Should I leave PSU?

If you want a stable job with no unnecessary stress and a good work life balance then straight away choose the PSU. The salary is pretty decent and the perks are great. From medical to housing, every aspect is taken care of.

Is it better to work in public or private sector?

Private sector employees typically receive more opportunities for job advancement because the decision is based on their performance. In terms of payment, private sector employees have more opportunities for pay raises and higher salaries than their public sector counterparts.

Can I resign from PSU?

No oral commitments or sayings shall become law. Appointment letter by the PSU explicitly mentions the requirement of one month notice after completion of probation period. For resignation in my case, what would be the valid document, The appointment letter or the service rules.

Which is better PSU or private companies Quora?

In start of career PSU( Maharatna) offers comparable/better salary than most of private firms. But with career progession Private aoffer you more salary than PSU. I think the decision to join public sector or private sector totally depends on you i.e. what kind of person you are.

Why do people leave PSU for MBA?

It is obvious that people leaving a PSU are definitely seeking a better opportunity and a higher CTC. Most people do not choose IITs to pursue their MBA as the placements are not as good for branches other than IT or CS at IITs.

Are private sector jobs good?

Senior positions in government jobs come after years of patience. Private sectors are rewarding with respect to promotions. Good performance can lead to quick growth. Apart from a fixed monthly salary, the public sector provides other perks and benefits such as medical coverage, insurance,etc.

Does the private sector pay more?

Full-time private-sector workers in California received average total compensation of $62,475 in 2015. Both components of compensation, pay and benefits, are higher for government workers. Private-sector employees must provide enough value to their organizations so that it covers their full cost of employment.

How can I resign from NTPC?

Not withstanding anything contained in these rules, an employee who has attained the age of 58 years and has put in a minimum of 20 years’ service in NTPC may resign by giving notice in writing to the appointing authority of not less than three months / one month as the case may be and on acceptance thereof, retire …

Can I join bank after resignation?

It is not possible. You must join afresh through recruitment procedure. resignation becomes effective from the date mentioned in the resignation letter and the resignation can be withdrawn before the date mentioned in the letter of resignation. No it is not possible to join back in this situation.

Is PSU a corporate job?

✅ Is PSU a Govt Job? Yes, but not 100\% Government Jobs. Because, PSU / Public Sector companies partially owned by Central Government or State Governments based on Stake holding percentage. The PSU Jobs is Public Private mixed Company jobs.

Can I leave PSU after 2 years?

After 1-2 years in a PSU, candidates have an option to join IITs, IISc, or NITIE on the basis of their previous year’s GATE score, which remains valid for 3 years.

What are the policies of the Public Sector Undertaking (PSU)?

Public sector policies will never be aggressive in general as they serve the larger good. PSU employment provides you with job security ( there is no doubt whatsoever). There will never be retrenchment or layoffs. However increments/raises/Promotions will be subject to regulations. Reservations will continue to exist.

Why is the PSU better than other private sector companies?

Because they are better. See the difference. Anyone can work in private sector (academically poor/good ) but in PSU you will work with those who secured top ranks. They are better thats why they have higher competition. Have you ever seen thousands applying for a pvt company? nope! unless it’s google/microsoft….

What is it like to work in a public sector unit?

Government is the employer in Public sector units and PSUs are there for the good of the nation. Public sector policies will never be aggressive in general as they serve the larger good. PSU employment provides you with job security ( there is no doubt whatsoever).

Will reservation of PSU jobs continue to exist?

Reservations will continue to exist. However since most of the PSUs are listed, there will be a good balance. You cannot expect 30-40\% raises in PSU. Given the safety net, the remuneration/salary will be low.