This article discusses the advantages and disadvantages of working for both small and large companies. This information will be helpful to those in career transition, and especially helpful to those who are recent graduates and just starting their careers.
Richard Bolles is author of the best selling 2013 Edition book, “What Color is Your Parachute?” On page 18, he defines a small company as one having less than 100 employees. On page 225, he advocates that job seekers apply first to small organizations with fewer than twenty employees, because they create two-thirds of all new jobs. In addition, on page 33, he recommends that job seekers use the index to their phone book’s yellow pages, in the city where they want to work, to identify the fields of interest to them. Next, he advocates that job seekers call up and visit the employers listed in those fields to ask if they are hiring for the type of position that the job seekers can do well.
Small companies have many other advantages. Examples are:
- An atmosphere with fewer bureaucratic rules and restrictions.
- Job descriptions which are more flexible.
- Greater chances of being challenged by and growing professionally with new opportunities.
- Promotions which are easier for productive employees.
- Greater chances of making a personal impact.
Large companies, however, also have their advantages. Examples are:
- Higher pay than with small companies.
- More comprehensive benefit packages that are more likely to include paid vacations, retirement benefits, full-coverage health insurance, and paid holidays.
- More extensive training programs.
- More ability to transfer to jobs in more desirable geographic locations.
All job seekers will have to make their own decisions regarding how well small or large companies will fit their personalities and career needs. Young job seekers, for example, might want to work within job descriptions that will allow them to be challenged to learn new skills and knowledge. Older, more specialized professionals, however, might want job descriptions that maximize their specialized skills. They also might want training programs that further hone their specialized skills and add to their specialized knowledge. Finally, older workers might be more concerned than younger workers with having health and retirement benefits.
What has been your experience while working for small or large companies? Please comment below.