Quote:
Originally Posted by Jim in CT
I saw that, and I found that interesting. In your area (are you in Mass?) do IT workers in the private scetor get guaranteed pensions? If not, that's something you need to consider when comparing public to private. If public salaries are 5% less than the private scetor, but they get pensions, then in my opinion total compensation is much higher in the public sector.
I was talking about teachers. Here in CT, public schoolteachers make more than double what private schoolteachers make, with far inferior results (although you can't just compare test scores obviously, because private schools select who to let in).
|
total compensation really needs to be considered, the numbers for RI state employees was released a while back showing "total compensation" and it was mind numbing( I used to think of this everytime I'd drive through the Newport Bridge toll booth where I think the average worker was making in excess of 60 grand+++ plus all the other stuff and I'd have to wait for them to finish stuffing the sandwich in their mouth before I could get my reciept, EasyPass is great)....I just read an article in the WSJ talking about the Utah plan for revamping the pension system going to a 401K and the government contributing 10-12% a year...one of the first comments said 10-12%??? the private sector employers have to factor in all costs for total compensation to determine your value or overall compensation level as an employee, something tells me that governement simple looks at compensation levels and then piles on the benefits without regard to how they're going to pay for it in the future...thus our insolvent current state...
