The Congressional Budget Office’s latest findings that the federal government overall spends 17 percent more compensating its employees compared to the private sector is renewing fresh debate on a well-worn topic.
For some, the latest CBO report throws more fuel on the fire in an ongoing push for civil service reform and reemphasizes past arguments that federal employees are simply paid too much. For others, it reinforces government’s struggles to recruit and retain top talent in mission critical areas.
In total, federal employees with a high school diploma or less earn on average 53 percent more than their counterparts in the private sector, while federal workers with a bachelor’s degrees received 21 percent more in compensation.
In contrast, total compensation costs for employees with a professional degree or doctorate were 18 percent lower than workers in the private sector, CBO said.