Working for a Large Corporation Vs. Working for a Small Business
There are a number of significant differences between working for a large corporation and working for a small business; both have their benefits as well as their down sides and for this reason it is important to choose what works best for you as an individual. You may find that you are more suited to a corporate environment than to the atmosphere of a small business or other way around. The decision you’ll make is entirely down to you and depends largely on the way in which you work.
With this in mind, here are the top advantages of working for both a large corporation and a small business in order to help you make your decision.
Benefits of working for a large corporation
Stability – Although in today’s tough economic times no job is entirely safe from staff and pay cuts, however, it is fair to say that large corporations tend to offer greater stability. They also have the power and money to fight off their competitors in particularly competitive markets.
Promotion possibilities – In large corporations there is always room for ambition. This means that employees often have the chance to gain promotions or even try out for new roles within the same company. This is often not even a possibility when working for a small business.
Employee benefits – Due to their sheer size large corporations have the opportunity to leverage the dimensions of their workforce in order to negotiate greater employee benefits. They can also offer their employees greatly advantageous stock purchase plans whereas this is not an option with privately owned small businesses.
If you would like to get a better idea of how working for a big company might be, you can check online for specific company reviews, in which employees of big corporations like Luxottica and Nike list the main pros and cons of working there.
Benefits of working for a small business
Flexibility – It is fair to say that in small business environments there tends to be a greater flexibility with regards to working hours. Of course this will vary from business to business, but small business owners are often more accommodating when their employees require an alternative working setup.
Openness to change – Often in a small business environment there are more possibilities for the employees to make suggestions in order to incite change. They will often have access to their CEO meaning that they can speak to them directly and share their ideas. In large corporations employees often feel that they do not have the authority to act in this manner.
Working environment – In a small business environment the ambiance tends to be much more relaxed, this means that the average employee suffers much less from stress related illnesses and consequently has fewer days off sick. This can almost certainly be one of the greatest advantages of working for a small business.
These are just some of the main advantages of working both for a large corporation and for a small business. At the end of the day, you have to make the decision reflecting upon your own personal and professional requirements.
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Mark Montoya has been working in personal branding for more than a decade for hundreds of online and offline companies, small businesses and individual service professionals. His focus has been toward improving the way jobseekers find employment on the Internet. He has synthesized his expertise by helping job seekers obtain their ideal choice of employment over the Internet on his sites MyOnlineCareerSpace.com and MyOnlineCareerCoach.com, and through his books 101 Tips Every Job Seeker Should Know and The Ultimate Online Job Search eBook.
“It is the responsibility of the individual to reject the prospect of mediocrity and to strive for the betterment of society as a whole” ~ Mark Montoya