Average Federal Employee Compensation in 2006: $111,180
What is the value of the compensation package for the average federal employee in 2006? Would you believe $111,180?
Bureau of Economic Analysis
What is the value of the compensation package for the average federal employee in 2006? Would you believe $111,180?
Merit pay is rampant in the private sector. In the federal government, equal pay raises across the board are the norm although a report issued in 2006 shows that federal employees have not fared too badly. The systems are different and pay and the sources of job satisfaction are unlikely to ever match up.
Statistics about the average compensation for federal employees has left some readers perplexed, some outraged and some with more questions. Here is additional information (and a couple of cartoons) that may satisfy the intellectual quest for more information.
How does your pay and benefits package compare to the private sector? New statistics compiled by a researcher at the Cato Institute is based on data from the Bureau of Economic Analysis and shows that the average federal employee makes exactly double that of the average private sector employee.