Late last year I railed against yet ANOTHER large raise for many already-overpaid City employees at the top of the food chain.
I also pointed out that our City employees have gotten some HUGE raises back when inflation was very close to zero:
The latest data from the BLS confirms I was right once again: state and local government employees are VASTLY better compensated (wages AND benefits) than the poor schlubs who pay their salaries.
The BLS recently released its employer costs report for the 4th quarter of 2023:
Look at those benefits!!! I have harped on this for YEARS. Finley squawks about “salaries, salaries, salaries” all the time but NEVER mentions the very generous benefits. As you can see above, they are EIGHTY PERCENT HIGHER than private sector workers.
Employer Costs $ Per Hour Comparison
- State and local government worker’s total compensation is $60.56 compared to $43.11 for private industry.
- State and local government worker’s salary is $37.53 compared to $30.33 for private industry.
- State and local government worker’s benefits are $23.03 compared to $12.77 for private industry.
Employer Costs Percentage Comparison
- State and local government worker’s total compensation is 40.5 percent higher than private industry.
- State and local government worker’s salary is 23.7 percent higher than private industry.
- State and local government worker’s benefits are 80.3 percent higher than private industry.
Remember all this in a few months when Finley and Ryan do their annual rain dance for more money to be showered upon themselves. You will hear a lot of bullshit about “being competitive” and “salary studies” but they won’t say a single word about benefits. Nor will there be any comparisons to the suckers who work in the private sector who ultimately pay their bloated salaries.