Public Sector being a Guarantor of Job Security is a Myth

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.

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.

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!

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.

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.

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.

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.

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.

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.

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.