Federal workers are enjoying an extraordinary boom time — in pay and hiring — during a recession that has cost 7.3 million jobs in the private sector.If Obamacare and cap-and-tax pass, we'll all be federal employees - we just won't get the big salaries.
The highest-paid federal employees are doing best of all on salary increases. Defense Department civilian employees earning $150,000 or more increased from 1,868 in December 2007 to 10,100 in June 2009, the most recent figure available.
When the recession started, the Transportation Department had only one person earning a salary of $170,000 or more. Eighteen months later, 1,690 employees had salaries above $170,000.
The trend to six-figure salaries is occurring throughout the federal government, in agencies big and small, high-tech and low-tech. The primary cause: substantial pay raises and new salary rules.
Friday, December 11, 2009
Get Rich, Word for the Feds
If you work in the private sector your pay may be capped by Obama's "Pay Czar", but if you're a federal government employee the sky's the limit for your pay:
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