These are the observed merits and demerits of Government jobs have observed:
PROS OF GOVERNMENT JOBS
The best aspects of a government job include:
STABILITY: Unlike the private sector where
companies can go out of business, the
government never goes out of business.
Agencies or offices may close or morph into
new forms, but there will always be
government jobs. Employees will always be
needed to complete the tasks only
government does, and additional employees
will always be needed to support them.
Moreover, incessant laying off of workers is
less prevalent in government jobs than private ones.
FLEXIBILITY: In the vast majority of positions,
workers can easily maintain a healthy work-
life balance. Additionally, telecommuting
and alternative work schedules are common
in government agencies. For jobs that
require employees to conduct much of their
business away from the office, government
organizations have begun providing
equipment to facilitate a mobile workforce.
BENEFITS: Government benefits almost
always exceed private sector benefits
packages. Employees often have superior
health care plans with lower cost and
favorable retirement plans. In prolonged
recessions, government and private sector
benefit packages both get worse. Still,
government benefits remain better.
TIME OFF. Leave time accruals are
generous, and managers tend to be
permissive in approving vacation time.
Federal holidays are observed. State and
local governments sometimes have their
own additional holidays.
CONS OF GOVERNMENT JOB
The worst aspects of a government job include:
SLOW SALARY GROWTH: Cost-of-living
adjustments authorized for government
employees rarely keep up with inflation, and
merit raises are given to only a small
percentage of top performers. For big salary
increases, government employees have to
compete for vacant positions with higher
salaries.
CAPPED EARNING POTENTIAL: Government
executives are often paid less than their
private sector counterparts. To hit the big
paydays, high level government employees
jump to the private sector.
LOW LEVELS OF CONTROL: Bureaucracy
doesn’t only frustrate citizens. It also
plagues government employees wanting to
get things done quickly. Expect all major
and many minor decisions to go through
some sort of formal approval process.
LAZY CO-WORKERS:
Adages about lazy government workers exist for a reason.
Some government employees just do what
is asked of them and no more, but there are
far more employees who are driven to
achieve more than just the bare minimum.
Unfortunately, poor performers are rarely
coached to better performance or fired for
cause.
No matter what you want to do, chances are you can do it for the government. You just need to make sure that you're willing to put up with the negative aspects in exchange for the positive ones.
However, if you happen to be lucky to be faced with a choice of choosing between a government job and a private one. I will advise you to consider the one with a better Job security, Flexibility and a fairly comfortable salary.
So let's assume you get a private job that will pay you 150k per month and a government job that offers to pay 110k monthly. The private job offers a better pay obviously but if it doesn't guarantee you of Job security and a flexible time table that can make you pursue other profitable endeavours unlike the government job, My advise is you choose the government job.
The secret of wealth is not necessarily a relatively better pay on the short term but the ability to diversify your sources of income using a steady stream of income.
However, regardless of the job you find yourself, never ignore this secret if you want to be wealthy in the long run.
No comments:
Post a Comment