Business: Employment and Private Sector Essay

Submitted By mfa_555
Words: 2295
Pages: 10

Reasons why Some People Prefer Working in the Private Sector than the Public Sector

Introduction
There has been an unprecedented rise in the number of employees migrating from private to public sector over the past few decades to find better working conditions. These migrations have been activated by not only financial factors but majorly by other factors which include job satisfaction factors, lifestyle and personal associated factors, organizational factors among others. Employees have found it better to work in public sectors as compared to private sectors mainly because in the public sector, employees are normally provided with personal leave, study leave, long service leave, training and development opportunities, accessibility to higher duties allowances and prescribed hours of work which is not normally the case under the private sector. There has been cases of high rates of job insecurity where for example if an employee working in this sector falls sick for a period of more than three months, he can be sacked and never to be reverted which is not the case under the public sector, the environment under the private sector is so competitive, and a lot of pressure is put on employees alongside the infringement of their rights. These plus many other factors make employees prefer working in a public setting thus the huge migrations from private to public sectors (Foot, 2007). Reasons why Some People Prefer Working in Private Sectors
Despite the migration of employees from the private to public sectors, some have found it easier working in the private sector. These employees have been motivated with the many advantages that the private sector provides regardless of the disadvantages as compared to public sectors. For instance, private sector employees are provided with accessibility to luxurious perks and lavish including private vacation facilities, exercise gyms, company cars and allowance to buy company stock at lower prices through the stock options. Private sector employees may also be provided with low cost loans and bonuses to enable them purchase houses. This motivates some workers to adamantly work in the private sectors as compared to working in the public sectors (Herliny, 2013). Alongside these advantages, some of them have been found to prefer working in private sectors because of many different factors that are quit motivating when working in the public sector. These factors could include the ones that have been discussed here below.
Job satisfaction factors: This refers to the contentment of an employee towards his or her job. Happier employees have been found to be those that are within their jobs and enjoy doing these jobs even without supervision. Under this factor, it has been argued that the public sector lags behind in terms of job satisfaction as compared to the private sector. According to a study that was carried out in 2011, employees in these sectors were asked questions based on their job satisfaction levels and the following clearly indicate the outcomes. On employee cooperation to get a given job done, 75% of employees in a public sector do cooperate while in the private sector, 81% of the employees cooperate. On the adequacy of information in doing a given task, 73% had it in the public sector while 79% was the corresponding figure in the private sector. On matters of recognition after having done a good job, only 51% are recognized in the public sector while 57% are recognized in the private sector. Lastly, when the research took into consideration the total satisfaction that employees got on working in the two sectors, it was found out that in general, only 51% of the public employees were being satisfied while 67% of employees in the…