Comparison of Federal and Private Sector Pay and Benefits

Comparison of Federal and Private Sector Pay and Benefits
Author: United States. General Accounting Office
Publisher:
Total Pages: 32
Release: 1985
Genre: Employee fringe benefits
ISBN:

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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.

Federal Personnel: Federal/Private Sector Pay Comparisons

Federal Personnel: Federal/Private Sector Pay Comparisons
Author:
Publisher:
Total Pages: 85
Release: 1994
Genre:
ISBN:

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The federal government's official surveys of the pay-wages and salaries of federal and private sector employees have indicated that federal pay has lagged behind prevailing levels for comparable jobs in private enterprise and that the pay gap has grown over the last 2 decades. However, these official estimates of the pay gap have been subjected to criticism in both academic circles and in the media. Critics argue that the official methodology for performing pay comparisons is defective and that data from sources other than the official surveys, when analyzed using a different methodology, lead to a different conclusion-that federal pay levels are higher than prevailing levels for employees with comparable characteristics, such as education and work experience, in private enterprise. In view of these opposing conclusions, we identified two possible explanations for the discrepancy between official estimates of the federal private pay gap and those of the critics. We then performed a statistical analysis to determine the empirical significance of these explanations for estimates of the pay gap. Our analysis does not address whether and to what extent federal employees are under- or overpaid.

Federal Pay

Federal Pay
Author: United States. General Accounting Office
Publisher:
Total Pages: 80
Release: 1990
Genre: United States
ISBN:

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Federal Personnel

Federal Personnel
Author: DIANE Publishing Company
Publisher: DIANE Publishing
Total Pages: 90
Release: 1995-03
Genre: Business & Economics
ISBN: 9780788117725

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Federal Personnel

Federal Personnel
Author: United States. General Accounting Office
Publisher:
Total Pages: 88
Release: 1994
Genre: United States
ISBN:

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Comparing the Compensation of Federal and Private-Sector Employees

Comparing the Compensation of Federal and Private-Sector Employees
Author: Congressional Budget Office (U.S.) Staff
Publisher:
Total Pages: 26
Release: 2012-06-12
Genre:
ISBN: 9781477644362

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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.

Modernizing the Federal Government

Modernizing the Federal Government
Author: Silvia Montoya
Publisher: Rand Corporation
Total Pages: 55
Release: 2008-01-02
Genre: Political Science
ISBN: 0833044419

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In 2003, the Volcker Commission recommended that explicit pay-for-performance (PFP) systems be adopted more broadly throughout the federal government. In this occasional paper, the authors compare several proposals aimed at enhancing the role of such PFP schemes for federal civil servants, and examine the pros and cons of PFP schemes compared with seniority-based salary systems, as well as the proposals to change the General Schedule system.

Federal Pay

Federal Pay
Author:
Publisher:
Total Pages: 27
Release: 1987
Genre: Civil service
ISBN:

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