Private sector jobs are said to have a lower job security than government jobs....is it true?

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Topic : Job security - day in and day out issue

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	Private sector jobs are said to have a lower job security than government jobs....is it true? Asked by : JAYANTA KUMAR BORAH, B.Tech/B.E GRADUATE, Annamalai university Industry : Public Sector/Government Functional Area : Homes Keywords : private sector job security govt sector Activity: Question posted: 04 06 2011 11:16:15 +0000, 3 answers, 202 views, last activity 04 10 2011 08:08:53 +0000	Answer

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Employees always consider government jobs to be more secure than jobs in private sectors.But why???. It will be great if you can provide me good answers in this topic.

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3 Answers for "Private sector jobs are said to have a lower job security than government jobs....is it true?"

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Answered by Sujeet Vishwakarma, Managing Director, RCA Group | 04 10 2011 08:08:53 +0000

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It's the law of nature, High Risk, High Gain;Low Risk Low Gain. If we see the growth factor in Private segment. Switching the ladder can make any sincere professional go way up the ladder in Private Sector in a very short career span. Same conversely, if the performance is not maintained, the Companies do not tolerate unperforming nature. hence attrition and layoffs are frequent. Abundance of Graduates and Academically Qualified lot has made attrition a trend, but the ones working sincerely rarely see attrition effect, and are mostly seen growing. Government Jobs today, have become a synonym of "Do nothing get paid" earning system. That explains why Indian Government Departments are so slothy. Government has Introduced a VRS(Voluntary Retirement Scheme) for the employees not performing. They are given a Justification Notice, and asked to take a Voluntary retirement. But that never comes. Departments are unaware, hence existence does not matter. Security wise, Govt jobs are good. but Growth and potential tapping wise, I reckon Corporate Private segment is better.

Answered by Fazalur Rahman, ManPower Development Specialist (Leadership & Talent Development) | 04 06 2011 16:49:11 +0000

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Yes, to an extent it is true, because of the biased approach. If the company has well prescribed HR policy this bias could be reduced. The job security is depending on the stipulated norms which is strong in government sector and weak in private sectors.

Answered by sampat dahiya, B.Tech/B.E. student, MECRC,Jodhpur | 04 06 2011 13:39:13 +0000

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