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29 Nov 2010 11:22

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U.S.: A federal pay freeze might halt out-of-whack wage increases

  • 3% the yearly increase in pay rates above inflation for public-sector workers
  • 0.8% the increase of the same measure for private-sector workers source
  • » Also worth noting: As of 2010, 82,000 federal workers make over $150,000 – a huge leap from even five years earlier. And had Obama not ordered the pay freeze, federal pay would’ve gone up by 1.4 percent across the board. Federal workers are getting paid out of whack with the private sector as-is. To stop this now, as he’s getting hit on all sides, seems like a very smart move on Obama’s part, though we’ll see as the story develops.

29 Nov 2010 10:35

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U.S.: Obama announcing federal employee pay freeze

  • This is gonna hurt federal workers en masse. Obama will offer details in a press conference in a little while, but expect DC residents to feel the hurt, as 600,000 federal workers reside in this little out-of-the-way villa. Hey, Obama, could we make a suggestion for you, as outside observers? Cut the pay of the highest-paid federal workers – the bureaucrats with random non-public-facing jobs, but raise it for TSA staffers, because they’re not getting paid enough to take their arguably more important job seriously. source