It’s biting the hand that feeds. When Barack Obama was running for President, he received incredible support from union groups (as do all Democrats) in the form of money, volunteers, and votes. Now, Obama is repaying his union overlords by… freezing their pay? President Obama has announced plans to freeze wages for federal employees for up to two years in an attempt to trim the federal budget. Cue the debate on whether or not federal government employees make too much money.
According to certain numbers from the CATO Institute, the average federal employee makes $81,258 per year, versus a paltry $50,462 in the private sector. When you compare the jobs by category, federal employees make more than private employees in nearly 83 percent of all cases. The exceptions are industries like software engineering and other tech jobs, where employees earn greater (and more flexible) pay in the private world. That’s not counting other forms of compensation federal employees get, like retirement funds and health insurance.
The benefits are what keep people in government jobs in a lot of places. Granted, the pay is much higher for federal work in a lot of the poorer areas of the country, but those benefits are the golden ticket. A good health care system and a retirement system that won’t go broke! That benefits package makes up for what federal employees may or may not make in terms of raw salary.
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