Government Vs private company

[Folaham]

Government companies pay pensions while private companies doesn't pay pension but the pay is very high.

Which would you prefer. A government job which you will get a pension or private job which pays high but no pension.

Contrary to your submission, private companies do pay pension. I am on payroll of a 100% privately owned company and this is my second of its kind and I can confirm to you that private companies pay pension.
So I will prefer a private company with higher pay over that of a government owned because, promotion is more rapid in private sector over government owned enterprises

 

[Adeyoola7]

I will go with government I prefer govt company because
There are a number of advantages to working in the public sector, including job stability and the various high-quality benefits packages available. These include excellent retirement benefits and favorable insurance policies. Public employees typically enjoy better job security than private employees, except during periods of major budget cuts. Also, many government positions are permanent appointments once a probationary period has been met. After this period has past, it is very unlikely for an employee to be laid off.

 

[nasiusman95]

The primary difference between public- and private-sector jobs is that public-sector jobs are generally within a government agency, whilst private-sector jobs are those where employees are working for non-governmental agencies. This includes jobs within individual businesses as well as within other types of company organizations.

If you are looking for employment but are not sure whether you seek to work within the public or private sector, then the following guide will provide you with some useful tips and advice on the different types of jobs available within each sector:

 

[Felixko]

Government companies pay pensioners and are owned by the government it is very reliable while private are owned by organizations or a persons no pension payment is available and it is not reliable because if the company is not making enough profit they can decide to lay off some worker's. Private companies compensate workers while government do not.

 

[Abisola]

There are a number of advantages to working in the public sector, including job stability and the various high-quality benefits packages available. These include excellent retirement benefits and favorable insurance policies. Public employees typically enjoy better job security than private employees, except during periods of major budget cuts. Also, many government positions are permanent appointments once a probationary period has been met. After this period has past, it is very unlikely for an employee to be laid off.

Furthermore, once you have been granted employment within the public sector, it is relatively easy to move from one public sector position to another whilst still retaining the same benefits, holiday entitlements, and sick pay as you did in your previous role. In general, government workers also tend to earn better compensation compared to their private-sector counterparts; however, certain private-sector occupations can earn far more than the average public-employee salary

Post automatically merged: Feb 9, 2021

The primary difference between public- and private-sector jobs is that public-sector jobs are generally within a government agency, whilst private-sector jobs are those where employees are working for non-governmental agencies. This includes jobs within individual businesses as well as within other types of company organizations.

If you are looking for employment but are not sure whether you seek to work within the public or private sector, then the following guide will provide you with some useful tips and advice on the different types of jobs available within each sector:

 

[Abid]

Both private and government company are profit able like private company pay you more as comapre to government company but government give you pension at the time of retirement while private company not give.

 

[Goodday]

I prefer working in government companies to that of private companies. Even apart from the disadvantage thread stated, there are still many other disadvantages associated with private companies that government workers don't go through. In private organizations, you can easily be sacked and most at times job security is very scared there but with government companies, workers most at times are respected for offering their services.

 

[DareIsrael]

Government job to me seems to be the better option. For many reason but just to state one alone. Government job provides you with a better retirement plan than private company work. And most times it last for a life time. This is a good reason to choose government job.

 

[Ezzyoj]

Government institutions are the best to work in, if you are in a better position with better pay monthly. Government institutions will pay you pension after retirement but private institutions will never do that. No stress in working for government like working with private organizations.

 

[Onachukwu]

Know the Major Differences between Private- and Public-Sector Companies. The primary difference between public- and private-sector jobs is that public-sector jobs are generally within a government agency, whilst private-sector jobs are those where employees are working for non-governmental agencies.

 

[Kehinde]

the federal sector tends to have better benefits. ... On the other hand, the private sector may not have the benefits package that a federal position offers. Unless you go to work for a large corporation, benefits may not be as generous as the federal sector would offer.

 

[Sake]

I prefer government because your salari will only exist. You wiy be entitled to every benefits and even if there's some events like pandemic or a long holiday you will still get paid full price. You still get your holiday bonus too even if you're not going to work for a year. You will get a pension when you retired

 

[Akinwale701]

Government companies pay pensions while private companies doesn't pay pension but the pay is very high.

Which would you prefer. A government job which you will get a pension or private job which pays high but no pension.

A shop should mainylly focus on grocery, grocers make a lot of sales every day die to the fact that everyone patronize them and they render services needed by almost everyone in any town or city that they are, so advertise goods in your store based in people's preference and choice

 

[Kiko]

The best-known benefits of working in the government sector are better retirement plans and insurance policies with extensive coverage. Studies have analyzed the compensation differential between the public sector and private sector employees. Government employees have more job security. It's difficult to lay off a government employee who has passed the probation period.

 

[Olubayo12]

Government companies pay pensions while private companies doesn't pay pension but the pay is very high.

Which would you prefer. A government job which you will get a pension or private job which pays high but no pension.

Governments companies have such an advantage that there is job security when you are given an appointment there although the pay isn't that high like private company... however in private company there is no job security and the workload is too very much that one will do much work, very much work

 

[Husnainali]

The public sector may be paid less than the private sector, but it has better benefits. The increase in government jobs is standardized, while private sector jobs are annual or half-yearly in some companies..

 

[Muhammad Umar]

Government sector may provide less salary compared to the private sector but they have better benefits. Increment for government Job are standardized whereas the private sector Jobs are pretty much annual or in some companies half yearly too.

 

[Umrri]

Government job or a private job is a very common question among those students who are on the verge of finishing their studies and are about start a new career.

 

[zahidhussain]

I prefer private companies as they are well organized and even give better monthly pay. The allowance that comes with private companies is also another advantage over government owned company.

government and private sector are two different choices private company will give u comfortable salary work in duty time and no extra time pay the salarywell in time but the disadvantage is there is no pensions and allowances but in gov't sector all the basis facilities are provided to you and pensions and basic allowance are given to you

Post automatically merged: Feb 10, 2021

I prefer private companies as they are well organized and even give better monthly pay. The allowance that comes with private companies is also another advantage over government owned company.

government and private sector are two different choices private company will give u comfortable salary work in duty time and no extra time pay the salarywell in time but the disadvantage is there is no pensions and allowances but in gov't sector all the basis facilities are provided to you and pensions and basic allowance are given to you

 

[Sad56]

If you have both opportunities then you should chose for government job because it gives you pension and gratuity. Although gratuity is the cut off in your payment, but we can not do and save like them in every month periodically. So the pension will secure your future.