Points to remember before you participate in this discussion:
|Mohan said: (Jul 15, 2019)|
|PSU employees are recruited under FRSR. There jobs are 100% secrure. If PSU get privatised they even get VSR Apportunity.|
|Veer Singh said: (Aug 6, 2018)|
I read many of your comments here some have answered rightly while some seem little less known regarding the topic, don't get confused with public-private and government, all these three terms are totally different, and most of the people saying public sector jobs are government, no. It's not like that.
Public sectors are just government-owned entities means the government owns minimum 51% shares on them, and rest of the shares are owned by some private bodies. Also, the government doesn't pay a salary to PSU employees. PSU company themselves has to pay remuneration to his staff. In case the PSU company is running down or in a loss, the government may disinvest it or shutdown it anytime. So thinking that getting a job in PSU is a secured job is a big myth. Earlier we have seen the closure of many renowned PSU's and likely to see some more in future, so point to be noted here PSU as a JOb guarantee is a myth indeed.
|Rohan said: (Feb 4, 2018)|
|In my point of view, firstly both the jobs are good according to its needs because private sector are not secures for employees because it is survive our business & in public sector this is secure and safe for all employees. But, the public sector first motive is social welfare after profit motive so that employees benefit to work in public jobs his jobs is secure, safety, and necessary benefits are an available i.e. Medical facility, education, pension, gratuity, etc. & It is not Pvt. Sector before. Nowadays in Pvt. Sector also this benefits are available like, pension, medical, education, EPF, etc & for future benefit also. I agree the Pvt. Sector is not safe in this anytime anyone can fire. Anyone need to improve our business so if any person cannot hard work and develop our skills so he fire her business, co under Pvt. Sector skills, communication, hard with smart work is increasing but it is public also vice-versa. But in public sector employees are little relaxed compare to Pvt. Sector. Nowadays, both are same and good and improve our economy.
Therefore, the public sector being a guarantor of job security is myth or not but it is trust.
|Rohan said: (Feb 4, 2018)|
|In my point of view, firstly both the jobs are good according to its needs because private sector are not secured for employees because it survives our business & in public sector, this is secure and safe for all employees. But, the public sector first motive is social welfare after profit motive so that employees benefit to work in public jobs his jobs is secure, safe, and necessary benefits are available i.e Medical facility, education, pension, gratuity, etc. & It is not Pvt. Sector before. Nowadays in Pvt. The sector also these benefits are available like, pension, medical, education, EPF, etc & for future benefit also. I agree with the Pvt. The sector is not safe in this anytime anyone can fire. Anyone need to improve our business so if any person cannot hard work and develop our skills so he fire her business, co. Under Pvt. Sector skills, communication, hard with smart work is increasing but it is public also vice-versa. But in public sector employees are little-relaxed compare to Pvt. Sector. Nowadays both are same and good and improve our economy.
Therefore, the public sector being a guarantor of job security is myth or not but it is trust.
|Anirban Chakraborty said: (Jan 30, 2018)|
|Hi, friends, my name is Anirban Chakraborty and today I would like to say something about Public Sector job. Public Sector job means government jobs or government Sectors such as Banks, Rails and SSC jobs. So in these areas, our life will be secure and we can able to survive easily such as financially. To get a job in Public Sectors it is not at all easy rather it is difficult and for we have clear government exams and it is not a dream but we have to put some effort from our side. In Private Sectors such as IT industries our life will be frustrate and not at all secure means hire and one day fire so financially it will not be suitable. In Public Sectors our job will be secure because ones you are a government employee means no will ask you what job you are doing and you can earn a high salary for your survival and it will not give a great impact in your financial life. Pensions will be there after retirement so it will be a great decision to opt Public Sectors.|
|Maanu said: (Jan 3, 2018)|
|Yes, Job security of Public sector is Myth. Public sector Job is secured till PSU earns profits to the government. Even though main motive behind PSU's is to create job opportunities in India. If any PSU making losses year by year then Government may privatize that PSU as it happened with HMT and some other.|
|Neeraj said: (Aug 21, 2017)|
Let me explain first about "Public Sector" so that I can say something because before taking clear picture it would be difficult to say anything.
The public sector is the part of the economy concerned with providing various governmental services. The public sector includes such services as the military, police, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications, etc, public transit, public education, along with healthcare and those working for the government itself, such as elected officials.
So with the help of this clear picture, we can say that "Public Sector" being a Guarantor of Job Security is not a "Myth" but "trust".
It is fact that there is a lot of hard work for getting a job but we get a level job after doing a hard work I mean hard work is nothing but doing polish ourselves for the society so that we can get the people better at the workplace.
|Prachee said: (Aug 9, 2017)|
|I stand to the myth of the topic. Public sector gives job security on the other hand Private jobs are not secured.
Points raised in above discussion are that public sector is full of politics and in private a person can show their skill. Well since I have been part of both these sector, politics is a virus which is present everywhere be it PSU/PSB/Private sectors.
It all depends on how you maintain your position, one has to maintain cordial environment, in other words use your "Skills -Intelligently and Efficiently', and then see great things starts coming to you.
Public sector is serving your nation proudly.
Private sector is part of business. Both jobs are goods.
|Akash said: (Aug 8, 2017)|
|Every year lakhs of students are giving GATE exam why?
Because 70% of the students prefer public sector jobs. If there is no job security why the government is investing a large amount of money in PSU companies. PSU companies like IOCL, ONGC, HPCL, AAI are the major companies they deal internationally. If IOCL is refining oil and providing it to us then why the oil price is decided by gov. IOCL can sell it at its own price which can be higher. PSU companies are semi-gov. It's a myth that PSU jobs are not secured.
|Anamika said: (Jun 23, 2017)|
|No I don't agree. Let us just compare private sector jobs with the pubic sector jobs. Private sector jobs are more easier to acquire than a public sector job, but at the same time, it is easier to lose that job in private sector compared to the public sector. I have been reading few comments regarding Reservation system and I feel it is totally out of frustration because it is out of topic. The question here is not about getting a job in public sector, but to secure a job there. The Reservation system is introduced in our country for some good reasons. Let's not talk about that. Talking about job security yes, if you get a job there it is considered to be the biggest achievement of your life as no one can snatch that job from you. All you need to ensure is that you serve to the nation, it doesn't secure your job buts does justice to your salary package. Thank you.|
|Oorja Agrawal said: (Jan 10, 2017)|
|I have read all the comments from top to bottom.
And somewhere I found that all are right.
As different people have different opinions.
As per my thinking, private jobs are better than public jobs.
The only thing which a government is providing is job security.
But you can make your life secure if you are pursuing a private job.
Yes through back to back investments, you can make your life secure even after your retirement.
And this gives you better opportunities to develop yourself.
|Dhruvil Shah said: (Nov 27, 2016)|
|I think that really it is myth. Because most of the current jobs in public sector is given upon the caste and category pf the people. There are many disadvantages of the public sector like overcapitalization insufficient staff, improper management and corruption. Mostly the bureaucrats manage the company and they are lacking in proper experience. The government intervention is also very large.|
|Ram said: (Oct 20, 2016)|
|Dear fellow citizens of incredible India.
Already, I commented my opinion in a harsh way in the previous post which may furious for employees of the public sector who doesn't have work ethics. Diligence and devotion in their respective assignments as well as the company.
Further, I would like to say little about public sector companies. The so-called public sector companies were founded by the government through five-year plan with government fund and loan from developed countries. Some companies were born in pre-independence and some companies were in post-independence to generate industrial employment as well as the industrial development of India. In the early stage employees' ethics. Devotion to the nation was in high spirit and companies were doing well. Over a change of generation, the attitude of employees attributed to companies has become unproductivity and loss. Many factors may influence to change their attitude like job security even you don't work, unethical recruitment (caste, political and local influence) without considering the qualifications and talents. These companies were percieved to make India fast development turned the nation into debt. Due to vast corruption and mismanagement some have been either closed or sold to private some policies of government also attributed to this. Now only a few public sectors are doing moderate business and surviving till now because of their dependency on government. But no guarantee how long they survive in this globalization business. In competitive in technologies. Good human resource and political influences may cause to early close of companies.
I conclude public sector jobs are myth in future.
|Sony said: (Oct 17, 2016)|
I would like to say yes, everybody talks about who is better private otherwise public. You know definitely, people goes with gov. Job. The reason is that in private sector there is no guarantee of a job. Your job is not fixed.
In other hand gov. Job provide full guarantee your job is secure and after finished the period of service. You get a pension. That's why anyone prefers gov. Job.
But, due to some corrupt rule, the situation of gov. sector is not better than the private sector. I am talking about RESERVATION. In gov. Sector your ability doesn't matter if You have cast certificate.
In gov. Sector there is no any inquiry of employee. This is the main reason in India the condition of the government sector is so worst and ask yourself why are you not send your children in gov. School. Whenever you need any governmental work you have to stand hour and hour in the queue.
|Ram said: (Sep 23, 2016)|
|Public sector companies are charity houses for sluggard. Unintelligent and crooked. These companies are not at all support to economic development of nation. Even the companies recruited intelligent dynamic people shortly they become sluggards and unproductivity. This happens because of lack of appreciation and recognition of their works due to favoritism in caste, language, and religion. Only 30 percent of employees who have ethics, honesty and devotion to the country work hard and make the companies survival. Who remaining 70 percent employees get their salary as a charity fund to lead their family life. In these companies intelligent and unintelligent is equal for all momentary benefits they get. These companies are more burden for government which uses the public money for investment to enjoy only a few people. I am not commenting this due to hatred or envious but experience of being an employee of public sector with fat salary.|
|Megha said: (Sep 22, 2016)|
I would like to say that public sector being a job security is not a myth as the fact that after getting into a public sector there is full job security irrespective of the fact that you work for long hours or not.
Public sectors give its employees a lot of perks of which this is one!
|Nikhil Varma said: (Sep 22, 2016)|
|Public Sector offering Job security is not a myth yes it does provide a security for your family and appears to be a recurring source of income. You will never get sacked or retrenched or laid off (except in the case of gross misconduct which is in specific should be proved against you in the domestic/departmental enquiry).
Bifurcating the public sector into further parts as PSB and PSU/PSE, one can analyse a slight difference in these two, since I have worked in both the sectors. The difference is off work, learning, skills you will in culminate. In PSB (Banks & FI's) the you can swim along the pool of diversified work, however, the security of job remains with a probability of odd postings and transfer and you can't settle yourself at one place. On the other hand, PSU offers you a competitive high salary, though not facilities sometimes but there is the security of your job which moves along with the security of posting and fewer transfers. The pity about the PSU is that you will never get the opportunity to improve your skills and knowledge unless you are in such department which is directly concerned with the working specialisation of such PSU (generally it is the technical field) or it's not in your veins to accept such pathetic atmosphere and silly procedures. The experienced people sitting there are pathetic who don't want to develop and excel themselves but won't even let you accelerate.
On the other hand, private Sector (i will also include entrepreneurship/start-ups in this) offers fantastic salary may be fewer perquisites, allowances and facilities) but if you want to work and have the capability to show and let people witness you, then nothing is the barrier in Private Sector. On my personal side, my brother is in the major company in the private sector and his salary is 3 times to mine salary (i am in a major PSU), both are in managerial capacities. So its up to you either have job security and don't do anything relax in your office do politics, misutilise your office infrastructure and tea and snacks and leave the office in evening, or have job security but try to do something and show yourself (it do require guts to go against top honchos in PSU/PSB) , Do something which shows and proves you in front of others which ultimately guarantees you job security and the capability to switch for better opportunities in a demanding position.
Public sector being a guarantor of job security is not a myth even in the worst scenarios of winding up, close down or Government feeding with the spoon of survival/revival packages. (may affect workmen but not managerial person, may affect perquisites or quantum of salary, but not your recurring source of income).
|Akhil said: (Sep 12, 2016)|
|It is true that your job is secured in the public sector but there is some cost which you have to pay to get this job security. In India, govt jobs do not help you in improving your skills whereas the private sector challenges you skill-wise and help you get better and better which in turn helps you in future to get some high posts in good firms.|
|Punekar38 said: (Sep 2, 2016)|
|PSUs offer competitive salaries but do not reward directly proportional to your performance due to policy guidelines. If IT/BPO company loses 1 contract; few hundred employees catering to this Client lose their jobs. Even if PSU goes into loss employees are not laid off.|
|Rahul said: (Sep 1, 2016)|
|In my opinion, public sector gives more job security and more respectful in comparison to the private sector.
The public sector provides job security to you and your family. It also gives good salary and there is no working stress in the public sector while in the private sector there is more stress work and also less salary.
In private sector always need improvement if you do not improve yourself then you throw out the companies.
While in the public sector, there is very less chance of losing your job.
So, in my opinion, public sector job security is a myth.
|Rahul Kumar said: (Aug 30, 2016)|
|In addition to the discussion I just wanted to add my point but before that I want to ask you all. Do you people need security at cost of your limited salary structure or lesser work pressure?
Most probably your answer will be negative. Yes, exactly this is what we don't want. We can't limit ourselves. People say to me if you will go to public sector life will become very easier. Less work pressure. No restrictions result in orientation. But as a youth. What I feel. I want to work hard at this age. I want to earn more and more. I want to climb up and up. I don't want to roam around a single chair. If ever I'll fall down. I will be happy. Since I have that much of courage. To climb this journey again.
|Rajani said: (Aug 24, 2016)|
|Nowadays public sector jobs are very secure when compared with private sector jobs. Because Private sector jobs have more targets, tensions low pay scale also. Every person wants to do government jobs only because good facilities like more week offs, pensions and many. There is no tension about our job is permanent or not in public sector.|
|Rohini Deo said: (Jul 23, 2016)|
|Supporting this topic on a positive note I would say for most middle-class Indians, there has been one perpetual dilemma "whether to go for a private sector job or the government sector job. But if we see public sector provides job security, perfect pay structure, Limited working hours, promotions, benefits and perks, less work stress, more facilities, more respect which fulfills the complete expectations of human. And the most important with public sector is the varieties of problems solved under it. Every worker is familiar with solutions for all possibilities of problem that occurs, which may not be seen in a private worker".|
|Padma said: (Jul 14, 2016)|
|Hai to one and all,
In my point of view, government jobs are more security to us. Nowadays we get a lot of salaries in govt. Jobs also. By doing govt. Jobs we don't have to bother about our future because the job is with us until our retirement and also we get pension after job.
But in case of private job we don't have that much of opportunities, and also we have to follow the steps of higher authorities. They will give suggestions and we have to follow them compulsory if we reject they remove us from the job. And also their main goal is to earn a lot of money to their companies and also forced the persons to do this work immediately. We have no security in doing private jobs. They also tried to get a fame to their company by going not only in a good way but also in a bad way, their main aim is to get more income to their company.
|Sridevi said: (Jul 13, 2016)|
|Hi friends, I read all discuss here from bottom to top after that I found that every person is right according to own view. Private and public two are important but more important gives to the public sector because public sector jobs very rare and more secured. In public sectors no time limit to work. Sometimes private sector jobs better.|
|Mansi said: (Jul 13, 2016)|
In my opinion, they both are good but if we talk about some specific points which almost everyone wants from his job like job security, holidays, less stress or burden, smooth life & last but not the least good salary he/she must have gone for the public sector.
|Aashu said: (Jun 26, 2016)|
|In my point of view, if a man has talent and hard working passion then he will choose Pvt. Jobs rather than government Jobs. Because govt. Jobs only gives you no.of holidays and will hide ones talent which he can explore in the private sector. But in terms of jobs security people often prefer govt. Jobs than the private sector.|
|Satheesh said: (Jun 24, 2016)|
Currently, I am working in a PSU as assistant manager. On my appointment letter, it is clearly furnished that. PSU can dismiss from service by giving 3 months salary.
|Kranthi said: (Jun 20, 2016)|
|Thank you all for wonderful answers.
Well, in my opinion, choosing a job between govt and private is really as tough as solving a high-level puzzle. Both have their pros and cons, for a hard worker and intelligent Pvt jobs are good, but the question rises, do he really get an opportunity to explore his ideas in highly fixed environment and apply his professional skill for real time situations. Does he get any ideas in stress environment except waiting for holidays and salaries? Moreover, its only the MBA's, top executives who are hired from well recruitment procedure (From IIT's And IIM's) and top level based on experience and track record can reach high not all the employees. Remaining all the employees are technical labor's and manager working for someone and filling their pockets. There is a famous say by "Sir Abdul kalam" Love your job not your Company. Well, suits for Pvt organisation.
PSU has some better situations compared to Pvt jobs, but again there is a less scope to enter into it only a few get over it.
And finally, Public sector there are more advantages as specified above. But the higher levels like Head of departments, In charges, district collectors etc are loaded with some responsibilities which they even have to work for some days and lots of stress for higher heads at sometimes managing all the state affairs.
Ours is a small life which last's for not more than 40 years of work, at starting we work enthusiastically and energy, as time starts and getting old and old everything family money relations, children, caretaker even matters.
Even a person who earns crores and crores of rupees has to retire at a certain age and seek for peace.
And again our next generation will lead and follow.
|Naina said: (Jun 6, 2016)|
|A job is only a tool to realise your potential whether it's a Public Sector or a Pvt. Sector.|
|Dev said: (May 30, 2016)|
|If you think you are a really talented and can be pro-active throughout your life even your personal life is under turmoil and want to be rich ASAP. Then go for Private.
If you want life to be smooth, not much expectation from life or salary. Want a peaceful life without stress then go for the public sector.
|Ankit said: (Apr 10, 2016)|
|All those people working in govt jobs will you send your kids to govt school. Do you travel by govt bus? How about visiting a govt hospital?|
|Ajaya Kumar Rautaray said: (Jan 22, 2016)|
|Hi friends I am a B.Tech Electrical Engineer having two year experience. Actually government Job is best by above discussed. Finally I joined a government job that is primary teacher of state government Odisha. Thanks.|
|Saurabh said: (Oct 13, 2015)|
|The main premise of private sector is that those who work hard will get lucrative or higher package from those who don't as we look to other side of wall government job provides ample time to make our leg free but its make a lathagic.|
|Kiran Potankar said: (Aug 7, 2015)|
|I worked in a PSU now working in big MNC. As far as I think government job is best and people in PSU's not lazy in fact they are smart and talented. If you choose private sector you have to go on switch your job for career growth and switching job is not an easy task.|
|Shivam Dhar said: (Jul 21, 2015)|
I want to ask one thing. Does a Government Job would make me able to earn quite good till I retire at old age or should I take my Life policy of 'Work hard and gain hard' and should go for private jobs so as to earn so much that I would enjoy my life after 40?
|Nasrin Arief Md said: (May 14, 2015)|
|Public sector is always a guarantor of job security, it's not a myth. If the employees of public sector will loss their job without committing any crime, they will get lots of money (in the form of VRS or one time settlement).|
|Guna said: (Apr 22, 2015)|
|I guess it is more of what one is interested in, for example if an engineer is to work in a bank there will be a lot of dissatisfaction, but for a management or commerce guy PSU or any bank will give better satisfaction.|
|Kaushi said: (Mar 13, 2015)|
|I work as clerk in PSU bank and I guess my life is so much easier than officers at bank as I work from ten to five. Promotions are there depending on degree and clearance of internal exams. It is comparatively easier. My fiance works in private sector in night shift in finance stream and doesn't get time to take care of himself. My sister is in I.T and hardly gets to take breaks if the work is heavy and critical. And yet private sector guys can pursue certain passion and set up a small business of their own.
In public sector you get a little quality time but obviously not in certain PSU's where we have to work for 10 to 12 hours. Even if you want to earn some extra income, you can't do that in PSU. Challenges are very less in PSU and it is monotonous sometimes. Every job has its own difficulty. And life is sometimes not fair. Opinions differ. My sister does not prefer government job even if it seems easy because she is a risk taker and loves challenges. I regret working in bank sometimes as I am not a people oriented person.
I would rather work behind the scenes than dealing with bad mouthed customers. Very soon government sectors might have to compete with private sectors. Trend is always changing. PSU might have to change job rules to be on par with private sectors. This might happen in the future. No job is a rosy job! I think one should live and save and create buffers in times of unknown difficulties that might hit any time in thus changing trends of our times!
|G Kol said: (Jan 31, 2015)|
|Its interesting to see the all the comments. Frankly its a never ending debate "Private sector vs public sector: which is best". Both has its pros and cons. But Overall one can conclude post 2008 that life in public sector is better then private sector in long run. Why? Life is a marathon and not a sprint or jump. So one needs to look his career future for a span of 33 years atleast till age of 60 (especially for middle class families).
A Government employee can be sure from the date of joining that his job is secured till age of 60. But private sector works on "perform or perish" (this 3 words are very difficult and dangerous in private company trust me). Its very difficult for someone to achieve every goal (many times unrealistic) set by his company throughout a period of 33 years of job life. Although there are some good private companies who provide good job culture and also job security, but very few in number.
Most private sector employees in India is from IT. Trust me in IT at any moment, the world can turn upside down for you any moment. I have been working in IT for past 6 years and know the difficulties faced everyday. No stability!. You can go abroad in IT, but even with a slight hit of economic downturn, you can loose your job.
So IT will provide you good fortune including onsite in the beginning of your career (say for 10-12 years) but as you grow old, your job becomes less secured everyday as your employer will try to replace you by someone younger albeit cheaper.
|Beng Emmanuel Kum said: (Jan 30, 2015)|
|Hi thing the private is more important for a developing country. Many countries have that urge to reach the climax of development. This makes me think that the only way is the operation and greater participation of the private sector in our economy. I believe in the promise of HIS EXCELLENCY PRESIDENT PAUL BIYA on an emergency by 2035. But I still think that both private and public sector should work hand in in hand for competition hence bringing about emergency.|
|Ravi said: (Dec 11, 2014)|
You are right and I have worked in an MNC where my work involves routine 8 hr job and my PL used to tell that you may not have future if you don't learn other things (Those things which always keep changing like versions 1.0 2.0 3.0 blah blah). Basically I don't like coding and I used my software job as platform to prepare for other govt exams.
I got through it and joined in PSU bank where life is not so happy and I repented that I would have stayed in MNC and prepare for some other good govt job. Before joining in bank I knew that PSU bank is not a good option but some how I thought that I will clear some other exams by working in bank, but estimation is wrong and I never got enough time since I was posted to a rural area and daily I have to travel 2 hrs to reach my home town.
I would like to stress the same thing to you if you are comfortable in your current job and feel that there is no immediate risk in next 2 years, then prepare for a good GOVT job (Since not all GOVT jobs are good) this is all given if you don't have interest in coding or if you feel that software job is not your cup of tea, then seriously try for GOOD GOVT job. Now I'm preparing for SSC and RBI (Missed narrowly this time).
|Ganesh said: (Dec 1, 2014)|
In my view, I always have a predilection for public sector jobs. I currently work in a well reputed MNC company with 3+ years of experience. My work timings are damn good. I come to office @9.00 AM And leave sharp by 6 PM. I do not have any work pressure, work tensions etc, as I am into a project where we do routine tasks everyday.
I guess most of the Indian MNC companies do the same repeated work as such as in India 70% of the IT projects are support or maintenance oriented. Having said that, one could easily have a sarcastic smile on his face with his mind voice saying 'then why can't you people stay in IT itself, why a sudden shift unnecessarily?'. Many of my friends and colleagues had asked me the same question and I had a good answer for them.
When thinking about my future to stay in IT forever (at least till 40) , I had craven fears because of the recessions, satisfying the bosses for our promotions, the workload handled to me as I move up the ladder etc. I was not born to be a sycophantic toad anywhere and anyplace in my life to satisfy an unknown person and begging him for my promotion and career development.
When going through all the comments, I could observe that many people opinion for people leaving IT is because of work pressure, staying late night, no work-life balance blah blah blah. The truth is many people are unaware about other side of IT where people enjoy like anything by doing the same repeated tasks on a daily basis, not required to think much, maintaining a decent work-life balance with office hours of 8 hours a day or even less than that and getting paid much more when compared with public sector jobs as I do.
But when such people sit and think about where their future is taking them into, there comes a big question mark. Because in IT, only when you are a technically stuffed person, you can stay and sustain here for a long time. But, getting a techy role totally lies in the hands of an unknown person called as HR. I was very unfortunate to get into a techy project.
If my current project experiences a financial downturn (as estimated by 2016) , the client will stop paying for our project and as a result, we people will again need to search for projects and move further. The big problem in such situation is that if we are not a techy guy, getting into a project again would be a daunting process. We should stay in one project and one account for a long time to get our promotions, incentives and VISA processed.
These kind of unprecedented downturns will make our career feel insecured and unstabilized and hence, we people should definitely think for a career switch to make our life secured in a long run period.
I hope nearly 70% of the people who leave IT fall into the above mentioned cases. So, lets all prepare sincerely and fully stay focused and never lose confidence until we get into a good government job.
|Chicken_Roll said: (Nov 22, 2014)|
|Always go for govt job ; even if you think it will pay less.
Reason : private companies only want performance ; once you reach some age you obviously can't perform at the pace when you joined. And they will hire 10 young people rather than feeding you when you are old.
So better go with Government Jobs. If you can not decide work for some private job for a year or two ; till then hunt for govt job.
|Chirutha said: (Nov 5, 2014)|
|I am 33 and I have changed 3 Public sector Unit and 2 Department but they are all the same there is no planning. Either there will be no work and it becomes difficult to kill time and you don't feel like going to office or there will be too much work. All there non uniform work distribution.
Ya, but job security is there. They feed you free fund for months thinking that only we don't quit.
Public sector Unit and Private both are equally unsafe for women.
After working for say more than 5 years you are in no position technically to compete in the market.
Promotions in Public sector Unit are driven by favouritism.
|Dave said: (Oct 30, 2014)|
|Whether one wants to work in Private (MNCs/Indian/Foreign) , PSU, or pure Government depends upon the mindset of the person. While Private jobs especially MNCs provide higly competitive environment and excellent career growth, pure government jobs are known for stability and predictability.
A PSU can be best explained as blend of both. While you may see the lazy Sarkari Babus" in pure government (not every) and corruption because of no proper monitoring, at the same time you may see private sector guy exhausting himself to meet his target within time.
When you go to PSUs you may see the output is much better than pure Government Offices.
What PSUs score over government Or private counterparts are as follows:-
1) Higher CTC than pure central/state government, Equivalent or more than pvt. Companies.
2) Better work/family balance than private companies.
3) More Bonus/Incentives/Rewards for work excellence than pure govt.
4) More technical update for work than government Employees, comparable to pvt. Employees.
5) Better health due to no stress after work hours. High BP, sugar is common for pvt employees after 30.
6) Salary doesn't fluctuate like that of private employees during boom and recession.
7) Concessional loans for vehicle and housing facility readily available for psu employees.
8) Duty hours more or less fixed.
We can conclude that these sectors can be compared using simple examples:-.
Private job is just like equity market, very volatile, risky but may give more returns.
Govt. Job is like PPF or bank FD which gives low but guaranteed returns for the long term.
PSU is like balanced fund, having some job security along with good returns with low risk.
A friend of mine joined an IT MNC 5-6yrs back and presently earning say 25-30% higher than me. He says that he is satisfied with his salary but if the working conditions do not improve, he would take retirement 10-15 years from now.
And what I feel is that if I'm allowed to work till whatever age I want, I can work upto the age of 65-70 years. But unfortunately the age of retirement is fixed by govt. At 60 years.
So job stability, sustainability, health, family is most important than money. Best option is PSU which balances everything in your life.
|Debarghya said: (Oct 23, 2014)|
|After reading much of what others have posted, it is very clear that most of the people here are either students with no real world experience or those who have never got the opportunity to work in a proper PSU.
Let me share my experience as I have worked in both prestigious government & Pvt. Organisations.
1. Private sector companies push people to their limits and often exploit those who do work hard with often limited returns. You'll not find that in PSU's.
2. Private sectors train their employees in their particular field and restrict them to it. PSU's don't. You have a freedom to choose what you learn and where you wish to excel.
3. There is a vast difference in the talent pool that exists in PSU's compared to pvt companies. Nowadays literally everyone works in IT companies yet most of them lack fundamental concepts and understanding of what they are doing. This is not the case in PSU's. You HAVE to know the details and basics for even doing your daily work.
4. Pvt. Companies hire more people than required and subsequently pay less. It is not true for PSU's where every individual is assigned vast majority of work and responsibilities. You become a better manager and a far more disciplined person.
The list is endless. However there is no clear winner. You should choose what suits you best.
|Abhishek Goyal said: (Sep 10, 2014)|
|Actually government jobs are best because I worked in private sector company, I have not enjoyed single day there, you can anytime have sacking fear.
Government jobs have stability much more good than a high paid private sector jobs, as during bad economic scenarios private sector jobs and employees face sacking it is evident as salaries from the last 10 years in civil aviation, it sector for freshers and experienced have not increased. Private sector only focuses on profit, they treat employees like a money making machine, private bank for example is like that, there best of employees cannot compete the public sector banks, they have no decision making authority all are like clerks.
Private sector in India and china are major failure even in USA, it puts mark on capitalism and its after effects the choice is yours 40 years ago there were no aircon, luxury cars in India but people live happily,
Now they have everything they live unhappy.
|Madhusudhan said: (Aug 20, 2014)|
|Life is not just earning technical skills and money. As there is a job security in public sector, you will a have a peace of mind. You will have time to spend with parents, maintain good relations, write poems, make fun, paintings and many more. Working in private sector is like satisfying the boss, but working in PSU gives you self satisfaction. If you find your happiness in earning skills and money. Then go for private. A person lazy at work may not be lazy at home. In order to rebuild our degrading culture, public sector is a good platform.|
|Sajeev said: (Aug 17, 2014)|
|The Bank Officer Employees should get benefit with the 7th Pay Commission onwards because they would cheated on 5th, 6th pay commission very much. So in 7th Pay Commission their salary on par with central government employees. In Bank also include the Grade Pay for every designation. Comparative Pay Scale should also be introduced. DA and HRA should redefined in a new high. New Perks also be introduce due to match with new way of living. Hope our government will do.|
|Psu Executive said: (Aug 16, 2014)|
As very interesting discussion is going on, so couldn't stop myself posting some comments. Please do not compare public and pvt. Sectors, both the sectors are equally working for integrity and development of country. I am working in a Oil marketing company and life misery here is not less than a pvt MNC. We also have targets quarterly as well as yearly and these all targets are related to our PMS. And please break the myth that being in a PSU you can sit answer relax, I am sharing you my job timing. It starts sharp at 9 AM and can extends to 7PM, 8PM or even 9, 10.
Moreover if you doing comparison of salaries, yes, PSUs pays fatter packages in beginning, but it has steady growth 3% fixed per year and as far as DA is concerned it merely matters because it depends upon inflation. But look at the scenario after 15-20 years, pvt MNC guys will be much ahead of me.
Its your wish to choose private or public sector, nobody is bound. If somebody has talent he can enter any sector at any phase of life.
Dont feel jealous of PSU or govt sector employees, they have gained it. If working on some softwares/ typing at 80wpm/ speaking fluent English is so called 'skills' in private companies, then make a second thought dude. PSU officers are far more intelligent and TOP RATED talent of country, more tech savvy.
And yes we even at PSU work at Sundays and public holidays. In last six months I have not taken a single CL/PL or any other form of leave and I am working 1000 miles away from my home. Do you have such courage?
If yes, then plan to appear in GATE, then fight with 2 million candidates and you are welcome in this elite group to enjoy this so called LUXURY.
|Kamrul Huda said: (Aug 13, 2014)|
I read the all above opinion. I am satisfied with someone because I also have my own opinion that private sector is good for our new generation. Because there is a lots of drawbacks behind the public sector. For the example, conditions of teachers in both sector. Government recruits the teacher on the basis of marks and degree. On the other hand private schools recruit the teachers on the basis of quality of education.
In private sector's teachers have to face the interview then after they are decided that the teacher is eligible or not for the special subject. But in public sector, one teacher teaches all subjects. So what would be future of students. There is good condition of school's building in private sector school. On the other hand there is bad condition of public sector schools. So at last I would like to say that private sector is good in all sections. Thanks.
|Bhairab said: (Aug 10, 2014)|
|In this age of the internet, there are shortcuts to information & knowledge. This is aggravated by rate of obsolescence of technology and skills. This is resulting in new dynamics in the workplace. Companies are looking to replace their older employees with lesser paid younger employees. This makes business sense for the private companies. The question however is, what do the older employees do - where do they go ? Specially if they are in their 40's.|
|Deepanjan Banik said: (Aug 3, 2014)|
|There is no doubt that in comparison, public sector jobs are far better than private jobs in terms of facilities and schemes. Public sector jobs give some flexibility in life. Along with some relaxation period or leisure which is needed for a happy and contented life, provided we do perform our duty honestly and perfectly in this sector and do not fall under the evil shadows of corruption. My point of view is that people can prefer public sector jobs as their first choice, for which dedication and right approach towards its exam preparation should be carried out. But on the other hand, I am not totally eradicating the value of private sector jobs Those who want to sharpen their brainpower and utilize their skills and talents in any industry in a full fledged work environment, can go for private sector jobs, as they always want to keep themselves updated with the current scenario.
Based on your actual interests that can shape your career, the ultimate decision is yours. Please decide with utmost care.
|Divya said: (Jun 28, 2014)|
|My father is in public sector and he is saying that private job is not safe for girls and they do not treat girls nicely. In very known MNCs girls are not treated well and I should not do job in private sector. I am a fresher what should I do? is it really that bad for a girl to join pvt company?|
|Ritesh said: (Jun 25, 2014)|
|I am working in a PSU. For all those speaking about the easy life in a PSU. Please think again. Most of the Indian PSUs are the ones involved in infrastructure, energy etc. Private sector mostly caters to the corporations or entrepreneurs. These are the ones required to set up an atmosphere of development. If people think PSU employees have no head ache and can relax, think again. When you are involved in the operations or maintenance in these companies, a mistake can prove costly. Any delay in production, timely fixing of equipment s can cost so much in revenues or say power outage etc. Its not quite as comfortable as in pure govt offices of Municipal corporations. Its all result oriented. Besides, an incident in PSU finds mentionings in newspapers, because nothing can be hidden.
As for the learning, I think one cant keep running for long and say I want to keep learning. Learning is good, but at some point of time, lets say in 30s priorities change and you have family. You just cant say I want to be more involved in work and keep growing. You have to look out for your family time, see that your children are doing well at the school and take care of your parents. It is this time you must be there with them and PSUs give you that time after your work hours. Besides, the facilities they provide for healthcare and other benefits.
Private sector may provide learning oppurtunities but why do you feel that they only do it? They dont send you to school for learning. They give you a competitive environment. A result oriented atmosphere. Why do you need stress to be a good learner? Your learning depends on you. If you are good you will get noticed, whether you are in PSU or private. People at the top in any industry dont get there just because they are in good books but because they are good at the job they have been assigned.
|Madhu said: (Jun 1, 2014)|
|Initially the best talent is recruited in govt or psu's but the problem with these employees is they donot update their knowledge over years. In pvt sector this is not the case they have to get updated with knowledge year by year for their survival. This way an average pvt sector employee earns more skills with advanced technology than the best recruited talent of govt or psu companies over years. The psu's talent is best initially but not over a certain time period. Let us take a simple example of a govt teacher, when a state govt recruits, best teachers are recruited. These teacher's get higher salaries than private teachers. Over the period the private teachers who earn much less than the govt teachers, perform lot better than the govt teachers. The private teachers update their methodologies, skills and try to improve the processes within schools year by year.
The govt organizations, units and public sector companies function well only when job security is removed. When job security is removed, people update knowledge and work hard for the sake of survival. I agree that some psu employees work very hard, working very hard is not the only important thing, updating skills too is equally important. Updated skills will make a person work using advanced technologies with less effort and if people do hard work along with this, the work quality goes exponential. With hard work the work quality will only be linear but with updated skills and hard work combined the work quality becomes exponential.
Removal of job security forces people to update knowledge, work hard improving the work quality and running the psu's in unimaginable profits. The psu's too will start recruiting employees in large scale creating more no of jobs with with performance based job security, good work life balance and decent salary.
|Madhu said: (Jun 1, 2014)|
|In terms of work quality private sector wins mostly, with public sector this is not the case often due to job security. The private sector jobs have become hire and fire jobs in recent days and rules are becoming harsh day by day due to talent influx. The private jobs, even IT jobs salaries have got saturated and are no more attractive than a good PSU. In present India, large proportion of jobs are private. The private companies and even MNCs have started paying less salaries exploiting employees even if they had earned high profits. This will make Indian rupee shrink like anything in near future. Largely, the Indian rupee depends on how much a person earns, the kind of work quality he produces and how much he spends. If MNCs kept on paying low salaries people become conservative in nature, spending less and a lot of deficit budget causing to a low rupee value. For a better India, work quality should be good and the employees also need to be paid well something like PSU's.
Government shouldn't give any more job security in govt or public sector companies, they definitely have to fire 5% of its employees every year, this makes the employees to work hard increasing quality, running the companies in huge profits and creating more number of jobs year by year. This way a PSU or govt company would earn more profits in turn creating more number of jobs, people will start moving from pvt sector to public sector. Here no employee gets job security, they have to earn job security through performance but they will be under the hood of government like good salary, work life balance and strict working hours. The rupee too will rise because most people will be working for the government with hard working style and people will spend even more, this makes rupee rise like anything.
|Arindam said: (May 27, 2014)|
|As per everyone's view, yeah it's true that if you work in private sector you will get promotions as per your potential. I am working in a MNC for the last one year, and I know the pain, if you are lucky and you get any kind manager, then you will enjoy a lot, but if you get a manager who is totally corrupted, he will ask you to sit and troubleshoot any issue, and after finishing off he will ask, "why you took so much time, it was very easy?". As if he knows everything.
So it completely depends on your luck sometimes and your patience and mind set.
I suggest that go for a public sector as no one will care what you are doing in office. Politics will be there but you can easily overcome then.
In private jobs you have to "struggle for existence", after getting a job, but in a public sector it is completely reverse. Before getting a government job only you have to work hard.
In public sector you will get peace, not like in a private sector.
|Achyath said: (May 24, 2014)|
|Everyone here is speaking that public sector people are lazy and act like a sarkari babu. First of all we should think that if the employees of the organisation are lazy the it can't make profits and that is exactly the case with public sector companies. The sarkari babu concept is only for central government and state government offices like the municipal corporation or your nearby post office. It is not for PSU'S.|
|Ajay Prasad said: (May 23, 2014)|
I worked in a Big MNC for almost 8 months, then I joined a maharatna PSU. I think I have made a wrong move because learning and career growth I am seeing in MNC is very high but in Public sector its not worth for me and no career oppurtunity am seeing here. Please suggest something to me should I continue here or go for switch.
|Bunty said: (May 13, 2014)|
|Hello to everyone.
It was really good to read the inputs from all the people who have contributed to the discussion.
To give a an intro about myself. I am working in an Oil PSU company. Let me first differentiate between government companies/authorities and a PSU. A government Company/authority is an organisation fully owned by the government And is not listed in any stock exchanges (BSE, NSE etc. ). The objective is not profit making and is setup/run for mandatory requirements. The environment is or is perceived as relaxed with fixed work timings and guaranteed promotions. On the other hand.
A Public sector company is an organisation with a major share held by the government It has to follow the mandate's released by government But still have to demonstrate performance and profit. My working hours are 8 hours a day but still I have to work at least 10 hours almost everyday (I am working in general shift). There is a proper performance management system for you with targets set for the financial year and marks allotted for every task set for you. There are goals set for you individually, you department and also for your business unit and quarterly reviews are taken.
I should say work is really tough and sometimes I have to work for few hours even on Sundays. The work cannot stop because the delivery of work is continuous and you would be always pointed at for not completing/delivering performance. Being lazy will not take away your job but will also stagnate your career advancement and may also result in being posted at some remote location or a difficult work profile. I have seen my brother working in an MNC and let me tell you the work is not THAT bad. Yes. Different companies may have different work environments.
Ironically, I am still hung up to this job inspite of being frustrated because the Salary is really very good. After the implementation of 6th pay commision, the salaries are high and all the benefits have also being consolidated into an accountable Package. A very clear CTC can be calculated and when I compare it with other companies and my friends working in Private organisations.
I really feel like keep going. To conclude. PSU will pay you well initially with hard and Smart work but in the later stage of your career, the salary hike is low but job security and Work-Life balance is better which becomes more important for many people at that point of time. Whereas, if you have a die hard Passion and determination to work very hard for the next 20 years and become the CEO earning Crores in compensation. Go for an MNC.
|Ishita said: (May 2, 2014)|
|Both types of jobs have their respective pros and cons.
I have seen the life of both the sides.
Public sector gives lot additional advantages in some cases while private sector has lot of boons with it.
1. Unlike Private sector where you leave is at the mercy of you supervisor / boss, in public sectors, abundant leaves are given for the full year.
2. The chances of growth in posts as well as monetary terms is there in private sector depending on your ability and hard work, but in public sector this is very biased due to the quota system. (SC/ST etc).
3. Both sectors have individual stress points. In the public sector, stress and tension prevails depending on the post but in private sectors, stress and tension is seen in all level of employees.
Some arguments were there regarding dishonesty in work in public sectors. I have seen the same in private sector also. It all depends on the mentality of the individual. If you do not respect your workplace, you are dishonest, be it in private sector or public sector.
4. Lot of additional advantages from national banks are given in terms of rates of interest and all.
5. Most important, in private sectors you salaries are dependant on your boss' ratings and review. But here it is not like that. Fixed salary increase after every year and pay commission. No one's review will affect your salary.
6. Last but not the least, in public sector you can work at ease because in private sector you will have your superior sitting above you ordering for projects.
7. In public sector also growth comes to those who work hard. It is not easy to get recognised here. The entrance exams needs extensive study. But getting into private is all about how good your resume speaks for you.
These are some of the features. There are many more. But making a choice of your career is in your own hands. Use brains and make the right choice for you.
|Ankur Gupta said: (May 1, 2014)|
I think it completely depends on person mentality. People who want to gain the global opportunity, who love to gain experience implement those experience in the organization, who love to present themselves, who are ready to take risks in their life. They go for private sector. Because after getting experience they easily fulfill their desires within a short span of time.
But people who just want job security and want to be a "sarkari babu". Go for public sector.
So in my opinion private sector gives you a better opportunity to everyone if person have talent. They can reach the towering heights.
|Santosh said: (Apr 20, 2014)|
|Hi friends, I read all discuss here from bottom to top after that I found that every person is right according to own view. But I would like to say that government job is good no doubt. But now a days you can see that a lot of forms come for one single vaccines. So finding job in government sector is so tuff and much more competition. So I think if you try for a gov job good if you get it very good otherwise continue with pvt job with fresh mind because ultimately goal is earning money.
|Aneesh said: (Apr 16, 2014)|
|Personally, I feel private sector is better than public sector just because you are always judged by your talent and skills. The risk involved in private sector provide higher thrust for motivation to build up your own carrier that is self employment, which contributes to country as well as for an individual.
Ignorance of government officials is best reflected when I got my election Id card in which my locality is printed wrong, just because I mentioned it in my regional language and the problem is translation. I don't know whether it is ignorance or inefficiency of Indian public sector people and even this may be the reason why after more than sixty years of independence we are still a developing country.
|Ajay said: (Apr 16, 2014)|
|This is not true that all the govt employees are lazy. I accept that most of them are but in my office people are used to working late evening. The usual timings are 9:00 to 19:00. I understand at first glance you will think I am lying but its true. I am working in postal department, hyderabad region.|
|Murali said: (Apr 10, 2014)|
Thanks for the interesting discussion. After working for the Govt of India (Class 1 gazetted) and a Public sector bank as an officer both put together 20 years, I joined Private sector. We need to understand what we mean by private sector, there is no one general classification. Private sector is of multiple types ranging from American Mncs, Indian Mncs to Lala Companies and again nature of industry i.e., banking, IT, retail etc., Again we need to consider at what level you are joining and is your career aspiration.
In my opinion, if you are starting your career it's good to start with a global Mncs as Mncs are ok upto middle level positions. Once you become fairly senior, should move on to Indian Mncs. You are part of decision making in Indian Mncs whereas in global Mncs, you need await for instructions for everything even if you are a Country head.
Overall, think we should know our strengths and weaknesses. If we think we are good in our job (not only subject matter but also leadership, carrying oneself, soft skills etc. ,) Private sector is the best, you can move fast up the ladder, you'll not face bureaucratic hurdles. But if you don't have very serious career aspirations (C- suite jobs) and okay with routine govt & public sector jobs are the best. Whatever said and done in private sector, particularly global corporations, you are paid by results and not by efforts. Results means how you are contributing to the top line revenue or bottom line. There are high risks as you go up.
If you want to play safe and don't believe in high octane work, public sector is the best. There is no permanence or guarantee in corporations. But the good part is you will enjoy working because generally the work environment is good, no hierarchy unlike Govt, no disrespect, no bureaucracy. Private sector offers lot of learning opportunities, you learn everyday, travel across the world, learn multiple culture, you become a global citizen. You need to choose what you want. High risks & gains vs low risks and job security.
|Ashish said: (Apr 4, 2014)|
|Public Sector: As the name comes in mind one must be happy but at the same time be very very very cautious.
Have you ever seen a duck, how smooth it looks swimming in the lake? But the reality is tremendous amounts of cycles of paddling it does inside the water, which is not visible. Government sector job can be taken by those who are judged by their attitude and character at the time of interview. People lie so much of not able to compete in exams and interviews. But sometimes, its the MAN who takes above the BRAIN at the time of employment.
They do NOT need people who say, I will do anything to get this job. Because they know later it will be trouble. Character, Sound Judgement, Self-Belief, Truthfulness, Innovative Ideology, Clear Mindset, Confidence (self NOT jealousy) are the common personal traits what attracts the interviewer in government jobs.
So many people are seen competing blindly with others, which is fatal for their own existence. As a young job enthusiast, one must remain positive, hopeful and persistent in efforts towards job hunting.
A target well set in time, and with the optimum efforts, right candidate can land for the job of his dreams.
Freshers are some times confused in career choosing, go for pvt or govt? It comes from the desire, how you imagine yourself working after five or ten years in life.
One may concentrate on his professional skills and then decide which way to go, private or government.
There are ample of opportunities in the market, and truly speaking, those who have the steel nerves of rising up the ladder of professional life, nothing STOP them.
The career does not begin with how you get a start, but how you see yourself, putting the efforts and still keeping the momentum alive to sail ahead and reach your target goals.
Patience, Tolerance, Continuous efforts, and self-belief. Do these words attract you? Have a better time anywhere private or govt, the pool is waiting for the dolphins.
|Anan said: (Apr 3, 2014)|
I have both experiences. If you ask my suggestion, I feel private sector is far better than public sector. If you have a mind set up wherein you don't have any dreams regarding your career, just want to run your day to day life like how your forefathers led (Daily go to office, save major portion of your salary, keep it in bank deposits & finally after retirement leave the hard earned money to your children for their enjoyment) then Public sector is like a boon for you people.
At present am working in public sector company, in my previous employment I worked for an MNC. You know when I joined MNC I didn't know how to speak english, I didn't know what is professionalism, I didn't know what the current business environment is. I will tell u, don't go by comforts. If these public sectors gets privatized, then your life becomes miserable. I won't be in a position to work in a private company. Public sectors make you lazy, they will wipe out all your knowledge, they will make you to act like a Sarkari Babu.
|Garima Sharma said: (Mar 16, 2014)|
According to my opinion public sector job is more better to private sector. Because I m also employee of private sector. In private job we have no time for our family. No any proper job time then you can say sometime 10 to 12 hour daily work. So that create lots of health problems like mental pressure, blood pressure, tension etc. I wanna say to you money is not important than our health & our life. So public sector is better compare to private sector. Less tension, less problems.
|Deepak said: (Feb 27, 2014)|
|No. "Public sector is a Guarantor of Job" is not a myth, but not 100% true as well. May be 90% secure.
Now-a-days Public sector companies like SAIL, NTPC, SBI, UPSC, SSC or any other Government jobs are not anymore for lazy people. Someone need to work hard and even need to perform well in the organization, if he/she got the job. And if he/she can't perform as per the expectations, the higher officials arrange his/her transfer to some unknown place and even sometimes suspend him/her.
And, whatever, most of the growth & development of any country come from PVT sectors, not from public sectors. But, that doesn't mean that government organizations are anyway behind any pvt. Org. Just take the example of NASA.
Also, I am not agree with the people saying that, government People are lazy and they do very less work. Just visit any SBI and look how much work they do. They shut down all the transactions for public at 5 pm, but they continue to work till late, or else fine gets imposed on them. All the PSUs are now paying as per performance. So, there is a heavy stress also on Public sector workers.
I do work on the Regional Transport Office as a Clerk. And it does have too much workload. We do work till 8 pm in night (at least) , sometimes more than 8 pm. The RTO officer also sometimes scold us, just because he gets into tension by the workload.
By the way, we get almost all the government Holidays and Sundays, which are good.
I agree with that, no officer or boss can stop the monthly salary unlike a Pvt. Org wherein the boss control everything.
|Rohit said: (Feb 26, 2014)|
|Security, we are talking about. The first thing strikes is that anyone can give the security for Life?
Coming back to the main topic, here corruption, stress, security everything goes hand in hand though its a public or private sector. Of course entrance for public sector job is tough because of the competition and unfair practices. For private sector you need to work hard more and more with keeping patience.
Being a common man and moreover from OPEN category (no offence on any other category) for me private sector provides bread and butter according to my knowledge and talent. I agree that there is much stress, but it is at every place, so we need to work on that rather than blaming it.
I always believe that there is one opportunity available in the market which we need to grab. Obviously competition is high but if you work hard it will gives you good return, may be in long term.
So I conclude from my end that Private sector will be a bet than public for me.
|Samar said: (Feb 22, 2014)|
|Public sector is indeed a job security for the Indian people. The so called sarkari seva will always attract the junta because of money and less work involved in it. People tend to misunderstand the whole motive of public sector and think it as an ordinary job. But the case is different here. The prime motive of public sector is to make India self sufficient in all front and the employees are expected to be people of highest character in the service of the nation. But now a days corruption in services has made this sector a money minting machine. Job security is indeed there in public sector in dealing with strategic areas.|
|Bhargava said: (Feb 10, 2014)|
|As per my knowledge both sector have the same type of work but there is only slight difference only in the field of work pressure only. On organisations will give us salaries without doing work if we love the work what ever we have given it will give pleasure to us the promotion all are available in private sector also one more thing in private sector even though after our retirement they will use our for the development of organisation.|
|Subhash Paul said: (Feb 9, 2014)|
In my view public sector is better than private sector because there is job security. Not only job security, the competition is also less in public sector. Due to this the people working in public sector have less stress than people working in private sector.
The working hours are fixed in public sector but in private sector they don't have fixed working hours. Stress is more in private sector. Job security is not there in private sector.
|Sahebjan said: (Jan 18, 2014)|
|Well said by every one. I really appreciate. Taking the reference from my friends I would like to contribute some more points regarding this topic. Of course there is a job security in govt sector. Should this job security be given to them after knowing the fact that people after getting a job in govt sector becomes Corrupted.
People do not do their job with honesty because they know that their job is secure. No body is going to harm their job. Now a days it is seen that in most of the govt sector job holders do their job after taking a bribe from common people take an exp of education system in govt schools, there are teachers but they don't do their job with honesty. In bank, in court in every sector you will see this. Who is responsible for this. Common people, govt employee, or our administration.
Think over it. All I can say, administration is responsible for such illegal activities. So administration should take a strict against corrupted people of govt sector.
|Raghuram said: (Jan 17, 2014)|
|You may put long leave to your PSU/PSC job and can work for your desired company in private sector for 2 to 5 years in India or out of India by taking prior permission and by following the norms of PSU/PSC's and after the leave you can rejoin in your services which doesn't costs you in the loss of Seniority among your colleagues except slight difference in the salaries.
If you start your career as a private employee, after getting dissatisfaction on it, it will be little hard to get the job in govt sector as you might have deviated from the core subject.
You should compete with people who are already taking coaching for PSU's and even with newly passed out candidates, who will be in lakhs.
You should satisfy with the starting salary in govt job which will be less than your present private job salary. The same job experience in govt might have offered you higher salary.
Think about your position at the age of 45 or 50. Can you really compete with the youngsters in private company which can no longer shows interest in you at that age?
Govt job has lot of offers and opportunities to benefit you and your family. You can take study leave even getting paid half of your salary.
|Abhisek said: (Jan 13, 2014)|
|I have worked in both private & public sector & what I have realized is 80% of the private sectors are devils in disguise. They don't care whether an employee live or die. Out of those 80%, 40% keep a smiling polished face at the time of joining but their character shows it's true color when it concerns the interest of the employees. Whereas public sector (precisely govt organizations) keep their words & once you get permanent in the organization, you can lead a life with regular handsome salary increment and pension throughout your life.|
|Rajesh M said: (Jan 13, 2014)|
|I can conclude this in simple manner. Pure govt jobs under the central govt or states are life time guaranteed benefits regardless your performance.
PSU companies though undertaken by govt of India it doesn't guarantee salary for life time. Example HMT Hindustan machine tools - People are getting 1992 pay scale because it's not making any profit from 90's.
Salary of a fresh engineer will get 10000.
On the other hand BHEL pays freshers 70000 per month because they are performing excellent.
|Dhrubajyoti Medhi said: (Jan 8, 2014)|
|It's a healthy discussion going on. But after going through most of your point of view's that all are concluding with the result that PSU's are more secured. Yeah I definitely agree with that. But the fact is that all of you can't crack for this PSU's. So that means your life is worthless? No. Definitely not. It's you who can make a change.
Try for the PSU's, work hard but be strong for the results. If it is yes go for it and what about if it will be no then? Definitely private sector will be left for you. All goes for money and relaxation. The best way to lead life if you are thinking of money is that gain 4-5years experience from any sector, then try to build up your own company. BE THE EMPLOYER! DON'T BE THE EMPLOYEE!
|Jaleel said: (Dec 25, 2013)|
|I think Govt job is security than private job. In Govt job after finished job we get pension. But now there is heavy competition for Govt job. All peoples are not trust Govt job because now situation is more population increased lakhs of Graduates available. All graduates are not get Govt jobs. So we improve our skills and get private or Govt jobs. Now unemployment is increased so Govt not provide jobs for all people.|
|Vandana Uniyal said: (Dec 19, 2013)|
|Do government jobs provide job security?
Yes, of course and that is the reason why 80% of the Indian job aspirants are chasing behind government job. I think due to the job security of a government job, lakhs of coaching institutes are running which assure 100% government job.
On the other hand, a private company owner has his own will to close his company whenever he feels it to be closed, it is not the headache of the private company owner as to what the people working under him will do.
Whereas, if a government organization is closed due to some reasons, then the employees of that organization are transferred to some other government organization.
Thus, government job provides job security is 100% correct.
|Shiv S Gurjar said: (Dec 14, 2013)|
|Of course public sector/govt. Jobs are much better than pvt. Jobs. But government jobs are difficult to get nowadays. Here are reasons why government Jobs better than pvt.
1. Job security.
2. Nice salary after 6th pay commission.
3. Will double after 7th pay commission in 2016.
4. 10% dearness allowance increased every 6 months apart from 3% increment, so financially also govt job better than pvt.
5. Tension and stress is less as compared to pvt job.
6. You have more quality time to spend with your family.
|Krish said: (Dec 5, 2013)|
|It's interesting to read all the views about Public sector VS Private sector but I feel mixture can be quite good, work for initial time in Private sectors gain the required experience in short time, create cash reserves and as the family responsibilities grow move on to Public sector.
Although in the long run I think one must get self employed or some individual business rather than depending on company / Corporation model for sustainable growth.
|Shakir said: (Dec 5, 2013)|
|I believe that private sector jobs are unsafe due to unbeaten competition in this world. Every private sector companies come with a new technology, services etc. Due to this there will be a loss in some other company and they terminate few employees. For example Samsung and Nokia. Samsung is No.1 in mobile marketing at present, due to this Nokia brand is almost down. Who knows which will be the next brand which come up with new innovation in technology.
I always prefer Government Jobs which is safe and secure for life long.
|Sanjay said: (Nov 25, 2013)|
|Private company not giving increment every year and giving less increment then inflation government have not made any policy to stop exploitation in private Job. In the name of performance & firing exploiting every one. What government is doing. There is no standard in private company for salary as per post only depend on bargain, exploitation. Government party politician depend on party fund for corporate giving them liberty for exploitation.|
|Rinku Rawat said: (Oct 28, 2013)|
|Definitely Public sector provides job security as once you get the job you don't need to worry about your future unlike pvt sector where there is no guaranty of your job. It also has many benefits like particular job timing, less responsibility, less work, many perks provided by govt.
But in pvt sector you have to be very punctual & hard working, work long hours, stay up-to-date. You also have to listen your boss whatever he will say to you, you will have to follow his instructions whether you like or not as your promotion solely depend on him.
|U.Divya said: (Oct 25, 2013)|
|I agree that public sector being a guarantor of job security is a myth because if we once selected in a government job and we get permanent we can work peacefully without job tension. But in private sector we need to work too hard, we have no time to spend with our family they will squeeze us till we finish our work. Every talented person in private sector have job tension they have no guarantee for their job. So public sector is 10,000 times better than the private sector.|
|Public Supporter said: (Oct 21, 2013)|
|I don't understand why people say in Public sector there is no challenge!
It it is the case out of 10-20 Lakhs of candidate only 300-500 are selected for the Public sector job, Is that not challenge?
In my opinion the hard work that the people do in private sector for 10 years is less than a candidate hardwork who is preparing for government sector only for a year ot too. If I am right why a public sector employee will work like a dog if he has a hell lot of knowledge than Private sector employee :) :).
|Abhisek said: (Oct 16, 2013)|
|I have seen that youths (generally, age between 16 to 25) in India are having this illusion that in average pvt sector pays much better than public sector or government bodies. But in reality after the 6th pay commission of the central govt & pay revision of banks, insurance companies, oil companies etc the pay structure or the gross benefits in public sector or govt bodies are much better in average than pvt sectors.
Moreover govt & public sectors are having pension either under old pension scheme or new pension scheme which is much better than not to have it at all. & it's also true that public sector or govt bodies provide job security at least up to 90%. So govt or public sector job is much better than pvt ones.
|Mohit Pandey said: (Sep 30, 2013)|
|I think that public sectors is guarantee a job security offer. However it also limit.
The individual growth of a person. In other hand in private sector one can get high level of success in shorter time. And after working for 20 to 25 year he can retire.
And work for his dream or aim.
|Saumitra Gupta said: (Sep 30, 2013)|
|I have worked in IT industry in MNC for nearly 5 years and I have observed the work culture very closely.
1. There are lot of opportunities for bright minds but office politics can let you down most of the times (will get poor rating and appraisals due to politics and delay in promotions).
2. Profit earning motto of company will squeeze you till your last drop - you need to work in night shifts, weekends, odd timings, can't take holidays whenever required.
3. Need to update yourself everyday - initially it seems thrilling but after the age of 35 with family responsibilities, studying, updating knowledge after office hours will be tiresome for work and interviews.
4. Work to salary ratio is not very encouraging - the amount of hard work and time you are giving and salary you are drawing is a mismatch many times. Moreover salary increment will be stagnated at some point of time.
5. No Job security - You can enjoy high packages but once the market crashes or company goes into losses, there will be scarcity of job opportunities in the market no matter how talented you are. Moreover employees with high salaries in the organization are slayed first and they find difficult in getting new jobs at the same or higher packages in recession.
6. No time for family - Both husband and wife need to work in metro city if they have to earn sufficient amount for survival, paying heavy installments, children education etc. So no time for children and couples (most of the couples can spend time only on weekends). Its sad but true.
The biggest fear is what if I have taken a loan of 50 Lacs and paying heavy installments of 50 thousand each month and I have been slayed off from the company and didn't find another suitable job in next 3-4 months. Think. What could happen to the family stability and environment.
And moreover wasting 2 hours of your life in traffic everyday in metro cities and no pension after retirement. Gosh. It sucks.
So please my opinion is that work little hard for a year and get a decent government job so that you can spend a quality life for next 50 years.
|Prashant said: (Sep 26, 2013)|
|Hello friends. I think public sector is more secure and good as compared to privet sector. There are many reason like:-
. Jobs are life time (up to 62 years) secure in public sector.
. There is no need to take the tension of jobs.
. In privet sector people always facing the problems of partiality by his boss.
I also believe that in privet sector much salary as compared to public sectors, but if we are always taking to tension of our job and we are not happy with the job, so it is better to work in public sector. So this are men points according to my point of view.
|Chinnu said: (Sep 24, 2013)|
According to my opinion, public sector job is more secure than private sector job. If person has good learning skills and who wants to grow the private sector job is more better. See, legal richest persons are more in private sector jobs than illegal richest in public sector jobs. Even many skills are important for selecting into public sector job through entrance exams and because of secure jobs these skills are not implementing but in private insecurity jobs persons will learn new things accordingly and implement it for their deadly targets.
At last, involve in learning process you will definitely have secure and respect job in both sectors.
|Athirath said: (Sep 24, 2013)|
|Job security in Government job is not at all a myth. It is very true your life is secured once you get into government job that is why people now a days are fad about it. Even the incentives, salaries, working times everything are flexible with government jobs, but the matter of fact is people in government jobs are misusing, without working full time, with not much heed etc which ultimately leading to decrease in the growth of country. Once you entered into government job you will be secured until you commit a serious problem. So I feel that security by the government Job is not at all a myth rather it is a fact.|
|Salam Sancha said: (Sep 23, 2013)|
|Well in case of choosing between private and public I think almost everybody in the country will opt for public sector not only because of job security but it also has many other benefits like incentives, expenses on transport, bigger pay scale compare to private companies jobs, etc. I would also like to remind you of the immense hike of salary after the implementation of sixth pay commission which the private sector lacks to provide to their employee. And also if we have to conduct a survey on this topic I hope even those who are currently holding jobs in private companies will give thumbs up for public in one sense if we are to offer public sector job to them they would thought of leaving their office right away.|
|Sakthi said: (Sep 20, 2013)|
|Everyone told their point of view about work on public or private sector I agree with all as par me. Wherever we want to work two things keep in our. Mind we make the interest to work on their job, and second thing is we learn from this job not just like that like I'm working whether public or private sector if the employee done such kind of this they will get benefit.|
|Abhisek,Kolkata said: (Sep 3, 2013)|
|The aim of the government of the country should be to provide job security & not to keep them under gun point all the time. Then what's a government is for? Remember " Government of the people, by the people & for the people. " Termination in public sector doesn't happen due to non-performance but may happen due to some other reasons. But as "govt. Is for the people", it should enact a law that will provide job security & less work pressure in pvt. Sector also. At the same time law should be there to punish people who doesn't work. Then only it will be ideal government Action & then only the purpose of being a government Will be served from this perspective.|
|Deeksha Saxena said: (Aug 25, 2013)|
I am not going to comment on which one is better because this completely depends on the person's thinking and what he/she wants in life.
I will just talk about whether there is job security in public sector or not.
Guys and girls, this is true that public sector gives the job security but friends, in today's time, it has become most difficult to get in public sector.
But ya, once you get in, no one can snatch your job. This is the only advantage of the public sector, and just because of this, people don't work properly. They don't come on work regularly, and if they come, they don't work. They show their laziness, and just because of them, our public has to suffer.
So, the conclusion is this that the there is job security in public sector which, according to me, is not a good thing for our country.
Public Sector being a Guarantor of Job Security is a Myth
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