If your job search campaign is on, you need to have many qualities and skills relevant to your job. And in addition to that, you should also have a large number of employers where you can submit a job application. It has been seen the wider is your network and the number of employers where you have submitted your resume; the chances of getting a job will be high. Let us get to know all about working for a small company.
In this way you will get more interview calls and then finally you will succeed in getting a desirable job for yourself. In case if you are the first-time job seeker, you will not shy away from also applying in a smaller company or organization.
In this article, we will see the pros and cons of working for a smaller company or organizations.
Having Job In small Company Instead Of Bigger Organization
It has been found that most of the job applicant always desire to work with the larger organizations and always tend to ignore the small firm or companies. But at the same time, it is an excellent idea to focus on the small companies so that eventually you will get hired in the bigger companies or organizations.
As the smaller firms or companies, provide the figure presented by the US Small Business Administrations, about ninety-nine percent of the employment. These smalls companies and organizations use to pay more than fifty percent of the employees working in the private sectors.
These small companies are paying about forty-four percent of total payroll to their employees. And the job generation rate is more than seventy percent of the fresher or first-time job applicants in a year. And these are the very positive and significant figures and when you are starting to search for a job you should always consider the small firms of companies as per your skills and desire.
It is also seen that smaller companies or business is always devised the plans for themselves on the road to development and there is much-needed room in the small companies to grow. These companies will always focus on the growth and development regardless of what is the current economic situations, and in this way, it is providing opportunities for its employees or workers to grow with them.
The additional advantage of working with the small company or firm is that there are limited numbers of employees and employees so if you perform considerably well there is always a chance for you to get to the higher position at the fast rate. And when you want to apply for the larger organization or company you have much-needed experience and skills.
Advantages & Disadvantages of Working With The Small Companies
There are always some benefits and disadvantages when you work with smaller companies or firms. Most of the time the work profile in the small company is less demanding and less specialized when comparing it with the bigger organizations. And in large enterprises or organizations there is always a possibility that you have to be the multitasking and have to perform the many different tasks, and eventually, it will make you more efficient and skillful.
While working in the smaller companies won't let you interact with a large number of people, and you must be having very less role or must be confined in your workspace. But the advantage of this is that it is always easy to recognize the work of the employees or workers in the smaller firms or companies as they are having less number of employees. So whatever good and efficient work you are doing for your company, is easily recognized which can open the doors for you to advance in the small company.
It may also be possible that you can be given multiple work responsibilities and this will be the added advantage to you while working with the small company or firm. In addition to that, you may be provided with the flexible work timings or even you can have the job sharing.
In case you opt to work for the smaller company or firm you can eventually develop your chances to get hired with the bigger organization or company in the same field of your expertise.
But with all those advantages these small companies have some disadvantages too; as you have fewer formal training events and you won't get to enjoy the larger benefits packages. Also, there is very less possibility that you can relocate yourself to another department of these companies or firms.
In addition to that, you should consider while working in the smaller companies is that the failure rate is very high in comparison with the bigger organizations and this will affect your individual growth or promotion.
Moreover, you can also have the less job stability as larger companies provide to their employees and workers. In case you are comfortable working with the smaller firms and companies then you can always develop your career working with them. After all, it is all about personal choice and suitability.
Ways To Find The Small Companies
You must be wondering to know the ways to locate these small companies and firms. You can always start your search for employment in these companies with the help of a list provided by 'INC 5000 List'. You can get to view the list on the internet. It may happen that when the list is being submitted, these companies may have changed a lot so you should also have your research and study to find the right information about these companies.
You can always refer Vault.com to get the list of these small companies, and you can also search the company by its name, the amount of revenue generated and the number of employees it is having. You can also go through the various message boards where you get to know the inside functioning g of these companies.
Additionally, you can also locate these small emerging enterprises or firms in the section - commerce & business, in your local newspaper. All the information regarding the small & emerging companies is often published in the daily local newspapers.
When you are out there for your job hunt, you should always broaden your horizon. It does not matter whether you are working in the small company or the more prominent organization as far as your skill and area of expertise is being explored and at the same time, you are improving yourself as a professional while being in the job.