Huge business houses and brand companies have always remained on the top of our career goals. Well, who doesn’t want to associate with the top-notch companies in town? However, are we missing out something substantial if we have not yet managed to pave our way through these companies; what are known as professional status symbols!? Something we need to think about.
Now, if every fresh grad was to aim for these already established companies, perhaps we would not have as many business houses as we have them at present. There had been someone who started these companies from scratch and their efforts have contributed to the growth and success. Therefore, startups are simply but essential today, to have a large-scale business houses tomorrow.
Again, being a part of a small startup company has its own downsides. And not all is good with working in a large corporate either. So, any stereotypical answer in favor of startups or big companies simply doesn’t exist. Each has its own share of pleasures and discontent, and it is up to us on what to count on.
What can a startup offer you?
Being a part of any startup company has loads to give, only when you know what you need to look for. Here are a few experiences startups can bring forth.
An impeccable learning experience:
Young entrepreneurs who are making efforts to take their small establishments through a long-way of prominent industrial presence; fight a tough time at procuring sufficient workforce for the purpose. Therefore, they aim at making optimum utilization of the available manpower. This opens doors for professionals who opt for startups. They have a chance of getting practical hands-on experience in anything, and everything related to the business.
Therefore, working in startups, if you can project yourself as a quick learner and an enthusiast for anything related to the business, reaching milestones in your career growth is an obvious outcome.
An opportunity to enhance your skills of accountability:
In a startup, it is quite obvious that professionals are required to wear multiple hats at a time. You very well know that if you fail to accomplish your tasks, you immediately face the bitter consequences. Perhaps, you take home lower salary for the month or worse, you don’t get paid at all.
Therefore, you have no other option besides acting responsible and being dedicated every single minute of your working day. This skill acquired not only takes you to a greater success level in this current company but also plays a significant role in every phase of your life.
You are made to feel important and prominent:
A work well done is sure to earn you deserving appreciations. Many professionals working with established corporate houses find themselves lost in the crowd. They strive hard to drive appreciations from authorities and end up in vain.
A lack of prominence in the workplace is considered one of the reasons that trigger professionals to take their quitting decisions. However, start ups aim at retaining their workforce and therefore, never fail at appreciating efforts undertaken.
A word worth noting is that if you can remain content with verbal appreciation and a feeling of being an integral part of the company, start ups are the best place to be in.
The many advantages of working with big companies….
All said and done, big companies, despite many of its downsides, offer attractive perks that are simply irresistible. It is because of these that an entry into big corporate business has earned such a high level of priority amongst the workforce.
The CTC – well, there’s lots more:
Established organizations bear half of your personal expenses, and I will tell you how every organization has different employee benefit policies that promise to offer some perks against a set of predefined conditions. Corporate tours at company expense, medical allowances, structured salary and leave formats, bonus policies and so on and so forth.
However, nothing comes for free. You will definitely have to work for these additional benefits and only when you achieve the targets you have an opportunity to enjoy those mentioned above. Unlike startups that see lesser immediate rewards against long and tedious working hours; established companies offer quick rewards for achieving some incredible targets.
An attractive resume to flaunt:
Having the name of an influential employer or a giant organization on your resume is seen as a greater achievement by a few employers if not all. The company’s good name and reputation add value to your career graph taking it to a greater height of success. The work responsibilities are thought to be more complex. You are seen with a greater reliability and skill when you have one of those brand names on your resume.
Established business organizations have a competitive work culture environment. Professionals are grouped in several teams where they work towards common goals. When we are working in teams, we are open to new ideas and work strategies. A transfer of knowledge takes place seamlessly here. Besides, every team has veterans who can share their wide experiences that turn out to be very useful in determining our career path.
A look at the downsides:
Well, you cannot just enjoy the goodies without experiencing the negative side. Both startups and established groups have some cracks that you need to know. This section aims at presenting the not so good side of both.
Startups have a huge risk associated with their business as compared to bigger enterprises. What if the product or service you aim to offer is not used by customers? On the other hand, an established business has a continuous flow of customers and a renowned product or service that does not need publicity from the scratch.
Besides, working in startups requires a huge conviction and optimism that many don’t possess. Fresh ventures face preliminary failures that can break the morale of people who have invested time, money and energy. And even if they kick start their business, it takes a huge time to draw rewards comparable to the efforts it took.
In companies where there are teams that handle projects that are fragmented on a number of modules, you get to do or learn a small part of the total business you are probably working for. Unlike startups, where you get to learn the ins and outs of the entire business; large companies offer you an opportunity to know only a part of it.
Besides, these companies fail to deliver appropriate and timely appreciations to their workers and thereby making employees less interested on the job front.
Well, there can be loads more to add to these above-mentioned factors. A perfect job is a myth, hence professionals need to opt for the one that can drive out maximum job satisfaction. Therefore, choosing between startups and big companies is entirely your call. The information provided in this post may help you to take apt decisions.