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> Additionally, government salaries aren't terrible when you factor in the pension. Most people want the money now. But if you want financial security in the fu
by acdha 3y ago
> Additionally, government salaries aren't terrible when you factor in the pension. Most people want the money now. But if you want financial security in the future - that's a reason a lot of people chose to work for the Fed.
This varies by agency and field. The older pension system was replaced with a newer model a while back so a prospective federal employee is looking at the combination of effectively a 401k, a pension of 1% top salary per year of service, and social security. That’s not bad but your salary is capped at under $200k so you're not getting anyone with IT skills turning down FAANG positions unless it’s for a cause they support (NASA, the VA, etc. can do that a lot more effectively than Agriculture, etc.). In other professions, of course, that can be pretty different – if you’re an academic who isn’t able to/interested in switching careers to ad-tech, that might be a great job compared to getting in a cage fight for a handful of tenure-track positions.
This matters a lot for security because the defense needs to be everywhere. NASA will never run out of people who want to work on robots because rovers are cool; the IRS needs people who can modernize internal business systems and that’s not only not cool but will get mockery from the more clueless people they know.