Here’s why building a career with a government job always attracts job seekers

By Abishek Patil,

There was a time when every job seeker in India wanted to work for a multinational company. But now times have changed. Although the private sector has mushroomed over the past few decades, the craze for government jobs in India has only increased. Take for example, one of the most reputable government exams in the country, UPSC CSE, the trend is as shown in the figure below.

The government sector has many opportunities for people looking for stability in a job. Also, the sector offers a plethora of profiles that a person can choose from depending on their area of ​​interest and qualification. Another factor to consider here is current government policies. With campaigns like “Make In India”, the number of public sector jobs will increase in the coming years. Thus, the sector presents impressive prospects for job seekers.

Other than that, the fronts where government jobs are crowding out their private sector counterparts. These are:

– This is where the jobs are

A report outlining the NDA’s vision, Transforming India, released by the Department of Administrative Reforms last month, says 175 million new jobs could be created by 2032 if the economy grows by 10% a year; the figure is 115 million if it increases by 7%. And most of those jobs will be in the public sector. Take the Indian banking sector for example. According to a report by Icra Ltd, the rating agency, public sector banks hold more than 75% of total banking sector assets. Private and foreign banks hold more than 18% and 6% respectively. Not to mention that jobs also have a similar ratio.

– Endless options to choose from

People from all kinds of educational backgrounds are welcome by the government. You are an engineer, wanting to work as a banker; the government sector has options for you (IBPS PO, IBPS Clerk). There are multiple public sector units like BEL, BHEL, GAIL etc. who hire people for all kinds of profiles. There are jobs in the central government such as IAS, IFS, IPS, etc. where you can actually make a difference through your policies. Jobs like those at IFS help you achieve the dream of working in a foreign country. Even if you aspire to serve in the nation’s defense forces, the government sector gives you plenty of options.

– Competitive compensation

Since the establishment of the 7th salary commission, the salary grid for public jobs is at the same level as that of its private counterpart. Apart from monetary compensation, government jobs also come with generous benefits such as accommodation facilities, health benefits, pension for life, etc. Take for example a bank employee in the public sector, his salary scale is shown in the following figure.

– job security

This is by far one of the biggest advantages of a government job over a private job. Government jobs are unaffected by a weak economy. There is very little chance that a government employee will ever lose their job. In most cases, the job is kept until the person is eligible for retirement. Employees in government offices have a fixed income for the duration of their tenure, and job security is also maintained until the end. This is best stated by the following statement made by MS Mohan, Executive Director (HR), Bharat Petroleum. “Public sector companies have done cutting-edge work in all areas of the petroleum industry. This kind of expertise does not exist in the private sector, so public sector employees are picked up like cherries. most large public sector companies. Including Bharat Petroleum, other UAPs go through elaborate recruitment processes. It means we have a crop of people who are in demand.”

– Reputation or societal status

In our society, an IAS officer, a banker or an army officer, etc. are highly respected jobs. Also, government jobs put you in a position of power and as a result, there will be people working under you and giving you the respect you deserve. In addition, the private sector places a high value on people who have worked in the public sector. Most people in the public sector have excellent functional knowledge and are well trained in a variety of areas such as banking, general banking, forex and treasury and are therefore in high demand. Even a retired civil servant is very valuable. They can hold various positions in government or private organizations and can offer consultation on various issues. So even after retirement, you can continue to enjoy the benefits of your skills.

– Good work exposure

As a government employee, you could work in various departments. For example, an IAS officer is responsible for government affairs and works in the areas of agriculture, policy implementation, etc. This policy implementation requires supervision and also travel to various locations. Also, over the course of service, an officer’s responsibilities change. At the very beginning of their career, the officers of the IAS join the state administration at the subdivisional level, as a subdivisional magistrate, and deal with public order, general administration and the work of development in the area for which they are responsible. This provides great exposure and experience to the person.

– Work for the public good

Working for the government can mean overseeing inspections that ensure the quality of the food supply, conducting scientific research that leads to breakthroughs in science and technology, conducting surveys and analyzing data that create better social programs for children and families in need. Or, it could mean writing the reports, building the infrastructure, or cooking the meals that support these vital projects. One of the biggest draws of government jobs is the opportunity to make a positive difference, which is a source of employee pride. This satisfaction comes from knowing that you are helping and serving people in their role as public employees. The perks that a government job offers, combined with the opportunities it presents to the people who work there, is sure to be a sunny industry for years to come.

(The author is CEO and co-founder of Oliveboard – online learning and assessment platform for banking and government exams. Opinions expressed are personal.)

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