I seemed to have heard that the greater Washington area is not feeling the affects of the economy like the rest of the country. I suggest we fired half of them and reduce the pay of the rest so they can suffer with the rest of us.
And they just keep spending and lending OUR money!
From Zero Hedge:
Global Central Banks “Last Tango in Paris” - “Fire up the printing presses, gang!” Or at Least Lower Swaps Rates 1/2%
http://confoundedinterest.wordpress.com
And they just keep spending and lending OUR money!
From Zero Hedge:
Global Central Banks “Last Tango in Paris” - “Fire up the printing presses, gang!” Or at Least Lower Swaps Rates 1/2%
http://confoundedinterest.wordpress.com
(sarcasim)Right.
One size fits all pay scale. Evaluate in high cost of living area. Equals “pay gap”.
With the COLA for that area, actual “pay gap” is the other way around.
Also, having to quit or commit a felony in order to be fired, is worth a 30% “pay gap”.
Gimme gimme gimme
I need some more
Gimme gimme gimme
Don't ask what for
Most of these federal employees would wet their little girlie panties if they had to do the kind of work a business owner or manager does.
Federal employees can't be fired even if they do little or nothing on the job. They get generous time off, great health benefits and an exorbitant pension.
In return they show up when they feel like it. Perhaps they sit in a meeting or two about some useless bureaucratic nonsense. More likely they do little or nothing.
LOL! Federal employees conducted a "study" that illustrated that federal employees should be paid much better.
The methods BLS uses have been evolving, in part because funding is being cut off for a salary survey that it traditionally used in the federal pay comparison.
So they didn't have the funds to conduct a study, but the study they didn't conduct shows an increase in their suffering.
BLS presented an alternative set of figures based on a different set of data that showed the pay gap to be still larger.
They have another statistical mangling that can show even greater suffering on their part!
The conservative Heritage Foundation, for example, concluded last year that federal employees are overpaid by 22 percent on average.
For the other perspective.
From the article:
“Under a 2010 law, federal salary schedules were frozen for 2011 and will be frozen again in 2012, though “within-grade” raises that are largely based on longevity still are allowed, as are raises after promotions.”
So, let me see if I got this correct...
Within-grade (i.e. step increases) are still allowed as are raises after promotions.
Well that only leaves cost of living allowance (COLA) increases.
Harumph! Don’t sound like much of a “Pay freeze” to me.
And, in keeping with full disclosure....
I’m a federal employee, working for the Department of Defense.
If they are not equating duties and they are not looking at total compensation, which includes benefits, the report is not worth using as puppy potty training paper.
Compare what these these Fed. employees make compared to Virgina state employees with similar duties just 20 miles away.
I was thinking the Feds were overpaid by 26%.