Re:CEO of Uber: Gig Workers Deserve Better
by gorbachev on Monday August 10, 2020 @01:20PM
(#24111654)
Armed forces pay is way, way less than the competitive pay paid to the same people to perform the same job as employees of private companies.
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That's true of government jobs in general.
But what about total compensation, including all benefits?
You can't find a private job with a pension plan any more.
A pension plan isn’t magic, it is just a fixed-income security. You can buy them on the private market. A pension can thus be converted to a dollar value and compared to a private sector job.
Total compensation is decent in the military, but imo it’s definitely not work the risks to life and limb if deployed. Any good soldier could probably make a lot more in the private sector for the same amount of work hours and stress.
I don’t know that this is true for all government jobs... I know that California and especially San Francisco have (or had) lavish compensation programs.