A public sector employee earning ₹ 23 lakh a year has shared his experience of working in a PSU , arguing that such jobs can offer greater financial security and savings than private-sector roles.
However, he added that the lack of avenues to spend money also means that he saves considerably. (Also Read: Hyderabad woman compares corporate life with husband’s government job: ‘We’re getting best of both worlds’ ) The employee further said that his compensation is divided into different components, including around ₹ 28,000 per month as performance-related pay, ₹ 14,000 credited to his NPS account and approximately ₹ 1 lakh in salary. He claimed that his performance pay alone is enough to cover his monthly expenses, allowing him to save most of his salary.
He said remote postings are one of the major reasons employees end up saving a large portion of their income. “The only bad thing is the 3 tier village postings where the nearest civilization is some 50 km away,” he wrote. He also highlighted the financial security associated with his job, saying employees can access loans of up to ₹ 10 lakh and home loans of up to ₹ 50 lakh at “negligible simple interest”. “Believe me the amount of confidence having such financial security this job gives is unparalleled and this will show up in your personality,” he said.
He is now planning to pursue an MBA from a top-20 business school and said that he has saved enough to fund it without taking a loan. The employee shared that the financial stability has allowed him to spend freely on things he enjoys despite having relatively low monthly expenses. However, he also acknowledged the significant downside of PSU employment: limited professional growth.
He said that he owns the latest gadgets, a sports bike, several sneakers and premium clothing, while also travelling to Delhi, dining at expensive restaurants and maintaining a large gaming library. “I left MNC job for this PSU job and frankly I always regretted that because of trash work culture and almost zero personal growth,” he wrote. He said that his MNC friends are more satisfied with their work and continue to upskill, while he feels he has become a “lazy typical disinterested sarkari officer”.
Reflecting on his experience, he said the PSU job helped him travel, party, pursue hobbies and enjoy his 20s, but he now wants to move towards more meaningful work and a better lifestyle in a tier-1 city.
