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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> education level

Federal workers earn more than private sector peers

Posted by RJ and Makay on Feb 01, 2012

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Federal employeesFederal workers on average earn about 2% more than private sector workers in a similar position, according to a new Congressional Budget Office (CBO) study.  The CBO study found that federal employees earned 16% more in total compensation (pay and benefits) as compared to workers in private companies.  The study was in stark contrast to progressive policy shops that claim government workers make less money than their counterparts in the private sector.