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  • Job security
  • Make a positive difference to society
  • Flexible working practices
  • Good training opportunities
  • Range of careers available
  • Opportunities to progress in career

-

  • Pay generally lower than private
  • Public sector very bureaucratic
  • Political consideration affect decision making
  • Few incentives

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  • More opportunities for progression as the company grows
  • Pay generally higher than other sectors
  • Jobs can be more prestigious
  • Less bureaucracy
  • Employees can benefit from success of business

-

  • Less job security, especially in times of economic downturn
  • Very competative/high pressure jobs
  • Business driven by need to make profit

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  • Personal job satisfaction
  • Gaining experience
  • Good/supportive employers
  • Flexibility

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  • Little or no pay
  • Companies rely on donations from public
  • Sector prone to 'cultural stereotyping'

Public Sector

Any business which is own by the country as a whole

and run on behalf of the people. Aims to give a service

and is financed and controlled by the government

Disadvantages

Advantages

Public/Private/

Voluntary Sector

Private Sector

Advantages and Disadvantages

Any business which is owned by private investors.

Private sector is any part of the economy which is both

run for private profit and is not controlled by the state.

This sector is also free from any government ownership

or involvement.

UNit 3

BTEC Employability Skills

Disadvantages

Advantages

Voluntary Sector

The voluntary sector consists of those companies which are not for profit and are not agencies for the government. These include not only charities, but also small voluntary groups, housing associations, universities and colleges and NHS Trusts.

Advantages

Disadvantages

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