Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (577744)	7/24/2010 3:16:57 PM
From: Broken_Clock	Respond to of 1570515

Message 26707266

To: SilentZ who wrote (577744)	7/24/2010 4:45:28 PM
From: Broken_Clock	1 Recommendation Respond to of 1570515

>why would you want to pay more taxes for some fat assed gov't desk jockey to live off of??? "Because I don't have the same negative impression of government workers that you do." ++++++++++++++++ Premiums Higher in Federal Sector Compared to Private Sector From Christopher Prandoni This article appeared on Forbes.com on July 22, 2010 With government spending impelling huge deficits, budget hawks are looking for ways to reduce the government's burden on taxpayers. One avenue to reduce government expenditures is to bring federal employee compensation in line with those in the private sector. A recent study by the Heritage Foundation's James Sherk shows that workers in comparable fields and occupations are paid disproportionately more when employed by the federal government. Federal employees' hourly wages are 22% more than workers in the private sector. Aligning federal workers' compensation with market rates would save taxpayers $47 billion a year. When combining wages and total benefits, federal employees earn 30% to 40% more than private-sector workers. Full-time federal employees can take 13 paid sick days a year along with all 10 days of national holidays. The average federal civilian employee earns on average $32,115 a year in non-cash compensation compared to a private sector employee who earns three times less, $9,882 annually. Federal employees receive 22% more in employer payments toward their health care than their private sector counterparts. Read more: atr.org