By SCOTT AMEY
Yesterday, the Congressional Budget Office (CBO) released the study "Comparing the Compensation of Federal and Private-Sector Employees." The study doesn't compare similar occupations, but instead looks at compensation for employees with similar education levels.
CBO found that, overall, “federal workers tend to be older, more educated, and more concentrated in professional occupations than private-sector workers,” and, on average, are paid 16 percent more than similar employees in the private sector. However, that trend occurs mostly in the lower education levels. Public servants with advanced degrees were paid 18 percent less in total compensation than the private sector.
POGO found a very similar disparity (a 20 percent higher total compensation rate for federal employees) in our Bad Business report. However, I have been waiting to hear more from the Office of Personnel Management (OPM), which argues that feds receive lower pay when education and occupation are considered.