Want to get rich? Work for feds

#1
MystifyingVol

MystifyingVol

Gruden is contagious!
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Sep 18, 2007
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#1
Just another reason why one shouldn't trust the government with our tax dollars. How is it that the parasite/looter class is making more than the productive members of society?

If you want to get really pissed, read this article: Want to get rich? Work for feds | Washington Examiner

We have truly lost our country. I'm sure LG will be along shortly to defend this.

From a CATO Institute article:

saupload_federal_wages.jpg
 
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#2
#2
sadly this same problem exists at the state and local level. we'll be greece in a 10 years if this continues.
 
#3
#3
The chart is a little misleading. The Federal Civilian compensation doesn't factor in all of the unemployed receiving the free "Obama dollars" which would bring the average down.
 
#4
#4
kind of sad when you realize that the people in the government who actually earn the money they work for, the military, are paid less than their civilian counterparts
 
#5
#5
I find it a bit funny because I had a hard time justifying moving to DC for the salary compared to other opportunities I had in my job hunt last fall. Both of the job opportunities I had in DC were very interesting, very rewarding government positions, but they had to be for me to consider them because the salary couldn't compete with other opportunities when considering cost of living. Ended up not going with DC and going with an opportunity closer to the wife's family...
 
#6
#6
TennTradition said:
I find it a bit funny because I had a hard time justifying moving to DC for the salary compared to other opportunities I had in my job hunt last fall. Both of the job opportunities I had in DC were very interesting, very rewarding government positions, but they had to be for me to consider them because the salary couldn't compete with other opportunities when considering cost of living. Ended up not going with DC and going with an opportunity closer to the wife's family...
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I played that same game several times last year during a job search. Ended up going with the higher quality of living and staying close to home.
 
#7
#7
Not sure about this. I contemplated working for the Dept. Of Nat. Resources in Baton Rouge this year....but my salary would have been 1/3 of what I eventually got in the private sector. Pretty much true of all the government jobs I investigated....including Alaska, which has a very high cost of living.
 
#8
#8
TennTradition said:
I find it a bit funny because I had a hard time justifying moving to DC for the salary compared to other opportunities I had in my job hunt last fall. Both of the job opportunities I had in DC were very interesting, very rewarding government positions, but they had to be for me to consider them because the salary couldn't compete with other opportunities when considering cost of living. Ended up not going with DC and going with an opportunity closer to the wife's family...
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Yes but based on your education you will command well above the average US salary.

In general, Fed jobs are better pay/benefit wise than average private sector jobs.

For those that can earn high salaries, the private sector will be a better choice but Fed jobs are very lucrative for most others.
 
#9
#9
overseasorange2 said:
Not sure about this. I contemplated working for the Dept. Of Nat. Resources in Baton Rouge this year....but my salary would have been 1/3 of what I eventually got in the private sector. Pretty much true of all the government jobs I investigated....including Alaska, which has a very high cost of living.
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"Average" is different than "always." The data shows on average federal pay greatly exceeds its private counterpart. It does not say it always does so.
 
#10
#10
I guess we proletariat have a hard time seeing rich. No you will never be "rich" working for the government. Yes i agree fed workers can do better than workers in similar jobs in private sector. But Rich is a word you have to visit certain areas or neighbourhoods to grasp. I guess its just all relative.
 
#11
#11
Nash270 said:
I guess we proletariat have a hard time seeing rich. No you will never be "rich" working for the government. Yes i agree fed workers can do better than workers in similar jobs in private sector. But Rich is a word you have to visit certain areas or neighbourhoods to grasp. I guess its just all relative.
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I didn't think it was relative at all. I thought "rich" was just those making 200K or more per year. At least that's what I've been told lately. :crazy:
 
#14
#14
My experience has been private sector pays more than government work, but that is MY experience. If I had a different education or chose a different field it may be the other way around.
 
#15
#15
paul1454 said:
I didn't think it was relative at all. I thought "rich" was just those making 200K or more per year. At least that's what I've been told lately. :crazy:
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In san Francisco 50% of govt workers make over 100k a year. and that doesn't include pension and health benefits
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#16
#16
I was speaking with one of the Accounting professors at UT last week about the job market and he told me that one girl out of the Masters' program is going to work for the FBI and her starting salary will be close to double what anyone in a Big 4 accounting firm would be making starting out.

Granted her potential growth is salary is lower than theirs, but that is kind of ridiculous.
 
#17
#17
As long as there is money, there will be greed. As long there is government, there will be corruption. Nothing will ever change this, unfortunatley.
 
#18
#18
rjd970 said:
My experience has been private sector pays more than government work, but that is MY experience. If I had a different education or chose a different field it may be the other way around.
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it unquestionably pays far more for low skilled jobs. no comparison. for high skilled jobs it's probably about the same in california if you exclude benefits.
 
#19
#19
droski said:
it unquestionably pays far more for low skilled jobs. no comparison. for high skilled jobs it's probably about the same in california if you exclude benefits.
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It is a little different here in the south, from my experience. Private industry contractors make considerably more in this area. With the direction that this administration is taking as far as insourcing, it has caused a problem with contractors and getting them to take government positions due to how much money they will lose. Most of the contractors that I work with in my office make above the top out rate of the GS pay scale.
 
#20
#20
I found that the government positions for 'skilled' jobs is lower that the private sector equivalent in most regions. But, that's for fairly specific positions that the private sector tend to compensate relatively well for. I'm not sure about the comparison of benefits packages....depends on the sector. I'm an engineer, and I see a big difference from government to chemicals to oil, etc.
 
#21
#21
TennTradition said:
I found that the government positions for 'skilled' jobs is lower that the private sector equivalent in most regions. But, that's for fairly specific positions that the private sector tend to compensate relatively well for. I'm not sure about the comparison of benefits packages....depends on the sector. I'm an engineer, and I see a big difference from government to chemicals to oil, etc.
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Yep. In my area at least, the pay is better with private industry, but the benefits (specifically HC and retirement) tends to be much better with the government. It's a tradeoff, I've found I don't need the HC package the government offers and I can probably do better with my retirement if I just get the money and do it myself.

The only way I would ever take a government position in my field is after I retire and I just want something to do during the day.
 
#22
#22
i recently got offered a public job that paid slightly less than what i am currently making but had 75% of your final years salary in retirement and where you'd work only 40 hours a week. i basically turned it down because i couldn't live with myself working for the gov't and milking the taxpayer.
 
#23
#23
droski said:
i recently got offered a public job that paid slightly less than what i am currently making but had 75% of your final years salary in retirement and where you'd work only 40 hours a week. i basically turned it down because i couldn't live with myself working for the gov't and milking the taxpayer.
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Broad brush your using there....
 
#24
#24
I came across some fairly nice retirement packages at a private sector company or two (internal "pension" at one, retirement account at another, in addition to their 401k, for example) and some decent ones at others (smaller supplementary retirement accounts), but the 40 hours a week argument is something that is unique to public sector work. If we are talking rich as in $/hour worked or if you plan on capitalizing on those additional hours, their is more (or potential for more) earnings.
 
#25
#25
TennTradition said:
I came across some fairly nice retirement packages at a private sector company or two (internal "pension" at one, retirement account at another, in addition to their 401k, for example) and some decent ones at others (smaller supplementary retirement accounts), but the 40 hours a week argument is something that is unique to public sector work. If we are talking rich as in $/hour worked or if you plan on capitalizing on those additional hours, their is more (or potential for more) earnings.
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but those pension plans are an accounting stroke, merger or bankruptcy from kaput.

When I was in grad school the FBI's white collar crime unit recruited pretty hard there and the pay packages were very competitive on the front end, but no way they could keep up long term. The way they dealt with that was retirement packages that are strong and you know they're worth the paper they're printed on. They were clear on the front end that 40 hours wasn't what they were looking for, however.
 
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