Feds still make three quarters of private sector pay – By Jessie Bur (Federal Times) / Oct 23 2020
Federal employees are paid on average 23.1 percent less than their private sector counterparts, according to calculations released by the Federal Salary Council at an Oct. 21 meeting.
That difference is slightly smaller than the 26.7 percent gap found in the same report last year, which also marked a decrease from the 31.8 percent gap found in 2018.
Those pay gap reductions may be attributable to the 1.9 and 3.1 percent pay raises feds received in 2019 and 2020.
“The pay gap is a national problem because it affects federal agencies and employees in every city, town and suburb where job candidates too often opt for the bigger private sector paycheck,” National Treasury Employees Union National President Tony Reardon said.
“Every year the council hears heartbreaking testimony from all over about unfilled federal vacancies, understaffed agencies, excessive overtime and poor retention rates.”
Continue to article: https://www.federaltimes.com/management/pay-benefits/2020/10/22/feds-still-make-three-quarters-of-private-sector-pay/
