This is one of the most common questions crawling among every that student who is about to complete their studies and looking for a career start. They often think what they should go for – Private or government job? On one hand, government job vacancy is generally announced publicly and conduct written test, post their job eligibility and you will be called for the interview while in the private sector, you need to go for the respective offices and attend the interviews having a series of interview rounds to get the job.

Comparison between Private Job and Government Job

According to Assignment Help, though both private and government jobs have their own pros and cons so, it completely depends on you what you should go for. The obvious argument between these two is that private jobs come with more pay while government jobs are more secure. But this is not all. If you also want to know about both these jobs in depth, let’s take a look at these comparative points.

  • Competition: There are numerous students and graduates who wish to have a government job but not all of them appear for exams due to the limited seats and tough competition. In order to get success in exam, you are required to hard work and spend dedicated amount of time and fulfill other criteria as well but in case of private jobs, they are plenty with less competition.
  • Recruitment Sources: This is one of the most common misconceptions among many students in the country even lead by their parents also that government vacancy occur rarely and they are less in number so the private jobs are better but this is not true. You can be notified about every government job on its official website and in newspapers with thousands of applicants while in the private sector, there are consultancies for hiring candidates from companies via different rounds of recruitment process.
  • Job Security: This is one of the major factors that influence the student’s decision as in the private sector; you could lose your job due to the market situation and company’s poor financial situation or due to recession in which private companies fire many employees to cut down their cost. But this is not the case with government jobs. They are relatively more stable and provide better job security. Employees often evaluated on the basis of their capabilities and performance. Thus, more and more students go with government jobs as they feel secure. contact with us and get Online Accounting Assignment Help
  • Salary: Salary is another important factor that works an influence for the students as well as this is the main reason for which most of the students apply for the private jobs. Here, they get paid plenty of money instead of benefits for the longer period of time. While in the government jobs, they get less salary compared to private sector. Government jobs have standardized increments while private jobs are annual or half yearly.
  • Retirement policy: In comparison to private jobs, government jobs are more secured in terms of retirement policies. According to experts at assignment help Australia, there are benefits of pension schemes through which they can easily maintain their life styles and standards while in the private company, the employees are required to make and take care of their future plans after retirements. Along with this, the government jobs also provide various benefits to employees after retirement.
  • Growth: The retirement age in the government jobs is 58 to 60 years hence it is obvious that the growth you are expecting here is less and takes long period of time. However in the private sector, there are high growth standards as it is based on your talent and skills.  
  • Flexibility and holidays: This area is also in the favor of government jobs as here, you will get more no of holidays in comparison to private sector. In addition to this, they also provide more flexible options of leave approval and employee friendly compared to private jobs. While in the private jobs, you will be assigned very less leaves compared to government jobs as well as approval of leaves is also not flexible.  
  • Relocation options: Most of the students go with the government jobs as they provide good re-location policies to employees. Any government employee can be re-located to new place while working with the same company but this is not the case with private companies. Here, graduates do not find any flexibility options for re-locating where they want to.
  • Other benefits: The government sector provides more benefits other than salary such as pensions, concession in using government entities such as medical facilities, loans and many more. But in the private sector, employees get the benefits in totally different ways such as outings, reimbursements for expenses or travel abroad etc.

So, this is quite obvious that both the sectors have their own pros and cons. Now it is up to you which one you choose or consider for your career.