Salary Comparison for PSU/Govt Vs Private- Why Hue and Cry over Salary Rev of PSU Employee

Before giving opinion, thoroughly check-up with the benefits, emoluments etc., and give your opinion.  Kindly inform me which PSU is providing House, Free Education, Free insurance coverage and Good recreational facilities etc.,

For your information, none of the PSUs are providing anything "FREE". People working Govt services are provided with Rs.10,000/= each per year upto two children towareds educational grant. Even this facility is not extended to PSUs.

Those days are gone, PSU employees style of functioning has changed drastically, let it be an employee in marketing or administration.  With the entry of private players, they have realised the fact that, hereafter it will be a situation of "survival of the fittest".  Hence, they contribute a lot and the statistics clearly exhibit the result. Hence, they thoroughly deserve a package at par with the counter-parts at  Private Sector.

Every one feels that Laddu in other thali is very big. It fits good for miss sarkar. Its good that u work hard but probably u didn't get the chance working for PSU , u have joined the Private organization. Its ur good luck u didn't got the chance else u people could not have lasted longer because of the responsibility. Every organisation has musketeers but not every one is n=musketeers and thats why so many indian PSU are in Fortune 500 List.

JAi Hind.

@meera:some psu are working more efficiently then their counterparts in privatesector.Why not salary of these psu employee should be as par with private companies??

@sonali:when a company is earning profits through years ..it means its employees are working at their best.Certainly we have a lot of work pressure,like our private counterparts.salary must be justified on the basis of profit an organization is making.I feel pride in working for a psu and good compensation package derives me to give my best.

In my opinion salary of PSU employees should be hiked because PSU employees more accountable then the private sector. During the recession period india's economy was sustainable only because of PSU's working culture.

PSUs are working under the set procedures and rules set by Govt. of India so these PSUs making good profits under so many constraints.  Even though contributing largely in Govt. exchequer.

 NO PSU sector salaries are Justifide therefore it should be hike

Gone are those days when PSU employees were vested with less responsibility and strong security.  They assume more risk, accountability is large and their style of functioning has changed dramatically and drastically with the entry of Private Players in many fields due to Globalisation and libaralisation.  For instance, just analyse the functioning of one of the Giant PSU  Life Ins.Corpn, They are accumulating and amassing huge new premium income,  still occupying the No.1 position with lions' share of market.  Besides, they write letters in advance, send e-mails, reminders even telegrams to policy holders when the policy is matured for payment. Even in some remote rural areas, Officials, agents reach the insured to handover the benefits.No doubt the work force has realised the existing scenario of 'survival of the fittest'.  But, the remuneration they receive is far less than what the employees of Private players receive.  Most certainly, the volume of work discharged by the LIC employee is much more huge when compared with the employees of Private Players.  HENCE,  THEY DESERVE A BETTER PACKAGE. 

PSU banks are held more accountable than other private banks, they are not completely profit oriented in some sense. while private sector banks works only for profit. So both things are having pro and cons. but now banking is in service industry where service matters. So big PSUS like SBI, BoB, PNB they    have to gear up fo the competition if they want to servive their organisation.

Slowly and steadfastly PSU bank staff will realise it shorly in coming days.

So i will support salary hike in PSU banks with performance measurement like 10 or 20% will depend on ur performance. It will improve staff efficiency of PSUs.

I think the day has come when one has to think that if they want to save the PSU then they have to see the necessary hike in salary structure. Due to this the cream of the Organisation is leaving and those not working are intact in the organisation doing nothing good. In pvt sector a person is earning 1.5 lac per month where the same exp person in PSU gets 50 thousand. What do u expect from that employee? Hike is totally justified and level field shall be created to see the match going neck to neck. Jai Hind