While pvt. jobs have higher pay, higher growth rate, but very stress full environment, govt. jobs score in perks, job security, *status*,and stress less environment.
One of the main reasons why people consider government jobs is for stability and job security. Government jobs are more difficult to get because of this, but if you have got your hands on one then you can be sure that you will have that job unless otherwise you decide to leave. They also come with good retirement benefits unlike jobs in the private sector. However, if you were to consider the salary scales, it is a known fact that government jobs pay lesser than any private organizations and have limited benefits. In the recent years however, with the demand for specific skills and experiences, government sectors have assessed their salary scales to suit the job market to ensure more suitable candidates can be recruited in to those specific job roles. Let us get to more detail...
Traditionally, government jobs have been considered safe with no or little threat of job loss, especially when job opportunities in the private sector were not. There was a time when governments, both Federal and State, were the biggest employers. Then, job seekers believed that bagging a government job made their or their children's lives more secure. I am sure if there are some improvements in government sectors viz. policies and infrastructures there will be again a big attraction for people and you will find people leaving their jobs from private companies and moving to govt sectors.
What Influences Candidates Towards Government Jobs? (Pros)
Nevertheless, Government jobs have traditionally offered many perks which private jobs do not. Here are a few job benefits and reasons for choosing a government job over a one in the private sector.
1.Pension: This is one of the attractions, as you get the pension for your lifetime after you retire, this is like a complete insurance for your entire life.
8. Perks: Most Government organizations provide housing facilities (like govt quarters without any hassles of rent etc), commuting, free health care for the family, allowances - Dearness allowances (DA), Travelling allowances (TA).
9. Leaves & Vacations: This is one of the most lucrative offer with the Government companies as you can always bag maximum holidays as there is less stress. Perks as LTAs etc are very flexible to claim.
10. Sense of Social Security: There is a strong sense of social & moral security with the government organizations.
11. Retirement benefits: Retirement benefits are tremendous as compared to private companies like PF, Pension, Gratuity etc.
On the other hand however, with higher salaries at private sector jobs come more working hours and sometimes jobs with bigger scope. That means you won’t have the luxury of working nine to five like in a government job or being paid for over time. But, you can be sure to get recognition for the work that you do and climbing the corporate ladder is much easier than in the government sector, as here you won’t necessarily have to go through certain strict procedure and hierarchy that is a must in the government sector. Let us see more details...