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Reply to "Moving from government job to private sector--what's it like?"
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[quote=Anonymous][quote=Anonymous]The biggest difference is the P&L factor. (That's Profit & Loss.) Most private sector employers operate on an employment-at-will basis. If the company you are working for has a bad year or restructures, you could be out pretty fast. Government workers don't have to think about revenue as the source of their salary as long as the government keeps collecting taxes. You loose that job security when you go to the private sector. [/quote] +1 My husband works for a multi-billion dollar company and they just laid off a bunch of people who had worked there for multiple years. The company is doing well overall and their stock is through the roof, but this particular part of the company was not doing well, so there were lay offs. Apparently, they have 45 days to find something else in the company before being completely let go. [/quote]
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