If you work in Goverment: -
1. Stable job....to get fired, you must be a real ****. Nobody(well, almost) gets fired unless you commit a crime.
2. If company does bad....you will not get voluntary retrenchment or decrease pay.
3. "Guaranteed" yearly bonus....though only 1 month, and only based on basic salary.
4. Low basic salary, but lotsa other allowance....ie COLA, housing allowance, special, etc. Tax not applicable to most of these bonuses (significant less tax to pay)
5. Medical benefits.....this benefit outweighs any that any private company can give. FULL MEDICAL benefits for yourself, wife/husband, father and mother, children <18years old). This includes cancer treatment, prosthesis, hemodialysis, all medications, hospital admissions. Believe it or not, a lot of people stay with the goverment just for this.
6. "Relatively" light workload. Less pressure to perform/stay overtime. Some department offers "flexi hours". Working mothers love this.
7. Opportunity for paid postgraduate learning (you get paid while you study). Allowances can be applicable for wife/husband to stay with you overseas during this period.
8. Infamous 5 times/day "minum kopi". Its expected!
9. If you are good, and persevere till top/management posts, you get the usual car/driver/house etc.
10. Top managements get conferred titles...dato/datuk/tan sri etc....while they are a dime too many, they have their perks. There are more of these in Goverment service than anywhere else. HODs are virtually guaranteed this before retirement.
11. Option of selecting pension (vs option for EPF). With pensioners, the FULL Medical benefits persist lifelong for you and wife/husband! (usually, you get more sickness in old)
12. Option for early retirement. Can pension early and go into private after, with full pension benefits later.
13. Annual leave of 30 days.
14. More opportunities for fully paid conference/course trips.
15. Fixed 4% Home Loan interest rate(significantly lower than BLR)
16. The usual Goverment servant rates for hotels etc. Slightly better than "corporate" rates.
17. Contacts. This is priceless. Many retired top management are offered lucrative contracts for this alone!
18. Gifts....officially, only gifts <RM50, but unofficially.......remember, you're powerful. I know of policeman who become policeman for the wrong reasons!
19. Scholarship schemes...for your children
20. Other small perks....eg. free travel insurance, free plane tickets, free uniforms/siut jackets, house moving allowances...etc.
All above are overly simplified! Someone else talk about the cons.
minolta
having too much time to spare.
Pro and Cons.., Govt Servnt Vs Pvt...
Feb 19 2006, 08:40 PM
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