A long list of questions is lined up before you when you are looking for a job, though you know what you want, yet you are unsure of which path to take. The question of whether to be associated with a small start-up company or a large corporation is the one that tops that list. Well, I would suggest, as each one has a different set of preferences, it is vital that you go through the job seekers guide, such as this, that will enumerate to you the differences between the two.
The most apparent variation that you ought to expect when comparing the two corporate entities is, its modus operandi. Take for an example a Montessori or preparatory school and a university, though the primary function of both have its roots in imparting knowledge, yet there is a vast distinction in the way each functions. Similarly, a small business will most definitely be varied in the way they carry out their business and yield profits in comparison to a more significant business.
The elephant in the room, however, would be ‘what would be your pay?’; after all, we work to earn. The size of a company surely affects the income of an employee working there. When we talk of big corporations, you should realise that ‘they are there’, that is to say, they are facing the competition on a broader spectrum and will be drawing bigger profits; hence they are capable of paying you better. The packages they offer have a rage set for each job profile, and your ability will decide, in that case, how much you deserve. The perks and compensations are more lucrative in a larger business firm than a smaller version of it. Especially with regard to the retirement schemes, there is a vast disparity between the two. A corporation is capable of giving you the benefits that you desire and hope for at and beyond the time of retirement; unfortunately, when it comes to the smaller business operators they do not have enough to offer you attractive retirement schemes, or even pension in some cases.
The next big question that keeps bothering the mind is the ‘working ambience’. In other words, would you be working as a member of a corporate family, or as a formal employee of a big business unit? This is a subject, which probably, is not a matter of concern for only a handful of people. Individuals these days lay a lot of emphasis on the kind of working environment within a workplace. When you are associated with a small business firm, you experience a greater sense of belonging than otherwise. As a matter of fact, you even get to play more roles in a small place of work.
As a consequence, you get more opportunities to showcase your talent and bag more chances of getting recognised for your expertise in any particular field. On the other hand, you may experience a feeling of ‘being lost’, when you are employed in a big firm. You somehow struggle to exhibit your existence. Closely associated with this is the freedom of being creative; at a small organisation, your freedom when it comes to showing your creativity is not really limited, because, at the end of the day, you are an asset to the company. Contrarily, in a big corporation, you may not be able to fly freely with your imaginations and views, as there are a few others you are at the same hemisphere that you plan to soar in. I must mention here as a part of the job seekers guide, that even if you are not so skilled at a particular task when you employ at a smaller firm, you have the scope of learning. Whereas, in large business organisations, you are asked to undergo training in the skill, so that later on you are equipped for being utilised in the company. The exchange of views and knowledge is clearly visible as a result of this in smaller companies. The physical space seems to be directly proportional to the emotional space between the employees at either place. But ultimately, the training offered at a large corporation in comparison to the learning at a small business organisation is advantageous because you might just stumble upon a new skill while you undertake the former.
The flexibility, in terms of rules and functioning in a small organisation, is much more when contrasted with a larger one. This is the reason that contributes to making the small business entity a preferred place of work. Latest studies, however, reveal that the larger corporations are now making an effort to include flexibility in their method of functioning so that employees are satisfied and thereby work optimally.
When working for a corporation, you may not have the privilege to function at various roles, but in case you are planning to put in your applications for a small company, be prepared to wear several hats. Owing to the size of the organisation, it becomes imperative that a single employee perform numerous responsibilities and not merely one. A big company has greater scope to appoint employees for specific job functions and clearly outline their roles. This aspect puts the small company at an advantageous level because you are getting to explore among other responsibilities that may not have been your forte, thereby expanding your area of expertise.
Finally, the question that pops up during the job hunt is what your ultimate career plans are? To cater to this query, you will have to focus on what size of organisation offers you an increased opportunity towards career advancement. In this case, a large company is more capable of providing you with the advancement of career due to the recognition and reputation it has in the market; you are more likely to get promotions and rise up vertically in your career. The contribution of a small organisation cannot be entirely ruled out in this regard; they act as stepping stones to professional progress by equipping you with a wide range of working skills which could, later on, prove to be useful for ownership and managerial levels of work. The candidates to whom seeing the result of their input to a project is a driving force; this is the ideal place to work in, they will get to see themselves in the frontline, as opposed to being lost in the swarm of employees at a large company.
Just like you get information and become utterly sure about a particular product thoroughly before investing your money into it, similarly by following the job seekers guide, you will come to know of the advantages and disadvantages when comparing large companies vs small companies.