Friday, 21 November 2008
Government "Unknown" Employee Salary?
Today, Statistics Finland published some interesting data about earnings.
First you learn that working for the central government is better rewarded than the working for the private sector. You learn as well that there is no huge difference to work for private or local government.
"The average monthly earnings of all full-time wage and salary earners amounted to EUR 2,734 in the last quarter of 2007. The average earnings of wage and salary earners in central government amounted to EUR 2,984, in the private sector to EUR 2,749 and in the local government sector to EUR 2,513."
It's a big surprise for everyone that though that since the public sector is funded by tax payers and because is relatively safe sector (low risk of being fired), you should necessarily have lower salary...alas, it's not true, because of the dinosaurs..."the dinosaurs", what's that? you are saying?..
Let me explain.
In Wikipedia, you will find that dinosaurs mean:
"In English, "dinosaur" is commonly used to describe anything that is impractically large and slow-moving."
Back to Statistics Finland :
"The level of earnings rises until retirement age also among wage and salary earners in the local government sector, whereas in the private sector wage and salary earners' earnings start to decline after reaching the age of 50."
Now, let's go to something quite exceptional that can probably only be found in the public sector: the "Unknown" employee.
So, there are some employee that work for the government, that nobody knows what they are doing and are earning almost as much as an average earner in the private sector...Quite amazing?