Home Depot's Inventory Control Problem

Even taking the value of benefits into account, civil servants still don't make anywhere near twice as much as their civilian counterparts (as you claimed).

The author of this article begins to display his massive ignorance as early as about the fifth paragraph:

"Average compensation for federal civilian workers last year came to $106,579 ? which Chris Edwards of the Cato Institute notes is "exactly twice the average compensation paid in the U.S. private sector." Throw out the benefits and the difference is less, but still a whopping 62 percent more for the federal worker."

Even if the figures are correct, the comparison is at best meaningless, because it's comparing the average of *all* government employment to the average of *all* non-government employment. This is an apples-and-oranges comparison, because it's not comparing similar jobs.

The lowest wages in the private sector are found in retail stores and restaurants. Q: how many retail stores and restaurants does the Federal government operate? A: zero.

The Federal workforce also contains disproportionate numbers of scientists, engineers, and managers -- all of which pay more than average.

When you compare _similar_jobs_ between the Federal civil service and the private sector, you find that wages are almost always higher -- and not by just a little bit, either -- in the private sector. That's why the Federal government has a hard time retaining its top people: business hires them away. You just don't hear about businesses losing their top people to the Federal government because the pay is better. It just doesn't happen.

Reply to
Doug Miller
Loading thread data ...

That simply isn't true.

No argument there -- but that's a separate issue from salaries.

See my response to your previous post -- the author of that article is comparing apples and oranges.

Reply to
Doug Miller

It _IS_ true. I have a pretty good retirement package (and if I started work 27 days later I wouldn't have half that), but nowhere near what a government sector employee gets. My retirmeent is not indexed to inflation. My medical benefits are fixed and not indexed to any metric.

No it's not. Benefits are a big part of compensation.

Nope. Compensation is compensation. You can't just take one part of the equation and ignore the rest.

Reply to
Keith Williams

The DoD operates an extensive network of retail stores and restaurants, and even resorts.

You cannot really compare the job of a manager, for example, without consideration of such intangibles as likelihood of job loss. A government manager who fails to perform is in virtually no danger of losing his job, and may even be promoted; a civilian manager who fails to perform is very often let go.

The result is that untalented people are overpaid by the government (which is why it attracts so many of that ilk), while talented people are underpaid (and thus tend not to seek or retain government positions). There are certainly exceptions, such as those who take a government position out of idealism or a desire to serve their country, but they are pretty rare. Most cabinet officers, for example, take a severe pay cut during their government service; how much of that is offset by the power and publicity of their position is a good question. Federal attorneys and judges, for example, earn far less than they could as private attorneys, and many of them leave when it is time to put their kids through college.

>
Reply to
Not

Retirement benefits? That's changing! Most Federal employees hired after 1985 or so get to retire on Social Security at the same age as private sector employees. And last time I checked, they had to pay part of their health insurance premiums.

- Don Klipstein ( snipped-for-privacy@misty.com)

Reply to
Don Klipstein

...and how many more who work, are paid off the books, but collect unemployment?

Reply to
jtees4

The block I grew up on was a real melting pot, and basically we all felt the same way as your grandparents did. I am Italian, my friends were German/Italian, Polish, Black, Irish/French. But, we all considered ourselves American.

Reply to
jtees4

(BTW Ken Lay doesn't have a bunk assignment)

It was circa 1985. The old Civil Service Retirement System (CSRS) became Federal Employees Retirement System (FERS). After a certain date new employees were automatically enrolled into FERS. Old CSRS people had a choice to stay in the CSRS.

Under CSRS a person contributed 7.5% of salary to the pension plan, contributed to medial insurance, but no Social Security contributions.

In retirement a CSRS person stills pays towards medical insurance, don't know about FERS.

FERS changes this. A person contributes 3.5 % to a pension, NOW pays Social Security, but also now has a Thrift Savings plan to which they can contribute. The government matches dollar for dollar, up to 10% in the saviings.

FERS also has to work more years than CSRS (law enforcement cited 20 years vs 25 years).

Oren

Reply to
Oren

Now that you mention it, you're probably correct. Anything over 30 hours, you have benefits....

Reply to
HeatMan

"jtees4" wrote

I wonder what would have happened if your Grandpa or mine had gone down to the DMV and insisted that he be given his driving test in his native language.

Steve

Reply to
Steve B

They have no clue what customers want,

What really frosts me is HD's corporate policy of not taking reservations for rental equipment--even if I offer to pay in advance. This is so anti-customer. How is a contractor supposed to plan and commit to a job if the equipment may not be available when needed? I wrote to HD's president and got back a meaningless form letter.

Reply to
ems2004

You should have done what Andy Rooney would have done: Go to corporate HQ and ask to speak to Mr. Depot.

Reply to
frank1492

Maybe go to a real contractor rental place that will work with you?

Reply to
George

Sounds more like Michael Moore, but I guess he's too busy bashing Bush these days to do something meaningful like he used to.

Reply to
jtees4

On Sun, 20 Aug 2006 22:28:52 +0000 (UTC), with neither quill nor qualm, snipped-for-privacy@manx.misty.com (Don Klipstein) quickly quoth:

Atta Boy, Trader4. Your post echoes my sentiments and I, too, am a WalMart shopper. I find lots of US-made items at Wally World and they keep hundreds (if not thousands) of American companies in business. Those companies can choose NOT to sell to Wally if they want. (I don't want my products there at a 3% markup. ;)

Those who aren't employed and aren't looking for work _aren't_ unemployed, Don. If they can live with that, why worry? It's their choice.

-- The Smart Person learns from his mistakes. The Wise Person learns from the mistakes of others. And then there are all the rest of us...

-----------------------------------------------------

formatting link
-- Wisearse Website Design

Reply to
Larry Jaques

On Fri, 18 Aug 2006 17:23:41 GMT, with neither quill nor qualm, snipped-for-privacy@milmac.com (Doug Miller) quickly quoth:

(Would you be happier in a more Socialist country, Perce?)

What everyone in this type of discussion seems to be forgetting is that a minimum wage job -doesn't- stay there. Every employee who isn't braindead (or attitudinally challenged) is given raises and ends up making more money each few months or year. If they choose to go elsewhere and start over at minimum wage, that's their option.

The vast majority of today's poor aren't tomorrow's poor. They usually work up the ladder and make more money as they go.

Yes, HD and Wally World have problems, but I still like both stores.

-- The Smart Person learns from his mistakes. The Wise Person learns from the mistakes of others. And then there are all the rest of us...

-----------------------------------------------------

formatting link
-- Wisearse Website Design

Reply to
Larry Jaques

On Sun, 20 Aug 2006 19:56:03 -0400, with neither quill nor qualm, krw quickly quoth:

If you look carefully, you'll see lots of gov't employees bailing out to come to the higher-paying jobs in the private sector.

But we see the local gov't paying far too much for work. Like $20+ an hour to stand on the roadway with a SLOW/STOP sign and key in a radio every once in awhile. Perhaps that's what you're referring to. City, County, and State jobs are far higher-paid than they should be.

-- The Smart Person learns from his mistakes. The Wise Person learns from the mistakes of others. And then there are all the rest of us...

-----------------------------------------------------

formatting link
-- Wisearse Website Design

Reply to
Larry Jaques

HomeOwnersHub website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.