Comparison of Federal and Private Sector Pay and Benefits

Comparison of Federal and Private Sector Pay and Benefits
Author: United States. General Accounting Office
Publisher:
Total Pages: 32
Release: 1985
Genre: Employee fringe benefits
ISBN:

Pursuant to a congressional request, GAO provided current information on private sector and federal white-collar employee compensation packages. By law, federal employees' salaries are set at a level equitable and comparable with similar levels of work in the private sector, unless the President proposes alternative federal pay rates. There is no such requirement for benefits comparability. GAO analyzed several pay and benefits comparability studies conducted by private and federal organizations, but did not independently validate the data contained in the studies. GAO noted that an independent study found that: (1) as of 1984, federal employees' total compensation averaged 7.2 percent less than that for private sector employees; and (2) in 1985, the difference increased to 9 percent or more because the federal pay increase for 1985 was limited to less than the average pay increase in the private sector. GAO found that: (1) frequent presidential use of alternative pay rates caused pay for federal employees to lag significantly behind that for private sector employees; (2) an 18.28 percent federal pay increase would be necessary to achieve federal pay comparability in 1985; (3) the federal retirement system is better than the average private sector system because it is worth more as a percentage of the average employee's pay, and federal retirement benefits are adjusted annually to offset consumer price increases; (4) private studies indicated that private sector employers generally pay a higher share of employee health insurance premiums than does the government; (5) private sector employee life insurance programs provide more basic coverage than the federal employee program, usually at no cost to the employee; (6) while federal employees generally receive one less holiday than private sector employees, this is offset by more generous federal annual leave benefits; and (7) federal sick leave lags behind the average private sector illness and disability income plan by 0.7 percent of pay.

Evaluating Military Compensation

Evaluating Military Compensation
Author: Carla Tighe Murray
Publisher:
Total Pages: 48
Release: 2007
Genre: United States
ISBN:

Introduction and summary. Defining military compensation ; Comparing military and civilian compensation ; Factors that complicate military-civilian comparisons -- Military pay, promotions, and rank -- Estimates of military compensation. Total compensation for enlisted personnel by years of experience ; Cash earnings for selected occupations -- Comparing increases in military and civilian pay. The "gap" between changes in basic pay and civilian earnings ; Issues in using the "pay gap" to evaluate military compensation ; Increases in regular military compensation versus the employment cost index -- Comparing levels of military and civilian pay. Cash compensation ; Noncash and deferred benefits ; General limitations of military-civilian comparisons -- Linking military compensation to recruiting and retention. Effectiveness of using pay to resolve occupational shortages or surpluses ; Effects of cash and noncash compensation on recruiting and retention -- Options to increase the visibility and efficiency of military compensation. Integrating the components of total compensation ; Increasing cash relative to noncash compensation -- Appendix A: Total compensation for the median enlisted member -- Appendix B: How pay changes with deployment -- Appendix C: Types of occupation- or skills-based compensation.

Monthly Labor Review

Monthly Labor Review
Author:
Publisher:
Total Pages: 748
Release: 1969
Genre: Labor laws and legislation
ISBN:

Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Federal Personnel

Federal Personnel
Author: United States. General Accounting Office
Publisher:
Total Pages: 88
Release: 1994
Genre: United States
ISBN:

Budget of the United States Government, Analytical Perspective

Budget of the United States Government, Analytical Perspective
Author:
Publisher: Government Printing Office
Total Pages: 540
Release: 2013-04-10
Genre: Business & Economics
ISBN: 9780160917493

Contains analyses that are designed to highlight specified subject areas or provide other significant presentations of budget data that place the budget in perspective. This volume includes economic and accounting analyses; information on Federal receipts and collections; analyses of Federal spending; information on Federal borrowing and debt; baseline or current service estimates; and other technical presentations. This volume also contains supplemental material on a CD-ROM in the printed document with several detailed tables, including tables showing the budget by agency and account and by function, subfunction, and program.

Federal Pay

Federal Pay
Author: United States. General Accounting Office
Publisher:
Total Pages: 80
Release: 1990
Genre: United States
ISBN:

Merit Systems Protection Board

Merit Systems Protection Board
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on the Treasury, Postal Service, and General Government Appropriations
Publisher:
Total Pages: 784
Release: 1985
Genre: United States
ISBN: