Public sector now paying better than private firms, says SRC

The Salaries and Remuneration Commission (SRC) says the public sector is now paying better than private companies, attributing this to high retention rate of civil servants.

SRC chair Lyn Mengich said the retention rate in the sector remains at 95 percent and that only 1 percent public sector employees are lost to the private sector. The remaining four percent, she explained just move across government departments and agencies.