Still, I agree there's a problem with salaries not being competitive. I've interned at DOE labs before and lots of people don't stay for long.
Still, I agree there's a problem with salaries not being competitive. I've interned at DOE labs before and lots of people don't stay for long.
But go up and those 180k jobs would be easily 300-400K in the industry. I doubt anyone who can do that work would be interested in a measly 180K. Unless it comes with a visa...
Most of these jobs on the other hand seem to be US citizens only. Some require a security clearance which a lot of AI experts would probably rather NOT have.
The govt has record vacancy at the local, state, and federal levels for jobs[0][1][2]
Even taking steps to lower barriers to entry, they can't fill them.
[0]: https://www.forbes.com/sites/christianweller/2023/02/09/amid...
[1]: https://www.axios.com/2022/07/11/government-jobs-pandemic-re...
[2]: https://web.archive.org/web/20231002185558/https://www.nytim...
The thing about FIRE is you actually need way more money than regular retirement, because you have to plan for a 40+year retirement instead of a 15-20 year one. On top of that you need a higher margin to account for uncertainty.
There's "barista FIRE" (save enough and then go work as a barista, typically at starbucks because they had unusually good benefits, but I don't know if all that has changed after the unionization), but honestly working for the government seems like it could be even lower-stress than being a barista.
Wage rates should be higher.
At a DOE lab in my second year of PhD I was getting ~$50/hr. When I've interned at other places I've gotten to about $60/hr. That's still below the typical rate of $80-$100/hr for a new grad (we're just talking base salary, no comp or bonuses). Definitely not market rate.
For the $180k, that's a bit tougher. Since this is all cash. I'm not aware of anyone who pays $300k all cash to newly minted PhDs except for Netflix. Otherwise that number is competitive with typical base salaries. But like you say, with equity that number doubles and so isn't competitive that way. There are benefits to a gov job (way more relaxed) but you're turning down a lot of money, that's for sure. And of course, the salaries are only competitive for newly minted PhDS, not for anyone that's been in the field post PhD for 5+ years.
You can expect to find some experts with a stronger sense of civic duty willing to take a pay cut to work for the government, but when you're talking about multiple multiples of your salary, you're going to be left with people who are not top talent or those who are already so wealthy from other jobs that they're willing to work for much less.
Usually too, the top end of the salary is never going to be offered for a govt job, because they need to be able to give you raises at your level before your next promotion. There's lots of hoops that you end up going through with gov jobs that don't exist in private industry, like pay band caps and promotion schedules that are most often seniority based rather than merit based.
It is stable, and the retirement benefits are really great. The healthcare used to be spectacular but for newer hires the healthcare benefits are more in line with what you get at a private company with good benefits that isn't a FAANG. IE, you'll still have to contribute, the government doesn't pay 100% cost of insurance anymore.
source: I used to work for the government, and know many government workers via my past work, friends, and family at the state and federal level