Public vs Private Sector

2261 WordsNov 5, 201510 Pages
PRIVITIZATION OF SERVING IT RIGHT A Provincial Program PRIVITIZATION OF SERVING IT RIGHT A Provincial Program Shaylan Zecchel 300208379 October 9th, 2015 BUAD 425 – Steven Watson Shaylan Zecchel 300208379 October 9th, 2015 BUAD 425 – Steven Watson Table of Contents Introduction 2 What is Serving It Right? 2 Public Sector Administration of Serving It Right 3 Public Sector Employees versus Private Sector Employees 4 Monetary Wages and Benefits 4 Private Sector Administration 6 Risks 6 Benefits 6 Jobs 8 Conclusion 8 Bibliography 9 Introduction The question is not why the public sector can’t continue to administer the SIR program, it is how the private sector can do it better. The public sector…show more content…
It doesn’t help that departments and agencies turn over more frequently, causing unnecessary starts and stops in the progress of specific areas. As well, the public sector holds flexibility in decision making, and the way to use the public’s money efficiently (Mares, 2013). Although the SIR program is important to the safety of the public, it does not seem important enough to use taxpayers’ money in order to fund it. Yes, many people have to take this program in order to be qualified for a job, event or special occasion, but what about the people that are not in one of these situations? Why do they need to pay out of their pocket so that the public sector can continue to administer? We as a province, should make a change, and hand the SIR program and it’s duties over to the private sector. Public Sector Employees versus Private Sector Employees A recent study by Fraser Institute, reveals some critical issues in relation to the benefits that a public sector employee gets over that of a private sector employee. The BC public sector earns more than the private sector, which would be expected. However, how much more they make, is where the issue arises. Monetary Wages and Benefits In 2013, government workers were paid 6.7% more and 3.6% more than unionized private workers. Not only do these workers receive better wages, but also get better non-wage benefits
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