But aspects such as a guaranteed, index-linked pension, still available to some public servants in some countries, has huge value.
Not many appreciate quite what that is worth but it can be worth up to 50% of basic salary!
So for some people, even if they think they will return to the private sector later, a few years in a significant public sector job to gain different experience may well be useful.
As we said above, the challenges to be faced are considerable, and for instance the stakeholder management issues faced by public sector buyers can be a lot more interesting than those in the private sector – which you can use to impress at interview! It makes sense– businesses in the private sector are always growing, changing, merging, and restructuring.
A process that is unfinished, but through writing about it we hold on to the thought.
The written word can be resisted, can be negotiated and corrected without it fading or disappearing.However, I recently had a conversation with a very senior government procurement executive that really made me think.This executive revealed that several of the people in their latest batch of recruits came to them from top blue-chip consulting firms.Public sector employees report feeling like the work they’re doing is for the benefit of humankind, not just for commercial profit-making reasons.We can debate the philosophy behind that, but here’s a story about a procurement director from a hospital that has always stuck with me.While these reasons are a good place to start, there are also plenty of other things to consider when you’re thinking about making the switch to a For example, we haven’t touched on pay and benefits here.Traditionally, the private sector was usually better, and with austerity in southern Europe that may still be true in many countries.But even taking that out of the picture, the reasons above make it clear why for some procurement professionals – not everyone, but a reasonable proportion – a move to the public sector can make a lot of sense.Without me realizing it commitment has become important in my daily life.The director said that his team’s procurement savings “had paid for 100 more heart operations this year.” Compared to buying sugar for a soft drinks firm or even technology for a bank, making life-saving operations possible. It may be something of a cliché, but it is still true.Generally, the public sector is more reasonable than private industry when it comes to working sensible hours, having time off for emergencies, flexible working patterns, and so on.