federal govt. pays more than private sector (article) Forum

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awesomepossum

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Re: federal govt. pays more than private sector (article)

Post by awesomepossum » Sat Mar 06, 2010 8:39 pm

are you scared that somebody will attack you for posting this article?

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cardnal124

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Re: federal govt. pays more than private sector (article)

Post by cardnal124 » Sat Mar 06, 2010 8:40 pm

Federal Private Difference
Lawyer $123,660 $126,763 -$3,103

Lawyers are a bit short on cash compensation, though it may be made up by benefits.

Interesting read, although I think paying high wages to employees can either be a good or bad thing for the government.

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theavrock

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Re: federal govt. pays more than private sector (article)

Post by theavrock » Sat Mar 06, 2010 8:41 pm

Wow. Just wow.

gemma232

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Re: federal govt. pays more than private sector (article)

Post by gemma232 » Sat Mar 06, 2010 8:43 pm

cardnal124 wrote:Federal Private Difference
Lawyer $123,660 $126,763 -$3,103

Lawyers are a bit short on cash compensation, though it may be made up by benefits.

Interesting read, although I think paying high wages to employees can either be a good or bad thing for the government.
I think the benefits really put the lawyers with the feds over the top. $120,000+ for a 40 hr. work week sounds nice (no billables, etc).

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cardnal124

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Re: federal govt. pays more than private sector (article)

Post by cardnal124 » Sat Mar 06, 2010 8:49 pm

gemma232 wrote:
cardnal124 wrote:Federal Private Difference
Lawyer $123,660 $126,763 -$3,103

Lawyers are a bit short on cash compensation, though it may be made up by benefits.

Interesting read, although I think paying high wages to employees can either be a good or bad thing for the government.
I think the benefits really put the lawyers with the feds over the top. $120,000+ for a 40 hr. work week sounds nice (no billables, etc).
Ya, that sounds nice. But remember that at that point in a successful private career in BigLaw, you would be 200k+, and you wouldn't ever be capped (right now fed pay is capped at a max of 155k). Not saying one is better than the other, just that its your decision whether to work 80 hour weeks and make 200k-300k or work 40 hour weeks and make 120k.

the pecan sandies

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Re: federal govt. pays more than private sector (article)

Post by the pecan sandies » Sun Mar 07, 2010 3:58 pm

what this article doesn't take into account for law at least (and maybe other fields I know nothing about as well), is that the average federal job is much harder to get than the average private sector job. the result being a more apt comparison for lawyer would be DOJ pay vs. what someone qualified for that job could be making in the private sector. the difference would jump quite a bit then. now, this is comparing people with crappy private jobs who would never be competitive for tough federal agencies.

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cardnal124

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Re: federal govt. pays more than private sector (article)

Post by cardnal124 » Sun Mar 07, 2010 4:09 pm

the pecan sandies wrote:what this article doesn't take into account for law at least (and maybe other fields I know nothing about as well), is that the average federal job is much harder to get than the average private sector job. the result being a more apt comparison for lawyer would be DOJ pay vs. what someone qualified for that job could be making in the private sector. the difference would jump quite a bit then. now, this is comparing people with crappy private jobs who would never be competitive for tough federal agencies.
Exactly. Like G-Town grads

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