Compare the true total compensation between public and private sector jobs.
Compare total compensation when factoring in employer pension contributions
To match this public sector role's total compensation, you'd need a private sector salary of £42,367 with 5% pension.
Note: Public sector pensions (like Civil Service Alpha, NHS, Teachers') are typically defined benefit schemes, meaning they guarantee a percentage of your salary in retirement. Private sector pensions are usually defined contribution, where the final amount depends on investment performance.
The actual value of a defined benefit pension can be significantly higher than the contribution percentage suggests.
Find civil service, NHS, and other public sector jobs with generous pension benefits.