Public Sector being a Guarantor of Job Security is a Myth

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.

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.

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.

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.

Hello,

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.

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 :) :).

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.

Hello guys!

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.

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".

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.