The next time a winger is honest will be the first time, and that person will no longer be qualified to be a winger.
Study: Public employees better-educated, more skilled, earn less
Thursday, April 29, 2010 at 8:00 AM by Laura Northrup in State Employees
Are workers in the public sector really overpaid and too comfy for their own good? According to a new study from the Center for State and Local Government Excellence and National Institute on Retirement Security, not really. Analysis of Bureau of Labor Statistics data showed that state and local government employees are generally better-educated than their counterparts working in the private sector, but earn less overall, even including benefits such as health care and pension plans.
From the study:
Public and private workforces differ in important ways. For instance, jobs in the public sector require much more education on average than those in the private sector. Employees in state and local sectors are twice as likely as their private sector counterparts to have a college or advanced degree.
Wages and salaries of state and local employees are lower than those for private sector workers with comparable earnings determinants (e.g., education). State employees typically earn 11 percent less; local workers earn 12 percent less.
Over the last 20 years, the earnings for state and local employees have generally declined relative to comparable private sector employees. The pattern of declining relative compensation remains true in most of the large states we examined, although some state-level variation exists.
Benefits (e.g., pensions) comprise a greater share of employee compensation in the public sector. State and local employees have lower total compensation than their private sector counterparts. On average, total compensation is 6.8 percent lower for state employees and 7.4 percent lower for local workers, compared with comparable private sector employees.
The study predicts future difficulty recruiting new public servants as the economy recovers and the private sector beckons. Does this seem plausible in New York?
Looking to read the entire study? Read it here.
blog.timesunion.com
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To return to a previous topic, here's another argument, this one from Ezra Klein, that (a) public employees don't make more than private employees, but (b) we all have a stake in public employees being better paid.
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Public employees don't make more than private employees
There seems to be a lot of jealousy toward public employees out there, most of it powered by an impression that public employees get more money for less work. But via Kevin Drum comes this table from the Economic Policy Institute, which suggests that this just isn't true
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