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Large Vs. Small Companies
Is a Small Company Right For You?
Life in a small organization can be very different from life in a large organization. Weigh the advantages and disadvantages of each and make an informed decision about which environment is most appropriate for you.
Advantages of a small company
- You may be given more responsibility and may not be as limited by a “job description.”
- You may be allowed to use your own initiative, rather than be closely supervised.
- Your ideas and suggestions may be given more attention.
- Career advancement may be rapid in a growing company.
- You are likely to be involved in the whole organization, not limited to one area.
- The environment may be more informal and friendly and there may be fewer rules and policies.
- You may have the chance to be involved in the growth of something great.
Disadvantages of a small company
- Many small businesses fail; you may have less job security.
- There may be lower starting salaries and fewer benefits.
- You may put in longer hours.
- A dominant leader can control the entire organization.
- You must be able to work with everyone within the organization.
- Both your successes and failures may be more visible.
- You may have fewer resources and support.
Are You Right For a Small Company?
Because of the different nature of a small business, different qualities in employees may be needed. You will do well if you are:
- Self motivated
- A generalist with many different skills
- A good communicator
- A quick learner
- Able to get things done on your own
Differences in Hiring Practices
Getting an internship or job in a small company may require more work on your part. When approaching a small company, you may find the following differences in hiring practices:
|Large Company||Small Company|
|Centralized personnel department||No personnel department|
|Recruiters may conduct interviews||Founder/owner may conduct interviews|
|Recruiters may seek out potential employees||No full-time recruiters|
|May keep resumes on file for a year||May not keep resumes|
|Standardized hiring procedure||No standard hiring procedure|
|Predetermined job categories||Jobs emerge as needs do|
|Have long-term personnel forecasts||Hire as needs arise|
|Company literature easily available||No printed literature|
|Website with extensive information and functionality||Limited web presence|
|Online application||No online application|
|Hire months in advance||Hires to start immediately|
|Extensive training program||On-the-job training|