WAGE DIFFERENTIAL BETWEEN PUBLIC AND PRIVATE EDUCATIONAL INSTITUTIONS: A CASE STUDY OF WAH CANTT

This study has tried to analyze the wage differential between public and private educational institutions and concludes that the public sector workers tend to have both higher average wage and education levels as compared to their private sector counterparts. The study used the primary data source. The data is collected through questionnaire that is filled by the teachers/employees working in both the public and private educational institutions in Wah cantt. The entire surveying process consists of 19 private schools, 16 public schools, 2 public colleges, 6 private colleges, 2 vocational training institutes and 4 universities. The sample for the present analysis consists of 154 teachers/employees in which 81 questionnaire are filled from public institutes whereas 73 are filled from private institutes. 4 to 6 questionnaire are filled from each school. The analysis is restricted to age group between 15 and 60 years of age. The finding of this study concludes that the employees working in public sector has large income level and they are more satisfied than private sector employees because in private institutions the wages are not according to qualification. Education has a great influence on the income level, teachers/employees who have higher education are getting more income as compared to those who are not much educated, but the workers of both the public and private sector think that their wages are not according to their education. Hence, it is also concluded that the variables like education, experience, skills, training and good environment affect the wage level.