Pros and Cons of Federal Government Jobs

If you are thinking about applying for a federal government job, you should be aware of the pros and cons of these positions. Knowing the many benefits that accompany federal government jobs may make securing one more attractive to you. On the other hand, if you have an entrepreneurial spirit, you may find happiness while working in the private sector. Here are some of the pros and cons of federal government jobs that you can use to make an informed decision.

Pros of a Federal Government Job

  • Pensions and Long-Term Benefits
    Federal government jobs usually take care of employees throughout their lives. You can expect to have a great pension plan if you take on a federal government job. You may also have the option of participating in a 401k program. Participating in this type of program can help you begin saving money for your retirement years. Your employer may also match contributions to your retirement account.
  • Health, Dental, and Eye Insurance
    As a federal government employee, you will likely have full insurance benefits. You will not have to worry about purchasing your own health, eye, or dental insurance. You may even have this kind of coverage after you resign or retire from your position.
  • Career Stability
    Federal government jobs are usually very stable, and most employees do not have to worry about being laid off or losing their jobs. You can have peace of mind in knowing that you will have a job for the years to come if you are one of these employees.
  • Student Loan Payment
    You may have your student loans forgiven if you work in a federal government job for a minimum of 10 years. You should research the government's loan forgiveness programs that may be applicable for your career choice.

Cons of a Federal Government Job

  • No Room for Promotions
    One of the cons associated with a federal government job is that you may not receive the promotions you desire. For example, government attorneys will never be able to be promoted to a position that resembles “partner.” Federal government employees sacrifice their ability to secure certain types of promotions.
  • No Increased Earning Potential
    Another con that federal government employees may find is that they do not have the same increased earning potential as those who work in the private sector. Government employees may, however, be able to transition into the private sector after gaining experience while working for the federal government.

In general, working for the federal government can be an attractive option for those who want a stable income. Federal government jobs may also make sense if a person has a tremendous amount of student loan debt. Loan forgiveness programs may ultimately allow a person to save hundreds of thousands of dollars.

Last Updated: April 15, 2015