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I should have just got on PREP..
Additional Posts in Federal, Government, and Public Sector
MITREs Glassdoor rating is like a ski slope.
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FEPCA was supposed to at least partially address that, but no administration has had the cajones to actually let the law be implemented since 1990.
That aside, I fully agree. The financial regulators are the only ones with halfway competitive pay scales, and they're a tiny, and largely niche, part of the government.
As someone who joined the feds from biglaw, the ONLY thing that made the 50% pay cut worth it was the significantly better work life balance, more opportunities to WFH, and more autonomy over my cases (with no BS extra work from clients and partners). If any of those goes away, I’m out.
I 100% agree but politics mean that it would never be changed. It would just be people complaining about their taxpayer dollars going to bureaucrats, and the government will continue to outsource to contractors. It's silly because the government would be way more efficient and responsive if it could consistently get the best and brightest..
Imagine a college pipeline of top new grads going into government instead of consulting/banking/tech
I do know that in the private sector of what I do we are heavily underpaid compared to the GS guys. I know I personally have been trying to het a GS job, I would say be thankful you have that GS job. They get a ton more paid holidays compared to us and they all make considerably more than we do.
This is part of the issue. The government really needs to update/modernize its recruitment/HR/hiring policies. So many job descriptions are completely outdated and the GS system was designed back when most government employees were either clerical/administrative or manual laborers - in either case, most jobs didn’t require even a HS diploma and those hourly wages were comparable to what was being paid in the commercial market.
As the government changed and they started hiring a better-educated and more professional workforce that expected an annual salary vs. an hourly wage, the government hasn’t really caught up. They’re still paying for time spent at work vs. results achieved. They do the same to contractors because they can’t figure out how to pay for deliverables instead of time.
The issue is on the other end of that spectrum. Too many wasteful jobs and the inability of govt to get rid of unnecessary positions or remove people from bad fits. This would accelerate all the perverse incentives within government and blow out budgets. And all that talent would get tarpitted in the bureaucracy and then leave for the private sector anyways.