Apologies if this has been done to death, and no trolling, arguing or the usual rubbish please.
I am genuinely interested in the direct comparison between Public sector and Private sector compensation.
It is evident that it boils down to Pay, Pension and Retirement age.
If we leave the 1% extremes at the door and look at the average employee for both sectors it is apparent that average pay looks about the same. Some research states that Public sector get paid 7% more, some say they get paid 5% less and a lot depends on again the way you use the data, but I would conclude that on average, pay is about the same.
Pension wise, this seems to be quite evident that Public sector final salary pensions are far better than that in the private sector and even with the cuts proposed they are still better. Is this a fair assessment?
Retirement age I am not sure about. I understand some uniformed staff in the public sector retire earlier, but for good reason, and the rest of the staff are now being asked to work to the state retirement age. Is this correct?
As an outsider looking in, it would seem fair that between the two sectors, the pay, pension and retirement age (in an ideal world) would be the same and the government at the moment are trying to address this after it being skewed or many years.
Is this a fair assessment?

