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  • theatlantic:

Are Most Federal Workers Overpaid? CBO Says Yes

The less educated you are, the better it is to work for the federal government — at least when it comes to your paycheck.
That’s more or less the finding of a new study by the Congressional Budget Office, which compared federal workforce compensation to the private sector using data from 2005 through 2010. The big headline figures, sure to make the rounds in conservative media, are that government employees made 2% more in wages, and 16% more in overall compensation, than their private sector counterparts. But as the graph below shows, there were vast variations between education levels. Read more.
[Image: Congressional Budget Office]



Saying that they’re overpaid is quite a normative assumption.

    theatlantic:

    Are Most Federal Workers Overpaid? CBO Says Yes

    The less educated you are, the better it is to work for the federal government — at least when it comes to your paycheck.

    That’s more or less the finding of a new study by the Congressional Budget Office, which compared federal workforce compensation to the private sector using data from 2005 through 2010. The big headline figures, sure to make the rounds in conservative media, are that government employees made 2% more in wages, and 16% more in overall compensation, than their private sector counterparts. But as the graph below shows, there were vast variations between education levels. Read more.

    [Image: Congressional Budget Office]


    Saying that they’re overpaid is quite a normative assumption.

    Tagged: economics government wages

    Posted on January 31, 2012 via The Atlantic with 90 notes

    Source: The Atlantic

    1. blood0pressuremonitorreviews reblogged this from theatlantic
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    7. mcgaber reblogged this from theatlantic and added:
      My sister excluded. She’s pretty darn smart.
    8. fercereal liked this
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    10. doanster reblogged this from theatlantic
    11. movelightly liked this
    12. amillionscreams said: This is a lazy headline. “Overpaid” would, to me, mean they are compensated too highly relative to their responsibilities/education, not that they are simply paid more than non-public workers in comparable fields. As it reads, it’s a value judgment.
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