IS IT MORE PROFITABLE TO GAIN EMPLOYMENT IN GOVERNMENT SECTOR THAN PRIVET SECTOR?

INTRODUCTION
Government sector simply means the sector purposely established by government at all levels for rendering essential services to the general public. The main motive of the establishment is not channeled for profit making venture but to render essential services to the citizenry.
Government sector such as ministries, departments, parastatals, hospital educational institutions, humanitarian agencies etc do not have profit as their main purpose for existing. This does not mean that they cannot or do not operate at profit, their main reason for existing is to provide services for which they are established. Government sector is made up civil servants and public servants.

Civil Service is a component public bureaucracy or service in which the non military workers, employees are engaged in the government service often employed through competitive examination. The appointment of employees by the government is on permanent basis subject to good conduct during the years of service.
Civil service is a place where great body of men and women translate laws into action within local government state and the entire country. They are employed in the government civil service and the works in the minister parastatals of the government.
            Public service is different form civil service because public service embraces the civil service and other parastatals. Commissions and agencies of the government which help for proper provision of goods and services to the people. A public servant is a person employed in the public sector of the economy. The employ of civil service in Nigeria was laid by Lord Lugard as Governor General of Nigeria (1912-1919). Governor Clifford who succeeded him in 1921 put the civil service into action by building a central secretariat in Lagos. The Nigeria Civil Service is modeled on the British civil service which set up service during colonial days.
Private Sector: Means a process which involves the efforts of an individual in identifying viable opportunities in a business environment and obtaining and managing the resources needed to exploit those opportunities in private sector, the proprietor(s) take all the profits and bears all the losses as the case may be. They have absolute control of their businesses. Private sectors can be formed by not less than two but the       maximum must not exceed fifty, excluding past and present employed of the company, A shareholder in the private company is not permitted to transfer his shares without the consent of the company.

ARGUMENT FOR
Because government sector as discussed above is being owned by the government, either the local, state or federal government and because natural resources of the “country” is always managed mostly and controlled by the government, the people working in the government sector  most times earn more than those working in the private sector 

Job security:
Since government is owned by everybody; all citizens of that country, all that concerns her citizens are being followed in due process including dismissal of a public or civil servant in the local government area state or federal levels of the government unlike the private sector that is owned by one or group of person who have every right to dismiss any of their workers without normal due process.

Flexibility and low monitory:
Since government is a sector that involves every body and are not profit oriented, they are always flexible in supervising their workers and use to allow the workers to contribute to their affairs as in Human relation movement by
Mary parker Follet (1960). He said that when workers are allowed to participate in affair that concerns them, they fell happy. It will give them the since of belonging and will lead to increase in productivity. Unlike the private sector that mostly inspect their workers believing in managerial theories by Taylor (1900-1935) which said that workers should be manipulated to increase productivity.

No risk of business closure:
            Civil service is a component of public bureaucracy or service which the non-military worker are employed in government services to work in any ministry or department of the government. They ensure the continuity of the government in any ministry or department of the government. They ensures the continuity of the government in any country and government as a body can not close instead it can change so the workers under it have no fear of business closure unlike the private sectors that can close due to poor management or natural disaster just because they have limited resources.
            Government on retirement pays pension and gratitude to their workers while private sectors pay only gratuity. Government is a non profit making body their aim is to service and better the lot of their citizens while private enterprise motive is to satisfy their consumers and then make the highest profit.

ARGUMENT AGAINST
Low payment:
            Since a private sector is an enterprise owned by one or group of persons, it always come in small or large scale enterprise. They always have the problem of insufficient fund either to start the business or for expansion so the small scale business operators will like employ unskilled workers mostly their relatives that will be paid little amount 
            No job security: since private sector is owned by one or group of persons the owner has the right to demise any of his workers without a normal due process.
Effective management: The owner of the business which is always the manager as the case may be, closely inspect his business ensure increase in productivity.
            Risk of business closure: Death of an active member or the owner of the business can lead to the closure of the business there by rendering the workers unemployed     
            Profit making motive: Since their motive is always to make profit, they like manipulating their workers to achieve their goal.
            Corruption and embezzlement of fund is very common in the government sector unlike the private sector that is always monitored closely by the owner or the manager of the enterprise.

SUMMARY/CONCLUSION
Base on the points above government sector is created by the three tiers of government in order to render essential services to the general public. Government sector is not channeled for profit making venture but to render essential services. Staffs employed in the government sector enjoy better conditions of service such as job security, protection of the members of the public from exploitation and so on more than those in the private sector for instance those in the private sector take all the profits and bear all the losses as they are. They also have absolute control of their businesses.

RECOMMENDATION
Since it is more profitable to gain employment in government sector than private sector I hereby make the following recommendations.
1.         Government at all levels should improve on the provision of essentials services to the people working in the government sector.
2.         Government should make appropriate law to guarantee job security to the citizenry particularly those working in the government sector. This will go along way making them know the dos and don’ts of government sector.
4.         More job opportunities should be created to accommodate unemployed and able bodied youth in society.

REFERENCES
Mbanefo, C.A.O (1995) Introduction to business management pg 8-9
Igwe, B.N. (2005) Public Sector Accounting
Ani, Wilson Uchenna (1988) government and publish sector accounting “(A professional approach) Immaculate publication ltd, no 2 Aku Street, Ogui New layout Enugu pg. 95-107.
Nwankwo, B.C. (1990) Authority in government pg 151-153.
Share on Google Plus

Declaimer - MARTINS LIBRARY

The publications and/or documents on this website are provided for general information purposes only. Your use of any of these sample documents is subjected to your own decision NB: Join our Social Media Network on Google Plus | Facebook | Twitter | Linkedin

READ RECENT UPDATES HERE