If you plan on pursuing a govt. Job after MBA from MBA College in Delhi NCR then here’s what you need to say before you make the final decision. Compare all the advantages and disadvantages of both the private and public sector, and then choose the one that best suits you.
Business Management Masters or MBA is one of India’s most common courses of choice for students. Nearly any other student applies for an MBA degree irrespective of their previous academic experience. The question which most troubles them, though, is what to do after MBA from MBA College in Delhi NCR? It’s not because they don’t know what job descriptions to apply for because there are different divisions that they can choose which range from finance, accounting, business development and others. The biggest question they face is whether to go for a job in the private sector or a career in the public sector? Needless to say, a government job’s pay and benefits often rate above those of private jobs, thereby attracting a plethora of government jobs for MBA graduates after passing from MBA College in Delhi NCR. So, consider the points listed below to make a wise decision before you put on hard work in getting a government job.
Entry-Level Job Scenario
State or central government give the graduates adequate wages for entry-level jobs. One shouldn’t expect a salary that has impressive figures to fuel the expectations. This was somewhat unprecedented, according to the latest data obtained from a partnership with the Department of Post on recruiting for the postman and mail guard positions”The minimum requirement for the postal education was Class X or XII. The salary was 20,000 Rs! “The Hindu reported.
Perks and Benefits
The related incentives and services, such as maternity benefits or medical benefits, are better off from government agencies than from the private sector. That is unquestionably real.
If we look at the downside of government jobs in terms of wages and other benefits, it is found that wages in government agencies are only adequate at the entry level. Despite the much-hyped perks, the compensation appears to stagnate several years down the road. Compared to private officials, government officials are usually on the lighter side of their accounts, since they often earn higher salaries from private practitioners.
A professional employee, working for a private corporation, can step up to the AVP or VP level within 15 years. An employee in a government agency, however, can become a senior clerk or superintendent within 15 years, earning just one-third of what an employee earns in a private company. Therefore, a work which today offers an attractive salary will become a liability within 10-15 years. Competent workers are irritated when their merit is not recognised and properly compensated for. During the early stages, a job in the private sector may be difficult, but over a period of time it brings good rewards for those who enjoy it.
Job Security vs. Accountability
Despite the evolving laws, government workers are no longer tedious and unregulated; it has contributed to greater transparency and accountability. The non-performers who joined the company with the sole purpose of accumulating and that bank accounts figures are now indulging in concerted policies to transcend their normal performance for productivity enhancement. At the other hand, however, an MBA graduate of MBA College in Delhi NCR should give a thought to the fact that why he wants to work in governmental organization hierarchy. A brief cognitive analysis will then help to conclude on the larger motive or objective of acting as a driving force throughout the goal attainment process. The present digital age has increased accountability more than it has been in years of negligent government. The operation of the government agency has become more diligent to check corruption and inefficiency.
Competency is Rewarded
The Department of Personnel and Training has also established comprehensive procedures for dealing with questionable honesty non-performers and officers. This means, today, government employees are no longer allowed to hold on to their jobs if they do not perform their duties properly, misbehave and take work lightly. At the other hand, unlike before, the government is developing contractual positions, based on the human resources required for a specific project. For example, the Bihar Rural Livelihood Promotion Society contractually hired staff for positions ranging from social worker to a director. So, all government jobs will no longer be ‘permanent.’ The government is also considering outsourcing some of the jobs to the private sector.
ADVANTAGES & DISADVANTAGES OF GOVT. JOB
Jobs in the public and private sectors come with some additional benefits and demerits
Job seekers have to choose according to their appetite for risk. There has been one persistent dilemma for most middle-income Indians-whether to go for a job in the private sector or a job in the government sector. Private sector jobs have come to the fore in the last couple of decades, before which government job was the ultimate prize for a job seeker. It seems we’re back to the times when government jobs are beginning to become attractive again. While government workers have always been seen as the one with comparatively less monetary benefits but with the advent of the 7th pay commission, the scenario has changed for good.
Earlier, Indians were more inclined to work in the private sector, but now, even among the younger generation, the confidence in the public sector employment is growing. Private sectors are vulnerable to layoffs that we have witnessed in the recent layoff of giant companies such as Flipkart, Hiree etc. and we have witnessed these layoffs as well in the past even during the recession period. Whereas the condition of the workers remained more or less the same in government industries, and the work responsibilities remained unchanged.
Now the next significant factor would be the pay structure, since it is a very important factor for any individual looking for jobs. The pay hike of 24 per cent, which a government employee gets, is on par with the private sector since the implementation of the 7th pay commission. While several allowances have now permanently eliminated such a walk, given the enormous number of officials, it is likely to be meagre. Employment in the government sector are less demanding compared with private sector jobs. Even if heavy, the workload in government employment will have more than enough timeline to complete it in the best possible way, unlike that of private sector workers. Government workers provide more services such as email, mobile access and LTC. Although the efficiency of the facilities is debatable, it is an advantage nonetheless.
The critical wage increase – Your pay will rise in government jobs which will have little connection with your results. Although it’s awesome if you’re working hard, changes arise if you’re not performing in a year. So, it may actually be a disadvantage for over-achievers, but if you’re an average performer, that’s great. In government jobs, there are more Government holidays compared to the private sector. Often, you’ve got a 5 day work week. You’ve also got a certain amount of paid holidays in a year to add to all that. Nevertheless, you will consider your own experiences and inclinations in moving toward your desired job in the MBA government.