Should one leave a software job for a government job?
I would like to answer it appropriately.After B.tech, I had 3 offers in my hand.TCS- 3.25LTATA POWER- 3.8LDRDO (Central Govt job) - 2.65L (Pay revision pending w.e.f 1.1.2006, after pay revision it had become approximately 4L).Being a mechanical engineer, I outrightly rejected TCS from my mind. Parents, friends and relatives were pressurising me to join DRDO for obvious reasons. DRDO was giving me a Class I Gazzetted officer post in Grade B scientist designation. But I dont want to be a scientist. I know, I am not a scientist type of engineer and didnot want to pursue that career just because of govt and secured job.I joined TATA POWER. But within few months I understood that in Pvt sector compettition is too high. An MBA from A class institution can give u a better package and balanced life. Though I liked the job profile in TATA POWER but I understood future was not bright without MBA. I had no money for MBA and also had some liabilities and responsibilities.I enriched my knowledge about power plant and tried for some Automobile companies and PSUs which are located at cities (Metro cities and other cities where malls, multiplexes and restaurants are available). After one year I got an offer from an Oil PSU with 7.5 L CTC and posting at tier 2 city where all relaxation amenities are available. And what I liked most is, I got a better job profile in my new job.What I want to say is, dont go by govt job or money. Do what you like to do and what you expect from life. I am not a person who aims to settle or work in abroad. But I do love to visit some foreign destinations. I love to travel so leaves are important to me. CTC should be enough to lead a decent life. I still see my 26 inch television.Always take decisions on behalf of life not on career or money. Its life that rules the world neither career nor money. Do what you love. Love what you do.
I am 28, Married working as PO in Indian public sector bank. My job kills me. Does quitting make sense?
At first i was engineer.i have 0 interest in coding.Mine was computer science..the day I got degree from college I left the town..I was placed in a company..I didn’t join..why?because I thought if I didn’t enjoyed studying computer science for 4 years how will I enjoy working as a software engineer for the rest of my life..I quit..then what to do..I was always interested in Gov job..I prepared for 3 month..and I got to crack many exams but final selection was in 2 bank..SBI and IDBI..I joined SBI..after working for 3 years at SBI I realised that I can influence people to do better ..people will listen to me ..when every staff in my bank refuse to do some legitimate work people looks at me as last resort..I like helping people..then I realise why not make profession of helping people to get out of their misery..i start looking for the option and then I find becoming IAS,IPS is the best thing that can directly help people..this was the best shot..I took risk again..at age of 29 I resigned from SBI and now preparing for upsc..so take risk in your life..if you succeed then you can lead the people,if fail you can guide the people…you get life for once only..do whatever you want, so that you never get a chance for compunction that what would have my life been if I had done that one thing..
I'm working as officer scale 1 in regional rural banks. What will be the growth level and job prospects? Can I shift to commercial banks from RRB after writing JAIIB and CAIIB?
Hi. To be really honest with you are at a great place. and why I am saying that coz many of my friends working with institutions like Deloitte, KPMG, American express are writing IBPS RRB just to get into it.ReasonsSalary SavingsLess expenseonly drawback I could find is job location. well you asked whats the job prospects it has similar levels as a PSBThe Board of DirectorsThe Chairman and the Managing Director (MD)The General ManagerThe Chief Manager or the Regional ManagersThe Senior ManagerThe ManagerThe Officer or Assistant ManagerThe Assistants#can you shift from RRB to PSBs after writing JAIIB/CAIIBWell these exams are basically for increment in salary, however you can anyways write IBPS PO/SO/other institutional exams like SIDBI/NHB/SBI/LIC AAO/EXIM bank exams to get into PSB or for better locationsPS: My friend you are really at a great place, there are lacs of students ready to take your place, they are fighting hard outside, try to grow in the bank you are already in..however if you have diff plans write SEBI/RBI/NABARD grade A/B exams..(NABARD notification is out you can check)
Is it worth joining any of the nationalised banks as a probationary officer after leaving an IT job with 2 years of experience?
Hmm lots of Answer but none up to the mark , let me try to answer ur query .I am working as Deputy Manager in India's largest PSU bank joined in 2011 ,i also belonged to IT sector.Now coming to ur query ...1.Working in IT or PSU bank , it is upto u what u want to do , if u love hard core coding IT is for u .If u want to do MBA or work in finance sector right now or 5 year down the line join PSU bank. (PSU bank experince will help u in MBA interviews).2.Salary n other benefits in PSU bank (i will answer for SBI): U will join as PO starting basic will be Rs.16900 +110 % da+CCA +reimbursement for 50 ltrs petrol+entertainment +other allowance.You can get HRA or leased house (rent varies according to place of posting from Min rs.9000 to max.30000 in mumbai)+Pf contribution by bank +NPS contribution by bank ,1.2 lacs for furniture , Mobile phone +monthly bill ,land line phone + bill,upto 60 lacs for housing loan, car loan , personal over draft ,every 4 year u can go for LTC and LFC and lots of other benefit ,Unlimited medical reimbursement..In CTC term it will be more than 8 to 9 lacs per annum.3.Life in PSU bank : It is good you can live a royal life(think abt living in rs.30k flat so early in ur life.) Regarding work pressure varies and depends upon person , how one handles it but it will be always less than pressure in private sector.4.Regarding promotion : After your probation there will be a test , if u score more than 60 % , u will be scale 2, various opportunities are there for working in Forex , Treasury , Foreign Branches , Investment Banking etc .5.After experience of 5-6 years one can easily join private banks in senior position with good package . so overall depends upon u , what u want to get , competition is tough u have to compete with 10 to 15 lacs people . I hope it will help u i tried to cover all the things .One more addition ...After settlement of wage revision one can expect gross salary of more than 45k n 2nd and 4th Saturday off.
What is the salary and promotion process of a bank PO?
Bank PO Career and PromotionsBank POs also have a quick career progression as compared to other industries. With a little bit of hard work and dedication, IBPS PO Salary can be almost doubled in just a few years.Probationary Officer is a starting level post of any officer in a bank. As a Bank PO, you will probably spend a duration of two years on probation. It is also your training period where you will learn the fundamentals of the bank and different types of work required of a bank officer.After completing your probation period, you will be subjected to a screening process. Based on your performance, the department will promote you to the next higher level of Middle Management Grade Scale II. And those Bank POs who do not perform well will be assigned as the Junior Management Grade Scale-I Officer.For detail SBI PO SALARY and PROMOTION visit to the following Link:SBI PO Salary 2018 Along with SBI PO Promotion Chart
What is the transfer policy of a probationary officer (PO) of the State Bank of India (SBI)?
Well, during probation you are required to go through atleast 3 different centers for training. That is through 3 cities or basically rural or semi urban centers. Take, for example, my probation. I'm a 2015 batch PO and currently stationed at Barwaha, some 65 kms from Indore in MP (read Bhopal Circle).After joining my first branch in Bhopal, I stayed there for 10 months, for cell trainings etc.Then I was posted in Manasa, Neemuch for Agriculture training. More than 400 km from Bhopal and on the border of Rajasthan for 2 months.Then for final year, I was sent to Barwaha for passing branch training. This is a small town. As the passing branch place has to be Rural or semi urban.So basically as a PO you're required to go through 3 centers. And what happens after probation? Bank follows 2–3 year transfer policy that is, If you stay at a particular branch, office, center for some 2 to 3 years. Then HR will definitely issues your transfer orders. It is possible that you might be sent to a new city or town or kept within the same city or town, it is up to the conscious of the HR.The job is definitely challenging and the bank will never allow you to settle down at any place or branch or center or cell for more than 3 years. As for the female gender, things get somewhat easier as the HR does consider your parents or husband place of stay and gives you posting near their place of stay. Or keep you near the big cities that is Bhopal, Indore and Raipur in the case of Bhopal Circle.Hope this helps!!!