Dreams really do come true ... for government workers supported by your tax dollars.
The Heritage Foundation released a paper analyzing data from 2006 to 2009 on federal employee compensation. Compare this to your compensation and benefits. Federal employees:
- Average 22 percent more per hour
- Get both defined contribution pension benefits and thrift saving plan
- Can retire at age 56 with full benefits after 30 years
- Get benefits are worth $32,115 versus the private-sector average of $9,882
- Get job security with unemployment going from 2 percent to 2.9 percent while the private-sector climbed from 4.2 percent to 10.6 percent
- Leave their jobs at one-third the rate of private-sector
- Pay is set by Congress under a wage-fixing pay scale based on seniority, not performance
There you have it - big government, big pay, big benefits and no accountability for performance. Wow.
We should all be so lucky. But we aren't. The federal compensation approach must end now before each one of us has to support two government workers. They're getting way too heavy to carry anymore.
Saturday, July 10, 2010
The federal employee dream: Big pay, little accountability
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4 comments:
This federal information has not been shared with taxpayers. The postman is a federal employee and just look at their high standard of living compared to average private employee. It's absolutely rediculous how much they get paid for carrying out rather anemic duties and responsibilities. There ought to be a federal law requiring annual reports to media---required to publish them---as to how much each federal employee makes annually, paid for by federal government. After all, it's our money and we have a right to know!
Remember past Ky law requiring publication of teacher salaries? However, that got changed quietly over the years.
It could be today's law permits local press to publish at their own expense but this requirment was enought for local media to lose interest in publishing---which is a shame.
What the Heritage Foundation, and you, fail to point out is that the pay of private sector CEOs is substantially higher than their government employee counterparts.
And need I mention the Golden Parachute Awards? The public sector has nothing even equivalent to that.
If private sector CEOs were paid what the public sector counterparts were paid, then private sector employees would receive substantially higher wages and benefits.
Suppose for example that an insurance CEO made as much as his state counterpart the insurance commissioner. Healthcare costs would tumble, and private sector insurance companies wouldn't be continually harassing health care providers and patients for additional information so that Big Insurance can forestall paying the bill and hopefully to them, canceling the policy and that the patient should die.
Wasn't that one of the Republican's health care solutions? Just let the old folks die? It fits right in with your feudalistic agenda.
Private company CEOs have their job on the line every day. They also have specific goals to achieve within a specific time. Private companies have to compete to stay in business and base salaries and benefits accordingly. None of the above is true for public sector managers, employees or organizations.
You must tell yourself the private sector has COMPETITION and can't just pay whatever. Government folks and union folks just can't seem to get that simple fact.
I believe it was the Democrats that rammed through Obamacare, not Republicans. I believe it is the Democrats that cut medicare benefits and just put in the new medicare head that is proud of rationing and determining who will live and who will die.
The public sector golden parachutes are different - early retirement, rich pensions, rich healthcare, 2nd double dipping careers and again no risk. No risk and no stress don't correlate in organizations that have to earn every dollar instead of print them or take them.
If a private sector CEO would have written and approved a bill like health care without reading it, understanding it, analyzing the impact of it and determining its impact in conjunction with all other expected financial and market changes, that CEO would have been fired for negligence. Congress probably would have held hearings because of private sector people losing their jobs, losing their pensions and losing their future.
Just where or where is a similar standard applied to any of the pubic sectors folks that rammed Obamacare down our throats??
Where is the accountability for Medicare, Post Office, Fanny, Freddie, earmarks, failing public schools, unfunded mandates, not protecting our borders, lying to the public, ...??
What a double standard!
Anon, your whole first paragraph is an argument for single payer public health care.
It doesn't seem to bother you that these CEOs (feudal lords of the manor) have on the line when they're willing to sacrifice the lives of the serfs to increase profits.
Insurance is nothing more than money replacement. Insurance companies have nothing more to do than collect premiums and pay out benefits to health care providers.
If they suspect fraud, they should report that. Under the new health care bill a grievance procedure is set up. They can grieve that or report it as a suspected abuse of health insurance.
You failed to mention that CEO specific goals are to gouge health care providers about the services they provide and put additional burden on patients to tell what symptoms they had on a given day. You probably can't even tell what aches or pains you had yesterday much less two week, two months ago, etc., ad infinitum, ad nauseam.
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