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Reply to " Federal Govt an Artificial Job Market? Admin Changes, Private Sector Adjusts—Why Not Train for Portable Skills?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Comparisons of fed work to the private sector are stupid. There are precautions that need to be put in place to ensure continuous public service. No one competent would take a job at a private company knowing there will be a complete overhaul of management every 4 years and that they can be fired at the whim of the new CEO.[/quote] Umm this happens all the time I'm the private sector often less than every 4 years[/quote] You’re telling me there are companies where “all the time” there is predictably a complete change over in management every 4 years? Please cite the businesses where this happens. I don’t mean companies where there have been multiple changeovers by happenstance, I mean where people go in knowing there will be a purge every 4 years. Also I’d love to know how these jobs pay compared to the public sector [/quote] High turnover in leadership is common in many private-sector industries, especially in tech, consulting, finance, and entertainment, where people expect frequent executive shakeups, restructures, and performance-driven exits. In big tech, leadership churn is constant. Meta has restructured multiple times—pivoting to the metaverse, then back to AI, leading to major exec departures. Google’s leadership changes frequently, from Sundar Pichai taking over Alphabet to continuous VP and director-level turnover. At Amazon, leadership shifts regularly across AWS and retail divisions. Despite the instability, engineers and senior staff earn $200K–$500K+, far outpacing most industries. Consulting firms like McKinsey and Bain run on an "up or out" model—employees expect to leave or get promoted within 3-4 years, creating predictable churn. Salaries start at $175K–$250K, with partners earning $500K+. The same pattern exists in investment banking—Goldman Sachs analysts usually last 2-3 years before moving up or out, and hedge funds like Citadel pay $500K–$1M+ but have brutal turnover. Entertainment is another prime example. Disney has gone through multiple CEO changes, with Bob Iger returning after Bob Chapek's ousting. Their acquisitions and strategy shifts—like the Disney-Hulu merger and ESPN streaming push—cause leadership shakeups across divisions. Netflix has also seen key execs leave as streaming competition heats up.[/quote] I’m in the private sector and have not seen such churn myself but obviously it exists. What I really appreciate from feds are the “old hands.” No, they don’t have to be actually old but experienced. People who truly know their stuff and are calm and competent. Some of our laws and regulations take significant time to understand and administer. These are the people I hope we can retain. Yes, everyone is ultimately replaceable but as a USG “customer,” this talent and knowledge is I want in my public servants. [/quote]
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