Which Job is Better either Private or Public?
Answer: In
times of great economic difficulty, those seeking employment in a competitive
job market should keep all their options open. Job opportunities in both the
private and public sector offer potential career options, depending upon one’s
background. The terms private and public sector are, however, thrown around a
bit loosely. Understanding the similarities and differences between each can
help you make sense of which is better for him.Definitions:
The
primary difference between public and private sector workers is in who they
work for. Public sector workers are those that work for some sort of government
agency. When people refer to jobs in the public sector, they are oftentimes
referring to jobs with the federal government. However, these jobs can also be
found in both state and local government as well. Private sector jobs are those
found with employers who are non-government agencies. These can include both
individual business owners and other forms of company organization such as
corporations or limited partnerships.
>> Public Jobs:
IAS,
Banking, State service and UPSC jobs are very popular in the public sector job
category and a lot of candidates study whole year to qualify for these exams
and competition is very tough. Candidates need to study regularly and keep
themselves updated with knowledge, current affairs and reasoning skills etc.
Once a candidate clears written test, they must go through an interview which
is the utmost important thing. The main benefit of a public job is attributed
to the job security. There is no fear of losing jobs due to petty issues. Also
in case, who can do well in his domain, can add to their advantage in pension
and holidays.
>> Private Jobs:
Since
the private sector is completely different from the public jobs in every other
way, the differences also lie in the selection procedure for it. It is a really
professional way to get a job into the private sector. Most of the companies
recruit graduates by checking their attitude, technical skills and ability to
perform the work. Here are the chances of losing jobs once the employee is out
of performance level. Here also exists a lot of competition and talent, so one
has to always be updated with their skills in order to retain the job.
Every
Job Sector has a Pros and Cons. Similarly, Government Sector and Private Sector
have their own Pros and Cons. So, let’s discuss on Pros and Cons of the
Government and Private Sector in detail.
1. Recruitment Process / No of Vacancies – Public Jobs vs Private Jobs
Many
people would assume, there is large no of Job Vacancies available in the
private sector due to the rise in the industries being set up. Students from
the top engineering colleges in Andhra Pradesh,
Pune, etc. have a good campus recruitment process in their respective colleges.
But the fact is Public Sector Jobs also increased at the same pace.
Almost
all the Central Government Companies, State Government companies, PSUs (Public
Sector Units) Recruit the Graduates throughout the entire year by releasing the
official notifications which clearly authorize the total number of vacancies
available, whereas in private sector will not have an exact number of vacancies
available.
2. Salary Packages –Public Jobs vs Private Jobs:
Unlike
old days, packages of Government posts are competing with the private sector
Jobs. Government Jobs have an advantage of perks like DA, HRA, TA, Medical
(ESI), etc. Along with this, you will be eligible for pension also which makes
public Job more attractive than private jobs.
The
employees in PSUs are well paid and they get residential accommodation along
with medical and other government entitled benefits. On another hand, private
Sector jobs also have high packages, but they have a drawback like pension and
performance-based hikes. Especially with the campus recruitment on a hike,
Universities such as Brainware Group of Institutions,
Lovely Professional University promise their students a good salary package at
the beginning of their academic year.
3. Government Jobs Vs Private Jobs – Benefits & Perks
Each
Sector has their own benefits and perks.
Government
Sector has pensions, concessions at Government entities like Railway Pass,
Medical facilities at Public Hospitals. Getting loans is easy for Government
Employees.
Whereas
a Private Sector Jobs have huge no of benefits. In Private sector, you get
frequent reimbursements, outings, office snacks and paid holidays. Along with
these, you will be a chance to work in Foreign countries like USA, UK, Canada,
Germany, Singapore, UAE etc. This makes IT/Software Jobs more attractive than
government Jobs.
4. >> Government Jobs vs Private Jobs – Work Pressure
Unlike
the old days, government Jobs also involved a lot of work these days. So, in
terms of work pressure, both have the same level of work stress.
In
the government sector, the workload is distributed officially. So, once you are
able to finish your workload, you are free. Whereas in private sector, you will
have tremendous pressure and need to share the work with others in order to
meet deadlines. The Banking Sector is almost same as Private Sector Jobs.
Nowadays bank employees also having tremendous pressure due to
Changes/ digitization in the banking sector.
Like
these, there can be a lot of points of debate between these two kinds of jobs
like work hours, growth and promotion, scope and nature, etc. But the most
important time comes at the point of execution. And here cons the question and
with these some noteworthy points also occur:
•
When one is ambitious and wants to climb the ladder of life fast, then
public jobs is not the cup of tea for him/her. There is a lot of opportunities
in private sector jobs to progress fast in life.
•
But when one wants to live the life with peace and doesn’t care about
the salary and ambitions of life, then public jobs are the perfect match for
him.
Amidst the society where finding a job is getting
tough and tougher, one's should primary responsibility is to study hard and be
well prepared for getting a job, whatever it may be, private or public. Then
comes the question of picking up the superior. Thus, private and public jobs
both provide a great boost to the economic backbone as well as mankind. So, it
will be much greater if the public & private companies go side by side
complementing each other.Conclusion: As per today in coivd19 Government Jobs are best. Because people will get fixed salary every month. But there are only 2% government jobs in India and 98% Jobs are from private sector.
Thanks & Regards
Best Of Luck To All.
0 comments:
Post a Comment