Friday, February 18, 2011

Benefits in Balance

Benefits in Balance, James Hohman, Public-Sector Fringe Benefits [Michigan Capitol Confidential]
"...examine what happens when workers switch jobs from the private to the public sector.

Available data show that, on average, a worker who leaves a private-sector job on Tuesday finds himself making 8 to 28 percent more if he starts working for the government on Thursday, although it's unlikely his education and skill levels leapt that much on Wednesday.

Moreover, the extra pay premium probably increases the longer he remains on the public’s dime."

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