Does the General Schedule pay scale for government employees affect the private sector?
That is; does it influence what the private sector pays for equivalent positions?
- pznbobLv 59 years agoFavorite Answer
No, the private sector pays what the market will bear. Public sector jobs should be indexed to that number, but the federal worker makes about double what a comparable private sector employee does, and they do a lot less work & are not held nearly as accountable. They get many benefits that most private sector workers don't get, and that should be included in calculations of compensation.
Public sector jobs have been used to create voting blocks recently, and that has cause huge problems in budgets. Extreme excesses in public sector compensation is about to being many states down into a bankrupt condition, and over time it just gets worse. The politicians who used this destructive means to gain support & campaign contributions should be prosecuted for failure to fulfill a fiduciary responsibility to those they govern. The ones bribed with such excess should be fined & a claw back should be accomplished to fix the wrongs perpetrated on the public.
- teaganLv 69 years ago
Government employees positions and benefits are paid for by we the tax payers- so whatever they can suck out of taxes is allocated for those positions. Private sector jobs are paid for by the companies ability to afford the cost of hours and benefits combined. Private sector jobs have done away with the pension plans the government still gives due to the fact that they can not afford to pay benefits out like that over years and years.
- Anonymous9 years ago
It leaves less money to pay for private sector jobs.
Government employees are paid twice that of private sector with huge fat pensions to boot while the private sector goes without.
- BrianLv 79 years ago
Not really. The private sector can't afford the salaries and benefits afforded to government employees..
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- BarbwiredLv 79 years ago
No. The private sector can't print money to pay for employees.
- Anonymous9 years ago
Actually, the jobs at the government level are looked at in the areas they are in, and supposedly we are paid comparably.