04/25/2024 | News release | Distributed by Public on 04/25/2024 12:04
Compared with private-sector employees, the average compensation costs for federal employees in 2022 were greater among workers whose education culminated in a bachelor's degree or less, but lower among workers with more education.
In this report, the Congressional Budget Office compares the cost that the federal government incurred in 2022 for the wages and benefits of its civilian employees with the cost that private employers incurred for employees who appear similar in their educational attainment and other observable characteristics likely to affect wages.