If you’re completing job applications and sending out resumes, you might have your heart set on working for a large company. There are definitely perks to working for a big business, such as the potential for a higher salary, an attractive benefits package, and the chance to advance within the organization. But at the same time, you shouldn’t overlook the benefits of working for a smaller company.
You might not be able to command a higher salary if you accept employment with a small company, but what you gain in return could possibly compensate for less pay.
Here is a list of the top five benefits of working for a small company.
Large corporations can usually afford to post job ads on several job boards across multiple cities. Small business owners, on the other hand, may only post job openings on their company’s website and perhaps the local newspaper. Therefore, applying for a job with a small company could mean less competition. And the less people interested in the position, the easier it is to get your foot in the door.
Ability to Develop Personal Relationships
If you work for a large organization, the owner of the company or the CEO might work on a floor that you can’t access, or perhaps an office in another state. But in a smaller organization, the CEO might be in the office next to you.
This can work to your advantage if you’re looking to grow within an organization. If the head honcho observes your high-level of professionalism and excellent performance, he or she might recommend you for future positions, helping you get to the top faster.
Fewer Work Hours
Large corporations might pay more, but they’re also more demanding of your time. For this matter, it’s not unusual for those employed by a large corporation to work 50 or 60 hours a week.
This might not work for your lifestyle, especially if you have other personal obligations and a family. If you work for a small business, you’re more likely to work a traditional 40-hour week.
Ability to Stay in One Place
If you work for a corporation that has offices across the state, country or world, there’s always a chance that you’ll be transferred to a new location.
Some employees don’t mind a transfer since it’s a fun way to experience a new city and different people. But if you prefer the comforts of home, and would rather stay in one place, working for a smaller corporation might be a better fit professionally. In all likelihood, a small company will only have a single location.
Opportunity to Grow Your Skills
Large corporations typically have people in place for every single sector. Therefore, if you’re employed by a large corporation, you’ll probably only be responsible for one particular job. This isn’t always the case when you work for a small company – which isn’t necessarily a bad thing.
For example, if you’re hired by a small company to work as an executive assistant, your daily workload may include the typical administrative work. However, your boss might ask you to help in other departments, such as humans resources or accounting; or he or she might ask you to provide content for the company’s website or handle the social media side of the business
These assignments might not fit your typical job description. Yet, each new task you accept and master expands your knowledge and skill set. You become an asset to your present employer, plus your new abilities and expertise builds your resume, which can work to your advantage when you’re ready to look for new employment.
So, while you may wish to get your foot in the door with a large corporation, working for a small company might provide everything you’re looking for and more.