Benefit Cost Comparisons Between State and Local Governments and Private Industry Employers
It is often argued that compensation patterns for public sector employees are higher than in the private sector. This chapter examines some of the reasons for the observed differences in total compensation costs between US state and local government employers and private industry employers. The author examines compensation costs by industry, occupation, union status, and employee benefit participation.
Keywords: pension benefit costs, employee benefits, pension participation, public versus private employees, total compensation costs
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