Almost 1 in 5 Alaska state jobs is vacant as agencies struggle to hire, retain employees - Alaska Public Media

July 21, 2022The top employees of the Alaska Permanent Fund Corp. are some of the highest-paid public workers in Alaska, but with wages rising across the country and employers competing for skilled labor, even the Permanent Fund is struggling to keep employees from leaving.

Employees from the Permanent Fund Corp. are in charge of investing the fund in such a way that the transfers will continue without hurting the fund’s long-term value. During a late-May discussion about staffing issues, AIDEA board chairman Dana Pruhs asked whether more positions might need to be outsourced. Later in the meeting, Pruhs apologized for inadvertently insulting current staff and offered to quit the board. He remains a member.

The Alaska Marine Highway System is offering a $5,000 bonus for new employees from the Inlandboatman’s union and has hired a professional recruitment agency to help. “Compensation was a consideration for me, and it is for everyone who leaves,” said Steve Moseley, formerly head of the Permanent Fund’s alternative investments division.

“Compensation is a real issue,” Moseley said. “I didn’t leave just over money, but it’s the easiest thing to measure, and probably because it’s one of the hardest things to fix, it remains one of the biggest problems, and I think it explains the turnover .”

A state drowning in free money can’t compete with salaries and pensions. It’s the most laughable thing I’ve ever seen.

why would anyone want to work with racist?

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