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For what it's worth.
I always thought that public employees generally traded compensation, particularly salary, for benefits and job and retirement security. So far that understanding has been affirmed.
Excerpted from “Study: Iowa's public workers paid less than in private-sector” Written by JENNIFER JACOBS, Des Moines Register, 8:48 AM, Feb. 22, 2011
[SIZE="+2"]P[/SIZE]ublic employees in Iowa in general are paid less than their private-sector peers in comparable jobs, according to a new study by the nonpartisan Iowa Policy Project.
Even if benefit packages are accounted for, Iowa’s public workers still earn less than those who work for private businesses, said Andrew Cannon, author of a new report. …
I always thought that public employees generally traded compensation, particularly salary, for benefits and job and retirement security. So far that understanding has been affirmed.