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How to Set Compensation for Government Employees

Government compensation-setting should be informed by the monitoring of trends in recruitment and retention and benchmarking against the private sector. Unduly high compensation is an inefficient use of resources, while insufficient compensation can hinder efforts to recruit, retain, and motivate th...

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Bibliographic Details
Main Author: Thevenot, Celine
Other Authors: Walker, Sébastien
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2024
Series:IMF How To Notes
Subjects:
Private Pensions
Labour; Income Economics
Social Security
Employment; Economic Theory
Nonwage Labor Costs And Benefits
Wages, Compensation, And Labor Costs: General
Economics: General
Unemployment
Aggregate Labor Productivity
Public Employment
Economic Sectors
Aggregate Human Capital
Welfare & Benefit Systems
Labor
Non-wage Benefits
Economics Of Specific Sectors
Labor Force And Employment, Size, And Structure
Informal Economy
Foreign Exchange
Compensation Packages
Wages, Compensation, And Labor Costs: Public Policy
Bonuses; Employee Fringe Benefits
Bonuses
Payment Methods
Employee Fringe Benefits
Macroeconomics
Underground Econom
Wages
Taxation
Intergenerational Income Distribution
Personal Income And Other Nonbusiness Taxes And Subsidies
Employment
Personnel Economics: Compensation And Compensation Methods And Their Effects
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Government compensation-setting should be informed by the monitoring of trends in recruitment and retention and benchmarking against the private sector. Unduly high compensation is an inefficient use of resources, while insufficient compensation can hinder efforts to recruit, retain, and motivate the workforce needed to deliver adequate public services. Analyzing these factors at a granular level, for example, by occupation or position, can help to identify specific challenges
Physical Description:15 pages
ISBN:9798400272653

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