Advantages and Disadvantages Of Government Jobs

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The choices we make define our future one way or the other. That’s why its imperative for job seekers to understand that the desperation to get a job should be balanced with a careful understanding of some basics. Our Economy is a mixed one: you either get employed by the private or public sector. Each of them have their pros and cons which should be considered carefully in line with your long term vision before making a choice (if one happen to exist). The pros of government job happens to be the cons of private ones and vice versa.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.