New Job Offers Double Salary - Safe Change In This Economic Slow Down?

Hi,
Changing a job brings in a frsh perspective and also brings in opportunities to prove yourself. It is a new life...look at it this way...What's the worst that can happen? Would my mind stop functioning or would I get several opportunities for appreciation when a job is well done? Power sector is not an area that will phase out....Power runs everything else...that's reason enough to not have self-doubt.
Short term economic changes keep happening. It is a dynamic world we life in...the basis of the power sector is that the demand never falls. It may change approach, direction or bring in new ideas...If you are adventurous and want to make a difference, it will help. Private sector allows you to dare to take a chance...the call eventually is entirely yours. Just listen to your inner voice...keep in mind...your call is entirely your call. Everyone has a choice. Not making a choice, I am to understand is also a choice.
Take care and good luck!
Sandy

What amount they r willing to pay u in private sec...what ur getting in ur Present Job...?

Hi Blue,
I hope you are aware of the financial crisis which was faced by Lehman Brothers which is a 200 yr Old Company and nobody expected that to file a Bankruptcy...And do you know that they offer huge salaries to freshers as well as experienced guys?
Arond 2500 people got layed off Only in India....the one who joined them recently had a very big hit..as they lost their Previous Employer and the Current Employer as well.
My sincere advice would be, Please stick on the PSU for some time...may be till this the World Comes out of the crisis and as per your information, most of the Private Companies are entering into Power Sector like Reliance...which pays good salaries.
So, there is nothing to worry that you may not get a chance to get into Private with highest salaries.
Think twice and take the BEST DECISION.
- Gowtam

Hi,
Just make sure that you are on permanent rolls, not on contract and try to make the terms and conditions favourable for yourself. The organisation knows that u have a secure job in hand, so you are in a better position to demand what you want.
Also, read between the lines in your offer letter. Tell the organisation to give you written assurance of job security i.e. - max possible notice period from their side in case of termination. Say that this is bcoz you do not want to take a risk in these market situations.
Also, rethink of all emoluments in ur govt job wch may not be there in the pvt sector job. For example the proposed longer maternity leave (if u r a female),Govt accomodation etc.
Find out about the organisations financial health in present times. If it presents a sorry picture, back out !
I am not an HR professional. Just listed down the things I would have done if I were in your place.
Thanks,
Shikha

Govt. Concern I think will not allow retain lien in this case as it is Pvt. Company.So anthr option is take leave for a time to be decided by you & taste the waters,if OK stay on if not come back.However job-security is not an issue in this times even in pvt.sector,also when u r an Engg.If money & challenge matters, go for it.If stability & long-term security, then stay put.Rgds,
Indranil Banerjee

Mr. Blue bill
I am a fresher in HR but i have a lot of experience in social life, jobs etc....
Dear i advice you dont change the Govt. Job. Money is not everything. Degnity is also mondatry and motivation tool for this. I think after some time you will be on high post like JE, SE, SDO, etc.... So think and think and think than make decision.
I am MBA HR and we learnt that make decision immediate but this is very big decision. This is very tough to get a govt job in this Govt job crisis.
Aage aapki marji..

Dear Friend,
Pls stick in the Govt job. I know the pay pack is fat is in the other Pvt co, but at the same time you will never get a Govt job and its easy to get a Pvt job.
So pls do not shift as of now....
All the best
Dheer

hello Blue,
it depends on what u want? job securtity ot high pay? and the main thing that matters is whether u r getting job satisfaction or not? if u r satisfied with ur job then dont quit ur job other wise there are other alternatives which u can opt for.

hey,
either left or right - peaceful mind & job with limited salary etc or handsome salary with pinch of pressures, quick growth, etc
- choose on ur own?
all da best!!!!
Madan

Hi,
A SWOT analysis on both the jobs would give you a clear cut picture.
Regards,
K. Bhupesh