CA going broke, just like rest of country..

[kewp]

you sure about that? check the latest census numbers on median wage per industry…

Positive. IT security is red-hot right now and when I put out some feelers over the last year the positions were all in that range.

I will admit that in my case, I’ve made pretty much the same in both areas. The potential for upwards mobility seems much more in the private sector, however. Plus one can’t ignore bennies like stock options, 401k, etc.

The big benefit for me in the public sector is I can work a 40 hour week and still have energy for some side projects. Which may make me rich one day, who knows.

[kewp]

you sure about that? check the latest census numbers on median wage per industry…

Positive. IT security is red-hot right now and when I put out some feelers over the last year the positions were all in that range.

I will admit that in my case, I’ve made pretty much the same in both areas. The potential for upwards mobility seems much more in the private sector, however. Plus one can’t ignore bennies like stock options, 401k, etc.

The big benefit for me in the public sector is I can work a 40 hour week and still have energy for some side projects. Which may make me rich one day, who knows.

[stockstradr]

Five years ago I had no opinion on the efficiency or pay rates of CA government workers vs. private sector.

Then, thanks to introduction from a cousin, my wife and I became part of social circle made up of workers from San Diego and surrounding cities. (State, City, and County workers)

We noticed two categories:

A small minority were college-educated professionals who were UNDERpaid as gov. workers.

The remaining MAJORITY were UNeducated unprofessionals who drifted for years until “striking it rich” by squirming into cushy government jobs. They were way OVERpaid, particularly since such Bottom 20% Performers could hardly even get hired in Private Sector.

Many a weekend evening I shared beers with countless (often drunk) gov workers, who shared their honest assumptions about their gov job:

1) At work they did the Bare Minimum, knowing countless gov reg’s prevented their getting fired (except maybe if they killed a co-worker)…AND they had zero motivation because working hard doesn’t help a gov worker’s career. (Yes, government funding cuts were a risk for job cuts, but that was an unpredictable event so didn’t motivate a better job performance.)

2) To them it was ALL about doing time at the job until they could retire on a fat government pension, often achievable in merely 20 years – and typically paying out remainder-of-life benefits at 60% to 80% of salary! Holy crap; those are my tax dollars paying for THAT.

3) Many worked FOUR days a week MAX but were paid full time.

4) Health benefits were obviously BETTER than in private sector.

5) The second the clock struck their workday closing bell (usually 4:30 PM)…EVERYONE ran for the door. They said by 5 PM their offices were so empty not a mouse was creeping..

6) Those with 10+ years seniority had EIGHT to TWELVE weeks of paid vacation a year. Holy shit, they were ON PAID VACATION one day out of every four work days. No wonder our government moves with the speed of a creeping glacier

Almost every conversation was on how they could facilitate some kind of scam (double jobs, overtime..) to get highest possible salary at retirement, upon which retirement benefits are calculated.

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

[stockstradr]

Five years ago I had no opinion on the efficiency or pay rates of CA government workers vs. private sector.

Then, thanks to introduction from a cousin, my wife and I became part of social circle made up of workers from San Diego and surrounding cities. (State, City, and County workers)

We noticed two categories:

A small minority were college-educated professionals who were UNDERpaid as gov. workers.

The remaining MAJORITY were UNeducated unprofessionals who drifted for years until “striking it rich” by squirming into cushy government jobs. They were way OVERpaid, particularly since such Bottom 20% Performers could hardly even get hired in Private Sector.

Many a weekend evening I shared beers with countless (often drunk) gov workers, who shared their honest assumptions about their gov job:

1) At work they did the Bare Minimum, knowing countless gov reg’s prevented their getting fired (except maybe if they killed a co-worker)…AND they had zero motivation because working hard doesn’t help a gov worker’s career. (Yes, government funding cuts were a risk for job cuts, but that was an unpredictable event so didn’t motivate a better job performance.)

2) To them it was ALL about doing time at the job until they could retire on a fat government pension, often achievable in merely 20 years – and typically paying out remainder-of-life benefits at 60% to 80% of salary! Holy crap; those are my tax dollars paying for THAT.

3) Many worked FOUR days a week MAX but were paid full time.

4) Health benefits were obviously BETTER than in private sector.

5) The second the clock struck their workday closing bell (usually 4:30 PM)…EVERYONE ran for the door. They said by 5 PM their offices were so empty not a mouse was creeping..

6) Those with 10+ years seniority had EIGHT to TWELVE weeks of paid vacation a year. Holy shit, they were ON PAID VACATION one day out of every four work days. No wonder our government moves with the speed of a creeping glacier

Almost every conversation was on how they could facilitate some kind of scam (double jobs, overtime..) to get highest possible salary at retirement, upon which retirement benefits are calculated.

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

[stockstradr]

Five years ago I had no opinion on the efficiency or pay rates of CA government workers vs. private sector.

Then, thanks to introduction from a cousin, my wife and I became part of social circle made up of workers from San Diego and surrounding cities. (State, City, and County workers)

We noticed two categories:

A small minority were college-educated professionals who were UNDERpaid as gov. workers.

The remaining MAJORITY were UNeducated unprofessionals who drifted for years until “striking it rich” by squirming into cushy government jobs. They were way OVERpaid, particularly since such Bottom 20% Performers could hardly even get hired in Private Sector.

Many a weekend evening I shared beers with countless (often drunk) gov workers, who shared their honest assumptions about their gov job:

1) At work they did the Bare Minimum, knowing countless gov reg’s prevented their getting fired (except maybe if they killed a co-worker)…AND they had zero motivation because working hard doesn’t help a gov worker’s career. (Yes, government funding cuts were a risk for job cuts, but that was an unpredictable event so didn’t motivate a better job performance.)

2) To them it was ALL about doing time at the job until they could retire on a fat government pension, often achievable in merely 20 years – and typically paying out remainder-of-life benefits at 60% to 80% of salary! Holy crap; those are my tax dollars paying for THAT.

3) Many worked FOUR days a week MAX but were paid full time.

4) Health benefits were obviously BETTER than in private sector.

5) The second the clock struck their workday closing bell (usually 4:30 PM)…EVERYONE ran for the door. They said by 5 PM their offices were so empty not a mouse was creeping..

6) Those with 10+ years seniority had EIGHT to TWELVE weeks of paid vacation a year. Holy shit, they were ON PAID VACATION one day out of every four work days. No wonder our government moves with the speed of a creeping glacier

Almost every conversation was on how they could facilitate some kind of scam (double jobs, overtime..) to get highest possible salary at retirement, upon which retirement benefits are calculated.

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

[stockstradr]

Five years ago I had no opinion on the efficiency or pay rates of CA government workers vs. private sector.

Then, thanks to introduction from a cousin, my wife and I became part of social circle made up of workers from San Diego and surrounding cities. (State, City, and County workers)

We noticed two categories:

A small minority were college-educated professionals who were UNDERpaid as gov. workers.

The remaining MAJORITY were UNeducated unprofessionals who drifted for years until “striking it rich” by squirming into cushy government jobs. They were way OVERpaid, particularly since such Bottom 20% Performers could hardly even get hired in Private Sector.

Many a weekend evening I shared beers with countless (often drunk) gov workers, who shared their honest assumptions about their gov job:

1) At work they did the Bare Minimum, knowing countless gov reg’s prevented their getting fired (except maybe if they killed a co-worker)…AND they had zero motivation because working hard doesn’t help a gov worker’s career. (Yes, government funding cuts were a risk for job cuts, but that was an unpredictable event so didn’t motivate a better job performance.)

2) To them it was ALL about doing time at the job until they could retire on a fat government pension, often achievable in merely 20 years – and typically paying out remainder-of-life benefits at 60% to 80% of salary! Holy crap; those are my tax dollars paying for THAT.

3) Many worked FOUR days a week MAX but were paid full time.

4) Health benefits were obviously BETTER than in private sector.

5) The second the clock struck their workday closing bell (usually 4:30 PM)…EVERYONE ran for the door. They said by 5 PM their offices were so empty not a mouse was creeping..

6) Those with 10+ years seniority had EIGHT to TWELVE weeks of paid vacation a year. Holy shit, they were ON PAID VACATION one day out of every four work days. No wonder our government moves with the speed of a creeping glacier

Almost every conversation was on how they could facilitate some kind of scam (double jobs, overtime..) to get highest possible salary at retirement, upon which retirement benefits are calculated.

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

[stockstradr]

Five years ago I had no opinion on the efficiency or pay rates of CA government workers vs. private sector.

Then, thanks to introduction from a cousin, my wife and I became part of social circle made up of workers from San Diego and surrounding cities. (State, City, and County workers)

We noticed two categories:

A small minority were college-educated professionals who were UNDERpaid as gov. workers.

The remaining MAJORITY were UNeducated unprofessionals who drifted for years until “striking it rich” by squirming into cushy government jobs. They were way OVERpaid, particularly since such Bottom 20% Performers could hardly even get hired in Private Sector.

Many a weekend evening I shared beers with countless (often drunk) gov workers, who shared their honest assumptions about their gov job:

1) At work they did the Bare Minimum, knowing countless gov reg’s prevented their getting fired (except maybe if they killed a co-worker)…AND they had zero motivation because working hard doesn’t help a gov worker’s career. (Yes, government funding cuts were a risk for job cuts, but that was an unpredictable event so didn’t motivate a better job performance.)

2) To them it was ALL about doing time at the job until they could retire on a fat government pension, often achievable in merely 20 years – and typically paying out remainder-of-life benefits at 60% to 80% of salary! Holy crap; those are my tax dollars paying for THAT.

3) Many worked FOUR days a week MAX but were paid full time.

4) Health benefits were obviously BETTER than in private sector.

5) The second the clock struck their workday closing bell (usually 4:30 PM)…EVERYONE ran for the door. They said by 5 PM their offices were so empty not a mouse was creeping..

6) Those with 10+ years seniority had EIGHT to TWELVE weeks of paid vacation a year. Holy shit, they were ON PAID VACATION one day out of every four work days. No wonder our government moves with the speed of a creeping glacier

Almost every conversation was on how they could facilitate some kind of scam (double jobs, overtime..) to get highest possible salary at retirement, upon which retirement benefits are calculated.

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

[paramount]

stockstradr: I wish I had not read that, now I am even angrier.

My only glimmer of hope seems to be Ron Paul at this point.

I read last year that CalPERS invests in a hedge fund that focuses on “restructured” companies. A large part of this ‘restructuring’ was to eliminate company pension funds (for private sector employees).

[paramount]

stockstradr: I wish I had not read that, now I am even angrier.

My only glimmer of hope seems to be Ron Paul at this point.

I read last year that CalPERS invests in a hedge fund that focuses on “restructured” companies. A large part of this ‘restructuring’ was to eliminate company pension funds (for private sector employees).

[paramount]

stockstradr: I wish I had not read that, now I am even angrier.

My only glimmer of hope seems to be Ron Paul at this point.

I read last year that CalPERS invests in a hedge fund that focuses on “restructured” companies. A large part of this ‘restructuring’ was to eliminate company pension funds (for private sector employees).

[paramount]

stockstradr: I wish I had not read that, now I am even angrier.

My only glimmer of hope seems to be Ron Paul at this point.

I read last year that CalPERS invests in a hedge fund that focuses on “restructured” companies. A large part of this ‘restructuring’ was to eliminate company pension funds (for private sector employees).

[paramount]

stockstradr: I wish I had not read that, now I am even angrier.

My only glimmer of hope seems to be Ron Paul at this point.

I read last year that CalPERS invests in a hedge fund that focuses on “restructured” companies. A large part of this ‘restructuring’ was to eliminate company pension funds (for private sector employees).

[kewp]

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

It must be grueling work, “stockstradr”!!!

Btw, the various CA pension funds are all rotten with toxic debt these days, thanks to you industrious private sector folk!

[kewp]

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

It must be grueling work, “stockstradr”!!!

Btw, the various CA pension funds are all rotten with toxic debt these days, thanks to you industrious private sector folk!

[kewp]

I LAUGH at anyone who claims CA gov workers are as hard working as private sector. I do more work in my typical twelve-hour day than they do in a week.

It must be grueling work, “stockstradr”!!!

Btw, the various CA pension funds are all rotten with toxic debt these days, thanks to you industrious private sector folk!

[Author]

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