Government job with a bribe. Are you looking for this offer? Then read this article to find the best answer for you.

Case study for Government Job with Bribe.

Let’s assume your age is 30, and you are offered someone to give you a 40 lakh bribe for giving you a government job.

In addition, the take-home salary is Rs. 25,000.

and the salary is expected to grow by 8% every year.

 

 

Now, let’s do an analysis of whether getting a government job with a bribe is worth it or not?.

In the above Excel sheet, you can see that the first column contains months from 0 to 360.

While the 2nd column contains the cash flows, the first cell is “Bribe” for Rs. 40,00,000.

and the 2nd cell in the 2nd column is the take-home salary for the first month.

In addition, this take-home salary will continue for 12 months.

Moreover, after 12 months, the take-home salary will increase by 8%.

Again, this new take salary will continue for 12 months.

And again, the take-home salary will be hiked by 8%.

So, every 12 months, the take-home salary will increase by 8%.

In addition, the 3rd column contains the dates.

Now, let’s apply “Xirr” formulae to know the rate of return that will be generated from the cash flows, i.e from the salary that you are getting in all these 30 years.

After calculating the rate of return, we got the answer as 14.6%.

In addition, you may get a NPS corpus of somewhere around 3 to 4 crores at the time of maturity.

Is it with buying a government job with a bribe? …

The answer is “no.”.

Let’s see how much corpus will be accumulated if the same 40 lakh is invested on your own in equity mutual funds.

In addition, the roi expected is 14.6%

and number of years are 30.

You can see in the above image that the corpus accumulated is 23 crores in 30 years time for investing 40 lakh today.

In addition, you are assumed to do a private job and not save any money for the future.

In spite of that, the corpus average is far higher than 3 to 4 crores in government jobs.

Conclusion…

If you get a government job with a bribe, and xirr you are getting is 14.6%.

But you are not sitting idle, right?

In addition, all these 30 years you have to do proper work in a government job also.

Moreover, a good investment doesn’t need to do any work.

Like in equity mutual funds, the 40 lakh invested, and there is nothing you are doing for the purpose of generating 14.6% roi in MF investment.

But in the case of cash flows seen in the government job for bribe, you are doing 8 hours of duty for 365 days per year and in total 360 months.

While in the case of a 40 lakh investment in MF, you are not working, not even for a day, to generate a 14.6% ROI.

Here, you may be saying in a government job, I will get 3 to 4 crore NPS corpus, and that is not considered in the XIR calculation.

Yes, you are right.

But still, the 23-core MF corpus is far bigger than the 3 to 4-core NPs corpus right at the time of retirement.

Finally, giving a bribe for a government job is a crime and is punishable under law.

In addition, you may commit some crimes in order to recover 40 lah you spent for getting a government job.

However, I don’t think these days getting a government job with a bribe is possible.

As systems are very tight.

So don’t catch a mouse by digging a hill.

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