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by smallnamespace 806 days ago
> there’s no reason

The reason as always is politics.

For example, the Federal civil service ("general service") pay scale tops out around $160k. This really doesn't make sense and costs the government multiples of market wages for hiring for roles where market pay is higher than this. One route is to hire that person via a contracting firm with a huge (double or triple) markup.

And of course the reason we don't just revamp the pay scales and pay market wages is because it's political suicide to pay people half a million or more at market rates.

The American people, on average, don't like the level of wage inequality in society. For any particular issue where you shove it in their faces (like proposing to pay the project lead "competitive salary"), you will get shouted down.

That's also why we get strange arrangements like Congress members making around $170k a year with legal insider trading. The insider trading money they make looks like "free" and isn't easily quantified.

1 comments

Great connection you make on the insider trading! That never occurred to me despite recently being fed up with local mayoral candidates; looking at mayor comp and immediately noping out because a substantial paycut for the pleasure of dealing with the biggest BS imaginable seems rather unattractive.