3 ms·
Well the tech salary a decade ago was slightly greater than government employees. Today, it is again slightly greater than government employees. According to yo
by shripadk 10y ago
Well the tech salary a decade ago was slightly greater than government employees. Today, it is again slightly greater than government employees. According to your logic there should have been great disparity between salaries over a decade. It is not so.
In that period of 10 years, the government employees had 3 payscale revisions with each revision bringing them almost on par with the average salary of private employees. I don't see that trend stopping anytime soon. 10 years from now, government employee salary will again be almost on par with average salary of private employees.
So whatever you try to say it won't change the fact. Government jobs are stable (You can't be fired as easily. You will be transferred instead), you get freebies that you would never get as a private employee and not to mention post-retirement support from the government. You get subsidized land rates, cheaper home loans through your own co-operative society (for example: google "ISRO Layout" which was formed only for ISRO employees). All those employees got the land at very cheap rates. Today it is prime land worth close to half a million dollars (See: http://www.99acres.com/residential-land-plot-for-sale-in-isro-layout-bangalore-south-267-sq-yard-spid-I27823819?pos=SEARCH&sid=UiB8IFFTIHwgUyB8IzMxIyAgfCAzIHwgMjE3ICM0I3wgIHwgNTQ5MCB8IDMgfCM0MCMgIHw= http://www.99acres.com/residential-land-plot-for-sale-in-isr...). When they bought the land, they just had to pay a few thousand dollars. Try buying land in India as a private employee and you'll see your hard earned savings vaporizing in thin air.