Word: sectoral
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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...
...wanted to attract family men," says Stacey Kole, a human resources expert at the University of Chicago Booth School of Business. "Because they perceived married men to be more stable and productive than those in the marriage market." Now that there is little differentiation among benefits across the private sector, many companies rely less on benefits in attracting ideal applicants. Even as private employers have cut back on their pensions and benefit promises, though, public entities, which make up 3% of all employers, have adhered to tradition in serving up generous lifetime packages...
...benefits alone, government entities spent 72.8% more per employee than private-sector employers last year. That's partly because government workers are more likely to participate in richer retirement and health plans. More than four in five government employees participates in a retirement plan, compared with just half of private-sector employees. And three quarters of government workers get health insurance benefits, compared with just half of private-sector employees...
...muster enough people though the web to make a difference.”In McKibben’s view, an international agreement to cap carbon emissions is the only viable way to mitigate the effects of climate change. The problem “is too hard to take on sector by sector politically,” he said. “The only lever big enough is to change the price of fossil fuel.”Some of McKibben’s audiences throughout the week only conditionally accepted his assertion.“I agree about the urgency...
...same service delivered the same way with the same outcome can vary in cost from one provider to the next by as much as 300 percent,” Baker said in a statement to the Globe. “There is no other sector of the economy anywhere in this country in which that kind of price variability with no appreciable difference in service or product quality can sustain itself...