Sir,
I am working at private sector organisation in last 13 years
my payment is Rs.8550.00 only no other benefit. can you tell me how much money got to me the gratuity ?
..
They are the wages paid to employees in the private sector.
In many economies the public sector is the largest employer. (i.e. State employees (the public sector) outnumber people in private companies)
260,000 employees in the UK alone, making Tesco the biggest private sector employer. There are 380,000 employees worldwide, which is equivalent to the population of Bristol.
In the private sector it is probably IBM with 6,800 employees.
The US Government offers health insurance for employees in the public sector. For employees in the private sector, they have to purchase their own medical insurance.
coz private undertakings they want young and more active..at any rate they want to earn profit..the main motive of private sector is to earn profits..
David Keith Talbot has written: 'Do public sector employees hold the same psychological contract as people in the private sector'
Is a private sector
private
It's a public limited company. Anyone can buy shares in the company - share ownership is not limited to employees.
what can public sector learn from private sector
Better pay and working conditions. Governments have become known as a choice employment pool for the private sector because governments can't compete with the salaries or the benefits offered in many areas of the private sector. This is common knowledge within the government sector, but not so well known by the general public other than employers. As a former government official, I can vouch for this.