Which is better, a software developer job or a government bank teller job?

Updated on : January 21, 2022 by Harrison Dawson



Which is better, a software developer job or a government bank teller job?

If you are a software engineer and dedicated to software development, you can continue at this. As I understand it, a software developer is always tense, as he has to always be tense to keep up with the new programming and keep developing. It may be possible to become monotonous at one point and feel like changing careers. Most developers are happy when they go about their personal business. Now he comes to work as a cashier for a government bank. Although it is an office job, but there are many chances of promotion and promotion to a moderately higher level during a period

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If you are a software engineer and dedicated to software development, you can continue at this. As I understand it, a software developer is always tense, as he has to always be tense to keep up with the new programming and keep developing. It may be possible to become monotonous at one point and feel like changing careers. Most developers are happy when they go about their personal business. Now he comes to work as a cashier for a government bank. Although it is an office job, there are many possibilities for promotion and promotion to a moderately higher level over a period of time. Although the profit may be comparatively low for a devourer, life can be more peaceful and stress-free. Although a cashier must also be very alert and cool-minded and perform work without mistakes. Therefore, based on some of these feedbacks,

It depends on how you feel. If you are a software developer and have technical qualifications / experience / monetary benefits, it is best to stay in that field. But you are not satisfied with this, then it is better to switch to the banking career. The bank teller is equal to the clerk position. If you are satisfied in the field of software, you can continue in the same field. In the case of an official in a bank, you may consider switching to a bank because the monetary and promotional possibilities are greater.

The term government bank is incorrect because the correct term is nationalized bank. There is no permanent cashier position in banks. A teller job at a nationalized bank is on a rotating basis. You may notice that the duties of each employee in nationalized banks change periodically, the teller job being one of them.

What you get first is better.

I think I am in the perfect position to answer this question. First, your question suffers from a basic fallacy: While a bank purchase order job is a reasonably standardized role with little variation in pay / benefits between different banks, there is no "standard" software job. Software engineers earn between $ 10,000 per month and $ 5L per month; even more in some cases.

Is a bank purchase order job better than an entry-level job at a mass recruiter, like TCS? Probably yes.

Is a bank purchase order job better than a job at an established multinational software products company? I would say not.

Upon reaching my locus standi, I have more than 11 years of e

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I think I am in the perfect position to answer this question. First, your question suffers from a basic fallacy: While a bank purchase order job is a reasonably standardized role with little variation in pay / benefits between different banks, there is no "standard" software job. Software engineers earn between $ 10,000 per month and $ 5L per month; even more in some cases.

Is a bank purchase order job better than an entry-level job at a mass recruiter, like TCS? Probably yes.

Is a bank purchase order job better than a job at an established multinational software products company? I would say not.

Upon reaching my locus standi, I have over 11 years of experience as a software professional working with a major product company. I am married in a family where Bank PO is the family obsession. My FIL retired as the CEO of a public bank. My MIL withdrew from SBI. All of my wife's uncles work with public sector banks in managerial positions. His brother works as a Grade II clerk in a public sector bank. His cousin, now tragically deceased, worked in a public sector bank as a branch manager. In my own maternal family, an uncle retired as the CEO of a major public sector bank. His last assignment was heading up the bank's customer interaction department as an internal ombudsman.

I have noticed that public sector bank officers work incredibly hard, six days a week. There is also little personal time on Sundays. And the salary, while decent, doesn't compare to the median salary at a major software company. The working conditions in the two sectors cannot be compared at all. Bank officers, especially in the early stages of their careers, tend to be assigned to remote branches with little or no services. Their spouses often have to sacrifice their careers to support the entire family. It's true that bank POs get free housing in some cities, but the quality of housing provided is generally pathetic. Even getting a house assigned requires connections and pulling a lot of strings. Much ado About Nothing.

As a software professional, I earn about ₹ 35L per year from my job and enjoy good working conditions, benefits, and very flexible working hours. And I'm no exception: any similar professional in a similar software company earns reasonably well. The largest product companies offer decent job security, as long as you perform well. And I wanted my career to always be performance-oriented - striving to do new things. There is little tolerance for loafers in my industry and I agree with that fact.

My wife also works with a produce company and brings home about 15 liters per year. We have worked our backs in all of our careers. Are our jobs stressful? Yes. But the role of Bank PO is not a bed of roses, either. My salary is 5 times what my BIL earns after working six years as a banker. It is triple what my FIL earned right at the time of his retirement after having worked more than 30 years. Yes, they have job security to some degree, subject to the risks that a financial career exposes them to, but generally I have found them boring and biased in their interests. That is not the kind of life I envision for myself.

There are a few other things that seal the deal for me:

  • There are no generous pension policies for people joining banks lately. The pension is linked to the employee's contribution. Even private company employees can opt for such pension plans through the NPS, etc.
  • The overall quality of the workforce in the public sector is boring, thanks to the reserve policy. People progress only because they wear certain labels. The private sector, particularly the best companies, offers much better quality of colleagues. And when you work with good people, you get better. It is reflected in everything you do.
  • Unrestricted job security breeds complacency, stagnation, and mediocrity. The risk of losing a job due to performance problems, or the possibility of losing rewards, keeps private sector employees on their toes. That creates a performance-oriented culture where great minds thrive.
  • After you've worked for a decade or so on a good software job, you've generally saved enough money to move on to the next phase of your life. For me, that phase is the practice of law. I'll get to that stage when I'm ready, by choice and not by obligation. YOLO.
  • Bank PO offers almost no opportunities to travel the world. Furthermore, bank officials often do not earn enough to travel the world alone. That is a deal breaker for me.
  • There is no automatic application of pay commission recommendations to banking jobs. Bank salaries have lagged other government jobs for more than a decade.

So that's my opinion. Concisely speaking, only if you love finances, or want a reasonably comfortable life where imagination is not required, Bank PO may be a good job for you. However, good software companies provide you with endless opportunities to get creative and be amply rewarded for your contributions. If all you'll ever have in a software job is billable gear at a body shop, you're probably better off as a PO from the bank.

So choose wisely.

No, no job is horrible, it is our intention that makes it such a horrible business. I have worked in a public sector bank as an Asst Manager for 3.5 years, so I am qualified enough to answer this question.

It all starts when you meet a friend who is preparing for the bank exams. By looking at the calendar, you will see that IBPS performs the exam very quickly and without corruption. You see that pink image and you get carried away by an officer's TAG. WOW ... it feels. You will get to become an officer at a young age without going through all that unpredictability and uncertainty on other exams. Just one exam with

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No, no job is horrible, it is our intention that makes it such a horrible business. I have worked in a public sector bank as an Asst Manager for 3.5 years, so I am qualified enough to answer this question.

It all starts when you meet a friend who is preparing for the bank exams. By looking at the calendar, you will see that IBPS performs the exam very quickly and without corruption. You see that pink image and you get carried away by an officer's TAG. WOW ... it feels. You will get to become an officer at a young age without going through all that unpredictability and uncertainty on other exams. Only one exam with a defined curriculum and you can have a stable life. You prepare your heart for the exam and you finally manage to pass the exam. His name appears on the list of final merits and is on cloud nine.

Now, you join the bank and you have all these noble thoughts that you will work well, have a healthy life, peace and happiness and all that. Since I was recruited for agriculture, I had the dream of putting my knowledge to reactivate the low levels of productivity of the agricultural sectors and impart Knowledge Transfer and technology. One fine day you get the date you have to report and you get your new clothes and somewhere in your mind you are excited about the new job.

But then the DAY comes.

The pinkish image that he painted in his mind is lost when he sees the Branch. You think you are an officer and the employees would greet you, but WTF, they are treating you like their son, sometimes calling you "beta". Nonsense speaking speaks as he does in a personal relationship quite contrary to the style of professionalism to which he has become acclimated during his studies at renowned universities in India. Now you question the level of professionalism of the organization. There are things that you believe should not be there and that are unethical, such as customers who are mistreated by staff, employees who do not listen, employees who refuse to do assigned work directly in person. It brings you complete humiliation and shame.

Remember that at this point you have not received training or any basic orientation about the Bank. They will give you objectives from day 1.

5 loans a day.

5 OTS per day. (Recovery)

5 APY per day

Other things I'm not saying, some other answers cover it well.

You fail to achieve and see the way they speak to you. They can abuse your mother, your sister and what not, make you feel unworthy, consume less and, ultimately, helpless. Sooner or later you lose the spark and end up being part of the same group that you considered undisciplined and unprofessional. You cannot get out of the bank because they will require you to pay back the BONUS money along with 3 months of GROSS SALARY, along with the TRAINING costs (which was useless), which together amounted to Rs. 535000 / - in my case. Now you are trapped and you feel claustrophobic. you can't go anywhere and you don't have enough resources to pay for it. Now you choose whether to continue or continue paying the money, but then you choose to stay. You make a plan to complete your bond period and then resign. You choose to prepare for UPSC or any other exam, but since the bank expects you to stay late, sometime until 9 pm-10pm on the pretext that you are single and therefore expendable. You can't do anything right. The Manager mistreats you at will, in front of your subordinates and clients, so you lose the sense of respect between subordinates, who now do not even care not to want you and take pride in denying your authority. He feels helpless and decides to approach the Regional Office to explain the situation. But they are insensitive and say that you are not special, and they have been through it too. In turn, they load you with heavier targets and launch abuses. Another thing they do is join branches. In my case, they commissioned me with 8 branches, sometime until 9 pm-10pm on the pretext that he is single and therefore expendable. You can't do anything right. The Manager mistreats you at will, in front of your subordinates and clients, so you lose the sense of respect between subordinates, who now do not even care not to want you and take pride in denying your authority. He feels helpless and decides to approach the Regional Office to explain the situation. But they are insensitive and say that you are not special, and they have been through it too. In turn, they load you with heavier targets and launch abuses. Another thing they do is join branches. In my case, they commissioned me with 8 branches, sometime until 9 pm-10pm on the pretext that he is single and therefore expendable. You can't do anything right. The Manager mistreats you at will, in front of your subordinates and clients, so you lose the sense of respect between subordinates, who now do not even care not to want you and take pride in denying your authority. He feels helpless and decides to approach the Regional Office to explain the situation. But they are insensitive and say that you are not special, and they have been through it too. In turn, they load you with heavier targets and launch abuses. Another thing they do is join branches. In my case, they commissioned me with 8 branches, so you lose a sense of respect among subordinates, who now don't even care not to want you and take pride in denying your authority. He feels helpless and decides to approach the Regional Office to explain the situation. But they are insensitive and say that you are not special, and they have been through it too. In turn, they load you with heavier targets and launch abuses. Another thing they do is join branches. In my case, they commissioned me with 8 branches, so you lose a sense of respect among subordinates, who now don't even care not to want you and take pride in denying your authority. He feels helpless and decides to approach the Regional Office to explain the situation. But they are insensitive and say that you are not special, and they have been through it too. In turn, they load you with heavier targets and launch abuses. Another thing they do is join branches. In my case, they commissioned me with 8 branches, Another thing they do is join branches. In my case, they commissioned me with 8 branches, Another thing they do is join branches. In my case, they commissioned me with 8 branches,

Ultimately, you can't take any more and become a REBEL. But somewhere you were a kind and dedicated guy. And you still feel bad when you are mistreated. But you can't retaliate. You are subject to the laws that govern our country (and the bank, of course).

You start avoiding work and allow yourself to be yelled at, mistreated, finger pointed and all that. You are in an emotional mess. Those late-night phone calls, from clients and bank management asking for progress, that nosy flattering boss insulting you, and the pressure of overly ambitious goals, also affect your health. You end up being a very unstable person, characterless and indecent. YOU ARE INJURED. Now he has served two years at the bank and resigns. But, unfortunately, his resignation is not accepted the first time. They torment you and ask you all kinds of nonsense just to humiliate you. Those last three months' notice is hell. They ensure that you withdraw your resignation and do not give up.

Because it took a lot of effort and dedication on the part of the idiotic team of "professionals" to screw it up. And they wouldn't get such a cheap slave easily. They call it investment. Finally the date is set for you to be free. And you literally beg them to let you go. After giving them so many unethical favors and ego massage at every step of wanting to quit. They finally let you go, WISHING THE BEST LUCK IN YOUR FUTURE EFFORTS.

BUT UNDER A HEADER YOU MAY BE CALLED U AT ANY TIME IN THE FUTURE FOR ANY PENDING INQUIRY OR ANY SHIT. You feel bitter, by now. He has lost esteem and respect. You move in society with your head down. Like you've been fired. You are mad at them, but what is the point. By now you are emotionally damaged, feeling depressed, and thinking about killing yourself. It has lost its spark by now, with a point of no return. He has lost the ability to concentrate comfortably and do things perfectly and is going nowhere.

Why did this situation come about?

For lack of conscience.

  1. The bank is a government job.- No, the bank is a lot like a private job, with the exception of the government having 51% shares, that's all.
  2. Bank officer: no brother, you are not an officer, it is similar to being a customer service executive in BPO, you are that kind of officer.
  3. You are there to manage: Yes, but all you can manage is how you will do the manual work. The classic definition of management is missing here, and you don't do the work, but you do it yourself.
  4. You have powers at least in the Bank. No, just responsibilities, no power. If an employee or sub-staff speaks to you rashly, all you can do is "ask" them not to speak to you that way. That is all. You cannot issue a charge sheet or suspension, even if you make a mistake. His Union is strong and he will oppose you to hit you, the management will not support you either
  5. All you do at the bank is sit back and serve customers. No, no, no ... The bank works with profits and not with social services. They can give you the goal of getting ten loans today, getting them from anywhere they don't care. Just get it. If you are not prepared to bear the worst of it. Now the thing about loans is A. It is not aloo gibhi what you give to someone… .B. You cannot “get someone” to take a loan, you can improve your services to attract people, you can market your product, but you cannot force anyone to take out a loan. C. Recoveries - You have to beg with folded hands, people don't give money, increase the NPA, but you can't fight them or they will file FIR on an individual basis, all you can do is file a lawsuit or RC, It comes under the jurisdiction of Tehsil and we all know how they work. The administration forces you to recover money in some way, or again Abuses and humiliations. So you have to get people to do things, which again is problematic because your performance depends on any performance of Tom Dick and Harris.
  6. It's a respectable job. To hell with respect, it will even take away your respect for yourself. You are just a punching bag for the administration and the garbage can, and for the employees it is a pride to face someone of high technical level.
  7. It's a 10 to 5 job - No, 10 to 10

So, according to me, it is a cognitive suicide, an emotional suicide, and most importantly, a spiritual suicide.

The problem is that those who have never been to the bank start to comment on the bank and mislead people about the situation. And also those people who have quora credentials like Retd. Banker. Banking in his day was an entirely different ball game. At that time, the branches used to have a staff of 100 people in a branch. now the same branch has 5 people.

So at the end of the story

Banking like any other job is a job. which is a bit difficult but cannot be undone. The mistakes we make when selecting the bank as a career are in haste, desperation, or lack of knowledge / awareness. And when those aspirations are not fulfilled, we feel really bad, and it is a disastrous situation to be in it. The mere fact that people scored an exam is in itself proof that you are smart. Still, why are so many people criticizing a banking job? There may be a few reasons.

  1. Bank policies suck.
  2. It is a slave owner relationship.
  3. He does not use his intellectual abilities. So good thinkers just stay away.
  4. It is a market job, so it is for people who can speak like baniya and traders. Without thinking and for hours and hours with the benefit in mind.
  5. Banks are mismanaged by these desi management practices. and for asses. that they were themselves screwed up by their bosses.
  6. It is not a government job.
  7. The pay is too low to maintain a safe standard of living.
  8. Cultural differences when sent to another city or culture. The problem is not in serving elsewhere, but in depending on them, since they do not give you accommodation and you have to rent a place, which makes you vulnerable.
  9. It's a lot like private culture, only worse.
  10. It is not an English-speaking society, they shout maa ki bahan ki, large-scale on the branch as they talk to each other.
  11. You cannot make a positive contribution. I once brutally chased a dalal from my branch and put an end to the dalali culture. clients were happy while senior bankers were unhappy and unnecessarily bothering me. I guess you understand the links.
  12. I never had a fight or confrontation with clients to date. I respect them because it is for them and for them the bankers are there. What I hate is the sick ideology of bank wallahs who do not empower the bank's youth and in turn want them to be like them. Listening to all those nonsensical talks and sharma varma, idleness and policy discussions during banking hours.
  13. These banking wallahs are napunsak, then, because they don't have the guts to defend the truth and they admit that their practices are bad. They just don't want to improve. and they never will. They only understand the language of RBI and FinMin. When they take Gm and DGm class, they literally pee in their pants.

So, my friend, if you are under two conditions,

  1. You desperately need a job as you have no one to support your family, take it, at least you will be rendering a service to your family.
  2. You are passionate about banking as a subject and you respect this discipline alongside God.
  3. You are exceptionally good at manipulating people and can speak sweetly to the face, that is. standard double talker. Go for it.
  4. You are expendable, parents want to get rid of you, go ahead.
  5. You have no sense of prestige, esteem, respect, hierarchy, discipline and meaningless love, go for it.
  6. You are chronically messy and there is no more chance of ruining your life, try banking safely. PSB are masters of screwdriving.
  7. You don't have problems with people who abuse you without any problem, and you even have problems studying or doing something that requires your intellectual side.

The choice is yours, I tell you all this, to let you know how much I love you and do not want you to ruin your life. Choose wisely.

Capitalism is a good slave but a bad master. Value your health first, your family second, and then everything else.

Sorry for the response written so quickly that I may have made grammatical mistakes, I am on my way to my appointment with the psychiatrist, one of the by-products of working in a bank, I am 28 years old and I am on the verge of chronic organ system failure. , I'm obese and extremely weak.

All for the good of the bank, because at that time, my health and my self-respect were lower than the bank's profits.

Again choose wisely.

I worked as a probationary officer in a public sector bank and this post is based on the experiences of me and my friends.

I fully answer for Mr. Anshul Dwivedi's answer on life as a PO officer (Anshul Dwivedi's answer to Is leaving IT a good option to join a bank as a probationary officer?)

1.Working hours:

Well, there really are no work schedules. You arrive around 8:45 a.m. M. And then sitting up late is the norm. I know of people who are forced to sit down even after 9:00 p.m. M. Almost every day.

2. Weekends:

You will be asked to come even many Saturdays and Sundays.

3. In a bank you are financ

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I worked as a probationary officer in a public sector bank and this post is based on the experiences of me and my friends.

I fully answer for Mr. Anshul Dwivedi's answer on life as a PO officer (Anshul Dwivedi's answer to Is leaving IT a good option to join a bank as a probationary officer?)

1.Working hours:

Well, there really are no work schedules. You arrive around 8:45 a.m. M. And then sitting up late is the norm. I know of people who are forced to sit down even after 9:00 p.m. M. Almost every day.

2. Weekends:

You will be asked to come even many Saturdays and Sundays.

3. In a bank, you are financially responsible for any mistakes you make and you learn of cases where money is deducted from people's wages.

4. My bank didn't even have a lunch break. You are expected to find time on your own and then return in 10 minutes. Any of you who have visited a public sector bank knows how crowded they are, so it will be around 2:30, 3:00 pm, or even later when you can finally get away from the crowd to rush to lunch.

5. Transfers:

You cannot stay in a branch for more than 3 years and in a region for more than 5 years. It has very little influence on where you will be transferred ... which may even be to another end of the country.

6 Workload:

The workload is really high and even worse is the sheer monotinity of the work. you will do the same task over and over again every day.

The public perception of a purchase order job at a bank as a great job is very different from the reality on the ground. Because of this, some of you may find it hard to believe that this is the actual reality of a PO job.

I urge you to visit a branch of the public sector near you and you will see that much of the administrative staff has been in service for a long time. It is not difficult for them to get a promotion to the officer cadre after a few years, but most refuse to opt for promotion, or wait a few years before retiring, precisely because they know what the officer job is like.

A large number of POs are hired every year A good percentage do not join because they would have received other offers, etc., but what is not known is how many of those who join resign in the first year. a big problem and my bank had started calling again from the waiting list and the HR department actually stopped giving NOCs to attend any other public sector interviews (except the RBI and SBI interviews). Therefore, it is not just that you do not have time for preparation, you will not make the NOCs attend other interviews. Many banks have also started placing large amounts of bonds.

(I am not sure of the policy of other banks regarding giving permission to attend other public sector interviews, please inquire about this with the HR department before joining, as otherwise you will have to resign to attend other public sector interviews, many of which explicitly require such a NOC)

Now you may be wondering if the same condition exists in all branches.

No, it depends on your branch. Suppose you joined a bank based in North India and were sent to South or vice versa, then the business in the bank will not be that high and consequently the workload will also be low. But note that during the PO period after 6 months, you will be transferred and then again after another 6 months.

Yes, there is job security and a lot of assignments, but you will not have work-life balance. I realized that this is not what I want to do and therefore I quit.

If you have been selected as a PO, I would ask you to visit any of the bank branches and speak to the staff about general working conditions, working hours, etc. before joining.


Do not compare jobs, first analyze what you can and what you cannot, what skills you have and what a job requires.

If you can't stand the pressure, you have skills in solving baud spectrum problems, you could have a very good career as a bench PO.

When, like in a bank, you join as CEO of Group A, there is pressure in some branches, but that will happen in all jobs.

My older brother's experience as PO

  1. It is good at communicating and solving customer problems.
  2. Getting a good salary and benefits, in less than a year you have everything at home. including the RE Classic 350 dream bike.
  3. He goes to
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Do not compare jobs, first analyze what you can and what you cannot, what skills you have and what a job requires.

If you can't stand the pressure, you have skills in solving baud spectrum problems, you could have a very good career as a bench PO.

When, like in a bank, you join as CEO of Group A, there is pressure in some branches, but that will happen in all jobs.

My older brother's experience as PO

  1. It is good at communicating and solving customer problems.
  2. Getting a good salary and benefits, in less than a year you have everything at home. including the RE Classic 350 dream bike.
  3. He goes to the “Government Officials Club” every day to play Badminton with other high level district officials.
  4. He is very happy because he can help everyone with his skills. What is required in each JOB. Otherwise, you will feel trouble.
  5. Enjoy the list of holidays, including the second and fourth Saturdays.

He came into banking after resigning from a highly reputable Fortune 500 company. where he was receiving high salary, car, driver, more than 6 lakh rupees incentive.

But after joining the bank, he is more than satisfied. Can't stand the pressure of work, he applies his analytical and technical skills to solve important problems.

Note :

  1. There are some branches in which there is a lot of pressure to work, where the assistant managers have to give their best without receiving pressure.
  2. The most lucrative thing the bank offers is the Promotion Plan. Where you can easily become a 4/5 scale (Senior Manager / AGM) in 15 years of your career.
  3. There is a transfer problem, banks will transfer you every 2.5 years, it is a good and bad thing.

Please do not make perception of a job, so others had previous experiences.

Some people may say that you have done engineering, now in the bank. But I think if you are not an IES / Scientist / Professor or Group A officer, you are just a skilled worker like JE, SE, IT engineer, etc.

First of all, software as a profession is trending this decade and is poised to grow in the near future.

Just as we had trending lawyers and attorneys in the 1920-1940s, government offices and bureaucrats in 1970-2-1980, and finally engineers in the 1990s, software professionals are the jobs for the present and the near future.

In India, most engineering students dream of entering an IT company like Infosys, Wipro, TCS, HCL, etc. The elite (IIT'ans / NIT'ans) enter big names like Google and Microsoft, to name a few. . Those born with a silver spoon prefer to go abroad

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First of all, software as a profession is trending this decade and is poised to grow in the near future.

Just as we had trending lawyers and attorneys in the 1920-1940s, government offices and bureaucrats in 1970-2-1980, and finally engineers in the 1990s, software professionals are the jobs for the present and the near future.

In India, most engineering students dream of entering an IT company like Infosys, Wipro, TCS, HCL, etc. The elite (IIT'ans / NIT'ans) enter big names like Google and Microsoft, to name a few. . Those born with a silver spoon prefer to go abroad to pursue their master's degree, hoping to find a job in Silicon Valley.

Both fields have their advantages and you can consider your personal preferences when making the right decision.

Software:

  1. Software jobs are currently the highest employers.

    You will never be out of a job. Recruiters like TCS, Infosys, and HCL will always appear in your backup plan.
  2. They also pay substantially higher compensation on average than other professions.
    Leading multinational companies like Google, Amazon, and Facebook are continually looking for the best talent on the market and are willing to pay a hefty dividend to attract them.
  3. They are widely recognized.
    This can be subjective as I am from a metropolitan city, but people will always recognize your workplace. And they will be able to appreciate your work as they would use the services of their employer (Uber, Flipkart, Gmail) on a day-to-day basis.
  4. Greater and better variety of work.
    Being part of a conglomerate will provide you with a variety of jobs and provide opportunities to improve your skill set.
  5. Benefits and a modern work culture.
    Free food. Ease of transport. Modern office services. Flexible working hours. We love these multinationals for their 'culture', 'growth', 'advantages' and all that. A refreshing workplace motivates people to work harder.

Featured Mass Recruiters:

Featured Quality Recruiters:

Bank:

  1. Greater job security.
    A banking job is considered a safe job, meaning you won't be fired UNLESS you do something really stupid (like taking bribes or unethical tasks). Above all, you join and withdraw from the bank. No financial recession can disturb you.
  2. Higher starting salary.
    Joining salaries in a banking job tends to be on a higher side compared to other entry-level jobs. The salary of a probationary officer starts at around 4 lac per year in a public sector bank. It's a bit higher for an officer on probation at SBI. However, with the IBA lawsuits still pending, the starting salary of public sector bank officials is expected to rise to almost 5 lac per year. Therefore, a bank job is a great way for newbies to start their career.
  3. Alternative career options.
    With all the skills acquired during your period, you can always jump into higher paying jobs after spending a few years in a banking job. Not only will this help you land a much higher pay raise, but even if you want to start on your own, you have most of the necessary skills. There have been cases of people who quit their own job at the bank and started out as entrepreneurs.
  4. Better work-life balance.
    In an IT job, you have uncertain hours at work, you work nights (so you can manage your US client's schedules), and there are no holidays many times. But that is not the case with banks. The hours are fixed and you can plan your day accordingly.
  5. More vacations !!!
    Last but not least, public sector banks have more holidays than you would expect in a private organization. This means that festivals are not missed with the family. Therefore, a job at the bank helps you maintain an effective work-life balance.

Featured Recruiters:

Finally, regardless of the advantages above, you must have an inherent interest towards a particular field before starting a career in it.

If you choose a profession in which you lack interest, you soon realize that you are not being used to its full potential. You are not being challenged in a way that helps you develop. When your career turns into a constant struggle between you and your Team Leader, you realize that this was not the career option or the path you wanted it to follow. You are stuck.

Make the right decision! After all, it is YOUR future!

I hope that helps. :)
Constructive feedback is more than welcome!

Clarification:

I would like to clarify that this answer is purely impartial and does not consider your personal interest. I am comparing software and banking jobs only professionally and with regard to future prospects, particularly in the Indian context. Different people may have different opinions and I understand if you disagree with my views.

Sources:

Banking OP vs. IT Industry: Which is Better | Salary, prestige, job security, area of ​​interest, growth prospects - IBPS SBI RBI RRB SSC UPSC Recruitment Sarkari Naukri Govt. works

Why a Banking Job is the Best Career Option for You

Should I take a job at an information technology company or settle for a bank purchase order position?

In banking you have job security at PSB. The salary is not bad. You get a leased accommodation where the rental ceiling is fixed according to the bank and its publication. This is not included in salary and salary. You get transportation and other assignments not listed on the pay stub. You will be sent to deputation and your stay will be reimbursed and you will also receive a suspension allowance. Your mobile phone bill is refunded. Broadband is also reimbursed at sbi. The pressure is on the upper side. Sometimes clients don't cooperate either. Loan rates are very inexpensive for bank employees. Submitted

Keep reading

In banking you have job security at PSB. The salary is not bad. You get a leased accommodation where the rental ceiling is fixed according to the bank and its publication. This is not included in salary and salary. You get transportation and other assignments not listed on the pay stub. You will be sent to deputation and your stay will be reimbursed and you will also receive a suspension allowance. Your mobile phone bill is refunded. Broadband is also reimbursed at sbi. The pressure is on the upper side. Sometimes clients don't cooperate either. Loan rates are very inexpensive for bank employees. Sometimes they are based on simple interest and the loan limit is also higher. The pressure is there and you have to handle it. If you want to come to the bank, get rid of the misconception that you don't need to do a job since it is a public sector bank. All those who complain about banking jobs do not quit, they also know that pressure, bad colleagues, hierarchical issues are everywhere. Few quit when they have better opportunities and have to seek better opportunities. The unemployment rate in India is higher. Banking work takes no more than a year to start the exam and post it. The SSC 2017 release remains ambiguous. This is why people opt for banking work. People are not stupid and are not wrong with the herd mentality when it comes to their life. They understand, prioritize and act accordingly. Banking work takes no more than a year to start the exam and post it. The SSC 2017 release remains ambiguous. This is why people opt for banking work. People are not stupid and are not wrong with the herd mentality when it comes to their life. They understand, prioritize and act accordingly. Banking work takes no more than a year to start the exam and post it. The SSC 2017 release remains ambiguous. This is why people opt for banking work. People are not stupid and are not wrong with the herd mentality when it comes to their life. They understand, prioritize and act accordingly. The SSC 2017 release remains ambiguous. This is why people opt for banking work. People are not stupid and are not wrong with the herd mentality when it comes to their life. They understand, prioritize and act accordingly. The SSC 2017 release remains ambiguous. This is why people opt for banking work. People are not stupid and are not wrong with the herd mentality when it comes to their life. They understand, prioritize and act accordingly.

I am an officer, I receive a salary of 41.5k and 7k for rent and 800 for transport and 350 for luch, 300 for cleaning and 400 for newspaper. The rent limit is 11k, but I have a cheaper house. And you have a nps deduction of about 4k from salary and a 4k contribution from the bank. That makes it 8k. Now calculate the bank's ctc for an entry-level officer. And the job is not a 10 to 5 for any officer up to the 3 scale.

Thanks for A2A.

IT DEPENDS ON YOUR PERCEPTION, PERIOD!

Let me clarify a few concepts here. Technically, any employee of the PSU company is considered a government official, since more than 50% of their shares are in the hands of the government. So, technically, all Public Sector employees are government officials.

Before, there was a perception that government jobs have less work and people keep getting cold and not working. And no one can fire you. But the situation has changed now. You are selected for a PSB position because you have the skills to do that job. The moment you start to underperform, you are transferred to

Keep reading

Thanks for A2A.

IT DEPENDS ON YOUR PERCEPTION, PERIOD!

Let me clarify a few concepts here. Technically, any employee of the PSU company is considered a government official, since more than 50% of their shares are in the hands of the government. So, technically, all Public Sector employees are government officials.

Before, there was a perception that government jobs have less work and people keep getting cold and not working. And no one can fire you. But the situation has changed now. You are selected for a PSB position because you have the skills to do that job. The moment you begin to underperform, you are transferred to a less responsible position. If this ends with job security, your job is SAFE!

CASE 2:

You join a PSB, you learn to work efficiently. Climb the highest steps as the years go by. And your one mistake costs the bank millions. You are forcibly withdrawn. If this ends with insecurity, your job IS NOT SAFE!

All I want to say is that as long as he abides by the rules, no one has the power to remove him, let him be the prime minister!

Peace ✌️

I would recommend that you do what you love. The money will come to you when the time comes.

  1. MBA: The people who follow these courses are the ones who do not see a future in the specialization in which they graduated. They can be newbies or people with a few years of experience who want to pursue a career in a non-technical area.
  2. MTECH - people who do so because they want to pursue a technical career or an academic career in the area of ​​expertise in which they have completed their BE / BTech. And they feel that doing an MTECH will improve their career opportunities.

My wife's cousin left

Keep reading

I would recommend that you do what you love. The money will come to you when the time comes.

  1. MBA: The people who follow these courses are the ones who do not see a future in the specialization in which they graduated. They can be newbies or people with a few years of experience who want to pursue a career in a non-technical area.
  2. MTECH - people who do so because they want to pursue a technical career or an academic career in the area of ​​expertise in which they have completed their BE / BTech. And they feel that doing an MTECH will improve their career opportunities.

My wife's cousin left IIM A this year to pursue a technical career at a startup. And now he's a Google employee.

So do what you enjoy. The money will come automatically. Change careers only if you don't like what you are doing.

Best of luck.

Health!

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