Nearly three - quarters of
private sector workers receive paid sick days from their employers, though there is no federal mandate requiring it.
Even after the changes, the Pensions Policy Institute recently calculated that contributions to the teachers» pension scheme will be worth twice as much as a percentage of their salary as those the average
private sector worker receives from their employer under a defined contribution scheme.
Not exact matches
What's more, state and local employees
received $ 1.17 in new benefits for every dollar per hour pay increase from 2002 to 2008, compared to 58 cents for
private sector workers.
State
workers receive a platinum - level health care plan at a heavily subsidized cost, while Illinoisans in the
private sector paying for those plans see their own premiums skyrocket.
Prisoners and people on welfare
receive far better medical care and coverage than many
private sector workers or self - employed people.
«It is low - paid
private sector workers working beyond retirement age... who are subsidising public
sector pensions while
receiving none of the benefits.
Tory MPs, whose constituencies are predominantly made up of
private sector workers, echoed Alexander's remarks that public
sector workers would still
receive a better pension than most in
private sector.
Today's Daily Telegraph splashes with the news that public
sector pay continues to grow under Labour: «The Office for National Statistics disclosed that, in the three months to October, state
workers received an average annual rise of 2.8 % This was close to triple that seen in the
private sector, where pay edged up by 1.1 %.
Even before the recession Labour had allowed public
sector pay to catch up with
private sector pay but had not forced public
sector workers to sacrifice some of the securities they
received as a traditional substitute for less remuneration.
(In their technical report, they present results indicating that teachers
receive a 52 percent compensation and a 21.5 percent wage advantage over comparable
private -
sector workers.)
Research indicates that today's public -
sector workers such as teachers
receive less compensation — or combined pay and benefits — than similar
workers in the
private sector.25 Historically, public -
sector jobs were attractive to
workers due to their stability, their high - quality benefits such as defined - benefit pensions, as well as their intangible benefits such as pride in public service.
This is maybe a bit more than most
private -
sector workers receive, but it's not overly generous; it would be comparable to 5 percent employer match on a 401k plan.
In fact, the value of fringe benefits (as a percentage of wages) for the average public - school teacher is more than double the benefits package
received by the typical
worker in a large
private -
sector firm.
Public employee unions maintain retirement benefits far larger than those
received by most
private sector workers (and taxpayers).