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benefits, healthcare, pension - all are part of the labor cost, as in if you fire a person - you no longer carry these costs, and if you hire more people => you
by slt2021 2y ago
benefits, healthcare, pension - all are part of the labor cost, as in if you fire a person - you no longer carry these costs, and if you hire more people => you will have to carry increased benefits expenses.
I am not interested in detailed paychecks, as I am not evaluating efficiency of individual employees.
Just the department's efficiency in general, thats why it makes sense to divide totals as this is what taxpayer is paying in the end
- unsnap_biceps 2y agoYou are talking specifically about salaries in your comparisons. Apples to apples means you should also only talk about salaries for the CFPB. > which ~ 250k/head, which is bigger than the salary of the Speaker of the House. > 250k average pay is unheard of in the federal government As the data I linked, their salary amounts is on the lower end of federal agencies. I get you don't think they're worth the cost, but you can't claim they're radically overpaid compared to other federal agencies. The data just does not back up that claim.
- slt2021 2y agoits not "on the lower end". From https://openpayrolls.com/federal/consumer-financial-protection-bureau https://openpayrolls.com/federal/consumer-financial-protecti...: The average employee salary for the Consumer Financial Protection Bureau (CFPB) in 2023 was $134,723. This is 87.8 percent higher than the national average for government employees and 74.7 percent higher than other federal agencies. top quartile of the pay bracket. ok maybe they are not all overpaid, but the agency is over bloated for its mission and what could be accomplished with the resources they are using