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Monday, August 29, 2005

More Proof of Growth In Non-Profit Sector

Here is an article from the Philadelphia Inquirer that substantiates a prior post where I stated the non-profit sector is one of the fastest growing sectors of the economy.

The most interesting tidbit (to me) in the article was the wide variation in the average wage paid to employees (depending on which segment of the economy employed them). According to the story, the government sectors pay the highest average wage today AND I would venture it also provides the most expensive benefits and pension plans. Here are the average weekly wages by sector for the state of Pennsylvania in 2003:

  • Non profit sector $641
  • For profit sector $679
  • Local govt. $737 or 9% higher than for profit sector
  • State govt. $843 or 24% higher than for profit sector

So our government workers are the highest paid and get the best benefits. Sweet huh! Below I have provided the link to the story.

1 comment:

Eddie said...

How nice that we in the private sector paying the bills, provide the government, non-productive sector with such lavish benefits.