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Federal wages are reduced!

Haha, government workers really have no clue. Most of them are still worrying about their regular God-given raises, oblivious to their neighbors who may very well have just lost 100% of their wage.

EDIT: I'm actually referring to the only teachers I've spoken to over this mess. They have no idea how the economy works, they couldn't care less about their paymasters (us).
 
Fed. Gov gets weak raises in any economy. It stinks.

I don't know why you guys bash them, I wouldn't want my raise cut.

I know it could be worse but that doesn't mean it doesn't stink for them.
 
Aren't federal government wages typically lower than what a similar position in private industry would pay, regardless of whether the economy is doing good or bad?
 
Originally posted by: Special K
Aren't federal government wages typically lower than what a similar position in private industry would pay, regardless of whether the economy is doing good or bad?

generally, yes.

ex: i'm an engineer, and entry level in govt is something like 35-40k for a BS. in private industry, you can get a hell of a lot more. one guy i know in private industry is getting something like 80k with a BS right out of school. insane.
 
Originally posted by: Fenixgoon
Originally posted by: Special K
Aren't federal government wages typically lower than what a similar position in private industry would pay, regardless of whether the economy is doing good or bad?

generally, yes.

ex: i'm an engineer, and entry level in govt is something like 35-40k for a BS. in private industry, you can get a hell of a lot more. one guy i know in private industry is getting something like 80k with a BS right out of school. insane.

Get past entry level and the trend reverses.
 
Originally posted by: spidey07
Originally posted by: Fenixgoon
Originally posted by: Special K
Aren't federal government wages typically lower than what a similar position in private industry would pay, regardless of whether the economy is doing good or bad?

generally, yes.

ex: i'm an engineer, and entry level in govt is something like 35-40k for a BS. in private industry, you can get a hell of a lot more. one guy i know in private industry is getting something like 80k with a BS right out of school. insane.

Get past entry level and the trend reverses.

You're saying that mid-upper level government positions actually pay more than comparable positions in private industry?
 
Originally posted by: Special K
Originally posted by: spidey07
Originally posted by: Fenixgoon
Originally posted by: Special K
Aren't federal government wages typically lower than what a similar position in private industry would pay, regardless of whether the economy is doing good or bad?

generally, yes.

ex: i'm an engineer, and entry level in govt is something like 35-40k for a BS. in private industry, you can get a hell of a lot more. one guy i know in private industry is getting something like 80k with a BS right out of school. insane.

Get past entry level and the trend reverses.

You're saying that mid-upper level government positions actually pay more than comparable positions in private industry?

I think he has that backwards... entry level is competitive, but as you go up, it's not
 
Originally posted by: Special K

You're saying that mid-upper level government positions actually pay more than comparable positions in private industry?

No, I'm saying staff level (non manager) and fist level mgmt is higher in gubment in total compensation. Then it reverses again where 2nd level mgmt in private sector takes over the lead in total compensation.

 
So what kind of bonuses do Govt employees get?

If you are a teacher you may not even get full social security due to stupid federal laws.
 
Originally posted by: spidey07
Originally posted by: Special K

You're saying that mid-upper level government positions actually pay more than comparable positions in private industry?

No, I'm saying staff level (non manager) and fist level mgmt is higher in gubment in total compensation. Then it reverses again where 2nd level mgmt in private sector takes over the lead in total compensation.

CEO of major corporation: 20 million
President of the US: 400k

😀
 
Originally posted by: piasabird
So what kind of bonuses do Govt employees get?

If you are a teacher you may not even get full social security due to stupid federal laws.

Government employees don't pay into or participate in SS AFAIK. Their retirement plans are much, much better. My girl's retirement is freaking sick, after 25 years of service she gets full salary, full benefits.

The retirement packages gubment employees get are out of this world.
 
Originally posted by: Engineer
Originally posted by: spidey07
Originally posted by: Special K

You're saying that mid-upper level government positions actually pay more than comparable positions in private industry?

No, I'm saying staff level (non manager) and fist level mgmt is higher in gubment in total compensation. Then it reverses again where 2nd level mgmt in private sector takes over the lead in total compensation.

CEO of major corporation: 20 million
President of the US: 400k

😀

I'll take either. CEO you can run a company into the ground and still make mint. Same with President I suppose. Afterwards you can write books for an $8 million advance and go on speaking tours for $100,000 a speech. although a CEO has no protection against mad stockholders... an ex-president is always followed around by guys with Uzi's.
 
Every year government employees move up a step or a grade. Minimum $2,000. That or they get a bonus. This is without the 2%.

Govt employees have it all
 
Originally posted by: Aimster
Every year government employees move up a step or a grade. Minimum $2,000. That or they get a bonus. This is without the 2%.

Govt employees have it all

Federal government?

My wife works for the state government (as a teacher's aid) and I can assure you that she did not get a minimum $2,000, but she did get 3%, and no bonus.
 
Originally posted by: spidey07
Government employees don't pay into or participate in SS AFAIK. Their retirement plans are much, much better. My girl's retirement is freaking sick, after 25 years of service she gets full salary, full benefits.

The retirement packages gubment employees get are out of this world.
Government employees do pay into SS and every other kind of tax private employees pay. Retirement plans are pretty good: 2% of your pay per year of service ("your pay" is the average salary you pulled in your last 5 years of service) if you work 30+ years. If you start later in life, it gets complicated. Plan may have been better previously, but that's where we're at now.
 
Originally posted by: spidey07
Originally posted by: piasabird
So what kind of bonuses do Govt employees get?

If you are a teacher you may not even get full social security due to stupid federal laws.

Government employees don't pay into or participate in SS AFAIK. Their retirement plans are much, much better. My girl's retirement is freaking sick, after 25 years of service she gets full salary, full benefits.

The retirement packages gubment employees get are out of this world.

Wrong.

Under the old system that was true but under the FERS retirement system all government employees pay into SS. This has been true since 1987.
 
Originally posted by: spidey07
Originally posted by: piasabird
So what kind of bonuses do Govt employees get?

If you are a teacher you may not even get full social security due to stupid federal laws.

Government employees don't pay into or participate in SS AFAIK. Their retirement plans are much, much better. My girl's retirement is freaking sick, after 25 years of service she gets full salary, full benefits.

The retirement packages gubment employees get are out of this world.

It depends. States have all sorts of systems, some pay into and collect SS, some don't. The Feds have two retirement systems. Under the old system (CSRS) that covers workers hired before the mid-80s, workers neither pay into nor collect SS. Under the new system (FERS), they do. You can read all the gory details here:

http://www.opm.gov/retire/
 
Originally posted by: Aimster
Every year government employees move up a step or a grade. Minimum $2,000. That or they get a bonus. This is without the 2%.
Wrong. You move up a step per year initially, then a step every three years after that (starting at step 6 IIRC). And no, not every step improves your pay by $2k.
Govt employees have it all
Why not get a government job then? I find it amusing that all of the self-proclaimed economic experts and desk jockeys on AT aren't smart enough to get themselves into a government position to ride out the economic downturn that they all saw coming. I was.
 
Originally posted by: CycloWizard
Originally posted by: spidey07
Government employees don't pay into or participate in SS AFAIK. Their retirement plans are much, much better. My girl's retirement is freaking sick, after 25 years of service she gets full salary, full benefits.

The retirement packages gubment employees get are out of this world.
Government employees do pay into SS and every other kind of tax private employees pay. Retirement plans are pretty good: 2% of your pay per year of service ("your pay" is the average salary you pulled in your last 5 years of service) if you work 30+ years. If you start later in life, it gets complicated. Plan may have been better previously, but that's where we're at now.

The 2% per year rate was for the old CSRS system (no SS). Under FERS it is 1%.
 
Originally posted by: CycloWizard
Originally posted by: Aimster
Every year government employees move up a step or a grade. Minimum $2,000. That or they get a bonus. This is without the 2%.
Wrong. You move up a step per year initially, then a step every three years after that (starting at step 6 IIRC). And no, not every step improves your pay by $2k.
Govt employees have it all
Why not get a government job then? I find it amusing that all of the self-proclaimed economic experts and desk jockeys on AT aren't smart enough to get themselves into a government position to ride out the economic downturn that they all saw coming. I was.

I do work for the government 🙂

You usually go from 9-1 to a 11-1 then a 12-1 then a 13-1. Then when you get your 13 you stay a 13 and move up a step.

And everyone gets their 13 eventually. 14s and 15s is hard to get

Also your chart is kind of not right. For example in the D.C area that pay scale is not including the 20%+ pay raise D.C area employees have for living expenses.
 
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