Compensation gap between government and private workers widens

Posted by Lydia West

Benefits for government workers are on the rise despite the recession, and the gap between government worker benefits and private worker benefits continues to widen. According to USA Today, "For every $1-an-hour pay increase, public employees have gotten $1.17 in new benefits. Private workers have gotten just 58 cents in benefits for every $1 raise. The difference: Companies have ended most traditional pension plans and increased workers' share of health care costs. Government paid an average of $8,800 annually toward employee medical insurance. Private companies paid $4,100."

It might be time to jump into a government job. Get tips on how to do it in this PayScale article: "How to Get U.S. Government Jobs."

USA Today source: Benefits widen public, private workers' pay gap

Comments

[Joe]

The private sector is really struggling these days.