Public Sector being a Guarantor of Job Security is a Myth

Hello everyone,

Well, it is being a pleasure to join this discussion. In my point of view public sector has its own benefits and job security comparing with corporate sectors. Even the working environment makes us feel such laziness and reluctance to work in PSB, but the physical and mental acceleration was too low comparing with Corporates. If a person working in a PSB means, not having a pressure situation what a person whose is working with an corporate. He/ She might feels less pressure towards work and also they will pay more attention to the family development. A survey conducted by the famous Publishers indicates the PSB employees were felt more secured in terms of job well as Social activities.

According to me, for the safe future public sector is better than private sector. We get a safe job for us. There's a security for us to continue our job without problems but in private job there is nothing permanent for us. A short mistake can lead us to leave our job in private sector. But it is also true that to get a govt job is not a easy task. We will have to work hard to get a job.

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.

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.

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.

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.

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.

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.

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.

Hi friends.

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.