In the corporate world, there exist three types of organization comprising of Government, Profit and Non-profit and they differ in characteristics. Non-profit organizations operate without the goal of earning profits or directly benefiting from any direct associate. They do make money but only to cover running expenses and pay their employees (Anheier, 2014). For-profit organizations are created with a sole purpose to make profits and benefit its stakeholders. Financial gains, ownership of property and career success are some of the benefits sought from for-profit organizations (Leete, 2015) . Government organizations on the other hand are state agencies created for the responsibility to oversee administration of states functions (Landry et al., 2013) .
For profit organization | Non-profit organization | Government organization | |
Growth opportunities | Employees often find themselves assigned to similar projects as a group which makes it hard for personal development career wise. | In most cases, employees get assigned individual projects which help them test their skills and focus on developing where they run short (Anheier, 2014) . | Proactive employees have limitless opportunities to climb the ladder. The government also offers further education chances to its employees for motivational purposes (Landry et al., 2013) . |
Flexibility of work time | Most activities of Non-profit organization like fundraisings leaves time for personal engagement of employees. | Employees work long hours in For-profit organizations. They have access to leaves though not very often. | The government values its employees life outside work hence has vacation dates for all, sick leaves amongst others. |
Salary | Employees are compensated well for their work since there is no one else to gain directly from the organizations earnings. | Their salary fluctuates with time according to revenue generated. | Employment in governments sector is popular due to its attractive and stable salaries. |
Job location | They are not very many worldwide hence having a choice on where to be located as an employee is difficult. | They are many around the globe although each organization is independent from the other. | Government opportunities are available in almost all locations hence favors individuals choice of settlement. |
Job security | Employees can be confident on their employment since their job is quite secure even during harsh economic times (Leete, 2015) . | Employees are hired and fired on a daily basis hence there is no job security. | When the economy is tough, most government’s employees don’t get affected as much since their employment is stable. |
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Table 1: pros and cons of different organizations types
References
Anheier, H. K. (2014). Managing non-profit organisations: Towards a new approach . Centre for Civil Society, London School of Economics and Political Science.
Landry, R., Lamari, M., & Amara, N. (2013). The extent and determinants of the utilization of university research in government agencies. Public Administration Review , 63 (2), 192-205.
Leete, L. (2015). Wage equity and employee motivation in nonprofit and for-profit organizations. Journal of Economic Behavior & Organization , 43 (4), 423-446.
