What do you think about this trend?
Many people firmly believe that Government officials are lazy and good-for-nothing. Some of them are believed to be corrupt also. At least some members in ISC also have the same opinion about Government employees. A member earlier stated that Government employees can never compete with employees in private sector.However, in actuality, we see that a large number of people in Government (Central Government and State Governments) and in PSUs join the private sector after their retirement/after taking voluntary retirement. I can quote hundreds of examples. Many MTNL/VSNL employees have been working very successfully in private mobile companies when MTNL/VSNL downsized their operations. Many senior officials in Government join private sector after the mandatory cooling-off/gap period. I have seen even lower-level employees in PSU Banks successfully switching over to private sector banks. Many Government school teachers work in private schools after their retirement.
Yesterday, my last boss (now retired) contacted me for some work. While talking, he told me that after retirement, he has now joined an NGO in a responsible position. He informed me that the work he is presently doing is ridiculously less compared to his earlier responsibilities in Government. He also informed me that his current pay package is almost (more than 90%) equal to his previous pay package in the Government. He is enjoying life with his present salary and pension for his previous Government service.
What do the members think about this increasing trend of retired/voluntarily retired Government/ PSU officials joining private sector jobs?