Download or read book Comparing the Compensation of Federal and Private Sector Employees written by Congressional Budget Office (U.S.) Staff and published by . This book was released on 2012-06-12 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Comparing the Compensation of Federal and Private sector Employees written by Justin Robert Falk and published by . This book was released on 2012 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comparison of Federal and Private Sector Pay and Benefits written by United States. General Accounting Office and published by . This book was released on 1985 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Comparing the Compensation of Federal and Private sector Employees 2011 to 2015 written by Justin Robert Falk and published by . This book was released on 2017 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the compensation of federal civilian employees compare with that of employees in the private sector? The answer to that question is complicated by the fact that the federal and private-sector workforce differ in characteristics that can affect compensation, such as experience, education, and occupation. On the whole, federal workers tend to be older, more educated, and more concentrated in professional occupations than private-sector workers. To account for such differences, the Congressional Budget Office has used data for 2011 through 2015 reported by a sample of households and employers to estimate differences between the cost of wages and benefits for federal employees and the cost of wages and benefits for similar private-sector employees, defined as having a set of similar observable characteristics. Specifically, in its analysis, CBO sought to account for differences in individuals' level of education, years of work experience, occupation, size of employer, geographic location (region of the country and urban or rural location), veteran status, and various demographic characteristics (age, sex, race, ethnicity, marital status, immigration status, and citizenship). This report updates a 2012 CBO report that compared the compensation of federal and private-sector employees for the 2005-2010 period"--Summary.
Download or read book Comparing Federal Salaries with Those in the Private Sector written by and published by . This book was released on 1998 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Study of Total Compensation in the Federal State and Private Sectors written by and published by . This book was released on 1984 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comparing the Compensation of Federal and Private sector Employees written by Justin Falk and published by . This book was released on 2012 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Staff Report of the President s Panel on Federal Compensation written by United States. President's Panel on Federal Compensation and published by . This book was released on 1976 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal employee compensation written by United States. Congress. House. Committee on Oversight and Government Reform and published by . This book was released on 2017 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report to the President of the President s Panel on Federal Compensation written by United States. President's Panel on Federal Compensation and published by . This book was released on 1975 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Salaries of Federal Employees written by United States. Congress. Senate. Committee on Post Office and Civil Service. Subcommittee on Federal Employees Compensation and published by . This book was released on 1957 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers (85) S. 27, (85) S. 734, (85) S. 1326.
Download or read book Comparing Compensation for Federal and Private sector Workers written by David H. Bradley and published by . This book was released on 2012 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Workers written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-03 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: " A careful consideration of federal pay is an essential part of fiscal stewardship and is necessary to support the recruitment and retention of a competent, successful workforce. Recent studies comparing the compensation of federal workers to workers in other sectors have produced varying findings. To improve understanding of federal pay setting, GAO was asked to examine (1) how annual pay adjustments for the GS system are determined; (2) the extent to which the pay increases and awards available to GS employees recognize individual performance, and how the Office of Personnel Management (OPM) provides oversight of pay increases and awards; and (3) how selected studies compare federal and private pay and total compensation and the factors that may account for the different findings. GAO reviewed legislation, OPM regulations, executive orders, and federal agency documents; analyzed OPM data; and interviewed agency officials. GAO reviewed six studies that met three criteria: issuance since 2005, original analysis, and focus on federal and private sector compensation. GAO compared and contrasted the differences between their approaches, methodologies, and data sources, and interviewed the studies' authors, people with expertise in compensation issues, and agency officials responsible for the data. GAO provided drafts to agencies and study authors for review and comment and made technical changes as appropriate"
Download or read book Federal Personnel Federal Private Sector Pay Comparisons written by and published by . This book was released on 1994 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Comparative Growth in Compensation for Postal and Other Federal Employees Since 1970 written by United States. General Accounting Office and published by . This book was released on 1979 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Personnel written by United States. General Accounting Office and published by . This book was released on 1994 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Personnel written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-03 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
