The California Policy Center recently examined public-sector compensation of full-time workers at two points in time: in 2012, when the California economy was still weakened from the recession, and in 2015. They say anyone 21 years of age can run for the office of the President,but they fail to add that you have to be rich as hell to do it. It used to be a good job but not anymore. So, it must be something else. There are even some Senators and Congressmen that have apartments or homes and have other Senators and Congressmen as roomies. Quite a percentage of them, who are wealthy already, take a pay cut to serve. How is it that one man can make 14 million dollars simply putting a round ball through a hoop? You can leave a response, or trackback from your own site. Your gift helps advance ideas that promote a free society. When are we Americans going to do something about the unrealistic amount of money we give our Senators and Congressmen by way of salary and benefits? Pork Barrel spending refers to Bill passed for projects for a Senators home state or a Congressman's district, not their salaries.
That's not counting the "perks" of air fare, hotel stays, food, etc. Are you tired of this type of pork-barrel spending and, if so, what can be done about it? She also said everyone should get cost of living increases to account for changes in the U.S. economy. While there are important caveats in comparing compensation across workers of all types, differences in how competition guides public- versus private-sector compensation practices are important in understanding this two-fold difference in … Still have questions? Is it worth it? The study shows a high level of compensation for public-sector workers in 2012, and a subsequent high growth rate for compensation between 2012 and 2015. And after the President's term is up,he still get's payed like when he was the President maybe even better.I think all the elected official's should only be allowed to serve two terms just as the President.And when your term is up so is your pay-check no work no pay .And also place a cap on the amount they can make as an elected official. Source. You can sign in to vote the answer. With the Boehner resignation, I started to wonder (again): why do these guys work so hard to get elected? So, caps on politician and Presidential salaries are de facto caps on the pay of senior civil servants running Fortune 500 sized organizations and highly skilled professionals. Attracting and retaining talent is part of the job! Why are some CEOs paid exorbitant amounts when other citizens aren’t even afforded what should be the basics of life? The simple reason why unionization is so much more prevalent for government workers is that a typical union—one that raises its members’ compensation above market rates—can only succeed if the organization faces little or no competition. Also, we might get better quality people. By 2015, total compensation had increased to $137,392, $117,425, and $116,887, respective to these categories. Change ), You are commenting using your Twitter account. Congressman and Senators are set for life because they look out for the lobbyists first. Join the Hoover Institution’s It isn’t easy to do, which, in theory, is what makes the job fun. I'm not saying there aren't a few sneaky ways for them to turn some extra bucks, but the base pay and benefits allowed by law isn't that hot.
My writing explores the choices firms and leaders make and the impact of those choices. According to the study, public-sector workers typically receive 14 paid holidays, 12 personal days, and 20 or more vacation days, depending on seniority, which tends to be higher than in the private sector. Sometimes bad people cost good money. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account.
The US doesn't pay its officials enough. I'm always amazed by the way some people think that you just tell someone what you are going to pay them, and they go along with the idea.
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