For total, overall compensation for public sector employees is roughly twice private sector employees. An excerpt:
"Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available.
The federal compensation advantage has grown from $30,415 in 2000 to $61,998 last year."
This is interesting. A public sector job used to be low paying but the upside was you had job security. A private sector job used to be higher paying but has less security. Now, public sector workers have the best of both worlds. No wonder there are plenty of people looking to get into a good government job (the Bush Administration added about 90,000 additional federal employees). This is obvious and not new. But it bears repeating.
