Generous Benefit Plans Leading Gov’t Employees To Be Nearly 40% More Expensive Than Private Sector
The cost of hiring state and local government workers in the second quarter of 2024 was 39.7% higher than private sector employees, mainly due to more generous benefit plans, according to data released Tuesday by the Bureau of Labor Statistics (BLS). Total compensation costs, including wages, salaries and benefits, averaged $43.94 per hour for private […]
