The start of the millennium saw a surge in the literacy levels across the country. More and more people not only started completing their basic matriculation but the number of people going in for higher studies also increased. As a result, the working class witnessed a surge in not only manpower but also brainpower. But today instead of being proud of its increasing crowd of well educated youths, India is facing an acute shortage of jobs to accommodate them. In an age which is repeatedly being hit by recession and lack of jobs, to have a job is a huge achievement, irrespective of it being in the public or the private sector.
The private sector offers maximum number of jobs available in the country. The private sector attracts the young talent of the country due to the following reasons-
- Selection procedure is fair and is mostly based on the talent and merit of the candidate.
- Attractive starting salaries and high growth potential through merit based promotion.
- Fast paced working style and environments give employees job satisfaction.
But the fast paced working lifestyle of private jobs is the primary culprit of the major lifestyle diseases which are booming today. Also, despite its attractive advantages, a private job can never be fully dependent on in an age where recession is on the rise. People in the senior most position also stand to lose their job on any given day in the private sector.
In a country which is held together by the reins of government and its politics, to have a government job is considered the most safe and lucrative option. Despite the many advantages which a job in the private sector has over a government job, most people in India prefer a government job for the following few reasons-
- Financial services, such as mortgages at a low rate of interest offered by the respective department where the employee is working.
- Promotions and pay raises at specified intervals.
- Relatively stronger immunity against job loss.
- More relaxed, congenial working style.
- Job Security
- Benefits and perks
Few of these reasons are explained below :
God salary and perks: With a govt job, you receive decent salary and also extra benefits. You usually receive your salary every month on time, which is not right about private jobs
Lifetime Pension: Pension is also an advantage of having a govt job. Even after retirement, you will receive some pension for rest of your life.
Good free time: Government job timing is limited unlike private offices’ 8-10 hours of work. You will get a lot of time for your family and other things and tasks.
You do not need many skills: In order to survive in a govt job, you need not to possess many skills. You can manage with whatever qualification you have.
Other perks: Unlike a private job, in government sector, you get many benefits along with your salary. You get housing facility, healthcare, insurance and other allowances including TA and DA.
Vacation: Your government job gives you many government holidays along with enough numbers of paid leaves and workload is also less.
Job security and social security: With govt job, you will get job security and also, good reputation in the society.