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worstatit t1_j4y0qab wrote

State jobs are known for security and benefits, not high pay. Health insurance, vacation, sick time, holidays, etc. all have value.

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TacoNomad t1_j4y3t7y wrote

Sure. But for people with degrees, they don't compete with the civilian sector. Those jobs have vacation, sick time, holidays, health insurance and all those benefits too. Plus higher pay.

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OccasionallyImmortal t1_j516bl2 wrote

Private companies offer these benefits, but nowhere near the level of State jobs. The primary benefit the State offers over the private sector is job security. Permanent layoffs are common in private sector work, but almost unheard of in State jobs.

Retirement benefits are night and day. Private sector jobs have 401k's that are limited by the amount you saved and the wisdom of your investments. The State offers pensions: limited only by your pay rate + time served, and they pay until you die.

Health insurance benefits have substantially lower deductibles, co-pays, and employee contributions. A friend of mine works for the state and hates his job, but cannot afford to leave because his wife has chronic health issues that would cost him an extra $20K per year on typical health insurance. He'd be lucky to get that big of a raise in the private sector.

Vacation, sick, and holidays vary considerably.

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TacoNomad t1_j51qfex wrote

Well plenty of companies offer job security, but the state has people convinced otherwise, so they're doing a good job marketing that. I just left a company that had a pension and a 401k and stock options. 401ks are not negative compared to pensions and anyone who thinks so just doesn't understand 401k. It's a lack of financial awareness, not a deficiency.

I have excellent health care, better than my moms who is a state worker. I pay $0 per month for it.

Depending on what industry your friend is in, they're probably selling themselves short.

You're speaking like every employer is Walmart. It's not. The state pays substantially less and in many industries, the 'benefits' don't outweigh the pay difference.

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OccasionallyImmortal t1_j51ra6a wrote

>You're speaking like every employer is Walmart.

The comparisons are mostly in IT since it's the field that I work in. I've worked as a contractor in State facilities and they do make a LOT less money ~15-20% less. Layoffs are a way of life in my industry. Survival instincts include seeing the signs of a layoff before they start and getting out. This is something that people who work in government jobs never seem to do and it's common to find people who worked there for decades. In IT, 7 years is a long-timer.

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Lethander2 t1_j52e7ms wrote

The pensions did take a hit in 2019, it changed over from a full pension system to a hybrid pension/401A system for any new hires after January 2019.

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