Both Banking sector and other government sector jobs interest many people as their career option. A large number of candidates prepare themselves for the competitive examination held for both banking sector and in different government ministries and departments. The recruitment is made by a central authority for various branches all throughout the nation. The Banking industry has seen a huge growth in the last decade and considerably the amount of recruitment has increased. Opening up of new branches in the rural and semi-urban areas of the nationalized banks are resulting in huge number of candidates being recruited. The recruitment is made for specialist officers, probationary officers and clerks on a larger scale. Candidates, who have passed their Graduation Degree in any stream, are eligible to apply for the posts offered by the concerned authority.
SSC on the other hand has increased their frequency of recruitment to various government ministries and departments in the last few years. Many of the aspiring candidates are going through both the IBPS and SSC conducted examinations, in order to secure their future by getting a government job. But, there are factors that demarcate the nature of job profile of these two sectors. The Bank PO post is often termed as the respectable post in the banking sector that many candidates choose ahead of the SSC offered jobs. They should have a look at the prospect of the SSC jobs before joining as Bank PO. This article would help them understand the difference between the two.
- Stress and Workload: The most pertaining issue with the Bank Probationary Officers (PO) in various PSU banks is the workload that they are facing. Each bank is trying to multiply their business and are willing to expand its territory. In order to do so, the banks are giving adequate pressure to the probationary officers to perform and fulfil targets. The sheer pressure of targets is breaking backs of many and is resulting in huge stress levels. On the contrary, the SSC jobs are more timely and balanced in workload. The employees in the government offices stick to the daily work and a routine work regime in the lower ranks of the various ministries and departments of government.
- Postings and Transfers: The probationary officers have a fluid job profile and should be ready to travel on short notices to any part of the country, to serve the best interest of the banks. After the probation period gets over, the candidates can be sent to any of the branches of the particular bank as the first posting. The candidates are often shuffled to various rural area banks in different states, to assess their performance and growth. The transfers in bank PO job are quite frequent. The candidates with SSC jobs; need to initially start from outstation with a probability of very less transfers.
- Social Status and Importance in Society: Being directly connected with the high-commands of the centre and working on central government ministries and departments earn a lot of respect and social status for the candidates getting jobs under SSC. They enjoy high social acceptance from their peers at work. On the contrary, the bank PO doesn’t have the same status despite working hard for the bank. They often don’t receive their due credit for performance from their own banks in which they work. The work satisfaction thus is on the lower side for people working in the banking sector.
- Contractual job bonding: Many new PO recruits to the banking sector often face the trouble of not being able to get out from their jobs due to the two year regulatory bond of serving the bank. This is known as the probation period for Probationary officers, in which you can’t leave the bank. There are no such criteria for any SSC offered posts and thus gives them the freedom of making their choices of work places.
There are pros in the banking PO job as well, like the better salary structure and fast career growth option, but taking all the points collectively one would talk in favour of the SSC jobs. The overall job satisfaction and career stability is the reason why candidates should move over to SSC jobs.