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Comparing Public & Private Sector Compensation

Comparing Public & Private Sector Compensation. Presentation to the board by: Dr. David Rasmussen, Dean of the College of Social Sciences & Public Policy, Florida State University , June 7, 2011. A Gross Comparison of Public and Private Total Compensation .

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Comparing Public & Private Sector Compensation

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  1. Comparing Public & Private Sector Compensation Presentation to the board by: Dr. David Rasmussen, Dean of the College of Social Sciences & Public Policy, Florida State University, June 7, 2011

  2. A Gross Comparison of Public and Private Total Compensation

  3. Factors that Cause Wage Differentials • Education • Skills • Experience • Benefits (including post-retirement) • Security • Cost of Living • Compensating Variations

  4. Tallahassee, FL – Austin, TX Cost of Living Comparison 100 = National Average • Austin is 22% more expensive than Tallahassee

  5. Does Tallahassee Pay too Much?

  6. Case 1: Police

  7. Case 2: Department Directors

  8. Case 3: Comparisons with Private Sector

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