By BRYAN RAHIJA
Looking for billions of dollars' worth of savings for taxpayers? Look no further than government service contracting. Last September, POGO released a report that found service contractors cost taxpayers nearly twice as much as federal employees who do the same work. With the final discussion of the mammoth defense budget bill looming in Congress and with the nation’s deficit crisis largely unresolved, we figured there’s no better time to take another look at data from the report.
Our report examined 35 different occupations. Over last few days, we’ve offered a fresh look at ten of those occupations. Today marks our last installment of this series. Our last occupation is nurse. Let's check out the numbers!
Our report found that the average contractor annual billing rate for nursing services was $174,803, around $70,000 more than the average full annual compensation ($105,714 which includes benefits) of a federal employee doing the same work. There’s an even larger discrepancy between this billing rate and the full annual compensation of a nurse working in the private sector—a figure our report puts at $91,042.