The economy of India has evolved a lot over the last couple of years. There are a lot of foreign companies who have set up their business units in the country and are already doing brisk business. The employment opportunities offered by these companies are very much lucrative, but that does not stop the Indians from admiring government more than private jobs.
The biggest factor that usually plays in the mind is job security. The population of India is growing like anything and so are the living costs. Under such circumstances, one cannot risk being kicked out of a job for not being able to perform according to the expectations of the employers. All of us want to have a steady income to meet our family needs without having to worry much about job security. The working culture in most private companies is very competitive and they don’t hesitate to replace a candidate with someone else whom they think would bring them more profits. This is a fairly common practice and they do this without giving enough time to the candidate to find himself a new job.
The compensation offered to the candidate while firing him is also very little. Under such circumstances it becomes very difficult for a conservative Indian to find himself a new job without losing his dignity. No wonder, the Indians prefer the security of government jobs over the huge compensation and growth opportunities offered by the private companies.
There is one more problem also. The cost of establishing a business unit in India is very low and within the reach of all kinds of private investors. This makes it very easy for the private companies to shut doors whenever they run into losses and stop functioning entirely. Whenever this happens, it is the employees who are left running from pillar to post looking for a new job to sustain their families. Such things have happened in India quite a number of times in the recent years and people seem to have learnt their lessons.
In private companies, people are expected to work for long hours. This is something that Indians find difficult to live with. Indians not only love to spend a lot of time with their families, but also spent some time pursuing their personal interests and hobbies. In this country family comes first; money and carrier growth are actually secondary. No wonder, most people in this country prefer low-paying jobs with low working hours compared to high paying jobs with high working hours. The government jobs just fit the bill!