IPC 324: Voluntarily causing hurt by dangerous weapons or means
i.e., Whoever, except in the case provided for by section 334, voluntarily causes hurt by means of any instrument for shooting, stabbing or cutting, or any instrument which, used as a weapon of offence, is likely to cause death, or by means of fire or any heated substance, or by means of any poison or any corrosive substance, or by means of any explosive substance or by means of any substance which it is deleterious to the human body to inhale, to swallow, or to receive into the blood, or by means of any animal, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
It is a non-bailable, cognizable offence.
Offence is NOT listed under Compoundable Offences.
If the FIR has been registered but you have not been summoned by police then you may wait for the police to summon, after which you may obtain anticipatory bail.
Since it is not a compoundable offence, the complainant cannot withdraw the case even if there is a compromise arrived between you and the complainant.
It will be too early to decide about compromise or paying any money to the defacto complainant.
The police, once registered FIR, has to file charge sheet before court.
You may file a quash petition before high court after the charge sheet is filed and can request the complainant to file an affidavit expressing his no objection for quashing the Charge sheet if the compromise is arrived at that time.
Your government job will not be affected until and unless you are not convicted by court.