Public Sector being a Guarantor of Job Security is a Myth

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.

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.

Hi friends.

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.

Hi friends,

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.

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.

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.

Thank you.

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?

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.

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.

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.