In 1984 after completing my Post Graduation, I had rejected a rare campus offer those days, from Mettur Beardsell (current Madura Garments) Ltd. and opted for Hindustan Aeronautics Ltd., a PSU. My uncle who had retired from Bharat Petroleum, a PSU but had joined this company when it was Burma Shell Ltd., a multi-national Private company lambasted me for opting out of what he called a meritocracy and opting for the mediocrity, driven by the need for job security. Having seen both the worlds, I reckon he was convinced that the job-security to reward trade off should be made in favour of rewards.
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