Public sector employers will look at candidates from the private sector, but it is less common the other way around. That’s why some executives leave government jobs for private-sector jobs.
Cons: Like Reply. My conclusions, as you may have guessed, were never going to be conclusive. Government sector may provide less salary compared to the private sector, but they have better benefits. 0. And you've got whole bunch of awesome companies in the private sector! The short answer is that in the public sector (government) those in charge are spending OPM (other peoples money). Report Post. Is it better to start your career in the private or public sector? Public Vs Private Sector – what’s a better fit for you? After working in the private sector for over 25 years, I took up a senior position in the public sector last year, so I guess this article was always going to be written. It would be very helpful if more people involved in these matters understood just how much the private sector was undertaking already. Students who earn an advanced degree are typically able to earn more money if they work in the private sector than if they work in government positions. March 7, 2018; A popular question from of our clients is the relative merits of roles in the private or public sector … Although there are great opportunities across both sectors they are different in flavour. 0. They are the two prime mediums for working and earning your living, in just about every country in the world.
Lower earnings: Private sector executives generally make more than their government sector counterparts because there are caps on the amount that government employees can make. The private sector will provide goods and services for a much lower price than the public sector and you can get $500 P.Cs from the private sector, not the public sector.
On balance, I would advise to start in the private sector. My assessment of both systems. Time off: Government jobs offer generous paid time off. While it seems that public sector benefits are clearly better than private sector benefits, public sector jobs are not necessarily the better choice for everyone. It's just more efficient and cheaper! And that explains why the private sector is better than the public sector. Any government now in office is going to have to clarify what role it thinks is appropriate for the private sector and to make the case as to why the private sector is involved. Either way, finance is a fantastic career.