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Many of the slashdot comments state what is obvious. Contractor billing rates != government salaries. Once you account for government benefits, like sick time
by epoxyhockey 15y ago
Many of the slashdot comments state what is obvious. Contractor billing rates != government salaries.
Once you account for government benefits, like sick time, vacation time, health insurance and retirement, then you can make better comparisons.
- fleitz 15y agoIn addition a major factor for gov't employees is paying for all the non-performers plus pensions. Given that a good programmer is 10 to 100 times more productive than a poor programmer it's probably a good bargain for the money to pay twice as much.
- _delirium 15y agoAs far as I can tell, government contractors are quite full of "non-performers". It was pretty much the standing assumption around my alma mater that if you were an engineer wanting a bill-hours-and-do-nothing job for a few years past college, a place like Booz(e) Allen Hamilton was the way to go. Leverage your degree into some bullshit powerpoints and "recommendations", and rake in the cash.
- jcampbell1 15y agoAccording to Appendix A of the study, they baked in 36.5% for fringe benefits including retirement, healthcare, medicaid, and life insurance. The study does neglect vacation time, which appears to be an oversight by the researchers.
- Steko 15y agoYeah it looks like because vacation isn't an extra cost they don't factor it in but if you're only working 9 days out of 10 you shouldn't be compared against a contractor working 10 days.
- Steko 15y agoThe main thing they are missing is the job security a federal worker has.