While working for a start-up or a smaller company might be seen as sexy by lots of people in the workforce, there are some distinct advantages of getting a job at a larger firm. These aren’t always obvious when you’re new to the job market, but after many years of experience, you often see that big corporations offer benefits smaller companies simply can’t. While they might have a larger bureaucracy and proceed at a slower pace, they also have other benefits. Let’s explore them below.
Massive scale that teaches how businesses really work
The first thing you’ll learn when you join a large corporation is how businesses really work. Companies have to manage complex processes across teams and geographies, so getting everything to line up can be difficult. However, once you begin to delve into the details, you learn everything there is to know about each sector in the company, including legal, marketing, operations, finance, and so on. Breaking the company into these segments gives you big picture thinking that provides ideas for your own entrepreneurial projects. You also become well acquainted with systems thinking. You have to see how all of the different moving parts fit together into a cohesive whole.
More job opportunities
There’s also the fact that there’s more job opportunities at larger companies as sites like Jobflexy.com make clear. Most startups don’t actually advertise for specific roles, usually they’re looking for more generalist Generalists who can perform multiple tasks across an entire domain like marketing. But if you’re looking for something specific like data scientist or product technician, then larger companies are your ideal employer, they’re able to train you in these skills and provide you with experience.
What’s more, many offer ongoing education. A lot of companies offer formal qualifications at the end, which adds to your resume and allows you to grow your skills without having to pay out of pocket. This is not always the case at smaller companies that will require you to pay something, usually from your wages.
Internal mobility
Imagine if you don’t want to constantly keep jumping from one company to the next to find better opportunities. That’s a luxury that you don’t get at start-ups and small firms. Often their management structures are already crystallised into place.
But with the larger companies you have more internal mobility. You can move from department to department and you can also go up and down the hierarchy if that’s something that interests you. You also have more options to apply for different types of roles internally. This allows you to take on various responsibilities so that your job never feels stale.
Stronger job security in tough times
Finally, large corporate jobs give you more job security during tough times, while smaller companies are often willing to lay people off to save money, according to www.nbcnews.com. Larger firms usually have better balance sheets, so they don’t have to make people redundant immediately. When layoffs do happen, they’re often more predictable and come with nice severance packages.
