Have you ever considered the size of a company as important when looking for employment? Today, we are giving you the pros and cons of both smaller size businesses and large multinational companies to help you decide which working environment and conditions fits you best.
When it comes to figuring out your career path and the route you want to take, it’s often a good idea to start thinking about what size company is the right fit for you? Finding your dream job is a key part of the job searching process but it's also just as important to find your dream company too! We encourage you to find a company that shares the same values as you and that will help you to achieve your career goals.
There are many differences between working for a smaller or larger size company. It’s important to consider these differences before you begin your job search….
Small companies and startups can be a great route into your industry, a place where you can learn and develop new skills alongside your usual day-to-day tasks and responsibilities. Generally, you get to work in a more flexible environment which is ideal for those of you who are still mapping out your career path within your industry. The working environment is generally more intimate in a smaller company, which allows you to work closely with other team members becoming more aware of each employees roles and responsibilities.
Roles within smaller companies often have a lot less structure and tend to suit individuals who are highly adaptable. Due to the flexibility of a smaller company, it’s common for smaller companies to face a lot of changes within a small amount of time so it’s important that you are someone who adapts well to change. Roles within smaller companies, usually involve more independence and responsibility than larger companies so these roles suit those of you who don’t mind taking on multiple projects at once!
In smaller companies, you can genuinely see and feel the difference that your overall performance has on the rest of the company. This is a great way to build confidence early on in your career, as knowing how much impact your performance has on the company helps you to feel more indispensable!
One of the many benefits of working for a small company is the close, family-like environment. You get to know each member of staff on a more personal level, including managers and directors. This is extremely beneficial for your professional network and enables you to build closer and stronger relationships. People who work for smaller companies and startups are often involved in other projects and companies, which can open the door to other opportunities for you in the future!
All in all, working for a smaller company allows you to gain responsibility and experience in a variety of areas. Is a smaller company for you? It all depends on your preferences as an individual, the level of responsibility that you want and whether you adapt well to change!
Working for a large company is an exciting prospect, especially if it’s a well-known brand. Depending on the brand and its reputation, it can often give instant value to your CV and future career. Recruiters and hiring managers are usually more interested in your experience working for well-established companies and international brands rather than an unknown company name.
There are many benefits of working for a bigger company and it can also be a great way of kickstarting your career. Compared to smaller companies, bigger companies can offer bigger rewards in terms of salary, training programmes, travel and more. Although your work does not get noticed as much as when you work for a smaller company, you get to work with a range of professionals at different levels. In larger companies, you often have access to more resources and potentially a bigger budget for your projects too! There are lots of opportunities to learn new skills through internal and external training, online courses and more.
Working for a larger company allows you to become a specialist in your field through the resources and opportunities that are available. You will often have a more structured job role that remains more or less the same from day-to-day. You get to use more advanced software, more expensive equipment and from working with more professionals, you get to build a wider professional network for the future.
In larger companies, you have more opportunity to travel for work purposes, this involves meeting new people from all over the world and gaining a handful of professional skills from these experiences. This helps you to build confidence and develop a range of hard and soft skills that you can use throughout your career. If you already know which specific field you want to specialise in and how far you want to progress, working for a big company is definitely a good idea!
Remember, not all of these pros and cons will apply to every small or large size company, there will be some exceptions! Before you apply for a job, it’s very important that you research the company and familiarise yourself with as much information as possible; their company size, values, background, history, future growth plans - nowadays, it’s easy to find almost all of this information on LinkedIn, Facebook, Company websites etc.
Check out the following Employee Review sites to gain an honest insight into the working environment of the company you want to work for:
As we mentioned earlier, this is an important part of your job search process. Even if you find the perfect job role, the company you work for needs to be the right fit too! Think about your 5-year plan, what size company would fit this plan the most. If you don't have a plan, it's a good time to start thinking about one because this is a very common interview question!
If you are not looking for a place to settle for years and years but more of a place to apply your skills, build confidence in your career whilst trying out different roles, a smaller size company may be the best option for you! On the other hand, if you are happy where you are located, you know exactly what role you want to settle into and you are looking for a company with clear progression opportunities, a larger size company is for you!
We hope you know better what company you should aim for! Tell us in the comments what you now consider the best option - small or big size company environment? Can you think of more pros and cons to adding up to this list? Give us your suggestions below…
See you in week 4 where we will be focusing on the interview process from A to Z!