(Answer): Yes.

by w3woody

Are Government Employees Overpaid?

FederalWages landingpage

One thing the CBO study did not try to address is how hard government employees work compared to those in the private sector: …

The study also does not consider job security. There can be no doubt that federal employees enjoy much greater job security than those in the private sector. It is not unreasonable to conclude that federal employment is a very good deal: 16% more compensation, on the average, perhaps for doing less work, and certainly with better job security.