Torn Between PSU and MNC Jobs: What Would You Choose for Long-Term Growth?

Decision Between PSU and MNC Employment

I have received an offer from a PSU, which is a Government of India enterprise named NPCC (National Project Construction Corporation Ltd). Currently, I am employed at an MNC firm. If I were to join the PSU, I would be starting with a lower salary of Rs. 8k per month compared to my current take-home pay. Additionally, I would need to relocate from my current location where I own a house. The primary allure of joining the PSU lies in the job designation, job profile, and the fact that it is a government job. Perhaps, in the long run, it could prove to be advantageous for me.

Please assist me by outlining the advantages and disadvantages of joining a PSU compared to an MNC, as this information would greatly aid me in making an informed decision. Kindly provide the details at your earliest convenience.

Regards

Finally, make a decision not based on the merits and demerits of an "MNC" and "Govt" job. The list is never-ending, and I feel it will never end. Choose a company where you can work in peace, enjoy what you do, and also have a fulfilling family life. The rest will follow when you are happy and contented.

Wishing you all the best.

Regards,
Ukmitra

First of all, kindly check with authentic sources to determine if a "government job" and a "job with a government company" are the same thing. I am unsure either way, but decisions should not be made under mistaken assumptions.

Factors to Consider for Comparison

Having said that, the factors to consider for comparison would be:

1. Job autonomy appropriate to the level you work at, at any given time.
2. Challenges in the professional domain and the opportunities for enrichment and wide exposure.
3. Organizational culture such as bureaucracy, autocracy, openness, trust, and confidence, etc.
4. Compensation and growth prospects.

There are many more factors, but I am limiting myself to the most essential ones only.

What is more important is the level of comfort with colleagues, superiors, and subordinates. This can only be assessed!

From a career standpoint, and without knowledge of the suggested comparison, I feel you would be better off with your present position or similar MNCs or large Indian companies. Wherever you go, assess if the acceptance of formal HR conceptualization is genuine or if it receives only superficial consideration, unless you are open to establishing HR in a new organization if necessary.

I hope this response helps you make a decision!

Regards,
Samvedan

August 8, 2012

First of all, if your current package is higher than the package being offered by the PSU company, don't accept it because you would have to leave your place and live on rented premises, which would cost you more. There is no advantage in joining a PSU company, and people who love to work and aspire to get promoted on merit should not opt for a PSU. There is no recognition of your work in a PSU, and work is done in a stereotyped manner. There is no room for innovation there.

Regards,
A K Shaikh

Thank you to all members for making the right decision based on your valuable views. I feel very relieved by making the correct choice not to accept the PSU offer. Thank you once again.

Regards