Government jobs versus private jobs
Amidst all the inconsistencies and uncertainties that surround human soul there is a persistent
desire to lead a stable and secure life. More often than not stability is linked directly with
the profession we choose and the kind of facilities it offers. Having regard to the structure
and mechanism of the government/ public sector there remains little doubt that it bestows
immense stability and security.
With globalization large number of multinational companies have entered our economy..
The handsome packages which these multinationals offer are sufficient to allure and induce
the youths who tend to overlook the long term benefits which are the public sector confers in
terms of salaries and post retirement emoluments. Be that as it may if one takes a holistic
view it is not difficult to conclude that public sector jobs confer much more benefits as
compared to the private sector. These benefits and advantages can be culled out in the
following manner.
An employee always wants stability and security in his/her job which only a government job
can provide. Apart from the basic salary which is mandatory subject to annual revision the
public sector as a matter of state policy further makes an individual entitled for several other
statutory emoluments which continue even after retirement namely dearness allowance, travel
allowance, house rent allowance, medical allowance, employee state insurance, pension etc.
It’s indeed true that the private sector is making an effort to compensate the individual with
money which refer as “CTC” (Cost to Company) however the surety whom the public sector
ensures through these benefits is undoubtedly immense. It is pertinent to note that after the
implementation of the 6th Pay Commission the pay scale in the public sector have increased
manifold.
While appreciating the monetary package which becomes the driving force one cannot
loose sight of the consistency factor. Meaning thereby one must be sure of the time span
till when the particular monetary package will benefit the individual, which surety is quite
nominal in the private sector more so in view of the fluctuating economy. On the other
hand after stepping into the public sector one is sure to continue with the organization till
the individual attains the age of retirement, subject of course to cases of suspension and
termination, which are rare. One rarely came across cases of recession in the public sector as
compared to mass job shedding in the private sector. There is proportionate work force in the
public sector keeping in mind the work load. In the private sector the work load is immense
and the necessary working hands are scarce. Private companies take more work from their
employees more than they pay. You can be called even on holidays for work, whereas in
public sector the employees have predefined and standard working hours with no overtime.
Even if a government servant is asked for on overtime they will be provided overtime
benefits. A private employee can sometimes be seen frustrated because of the work load but a
government employee is always relaxed as there is always a balanced distribution of work.
An employee will definitely look towards promotional benefits. In the public sector
promotions are mostly based on the basis of seniority and time period for which you have
served an individual department. The longer the work span the higher is the opportunity for
promotion. This can also be disadvantageous for someone who is above average as he may
not be able to grow faster. While in this context private job is preferable as promotion is
given on the basis of individual merit and performance irrespective of the time period. Private
sector job offers opportunities for high career potential growth.
It is not that government jobs have a limited scope to build up a career. Starting from arts to
commerce, engineering, medical, civil all fields include government jobs. It is the world of
competition so the selection process is done on the basis of merit. We can find every third
student preparing for competitive examination to join the public sector. It is easy to decipher
that the youths are driven by the security aspect which the public sector confers.
Last but not the least being a part of a reputed government organization bestows immense
dignity and prestige on the personality of an individual which he/ she would miss while being
part of a multi- national company which has a superior financial package.
Thus it can be concluded that one has to do a comparative analysis keeping in mind the
individual priorities before reaching the conclusion as to which is better/ superior sector to
pursue. One will have to adopt a balance approach weighing the pros and cons associated
with the individual sectors before forming an opinion.
Amidst all the inconsistencies and uncertainties that surround human soul there is a persistent
desire to lead a stable and secure life. More often than not stability is linked directly with
the profession we choose and the kind of facilities it offers. Having regard to the structure
and mechanism of the government/ public sector there remains little doubt that it bestows
immense stability and security.
With globalization large number of multinational companies have entered our economy..
The handsome packages which these multinationals offer are sufficient to allure and induce
the youths who tend to overlook the long term benefits which are the public sector confers in
terms of salaries and post retirement emoluments. Be that as it may if one takes a holistic
view it is not difficult to conclude that public sector jobs confer much more benefits as
compared to the private sector. These benefits and advantages can be culled out in the
following manner.
An employee always wants stability and security in his/her job which only a government job
can provide. Apart from the basic salary which is mandatory subject to annual revision the
public sector as a matter of state policy further makes an individual entitled for several other
statutory emoluments which continue even after retirement namely dearness allowance, travel
allowance, house rent allowance, medical allowance, employee state insurance, pension etc.
It’s indeed true that the private sector is making an effort to compensate the individual with
money which refer as “CTC” (Cost to Company) however the surety whom the public sector
ensures through these benefits is undoubtedly immense. It is pertinent to note that after the
implementation of the 6th Pay Commission the pay scale in the public sector have increased
manifold.
While appreciating the monetary package which becomes the driving force one cannot
loose sight of the consistency factor. Meaning thereby one must be sure of the time span
till when the particular monetary package will benefit the individual, which surety is quite
nominal in the private sector more so in view of the fluctuating economy. On the other
hand after stepping into the public sector one is sure to continue with the organization till
the individual attains the age of retirement, subject of course to cases of suspension and
termination, which are rare. One rarely came across cases of recession in the public sector as
compared to mass job shedding in the private sector. There is proportionate work force in the
public sector keeping in mind the work load. In the private sector the work load is immense
and the necessary working hands are scarce. Private companies take more work from their
employees more than they pay. You can be called even on holidays for work, whereas in
public sector the employees have predefined and standard working hours with no overtime.
Even if a government servant is asked for on overtime they will be provided overtime
benefits. A private employee can sometimes be seen frustrated because of the work load but a
government employee is always relaxed as there is always a balanced distribution of work.
An employee will definitely look towards promotional benefits. In the public sector
promotions are mostly based on the basis of seniority and time period for which you have
served an individual department. The longer the work span the higher is the opportunity for
promotion. This can also be disadvantageous for someone who is above average as he may
not be able to grow faster. While in this context private job is preferable as promotion is
given on the basis of individual merit and performance irrespective of the time period. Private
sector job offers opportunities for high career potential growth.
It is not that government jobs have a limited scope to build up a career. Starting from arts to
commerce, engineering, medical, civil all fields include government jobs. It is the world of
competition so the selection process is done on the basis of merit. We can find every third
student preparing for competitive examination to join the public sector. It is easy to decipher
that the youths are driven by the security aspect which the public sector confers.
Last but not the least being a part of a reputed government organization bestows immense
dignity and prestige on the personality of an individual which he/ she would miss while being
part of a multi- national company which has a superior financial package.
Thus it can be concluded that one has to do a comparative analysis keeping in mind the
individual priorities before reaching the conclusion as to which is better/ superior sector to
pursue. One will have to adopt a balance approach weighing the pros and cons associated
with the individual sectors before forming an opinion.
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