Advantages
of Government Sector Jobs over Private Sector
1.) Job Security
The biggest advantage of Government job is “Job Security”.
Private sectors are prone to layoffs and we
have very well witnessed such layoffs in the past during the time of recession.
Whereas, in government sectors the situation of the employees more or less
remained same and the job positions remained intact.
2.) Pay
Structure
Now the next significant factor would that be
of the pay structure, as it is a very important factor for any
job-searching individual. After the introduction of the 6th pay
commission, the pay, which a government employee gets, is in par with the
corporate sector and I don’t think that you would have anything to complain
about here!!
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3.)
Working Hours
Personally I think the next factor an employee
would scratch his head over is of the number of working hours he
/ she has to input and that is a big plus over private sector. In government
sector jobs, there are standard working hours, unlike private sector ones,
where an individual has to do overtime against ones wishes (many time without
any benefits as well). And if at all situation demands a government employee to
do overtime, then he / she is entitled to attractive overtime benefits.
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4.) Promotions: An
important factor, which any job seeker would take in account, is the promotional
benefits. In government jobs, promotion is always based on the service
period hence, the longer you work, and higher are the promotional opportunities.
Obviously, this can be called as advantage as well as disadvantage because for
someone who is above average may not be able to grow faster than his average
counterparts
5.)
Benefits & Perks: Next comes the benefit & perks a
Government employee gets. For government jobs, many benefits such as retirement
benefits, pension plans and funds exist moreover benefits such as medical,
housing, loans, childcare etc. are also available. While some large private
sector companies do offer such benefits, majority of them don’t offer except
for mandatory ones.
Retirement becomes a factor and in the later
part of our career and the retirement age of 60 years and in some cases of 58
years ensures longevity of an individual’s career.
6.)
Work Stress: Government sector jobs are not at all stressful when compared
to the jobs in private sector. The work load in governments jobs even if high
would have more than enough time frame to complete it in the best manner
possible unlike that of private sector jobs.
And here are some additional ones as well.
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7.) More facilities –
Government jobs provide more facilities like internet, telephone subscription,
LTC. While the quality of the services is debatable, it is nonetheless and advantage
8.) Inevitable salary
increment – In government jobs your salary will increase
which will have no correlation with your performance. While it is
great if you are hard-working, increments happen whether are not you perform.
So, for over-achievers, it may be actually a dis-advantage, but if you are an
average performer, this is great.
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9.) More holidays –
There are more Government holidays in Government jobs compared to private
sector. In addition you also have a 5 day work week. To add to all this, you
also have certain amount of paid holidays in a year.
10.) Respect – If
you are a government employee then you will get respect from a subset of
government employees and people because of your position and power.
To conclude, the main benefits of working with
government organizations is the reputation associated with it on a whole as
well as the numerous opportunities coming up in recent times due to stellar
growth of Indian Economy.
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Also, I would like to highlight that Private
Sector jobs do have their own advantages as well, and in many cases a Government
job may not be right for an individual.