Monday, August 23, 2010
Federal Workers Are Making Double That Those In The Private Sector
And they get far better benefits and pensions. Most of them are lazy, complain a lot and most of the jobs are allocated such as CalTrans and that's why you see most of them standing around. If they finish the job before it's due (say they got 2 weeks to repave 2 blocks of road), they loose the bonus and don;t get paid for the full 2 weeks of the job. How do I know this? My cousin and a few of his friends used to work for CalTrans. They were hard working guys and were told by the supervisor to stop because they were "working too fast".
This is unsustainable folks - there is no way this can continue. In California there are over 10,000 retired State Workers who make over $100,000 in retirement pay. And to make things worse - what do they really do? Where is the profit motive or the business incentive here. Many of them can not even tell you what they do - they may have a title but as far as productive work. The bottom line is we have created an elite ruling class that is completely oblivious to the economic realities that most Americans face on a daily basis.
Not to mention in California, they have to take furlough days because of the budget problem and they still complain on the pay. My stepdad's sister, she retired at 50 from CalPeers and makes bank on retirement. Crazy stuff. I need to find an opening in the county or state. Screw this.
Another reason why Unions are one of my top 3 reasons why the country is tanking. The other two? Political Correctness and Outsourcing.
At a time when workers' pay and benefits have stagnated, federal employees' average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds. Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private workers has doubled in the past decade. Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available. The federal compensation advantage has grown from $30,415 in 2000 to $61,998 last year.
Read the rest of the story here.