Author Topic: PSU vs IT jobs : Which one to choose and why?  (Read 4914 times)

0 Members and 1 Guest are viewing this topic.

Offline Captain America

  • The Winter Soldier.
  • Alumni
  • Super Member
  • *
  • Points: 2865
  • Posts: 1624
  • The Winter Soldier.

    • NIEC
    • _
      EEE
    • View Profile
PSU vs IT jobs : Which one to choose and why?
« on: May 16, 2015, 08:14:19 pm »
This one is one of the most debated topic when one comes to third year in his/her b.tech life
Lets start analysing one by one then.

IT industry job-
 Basically there are two kinds of jobs available in INDIA for any engineer (I'm not talking about job profiles like software tester etc). This classification has been done in a layman terms- 1) Core software jobs, 2)IT services jobs

1) Core software jobs-
Core s/w jobs are one which are treated elite over the latter one and adds a heavy weightage to one's resume. You get to learn a lot of things, u get to understand market and the most important thing- u get to learn cutting edge technologies in software development arena. This job carry a lot of significance for any programmer. Salary is very lucrative. Infact pay by stress ratio is the best in comparison to any job.
Normally, salary ranges from 5-6 lakhs per annum to 15-20 lakh per annum for a fresher in India. Companies like SAP Labs provides around 8 lakhs per annum to a b.tech fresher. The increment is very fast. You can jump to double of your salary in next 5-6 years of experiences. Sounds cool? Yeah! Next, If you belong to a good college and has done significant practice in programming and algo then you may get onsite works with a whooping salaries in crores per annum. But that is a rare scenario, so we wont take it into account.
Now what about the cons of this job? The above ones are speaking only in favour of IT jobs.
-They do a large number of layoffs during recession. I wont tame but I must say here that a core software company had laid off its 3000 employees during 2008 recession. One of the fired employee told me that condition was worse in their chains of offices. The research work was slowed during that time.
This one is the sickest part of such jobs. Consider a scenario, where you are living a luxurious life in pune/bangalore/Hyderabad and one morning, when u wake up you get to know that you no longer have your job. What shall you do now? You are the only bread earner for your little kid and newly wedded wife. How will you survive in this hi-fi city now?
Some people go for freelancing work (but everyone knows that this is something temporary). You cant run your family on this freelancing work.

2) IT services industry- Unfortunately this one is only option available for most of the engineers from private colleges. You call them with another keyword-"mass recruiters" as they hire in endless amount from every worthy private engineering college. They provide a good amount of revenue to our economy and can be considered even backbone of indian economy. So, you see although these are least respected yet these play very important role in today's scenario.

Pay is very pathetic, around 22000-25000 per month for any fresher. Plus you have to survive in cities like bangalore/pune/Hyderabad/Noida. Needless to say, u must live a bachelor life in intial years as survival in these cities merely with 22,000 per month with a family is almost impossible for any engineer. If you live a bachelor's life then a rough calculation says that you will be able to save anywhere around 5000-6000 per month. A handy tip says that you must save as much as you can as getting pink slip (being fired from the job) is very common if you are an underperformer. Good part is, you salary increases manyfold with 2-3 switching in next 5-6 years. After 10 years of experiences, you geet managing position with a handsome salary of 10-12 lakh and an opportunity to work onsite.

Now comes the cons of this job
1) You lose your identity. There are millions of engineers living in these cities with designation of system engineer or s/w or senior s/w engineer. Nobody cares!
2) forget about buying an iPhone, buying a htc phone becomes difficult in intial years all because of little salary.
3) In comparison to core software jobs, lay offs not only occur here during recessions but also happens in normal days. People say only underperformers are fired but reality is quite different.
The work ethics of this industry is little bit flawed. This industry fires you when you become a manager after 10-12 years of experiences. Reason is quite simple- This is a human resource based industry. It takes projects from different companies and engage its workers on such projects. The money which provided by client is distributed to the employees and the good part of this money is kept by your mass recruitment
Company. Now if you become a manager after 10-12 years of experiences, you get salary of around 10-12 lakhs per annum. You become costly to your company. You are responsible for cutting down major profits of companies revenue once you get a managing post. So the company wishes to replace you with another employee who has sufficient experience and who is working at 5-7 lakhs per annum. This is the sickest part of this industry. It does not respects its experienced employees.

You may have come across various news like "ABC mass recruiting company has made outstanding profits this year yet it has laid off 5000 of its employees from different centres. They are firing 6000 old employees and hiring fresher's simultaneously".

But it is not always that companies are always winner. Once people get into this job, they simultaneously start preparing either for CAT/GRE/UPSC/SSC. And this one is the best thing to do in such scenario.
Justice denied anywhere diminishes justice everywhere.

Offline sagrma

  • Administrator
  • Techbits Elite Member
  • *
  • Points: 6234
  • Posts: 5208

    • MAIT
    • _
      ECE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #1 on: May 16, 2015, 09:19:02 pm »
the topic appears to be misleading
i came here for psu part
and many things dont apply to infosys as mass recruiter and can tell you from first hand experience

Offline Captain America

  • The Winter Soldier.
  • Alumni
  • Super Member
  • *
  • Points: 2865
  • Posts: 1624
  • The Winter Soldier.

    • NIEC
    • _
      EEE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #2 on: May 16, 2015, 10:03:37 pm »
the topic appears to be misleading
i came here for psu part
and many things dont apply to infosys as mass recruiter and can tell you from first hand experience
Sir psu part is yet to come.
And if you find anything uncomfortable then pls let me know...i will rectify it. :-)
Justice denied anywhere diminishes justice everywhere.

Offline sagrma

  • Administrator
  • Techbits Elite Member
  • *
  • Points: 6234
  • Posts: 5208

    • MAIT
    • _
      ECE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #3 on: May 16, 2015, 10:56:25 pm »
Sir psu part is yet to come.
And if you find anything uncomfortable then pls let me know...i will rectify it. :-)
on general scale it is somewhat correct
but may very from company to company

you may be working on core things in it company

or may be doing support to testing things in company like adobe

Offline Captain America

  • The Winter Soldier.
  • Alumni
  • Super Member
  • *
  • Points: 2865
  • Posts: 1624
  • The Winter Soldier.

    • NIEC
    • _
      EEE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #4 on: May 16, 2015, 11:00:18 pm »
PSU- (For a layman, PSU means government owned companies like NTPC, DMRC, NHPC, Power grid (PGCIL), MTNL, BSNL etc)

PSU's are the most craved government jobs after UPSC for any core branch guy. They offer interesting and lucrative job offers with serious shortcomings simultaneously. Let us analyse the pros and cons of working at psu-

Pros are-
1) working at PSU gives you prestige among peers and relatives as it is a government job with a very fat salary. Some of my relatives keep advising me with lines like "beta, ek bar Kisi tarah psu me chale jao, fir life settle hai, salary growth kam hogi lekin life peaceful Ho jayegi". Unlike mass recruiters, you don't loose your identity here as PSU's release vacancy merely for 20-50 seats every year. They don't recruit in bulk.
2) salary range is different for different PSU's. Average salary ranges between 7-10 lakhs. Powergrid offers highest salary with 14.40 lakh per annum to a fresher. It is something incredible considering that it is a gov job.
2) workload is very less. It is pretty type sarkari naukri with little extra workload. And if you are an electrical engineer then bingo! You practically have to do nothing beside fiddling with your desktop. You get 60-70 thousands rs salary at the end of month for this. Freedom hi freedom! You have enough time for urself and ur family.
4) Nobody can fire you from ur job. If you have caught some bugs and have to go through minor or major surgeries then don't worry, u have got medical insurance from ur PSU and after 6-7 months of recovery u can return to ur work with no affect on ur job profile. Not only this, some PSU's offer medical insurance to ur whole family. They have provisions for pension also so that u can led a better life even after retirement.
In short, there comes stability in your life. Situation are not so much favourable in private firm jobs. You go through any major surgeries and remain absent for several months from job....you are no longer the employee of your company. Competition exists there. And if u don't lose ur job then ur rating is degraded by ur boss.
 
Now coming to cons-
1) Job locations are silly...most of the times you work in remote areas. Only luckier ones get posting in metro cities. If you are the one who has spend his whole life in a big metro city then it will be difficult for u to settle there.
2) work is not challenging, it isn't innovative and creative and because of this your engineering knowledge starts to evaporate very soon. You have to follow old protocols and methods which had been drafted in 1975 by indian gov. You feel as if u are working in medieval times.

I don't know whether to put this point under advantage or disadvantage category, so I'm mentioning it separately-
Promotions are not based on ur performance but based on your working years. Promotions are fixed after certain period of time. You practically have to do nothing to get promotions except keep waiting.


« Last Edit: May 16, 2015, 11:05:57 pm by Captain America »
Justice denied anywhere diminishes justice everywhere.

Offline sagrma

  • Administrator
  • Techbits Elite Member
  • *
  • Points: 6234
  • Posts: 5208

    • MAIT
    • _
      ECE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #5 on: May 16, 2015, 11:05:23 pm »
CONS for psu are bingo spot on

Offline T3rminator

  • Always believe in yourself...
  • Administrator
  • Techbits Elite Member
  • *
  • Points: 5963
  • Posts: 2622
  • Always believe in yourself...

    • MAIT
    • _
      EEE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #6 on: May 18, 2015, 12:41:55 pm »
CONS for psu are bingo spot on
Indeed.

Offline sagrma

  • Administrator
  • Techbits Elite Member
  • *
  • Points: 6234
  • Posts: 5208

    • MAIT
    • _
      ECE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #7 on: May 18, 2015, 01:56:24 pm »
Indeed.
was waiting for sir's confirmation

Offline Captain America

  • The Winter Soldier.
  • Alumni
  • Super Member
  • *
  • Points: 2865
  • Posts: 1624
  • The Winter Soldier.

    • NIEC
    • _
      EEE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #8 on: May 21, 2015, 10:26:31 am »
EDIT: (regarding PSU job)
I met an NTPC employee (DTU, eee branch) a few days ago.
She says there is an option to choose for official pen-paper work in NTPC rather than field work.
Her office is in Noida (what an awesome office location for a government employee!).
Office hours start from 9:00 am in the morning and ends at 5 pm
But she leaves from her home daily at 10 am. By 4 pm she is at home. :X
She has got smartphone and net facility from NTPC  :-h and similar other kind of perks.
Most of the time, they don't have anything to do except surfing net and random gossiping  :X
They have to work only when there occurs any fault. Otherwise they just fiddle with facebook.

Justice denied anywhere diminishes justice everywhere.

Offline T3rminator

  • Always believe in yourself...
  • Administrator
  • Techbits Elite Member
  • *
  • Points: 5963
  • Posts: 2622
  • Always believe in yourself...

    • MAIT
    • _
      EEE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #9 on: May 21, 2015, 11:59:53 am »
EDIT: (regarding PSU job)
I met an NTPC employee (DTU, eee branch) a few days ago.
She says there is an option to choose for official pen-paper work in NTPC rather than field work.
Her office is in Noida (what an awesome office location for a government employee!).
Office hours start from 9:00 am in the morning and ends at 5 pm
But she leaves from her home daily at 10 am. By 4 pm she is at home. :X
She has got smartphone and net facility from NTPC  :-h and similar other kind of perks.
Most of the time, they don't have anything to do except surfing net and random gossiping  :X
They have to work only when there occurs any fault. Otherwise they just fiddle with facebook.
She got official work because she is girl. Even in my company, girls mostly get office work only.

I was posted in field before and now I am in office work at my Area HQ. So it depends on your luck too. And I don't understand why are you so bothered with location. No one visits mall daily. I go for movies, malls at weekends too. Unless it is too far away from city, location is not a big deal.

Offline The Dark Knight

  • Moderator
  • Super Member
  • *
  • Points: 1403
  • Posts: 879

    • MSIT
    • _
      CSE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #10 on: May 21, 2015, 04:00:59 pm »
what are the options for CSE/IT professionals?

Offline T3rminator

  • Always believe in yourself...
  • Administrator
  • Techbits Elite Member
  • *
  • Points: 5963
  • Posts: 2622
  • Always believe in yourself...

    • MAIT
    • _
      EEE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #11 on: May 21, 2015, 05:00:54 pm »
what are the options for CSE/IT professionals?
For CSE/IT, main development is in private industry. PSU would just kill off their knowledge as their systems are decades old usually. If you want govt. job, better go for non-technical options, like civil services, SSC etc.

Offline pikachu

  • pika......pikaa.........
  • Co-Admin
  • Techbits Elite Member
  • *
  • Points: 8889
  • Posts: 5772
  • pika......pikaa.........
    • _
      Not Specified
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #12 on: May 21, 2015, 06:36:27 pm »
what are the options for CSE/IT professionals?

In IT field there are 3 type of companies : Service based , Product based and Data/Analytics based (Still Emerging) .

Offline Kalabhoot

  • Jr. Member
  • *
  • Points: 124
  • Posts: 60
    • _
      CSE
    • View Profile
Re: PSU vs IT jobs : Which one to choose and why?
« Reply #13 on: May 21, 2015, 10:41:25 pm »
For CSE/IT, main development is in private industry. PSU would just kill off their knowledge as their systems are decades old usually. If you want govt. job, better go for non-technical options, like civil services, SSC etc.

Not completely true.
CSE students ka future PSU me bhi acha h agar knowledge aur work ke baare me zyada soche to paiso pr nhi.

DRDO, ISRO me bhi ja sakte h cse students.
In PSUs me jaa sakte h cse students -

Iocl
Mtnl
Bsnl
Bhel
Sail
Hal

Iske alawa railways me ya indian navy aur air force me bhi ja sakte h...

Foreign jaake thode zyada paisa kamane se to kafi acha hi h in sb me jaana
 

which branch of engineering to choose in IPU

Started by Captain America

Replies: 1
Views: 2021
Last post October 02, 2012, 04:14:39 pm
by Captain America
Sitemap 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49