Two different company sizes offering the same job position, work experience and equal salary pay. The deciding factor is that one is an internationally recognized enterprise with hundreds of employees and the other is an up-and-rising medium company with a staff of 10 or 20.
Here are highlights of the advantages differences between these two types of companies for you to decide which is the career path you should go to.
Advantages of working for a large corporation
Employee benefits: The time and resources invested in employee training programs cannot be matched anywhere. If you are seeking for a career shift and get on-the-job training, large corporations can be the go-to option. Furthermore, most big companies are able to offer work/travel and relocation to other states or country in contrast to smaller firms which probably do not have multiple office branches.
Employee roles and responsibilities:
Large companies can offer a specialised role which provides an opportunity for employees to explore their career. Providing more defined job responsibilities can fast-track career progress as employees are able to master their tasks in a set of time. For job seekers without a career direction, working in big corporations can provide multiple roles to explore different jobs while maintaining their position within the organisation.
Career advancement:
Employees that desire to be in a senior role will be more willing to value working in a prestigious company. It would be much easier to climb up the ranks with a well structured mentoring program. Less experienced individuals will have the chance to network with senior colleagues in the field.
Flexibility and work-life balance:
Large corporations may have established policies and contract clauses providing employees to work at a certain number of hours from home. They may even require consistent work hours from employees which covers extra hours being paid as overtime. But when it comes to a certain request for flexible hours may not be possible for an arrangement.
Related: Do You Have these X-Factors to Advance Your Career?
Advantages of working for a small or medium corporation
Employee benefits:
A smaller business may not be able to grant substantial bonuses. But it does allow employers to provide their employees to improve their extra fringe benefits to a reasonable reward. Startup workplace culture is generally presented in a relaxed work environment. Where business dress codes is less strict, flexible work hours and any perks that are financially manageable to accommodate the staff lifestyle.
Career advancement:
There is ample opportunity for employees to prove their worth and have their potential realised. Different workload presents a gradual changing pace, develop transferable skills and broaden your skill-set. A smaller workforce will provide individuals with the opportunity to display their abilities and likely to make quick career progression.
Flexibility and work-life balance:
A smaller work environment generally requires their employees to be adaptable. Working relationships between staff brings more return as a small team will naturally work hand-in-hand and establish a thorough understanding of their job. Privately own business will be less tied to policy and precedent which grants more flexibility to remote working.