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Has anyone worked in both the federal and private sector. I'm considering an opportunity in the private sector, slightly more money at a well known large company. But everyone keeps saying I would be foolish to leave my federal job although I am totally over working here. If I leave I know I'll be leaving behind a stable, well paying job, although very very mundane. I've only ever worked for the federal government.
All I ever here is people say they wish they could get a federal job. Any thoughts? |
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I have worked in both the federal and private sector.
So much really depends on what your field is and what agency you work for. A lot also depends on the specific private sector opportunity -- is it a company with a good record, good future, et cetera. But aside from that, I think people who say they wish they could get a federal job don't realize how much things have changed in the public sector (pay freezes, changes in benefits, pension situation, sequester, cuts). |
| OP - Are you a clock watcher? |
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I have done both, and the biggest difference is the lack of stability in the private sector. If you work for a federal contractor and that contractor loses the contract on which you work, you are probably out the door.
Will the work actually be more interesting or will it just be a different type of mundane work? My private sector work was more interesting, but there were many more deadlines and the work flow was unpredictable. |
The private sector doesn't ONLY consist of federal contractors. I think it makes a difference if OP is looking at a job with a large, established private sector company that is NOT dependent on federal contracts/budgeting. |
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I struggle with the same decision OP. I think there are much more interesting jobs (for me) outside the federal govt. But I keep hearing how its so great to have a federal job that I feel like I can't leave. I don't know.... I at least want to stay for five years to be vested. After that I think all bets are off.
One thing to keep in mind OP - if you have three years of federal service - you will have career status and that makes it somewhat easier to get back in the federal govt later if you want to. |
| Thanks all, this is a regular private company, so not a federal contracting job. |
| If you are 15 years or less from retiring, I would stay in the government. But if you only have like 10 years or less in it, or if you are under the age of 35, I would say go ahead and leave the government if the pay is really good and you can put a decent chunk into your 401K every year. |
| Are you status? |
| I don't think you should stay at a job just for security if you think there is a job you'd like better, esp. if you are a ways off from retirement. That said, there are more office politics in the private sector I think (or rather, there is more at stake in office politics). |
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I've done both.
I had more independence and more control over my life in my federal job (senior policy advisor/manager), as well as more stability. The assault on federal employees is in full swing and is a serious thing IMO, killing morale and the ability to attract the best. I am glad I was able to retire this year. OTOH the private sector is also a bit of a mess in my field (law/public policy), unemployed people everywhere, poor job market, no job security at all, I had chances over the last 15 yrs. (even before the market tanked) to go back to the private side and wasn't seriously tempted. 14:20's approach may be one to consider... |
Yes. I've been in the government for close to a decade. But I started in government right out of college so I still have a ways before retirement. |
Definitely try private sector if you are only 10 years out of college. |
Talk to your HR department, you can leave for the private sector, work there for a few years for money and then come back to the fed and finish up. |
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Early 30's and I left private to go into the Feds about 3 years ago.
FEDS: Pros: Flexibility, job security, leave (after 3 years) and some benefits (TSP, medical). Cons: Difficult to move up, difficult to move into other series, lower pay, political bickering, gross inefficiency and waste, low morale, lots of paper pushing, slow decision making.... PRIVATE SECTOR: Pros: Salary with increased based on performance (not seniority), training opportunities, interesting work Cons: Volatility, deadlines, competition, no maternity or STD I joined because I wanted a slower pace and that’s exactly what I got. They say that grass isn’t always greener and this DEFINITELY holds true in my case. I’m planning to stay put for now (because I just had a baby) but once the economy firms up, I’m out. |