RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
Until last year I worked in the private sector. My employer paid 100% of the health insurance for the worker (but nothing for spousal or family coverage.) I also got bonuses based on profits, a hefty year-end bonus and matching contributions to my 401k. Since going to work for the public sector, I have taken a significant paycut. And, of course, I no longer get bonuses.
Although the current public employee retirement package is more generous, I am a long way from retirement and those benefits may or may not be there by the time I retire. What is important to me right now is my take-home pay. With 3 kids, we qualify for food stamps off the amount I now make. This is distressing, considering that I have 2 college degrees and do a professional-level job. Where in our budget could we possibly take the money to pay health insurance costs, too?
I also saw much more "waste" in the private sector - there was not the same emphasis on saving supplies, running out the last drop of toner, not paying for travel, etc. And the boss lived much "higher on the hog" than my public-sector boss! I think people look at the taxes they pay as a give-away, but they don't realize that all those private sector costs are built into every single thing they buy each day. It's much more obvious when it's paid in a single lump once a year (taxes).
posted 2 years, 10 months ago
view in context