If you are a professor in the United States, you are likely to be getting paid well.
A recent survey of the top 200 top paid professors found that the median salary of the US’s top 500 is about $100,000, and that of the country’s top 1000, that figure is $300,000.
But those numbers do not include the salaries of many of the nation’s top paid employees.
The Bureau of Labor Statistics (BLS) recently published a report that listed the top 100 highest-paid American public servants.
The list is comprised of about a dozen senior managers and senior researchers, including NASA administrator James Hansen, the director of the National Institute of Standards and Technology, and a retired Army lieutenant general.
Among the top 10, there were about four hundred people who were also among the top 250 in the US.
All told, the top five highest-paying US public servants make more than $2.3 million, with the top ten earning over $3.6 million.
But how much does a top professor earn in the public sector?
A University of Michigan economist, Dan Kahan, has a great article in The New York Times that lays out the numbers.
Kahan’s numbers suggest that the average salary of a US public servant is about 80% higher than what a professor makes.
That is, it is worth about $1.3 billion more to a professor, compared to a typical non-professor, in Kahan and his colleagues’ calculations.
But as Kahan points out, this is not to say that the salaries for US public sector workers are lower than for the rest of the workforce.
For example, according to a recent report by the Congressional Budget Office, the average hourly wage for the US private sector is $18.25, compared with $24.83 for public sector employees.
So while the public service pays for more than 90% of the salaries paid to US workers, it pays only about 8% of what the average private sector worker makes.
As the authors point out, the public and private sectors are not interchangeable in terms of wages, and therefore, “the wage gap between them remains substantial.”
Kahan also points out that the US does not pay its public sector workforce much more than what other countries pay their workers.
For instance, according the OECD, the US average hourly wages are only $13.11 compared with the average for OECD countries.
And in 2013, the Bureau of Economic Analysis estimated that the federal government paid the equivalent of only $4,000 to its workers, compared the average of $19,000 paid by private employers.
The public sector also pays higher than private sector workers in a number of other areas.
According to Kahan the federal public sector paid its employees nearly $7 trillion in salaries and benefits in 2014, while private sector employers paid employees nearly a quarter of that amount.
Kans work also shows that there are significant differences between how much people in the two sectors make.
In Kahan et al., they calculate that the public-sector pay of a full-time professor is $130,000 a year, whereas the average annual pay for a public-service professor is only $35,000—about $15,000 less.
Kagan also found that public- and private-sector workers in general earn about 20% more than their non-public sector counterparts.
Kogan’s data also shows a similar trend for how much an American worker makes in a given year.
As Kahan notes, the median annual pay of US public- service workers is $37,600, while the average yearly pay of private- sector employees is only about $29,200.
This means that while a public sector employee might make a lot of money, their salary is actually higher than the pay of the average American worker.
But Kahan adds that while the US public service workforce may be more well-paid than the rest, this does not mean that there is no pay gap.
According the data, there is a wage gap in the workforce between those in the private sector and the public, and this gap is growing.
According a report by Demos, the pay gap between public and non-profit employees grew from $4.1 billion in 2007 to $9.5 billion in 2013.
In 2016, the ratio of the total workforce to the private- and public- sector workforce in the country was 4.6.
In contrast, the workforce in India, China, Brazil, Russia, and India, the world’s largest economies, are still faring far better than the US, according Demos.
In fact, India and China are the two countries with the highest ratio of private to public employees of any country in the world, according data from the World Bank.
The gap between the two levels is much greater in America than in India and in Brazil.
In other words, while Americans are earning less than their counterparts in India or China, they are