“$1MM Per Minute In Salaries, $22BN Per Year In Vacation Pay” And Other Fun Facts About The Federal Workforce

Thursday, December 28, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Wed, 12/27/2017

The folks at Open The Books decided to take a deep dive into the salaries of 1.97 million federal employees, using data collected from the Office Of Personnel Management and the USPS via FOIA requests, and the endless examples of excessive pay and pure waste are sure to make you sick, if not downright suicidal. Here are just some of the key takeaways as summarized by OTB:

1. The federal government pays its disclosed workforce $1 million per minute, $66 million per hour, and $524 million per day. In FY2016, the federal government disclosed 1.97 million employees at a cash compensation cost of $136.3 billion.

2. Over a six-year period (FY2010-2016), the number of federal employees making $200,000 or more has increased by 165 percent; those making $150,000 or more has grown by 60 percent; and those making more than $100,000 has increased by 37 percent.

3. On average, federal employees are given 10 federal holidays, 13 sick days, and 20 vacation days per year. If each employee used 13 sick days and took 20 vacation days in addition to the 10 federal holidays, it would cost taxpayers an estimated $22.6 billion annually.

4. In FY2016, a total 406,960 employees made six-figure incomes – that’s roughly one in five disclosed federal employees. Furthermore, 29,852 federal employees out-earned each of the 50 state governors receiving more than $190,823.

5. At 78 out of the 122 independent agencies and departments we studied, the average employee compensation exceeded $100,000 in FY2016.

The Rest…HERE

One Response to ““$1MM Per Minute In Salaries, $22BN Per Year In Vacation Pay” And Other Fun Facts About The Federal Workforce”

  1. […] Source: “$1MM Per Minute In Salaries, $22BN Per Year In Vacation Pay” And Other Fun Facts About … […]

    #3514244

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter