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Candidates can check which is the best career sector they can choose: Government or Private.
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Government Jobs vs Private Jobs Back to the 1980s, when the only source of income for the people in the average middle-class family was the public or the government sector. There were very few private-sector companies in India at that time. But now, there are many private-sector companies registered in India and people are willing to get jobs in these companies.
Government Jobs vs Private Jobs – The Difference! • Vacancies • With many companies/industries set-up in India there are more openings available in Private sector. While the government sector offers less vacancies, so they are more competitive. The only difference is that government recruitments involve exams to keep the selection fair. • Salary Offered • Government-sector jobs don’t pay well but private companies offer regular increments. But in banks and government jobs, you usually get other perks (like residence, transportation cost, etc.) which private-sector companies does not provide. • In government-sector, there is fixed salary for different posts, but in private-sector, your salary will be increased based on your performance.
Government Jobs vs Private Jobs – The Difference! • Technology • Government-sector does not provide you the best technologies to work on. This is due to the corruption which is common in every sector. • Private-sector companies will provide you the best technologies to work on. This will also help you to know more about the new technologies. • Work Schedule • Government Jobs have a fixed timing and their shift is of 7 hours usually. Whereas, in private jobs, focus is on getting the work done so there are no rigid rules about work time and work schedule. • Private companies have long work hours and expect you to go out of your way to accomplish more targets than you can.
Government Jobs vs Private Jobs – The Difference! • Facilities • Government jobs provide various allowances to an employee such as transportation allowance, house rent allowance etc. They also provide government accommodation to their employees in need. They even get a travelling allowance known as LTC to the employee to enjoy his vacations within the country along with his family after a period of every 4 years. Private companies also provides good facilities, but only to a few. • Holidays • Private sector gives its employees the autonomy to celebrate and take leaves if they are performing satisfactorily. This helps the private sector retain their over-working employees. • Government-sector have a large number of public and national holidays in India. So, you are assured a long list of Holidays to enjoy.
Some Government Companies • Some Government-sector companies in which you can make your career: • INDIAN OIL CORPORATION LIMITED • BHARAT PETROLEUM CORPORATION LIMITED • HINDUSTAN PETROLEUM CORPORATION • STATE BANK OF INDIA • OIL AND NATURAL GAS CORPORATION (ONGC) • NTPC LIMITED • GAIL INDIA LIMITED • PUNJAB NATIONAL BANK
Some Private Companies • Some private companies in which you can make your career: • Reliance Industries Limited • Tata Consultancy Services (TCS) • Infosys Technologies Ltd • Wipro Limited • Bharti Tele-Ventures Limited • ITC Limited • Hindustan Lever Limited • ICICI Bank Limited If you want to get a job in private banks you can check the vacancies and recruitment procedure for Private Banks from here.