Government employees already face a pretty substantial pay cut compared to the private sector. For people on an engineering track, you're looking at double-digit percentage paycuts, but for the upper echelons of management track, where the comparatives are being C-suite at a medium-sized company, it's starting to look like a 90% paycut. This means you have issues recruiting people to fill these roles.
Adding on a permanent pecuniary pay element for life is most likely to result in people finding various wheezes to get around that pay cap (I suspect in the form of undeclared gifts, not unlike the recent revelations of a certain Supreme Court justice). And it would tend to increase corruption, since now the incomes of these people are more heavily reliant on under-the-table payments from patrons who now need to be kept happy.
Under the table is good. The IRS will have something to say about it.
The engineer example doesn't follow. Its also not a pay cut.
Take for example 300k comp for your avg. eng 300k avg last 5 years avg comp. Goes to Gov. High cap is set at 300k. Gets a salary of 120k while with govt. He can leave govt, and go back to earn 300k. No problem.
He can even earn the gap between 120 and 300 also during his govt job. So he can maintain his QoL
This is really not a problem at all.
It doesnt punish success before govt.
It punishes sucess after govt. (Speaker fees anyone?)
The problem currently is that govt attracts people that want to make a career (and profit) out of it. I posit, thats exactly the people you dont want in govt.
> I posit, thats exactly the people you dont want in govt.
You want highly competent people in government. If generally they can make significantly (e.g. even 10x or more, I'm talking about upper management/CEP level position of course) in the private sector more often than not they will do that. The public sector will be left with the leftovers.
The revolving door is a problem, but your proposed solution is…let’s be charitable and say it’s something that would be proposed by an academic, rather than a realist.
Adding on a permanent pecuniary pay element for life is most likely to result in people finding various wheezes to get around that pay cap (I suspect in the form of undeclared gifts, not unlike the recent revelations of a certain Supreme Court justice). And it would tend to increase corruption, since now the incomes of these people are more heavily reliant on under-the-table payments from patrons who now need to be kept happy.