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Want 50% more for your work? Get a government job. Private-sector employers may be cutting deeply into employee benefits, but for local and state governments, the gravy train rides on. Last year state and local governments spent an average of 51% more per employee on benefits and compensation than private-sector employers did, or $39.50 per hour worked versus $26.09, according to the Employee Benefits Research Institute. And the disparity continues to grow...

Author: /time Magazine | Title: Government Jobs Looking Better in the Downturn | 11/22/2008 | See Source »

...many city managers, it's easier to justify tacking a few fresh dollars onto locals' real estate tax bills than to try and slash the padding on a fireman's health insurance plan. City workers may pay 10% to 20% of a health plan's cost, compared with 30% in the private sector, but you win few local fans when you boost the burden on a teacher or policeman to prettify the municipal bottom line...

Author: /time Magazine | Title: Government Jobs Looking Better in the Downturn | 11/22/2008 | See Source »

...held accountable for the profitability of a firm. He's held accountable if the streets aren't swept, the roads aren't paved or the garbage isn't picked up. It's easier to cave in to union demands than to save $9 on everyone's local tax bill, if that's what it comes down...

Author: /time Magazine | Title: Government Jobs Looking Better in the Downturn | 11/22/2008 | See Source »

...aren't available to private-sector workers in any but the ritziest of jobs. Some such plans, for instance, offer 100% coverage for basic surgeries with little if any co-pay, whereas private plans may require a $250 to $500 co-pay per surgery. In Massachusetts, for example, many local government employees enjoy benefit plans that have long since been phased out for private employees, who have seen plan standards tighten consistently in recent years. Increasingly, private sector employees across the country end up in euphemistically dubbed "consumer-directed health plans" which typically cost companies less because of higher deductibles...

Author: /time Magazine | Title: Government Jobs Looking Better in the Downturn | 11/22/2008 | See Source »

...that night of Jan. 14, Holder demonstrated the kind of apolitical open mind he was known for as a local judge and U.S. attorney for the District of Columbia. Named to the DOJ's No. 2 job a year earlier, he served as the contact point for the sprawling independent-counsel probes commissioned by his boss, Janet Reno, into everything from an Arkansas land deal to the firing of the White House's travel office. So when Bennett asked for a meeting late the next day, Holder quickly acceded with an invitation to his office...

Author: /time Magazine | Title: Will Holder's Role in Lewinsky Probe Get Scrutiny? | 11/21/2008 | See Source »

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