4 ms·
From the article: roughly 80 cents of every government dollar in California goes to employee compensation and benefits So that's salaries as well as pensions
by philk 16y ago
From the article:
roughly 80 cents of every government dollar in California goes to employee compensation and benefits
So that's salaries as well as pensions (and salaries will be making up the lions share of the 80%).
To quote Felix Dennis "Overhead walks on two legs".
- timepilot 16y agoand healthcare benefits, etc
- 16s 16y agoEmployees are the biggest expense for any business, not just governments.
- larrywright 16y agoThis is true, but not 80%. This number is way, way out of whack.
- billswift 16y agoUsually the biggest single expense, but not usually more than half of the total expenses.