Of my peers, the people I was in college with, the ones who are in private sector are paid vastly more than the ones who are in public sector. This doesn't reflect any difference in ability.....it really just reflects where they got their first job out of college.
Why don't you tell us what segment of the community you are in so why can say why you are overpaid, receive too many benefits, being subsidised by the state, don't pay enough taxes or are in some way ripping off the system......
I work for an MNC in IT which is better paid than most indigineous industry. And pay and conditions are quite good but nothing like Public Sector. 3 of my brothers work in PS and 1 sister so I am aware of all the type of allowances they get over an above basic salary and the other terms and conditions of employment. Guards can retire after 30 years service on full pension for example, find me one private sector company that offers 50% of salary + lump sum after 30 years
My holidays = 20 days pa
Sick pay = 20 days pa has to be certified by doctor from day 1 and interviewed on return to work
No pay increase for the last 3 years (but no pay cut either thankfully)
Company downsized staff by 45% due to closure of part of the business
No reduction in IT systems to support but big reduction in headcount.
No paid overtime but have to do lots of it.
No bonuses all cancelled
Pension contribution increased to pay for fund deficit
No paid maternity leave (only social welfare rate 260 per week)
I know from looking at PS pay rates that my type of job would pay 20% - 30% more in PS.
I agree that your friends probably can earn more because in the private sector you can advance faster than Public SEctor but this is due to your own unions supporting people being promoted through years of service rather than ability. Your friends can also be fired a lot faster than you can.