How to Set Compensation for Government Employees

Celine Thevenot and Sébastien Walker

No 2024/003, IMF Fiscal Affairs Department from International Monetary Fund

Abstract: 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.

Keywords: government employment; compensation; performance-related compensation; salaries; allowances and benefits; government employee; government-private sector compensation premium; salary share; share of compensation; pay structure; Wages; Non-wage benefits; Public employment; Bonuses; Global (search for similar items in EconPapers)
Pages: 15
Date: 2024-04-04
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