Challenges Encountered by the Public sector regarding Retention of Workers

In today's globalized and competitive world, one of the major concerns of every workplace is retaining employees for long periods of time. In developing and underdeveloing countries, private sector institution is more susceptible to this problem as compared to the government sector.

Reasons why employees prefer to choose government sector jobs?

• I observed, people always prefer working in the government sector.

• Firstly, the government pays a handsome amount in form of a monthly salary.

• Second, the public sector also allows special holidays.

• Thirdly, the government also gives public holidays, yearly holidays as well as other like, if someone wants to go abroad during her employment government gives leave for 2 years.

• In addition for female employees, maternity leaves are also allowed.

• The public sector mostly gives paid leaves this is I guess the best thing that fascinates employees.

• Another major benefit of having a government job is that you can enjoy a pension after retirement.

Why the Private sector faces issues of employee retention?

• On the other hand, the private sector has a limited budget.

• Firstly, it fails to provide all the benefits that are provided by public sector organizations.

• Secondly it offers limited salary.

• Thirdly, the chances of growth are less in the private sector.

• In addition, it also fails to allow paid leaves.

• The employee of the public sector also fears of termination.

• There is no pension culture in these types of organizations.

Strategies to retain employees;

• If the organization implements on performance-based reward system, the employees will more likely to stay for a long time.

• Another important strategy that can assist the private sector in retaining employees is empowering them, giving them enough opportunity to take their own decisions.

• Involving people in the decision-making procedure is also an important strategy.

Conclusion:

The public sector should pay attention to this area and work to implement effective strategies to retain people.

(Disclaimer: This article is written by me and might contain some mistakes as I am not a student of business studies. I wrote what I think about this particular issue. you can disagree with my thoughts. Thank you for stopping by)

The lead image is retrieved from unsplash.