Wednesday, February 13, 2019

Teachers’ salaries—not what you think

Some questioned my figures for hourly wages for teachers (in a post about the union strike in Colorado on Facebook) being on average $60/hour.  However, the latest I've found is $61.91--$41.41 is the wage, and $20.50 the benefits. Sept. 2018 figures.

Benefits for public employees are far more generous than private sector. "Total employer compensation costs for private industry workers averaged $34.53 per hour worked in September 2018. Total employer compensation costs for state and local government workers averaged $50.03 per hour worked in September 2018. "

For the most part we don't pay federal income tax on our benefits, and the government is lusting after that--believing it belongs to the federal government. The employers get a write off too. Imagine the "windfall" to the federal government to waste with just the medical deductions from workers and the business write off costs for the employers.

Kamala Harris must be swooning at the thought!

No comments: