While the federal government is known for relying on contractors to manage specialized tasks and bridge skill gaps, this approach is too expensive as a long-term resourcing solution. In FY2023 alone, DOD contract obligations and payroll spending totaled $609.2 billion - 2.2 percent of the country's gross domestic product (GDP). For federal workers with a master’s degree or higher, their total compensation is, on average, lower than that of federal contractors with similar education and skill sets. Contractors can be useful in providing specialized knowledge, but they are also more expensive than federal workers – and they don't offer the same cost-effectiveness and mission commitment as a well-equipped and upskilled internal workforce.
At many agencies, contractors outnumber federal employees by more than two-to-one with an estimated government spending of $427 billion on contracted services last year a ..
Support the originator by clicking the read the rest link below.