Definition, Meaning & Synonyms

private-sector-employer

Noun

/ˈpraɪ.vɪt ˈsɛk.tər ɪˈmplɔɪ.ər/

Definition

A private-sector employer is an organization or business that is owned by private individuals or groups, as opposed to the government, and employs people to perform various jobs.

Examples

The tech company is a large private-sector employer in the city.
Many people prefer working for a private-sector employer due to the competitive salaries offered.
Private-sector employers often provide a wide array of benefits to attract skilled workers.

Meaning

The term ‘private sector employer’ refers to businesses that operate in the private market, engaging in commercial activities aimed at making a profit. These employers are not funded or operated by the government, providing a range of employment opportunities across various industries.