Pay Levels for Some Risky Jobs

16456116With deference to the recently retired David Letterman, who doesn’t love a Top 10 list? Especially when the title is “The World’s 10 Most Extreme Jobs.”

This entry offers warning signs for each profession. With cave diver, for example, the cautions are: Drowning due to lack of oxygen; decompression sickness; breathing the wrong gas mixture; and improper training could be fatal.

The jobs, and salaries, associated with each:

  • Cave diver: $58,640
  • Crocodile physiologist: $62,500
  • Whitewater rafting guide: $6,675 per season
  • Skydiving instructor: $24,000
  • Mount Everest guides: $5,000 per season
  • Professional stuntman: $70,000
  • Storm chaser: $60,968
  • Venom milker: $30,000
  • Smoke jumpers: $33,000
  • Safari guide: $73,000

Check out the complete listing for descriptions and warnings.

Pay for Federal Workers Not Jibing with Market Rates

Some people think public employees get paid too much. Some say too little. I’d imagine that really depends on the situation, though both examples can likely be found. However, a report from USA Today indicates federal employees may be getting seriously overpaid compared to going rates in the private sector. Public employee unions argue, however, that this is due to an increase in educational requirements to perform federal jobs. Not sure, but it’s tough to see these numbers and not think something is askew:

At a time when workers’ pay and benefits have stagnated, federal employees’ average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds.

Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private workers has doubled in the past decade.

Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available.

The federal compensation advantage has grown from $30,415 in 2000 to $61,998 last year.

Public employee unions say the compensation gap reflects the increasingly high level of skill and education required for most federal jobs and the government contracting out lower-paid jobs to the private sector in recent years…

What the data show:

  • Benefits. Federal workers received average benefits worth $41,791 in 2009. Most of this was the government’s contribution to pensions. Employees contributed an additional $10,569.

  • Pay. The average federal salary has grown 33% faster than inflation since 2000. USA TODAY reported in March that the federal government pays an average of 20% more than private firms for comparable occupations. The analysis did not consider differences in experience and education.

  • Total compensation. Federal compensation has grown 36.9% since 2000 after adjusting for inflation, compared with 8.8% for private workers.

Feds See Increase in Six-Figure Salaries During Recession

So your business may very well be feeling the pinch these days. In the federal government, however, it seems business, and salaries, are booming. USA Today recently examined the situation that has one Utah Congressman up in arms, saying "There’s no way to justify this to the American people. It’s ridiculous." The USA Today writes:

The number of federal workers earning six-figure salaries has exploded during the recession, according to a USA TODAY analysis of federal salary data.

Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession’s first 18 months — and that’s before overtime pay and bonuses are counted.

Federal workers are enjoying an extraordinary boom time — in pay and hiring — during a recession that has cost 7.3 million jobs in the private sector…

Key reasons for the boom in six-figure salaries:

Pay hikes. Then-president Bush recommended — and Congress approved — across-the-board raises of 3% in January 2008 and 3.9% in January 2009. President Obama has recommended 2% pay raises in January 2010, the smallest since 1975. Most federal workers also get longevity pay hikes — called steps — that average 1.5% per year.

New pay system. Congress created a new National Security Pay Scale for the Defense Department to reward merit, in addition to the across-the-board increases. The merit raises, which started in January 2008, were larger than expected and rewarded high-ranking employees. In October, Congress voted to end the new pay scale by 2012.

Paycaps eased. Many top civil servants are prohibited from making more than an agency’s leader. But if Congress lifts the boss’ salary, others get raises, too. When the Federal Aviation Administration chief’s salary rose, nearly 1,700 employees’ had their salaries lifted above $170,000, too.

In the article a government affairs director for the Federal Managers Association contends, "the federal workforce is highly paid because the government employs skilled people such as scientists, physicians and lawyers," adding that federal employees make 26% less than private workers for comparable jobs.

What do you think? Is this government spending careening out of control, or are these salary increases just?