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24.72 percent
- Federal employees on average earned 24.72 percent less this year than workers in similar private sector jobs, according to a report by the Federal Salary Council released today.
www.nteu.org/media-center/news-releases/2024/11/18/newpaygap24Federal Employee Salaries Not Keeping Pace with Private Sector
3 days ago · Locality Pay. Unions. Federal employees in 2024 on average earned 24.72% less than their counterparts in similar private sector jobs, according to a new report from the Federal Salary Council that ...
Overall, the average wage for federal workers was 10 percent less than the average wage for similar private-sector workers in 2022. In the earlier period, the average wage for federal workers exceeded the average wage for similar private-sector workers by 3 percent.
2 days ago · The gap between private and federal sector salaries is shrinking, but federal employees on the General Schedule are still earning 24.72% less than private sector employees in comparable jobs. The wage gap between federal and private sector salaries shrunk by about 3% over the last year, according to fiscal 2024 wage data from a report the Federal Salary Council published Monday.
Apr 18, 2023 · In addition, government workers retire earlier than those in the private-sector—about 2.4 years earlier on average—and were much less likely to lose their jobs: 1.0% in the public sector compared to 4.8% in the private sector.
3 days ago · WASHINGTON – Federal employees on average earned 24.72 percent less this year than workers in similar private sector jobs, according to a report by the Federal Salary Council released today. The pay gap is an important data point in the debate over federal salaries and clearly shows the government needs higher wages to compete with the private sector for the skilled staff necessary to serve ...
Nov 14, 2023 · WASHINGTON – Federal employees on average earned 27.54 percent less than private sector workers in similar jobs this year, according to an analysis released today by the Federal Salary Council. The disparity has grown significantly in just one year, from 24.09 percent in 2022.
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In addition, government workers retire ear-lier than those in the private-sector—about 2.4 years earlier on average—and were much less likely to lose their jobs: 0.4% in the public sector compared to 2.4% in the private sector.
