2017
Comparing The Compensation Of Federal And Private Sector Employees 2011 To 2015 written by Justin Robert Falk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Employee fringe benefits categories.
How does the compensation of federal civilian employees compare with that of employees in the private sector? The answer to that question is complicated by the fact that the federal and private-sector workforce differ in characteristics that can affect compensation, such as experience, education, and occupation. On the whole, federal workers tend to be older, more educated, and more concentrated in professional occupations than private-sector workers. To account for such differences, the Congressional Budget Office has used data for 2011 through 2015 reported by a sample of households and employers to estimate differences between the cost of wages and benefits for federal employees and the cost of wages and benefits for similar private-sector employees, defined as having a set of similar observable characteristics. Specifically, in its analysis, CBO sought to account for differences in individuals' level of education, years of work experience, occupation, size of employer, geographic location (region of the country and urban or rural location), veteran status, and various demographic characteristics (age, sex, race, ethnicity, marital status, immigration status, and citizenship). This report updates a 2012 CBO report that compared the compensation of federal and private-sector employees for the 2005-2010 period"--Summary.
Comparison Of Federal And Private Sector Pay And Benefits
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1985
Comparison Of Federal And Private Sector Pay And Benefits written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Employee fringe benefits categories.
Pursuant to a congressional request, GAO provided current information on private sector and federal white-collar employee compensation packages. By law, federal employees' salaries are set at a level equitable and comparable with similar levels of work in the private sector, unless the President proposes alternative federal pay rates. There is no such requirement for benefits comparability. GAO analyzed several pay and benefits comparability studies conducted by private and federal organizations, but did not independently validate the data contained in the studies. GAO noted that an independent study found that: (1) as of 1984, federal employees' total compensation averaged 7.2 percent less than that for private sector employees; and (2) in 1985, the difference increased to 9 percent or more because the federal pay increase for 1985 was limited to less than the average pay increase in the private sector. GAO found that: (1) frequent presidential use of alternative pay rates caused pay for federal employees to lag significantly behind that for private sector employees; (2) an 18.28 percent federal pay increase would be necessary to achieve federal pay comparability in 1985; (3) the federal retirement system is better than the average private sector system because it is worth more as a percentage of the average employee's pay, and federal retirement benefits are adjusted annually to offset consumer price increases; (4) private studies indicated that private sector employers generally pay a higher share of employee health insurance premiums than does the government; (5) private sector employee life insurance programs provide more basic coverage than the federal employee program, usually at no cost to the employee; (6) while federal employees generally receive one less holiday than private sector employees, this is offset by more generous federal annual leave benefits; and (7) federal sick leave lags behind the average private sector illness and disability income plan by 0.7 percent of pay.
Comparing Federal Salaries With Those In The Private Sector
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Author :
language : en
Publisher:
Release Date : 1998
Comparing Federal Salaries With Those In The Private Sector written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with United States categories.
Study Of Total Compensation In The Federal State And Private Sectors
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Author :
language : en
Publisher:
Release Date : 1984
Study Of Total Compensation In The Federal State And Private Sectors written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Civil service categories.
Comparing Compensation For Federal And Private Sector Workers
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Author : David H. Bradley
language : en
Publisher:
Release Date : 2012
Comparing Compensation For Federal And Private Sector Workers written by David H. Bradley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Civil service categories.
Federal Personnel
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Author : DIANE Publishing Company
language : en
Publisher: DIANE Publishing
Release Date : 1995-03
Federal Personnel written by DIANE Publishing Company and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-03 with Business & Economics categories.
Comparing Federal And Private Sector Wages Without Logs
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Author : Justin Falk
language : en
Publisher:
Release Date : 2014
Comparing Federal And Private Sector Wages Without Logs written by Justin Falk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
I use Current Population Survey data from 2005 through 2010 to compare the wages of federal employees and workers in the private sector who have similar observable characteristics. The distribution of wages differed drastically between the federal and private sectors. In particular, I find that federal employees with no more than a high school diploma earned 21% more, on average, than their private-sector counterparts, whereas those with a professional degree or doctorate earned 23% less. Overall, the average of federal wages was about 2% higher than the average wage of similar private-sector workers. Other researchers have found larger differences because they used log-linearized models, which result in comparisons of geometric means. I show that arithmetic means are more relevant in the context of the relationship between a government's compensation policy and its budget. The discrepancy between differences in arithmetic and geometric means occurs because the wages of federal employees were much less dispersed than those of employees with similar characteristics in the private sector.