B-school passouts are increasingly opting for Public Sector Undertaking (PSUs) and Central government jobs as these provide stability and cause less tension as compared to corporate jobs,revealed a survey by ASSOCHAM.
As part of the survey,Pune was also one of the 13 major metropolitan cities where respondents were interviewed. Over 88 per cent students said their first choice would be to join PSU and Central government jobs rather than corporate jobs. These include ONGC,IOC,NTPC,HPCL,BPCL,SAIL,banks and manufacturing sector that provides better job prospects with 100 per cent stability.
A majority of the students feel that in PSUs and Central government jobs,not only perks,perquisites and salary structure,besides medical facilities and security factor with structured time period for career growth are available,but the spirit of competition brings challenging assignments. Therefore,it would be exciting to work for institutions in which challenges,opportunities and stability is proportionate,said the survey.
The survey highlights that many PSUs give generous allowance apart from car maintenance and insurance that adds up to about 20 per cent of the basic salary and rises in proportion to the petrol price hike even if the employees use public transport.
Allowances at very liberal rates are also given in the form of transport subsidy,hostel subsidy,mobile bill reimbursement,newspaper reimbursement,concessional procurement of equipment like laptops,furniture etc,added the survey. Apart from the salary,jobs in oil companies give the benefit of perks and facilities as given to central government employees,said the survey.