MuskogeePhoenix.com, Muskogee, OK

Opinion

December 17, 2013

Keep compensation in balance

Legislators’ top priority in revamping state employees’ compensation should be to ensure workers are not harmed and that Oklahoma remains competitive in the job market.

It would appear Oklahoma is at a disadvantage when attempting to hire employees.

Private sector employers pay their workers more than 7 percent more in salary.

However, a recent study shows Oklahoma state workers’ lower wages are offset by better-than-average  health and retirement benefits.

Lower salary is made up by more generous benefits.

The two go hand-in-hand when job candidates consider employment offers.

State legislators are considering several changes in employee compensation.

We agree the state should change its retirement systems to better match what is offered in the private sector.

Legislators are considering shifting from pension plans to a defined-contribution system such as a 401(k).

That’s a good idea as long as current state employees’ compensations are not ravaged in the process.

The study, according to The Associated Press, also recommends:

• Pay hikes for targeted workers and a performance-based pay initiative.

• Changing employee benefit packages.

• Discouraging the use of across-the-board pay increases or salaries that are covered under state statute.

Those are good recommendations.

State workers may make less than their counterparts in the private sector, but good benefits help balance that inequity.

Legislators should remember that balance when making changes to employees’ compensation packages.

1
Text Only
Opinion
AP Video
Death Penalty Expert: 'This is a Turning Point' House Committee at Odds Over Obama Lawsuit Raw: MH17 Victim's Bodies Arrive in Netherlands Raw: UN School Used As Shelter Hit by Tank Shell Raw: Gunmen Attack Iraqi Prison Convoy Plane Leaves Ukraine With More Crash Victims The Rock Brings Star Power to Premiere Raw: Families Travel to Taiwan Plane Crash Site Arizona Execution Takes Almost Two Hours Gen. Odierno Discusses Ukraine, NATO at Forum Gaza Fighting Rages Amid Cease-Fire Efforts Mint Gives JFK Coin a Face-lift Creative Makeovers for Ugly Cellphone Towers Ariz. Inmate Dies 2 Hours After Execution Began Crash Kills Teen Pilot Seeking World Record LeBron James Sends Apology Treat to Neighbors Raw: Funeral for Man Who Died in NYPD Custody Migrants Back in Honduras After US Deports Israeli American Reservist Torn Over Return
Poll

Should a federal judge have the power to strike down Oklahoma's ban on gay marriage?

Yes
No
     View Results
Featured Ads
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks