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I agree, but you'd probably also need to have government NOT offer the job security far above what the private sector does, otherwise you have the opposite prob

I agree, but you'd probably also need to have government NOT offer the job security far above what the private sector does, otherwise you have the opposite problem of all the people with the most in-demand skills in the government, not producing, just checking what other people produce. It does seem, though, like you might want to have something like government pay at 90% of the market rate, so that highly-skilled and in-demand jobs do get pay that is close to the market rate.

wnissen 5y ago
The total of base compensation and benefits are already more or less required by law to be 100% of the market rate, as justified by surveys in the private sector. However, that does not include any stock compensation or bonuses. So government employees make about the same in industries that don't have significant stock or bonus. They make considerably less when more compensation is in those categories. So the situation is already what you describe, for the most part.