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Names: Sabrina Celis
Ignacio Dumenes
Sigrid Valenzuela
Matias Vergara
Dilan Vidal
Grade: 3º E
Date: 10 October, 2017
Private sector refers to the segment of the economy that is not directly controlled or operated by agencies and organizations administered by the government.
The private sector is made up of companies that operate for profit. The private sector encompasses all for-profit enterprises
Difference between the private sector and the public sector
The public sector is the part of the economy where goods and services are provided by the government or local authorities.
The private sector is made up of privately owned and privately owned business
· The strength of the private sector is that it generally has salaries that are much higher than the public, although of course, this condition depends on the position of each.
· Taking into account with the aforementioned is that it is much easier to promote and get loose increases.
· Usually the facilities are much better in this sector, much more modern, and offer their employees more amenities.
According to the 2016 Supplementary Income Survey published by INE, the average monthly salary of public officials reaches $ 756,435, while in the private sector it reaches $ 537,586. The gap between the public and private sector exceeds the average 40%.
-Microsoft
- McDonalds
-Coca Cola
- Private companies (Small and medium)
- Transnational
- Defending
- Education
- Health
Transfer rents:
- Unemployment benefit
- Retirement and invalidity pensions
Private sector:
Private companies are governed by economic benefit objectives and compete to outperform other companies offering similar goods and services.
Chef, Mechanic, Sportsperson, Electrician, Waiter, Dog trailer, Plumber, Collectibles dealer, etc