ALBANY, N.Y. (AP) — Focusing on benefits alone provides only a partial snapshot of employee compensation.
The old rule of thumb was that public-sector workers enjoyed better benefits and job security to offset lower pay and that the two sectors would come out close to even when comparing salary plus benefits. Demonstrating whether that's true gets tricky.
In many cases, public workers earn more for jobs lower on the income scale, but can lose that advantage for higher-end professions.
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