Public Sector being a Guarantor of Job Security is a Myth

Hey guys,

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.

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.

Dear friends,

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.

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.

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.

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.

Good luck.

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.

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.

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.

Hello all,

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.