USA Today: "More federal workers pay tops $150K"
As we’ve previously noted, the long-held image of the poor, underpaid public servant is far from representative of today’s federal worker. An analysis by USA Today revealed just how good the past few years have been for the Washington workforce.
Below is an excerpt from USA Today’s article on the analysis findings; please click here to read the entire piece.
The number of federal workers earning $150,000 or more a year has soared tenfold in the past five years.
[A]ccording to a USA TODAY analysis of Office of Personnel Management data…:
•Government-wide raises. Top-paid staff have increased in every department and agency. The Defense Department had nine civilians earning $170,000 or more in 2005, 214 when Obama took office and 994 in June.
•Long-time workers thrive. The biggest pay hikes have gone to employees who have been with the government for 15 to 24 years. Since 2005, average salaries for this group climbed 25% compared with a 9% inflation rate.
•Physicians rewarded. Medical doctors at veterans hospitals, prisons and elsewhere earn an average of $179,500, up from $111,000 in 2005.
Federal workers earning $150,000 or more make up 3.9% of the workforce, up from 0.4% in 2005.
Since 2000, federal pay and benefits have increased 3% annually above inflation compared with 0.8% for private workers, according to the Bureau of Economic Analysis.