If you work for a company that is publicly traded, then you are working for a public company. A publicly traded company has shares that can be bought and sold on a stock exchange. On the other hand, a private company’s shares can not be bought or sold. This is the main difference between private and public companies. Working for either type of company has its own unique set of pros and cons and if you’re considering which company to go with, review this list of benefits that can make or break your decision.
Public Company Benefits
Public companies consist of schools, councils, emergency services and many scientific and research positions. This sector has a huge variety of job opportunities and benefits for employees. The top benefits of working in the public sector are job security and helping your community. The reason why these companies have stability is because of the government support. Giving back to your community is another benefit of working in the public sector, which gives employees a sense of responsibility and purpose. According to jobs.ac.uk, “A sense of responsibility to the community is instilled in public sector workers. The flip side of this is that you can directly affect your local area, or even the nation, for the good through the quality of your work.”