Saturday, May 28, 2011

Private Bank Job versus Government Bank Jobs

Most of the aspirants want to join Government banks but since there is huge competition for these government banks one has to also try for private banks. In this post I will explain the advantages and disadvantages of working in both private and government banks.

First of all let us see the advantages of working in a government bank. The best thing about government banks is the security offered by them as these are government job. That is the reason why students like to keep preparing for government jobs even when they are doing good private jobs. In private jobs there is always a fear of losing the job. And in India it is a general trend to just play safe. Secondly a government job holder is also given a lot of respect in the society. Government jobs have a number of other advantages also like number of leaves is more in comparison to private banks, there is less work pressure and extra benefits other than salary are also present.

Now let’s come to the advantages of private bank jobs. First thing is that it is quite easy to crack entrance of private banks in comparison to the entrance of government jobs. Moreover there is also a lot of growth opportunities there if you are a hard working person. The salary offered by private banks is also now comparable to that given by government jobs. The biggest demerit with these jobs is lack of security.

Thus in conclusion it may be said that keeping the traditional thinking of Indian society Government bank jobs score over the private bank jobs. However if you are not getting selected in government jobs as there is huge competition there you can try for private bank jobs.

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