Over the last few years the attraction of jobs in the private sector had increased in multitude. More and more job seekers are interested to work in multinational corporations and private sector units. With the implementation of the Sixth Pay Commission, which has raised the pay packets of government employees almost at par with their private sector counterparts, the charm of private sector jobs started diminishing with the absent of security of jobs over a definite time period.
India is a large country with a mixed company (i.e. both public & private sector). The population in India is large. There is much unemployment in India. People are just running for jobs to find whether in private or public sector industries. With this difference between the jobs available and jobless persons, there are many people looking and searching jobs in private and public sector.
For those in the middle class families in India, the question of, whether to join the private sector jobs or the government jobs, is one of the perpetual dilemmas that stays in their minds. The scenario was not so in the last century, when most of the jobs were being provided under the government and the private jobs didn’t have their holding in the country.
In a recent group coaching call I led, a caller asked about transitioning from the public sector to the private sector. Keep in mind that your industry and functional expertise also determine how a transition should be made. But even assuming that industry and function stay constant (e.g., you are moving from a public hospital to a private one and staying in the same department), the transition between sectors alone still needs to be managed.
It is not easy to forget the bygone days, when people would walk with pride, if they had a job at hand. These jobs were obviously in the government sectors and departments as the private organizations didn’t exist at all. Whatever work was done through private organization were in partnership with the government and such undertakings were called as the public sector organizations. They still were included in the government sector.
Public sector jobs are always preferred as most reputed as well as secured jobs among all opportunities. With better pay packages, especially after the implementation of 6th Pay Commission recommendations, the jobs with public sector are offering compensations at par with the private sector jobs in the similar industry.
The real estate market today is becoming more aggressive and organised. The sector is opening up to foreign direct investment and private equity funds like any other sector in the economy, and this will push it towards more institutionalisation and organisation.
It is not a query that seems to be yet found on an unsolved condition especially when we all after gaining the minimum height of maturity become aware about the private sector jobs and their importance. No trace of hesitation can ever be captured if at all one dares to conduct a survey in counting the heads of those likeminded individuals who are striving hard to seek the best Indian government jobs no matter in what tock of the clock pulse. Also on this date where competition seems to have reached the unscalable height in front of a cut throat generation
Each Year, government departments, semi government organizations, autonomous bodies and large industrial units spend billions of dollars, buying a wide variety of goods, services and infrastructures from the private sector. This purchasing encourages fair & open competition between suppliers & aims to achieve the ‘Best Value for Money’. Private sector suppliers & contractors, both large & small can effectively enter into this market which can open a new avenue of business for them.
Private jets covers almost all corners of the world and they are known for it and the kind of extra ordinary services that they provide and that is main reason behind the enhancement and growth of this sector.
As business becomes more globalized, there is a growing need for interperters and translators. Career opportunities can range from private sector jobs for public and private companies to government jobs.
Since independence the public sector in India has played a pivotal role in development of the country. Till now, when various private players have entered the Indian market in almost all spheres of economic activity, the role of public sector companies cannot be undermined. Public sector in India provides employment to millions of people and provides excellent job prospects.
Increasing Bank recruitment to satisfy working personnel requirements in the Banking sector (Public and private sector) in the recent years has grabbed the interest of lakhs of candidates that want a satisfying Bank PO or Clerical job.
In today’s competitive world, if you want to stay ahead of the rat race then you need to have all the information regarding your goal and your focus should be clear. Despite the huge opportunities offered by the private sector jobs, the jobs in the public sector still remain coveted for the benefits and perks that they offer along with job stability.
The shape of the private corporate sector has begun disintegrated in recent times. Most of the companies have fallen apart with bad economic times and situations. This is why many private employers are not carrying out fresh recruitment services and activities.