What do you want to be: a Bank PO or an IT professional?

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• Career choice Bank PO or IT? Which one is
  better? In terms of job security, prestige,
  specialization, salary and perks, work-life
  balance and growth prospects

2
Bank PO vs. ITWhat do you want to be a Bank PO
or an IT professional?

• All of us desire a comfortable job that also
  keeps challenging us for professional and
  personal growth. This means ones preferred job
  should allow one to apply ones skills
  productively and with a sense of inner purpose
  and achievement. In the end, we all want,
  admittedly or secretly, a job that motivates us
  to work hard because of the harder partying that
  it guarantees in return. With such a job in hand,
  life becomes a pleasant, fulfilling journey.

3
Career choice Why Bank PO, not IT? Bank PO vs.
IT Job Security

• The IT industry is vulnerable to global market
  forces like no other. IT companies flourished
  before the recession struck in 2008 then there
  was chaos. Pink slip, layoff and debt became
  bywords. Eight years down the line, the situation
  has improved, but who knows when the next
  recession will strike? Automation is the latest
  threat, a really big one. IT industry stewards
  are getting fired in droves as companies go in
  for automation-driven cost cutting.
• By contrast, the 2008 recession exposed many
  private bankers as greed bags, but not a single
  regular employee of an Indian public sector bank
  lost his or her job!
• Question Who wins this round?
• Answer Bank PO

4
Bank PO vs. IT Prestige

• It may still be more fashionable for one to be an
  IT professional, but there is no job security. On
  the other hand, a Bank PO is not a trendy or
  glamorous professional, but s/he enjoys the
  prestige that comes from holding a government
  job. This is India, not America, after all!
• Question Who wins this round?
• Answer Bank PO

5
Bank PO vs. IT Specialization

• You must be a specialist to hold your IT job.
  Thus you must know coding or work long hours to
  learn it, or you must leave! A Bank PO has no
  such problems just clear an open exam and get a
  well-paid life-long job. As for specialisation
  and learning new skills, training is provided on
  duty, with even non-performers retaining their
  job
• Question Who wins this round?
• Answer Undecided

6
Bank PO vs. IT Salary and perks

• Though top ranking IT professionals get a higher
  salary than a senior Bank PO, the starting salary
  of a Bank PO is higher than that of an
  entry-level IT jobber. The annual cost to company
  for a Bank Probationary Officer is between 5and 6
  lakhs, with SBI and RBI paying even more. Public
  sector banks offer perks like leased housing and
  allowances for newspapers, refreshments and
  furnishings.
• By comparison, more than a third of an average IT
  professionals salary in spent in paying bills
  for housing and transportation. The savings of
  Bank POs are greater given that they get free
  housing and so many other allowances.
• Question Who wins this round?
• Answer Undecided

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Bank PO vs. IT Work-life balance

• An IT professionals job entails uncertain work
  shifts and very few leave days. But banks follow
  a fixed daily work schedule with more leave days.
  Night shift IT professionals with a family often
  get no chance to see even their children, who
  leave for school just before they get back home
  in the morning. Thus, as a Bank PO, you have
  more time on your hands for your personal life.
• Question Who wins this round?
• Answer Bank PO

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Bank PO vs. IT Growth prospects

• It takes less time to rise up the hierarchy as a
  Bank PO compared to an IT professional. For
  instance, it will, on an average, take 10 hard
  years of work to grow to the level of a mid-level
  manager in an above-average IT firm but those
  years would still mean nothing since fluctuating
  marketing conditions could leave you jobless in a
  matter of days. On the other hand, as a
  Probationary Officer (PO) in a public sector bank
  (PSB), you are Branch Manager in less than 5
  years and, luck permitting, Chairman before you
  retire.
• Question Who wins this round?
• Answer Bank PO
  source slideshare.net

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• Verdict
• In favour of Bank PO

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