Answer to Question #59873 in Economics of Enterprise for kevin mcgovern

Question

explain why accountants in the public sector are often paid less than those in the private sector

Answer 1

Average pay levels vary between the public and private sectors because of the different jobs and characteristics of the people within each sector.
For those who fall within the top 5% of earners i.e. the highest paid, public sector workers earned on average around 8% (13% when further accounting for the different organisational sizes) less than private sector workers in 2014.