Why Job Seekers Should Embrace Opportunities in Smaller Companies
With so much focus on big-name corporations and the allure of a steady paycheck, many job seekers overlook the benefits of working for smaller companies. While it's true that large companies offer many advantages, including job security and comprehensive benefits packages, smaller companies can offer unique opportunities for growth, experience, and personal fulfillment.
According to a study conducted by the National Bureau of Economic Research, working in a small company can offer a more direct impact on the organization's bottom line, leading to increased job satisfaction and a stronger sense of purpose. The study revealed that small firms typically have a flatter organizational structure, which allows employees to be more involved in decision-making and witness the direct impact of their work on the company's success. it's important not to overlook the potential of small companies in your job search. Here’s why more job seekers should consider smaller companies in their job search.
One of the primary benefits of working for a smaller company is the opportunity for a more personal and meaningful work experience. In a smaller company, employees are often able to make a greater impact on the success of the organization, as they have more responsibility and ownership over their work. This can lead to a greater sense of job satisfaction and a deeper connection to the work being done. Plus, many smaller companies often offer a more flexible work environment, with the potential for remote work or flexible schedules.
Another benefit of working for a smaller company is the potential for more rapid career advancement. In a smaller company, there may be fewer levels of management, which means that employees have a better chance of being noticed and promoted quickly. Smaller companies also tend to have less bureaucracy and red tape, employees may have more opportunities to take on additional responsibilities and learn new skills.
Smaller companies may also offer unique perks and benefits that are not available at larger organizations. For example, a smaller company may offer more individualized training and professional development opportunities, as well as the chance to work with a tight-knit team of colleagues. Along with that, smaller companies may be more invested in their employees' well-being and work-life balance, and may offer benefits such as flexible time off, wellness programs, or team-building events.
There's a famous quote that sums up the benefits of working for a smaller company: "In a small company, you're not just a cog in the machine, you're part of the machine." This means that in a smaller company, employees are more than just a number or a job title; they are an integral part of the team and the success of the organization. This sense of purpose and belonging can lead to a more fulfilling and rewarding career experience.
Yes, larger companies may offer many advantages, however, there are also many benefits to working for a smaller company as mentioned above. So, if you're on the job hunt, don't overlook the potential of smaller companies in your search!
Need help finding your right fit? We at ITEOM can help you do just that.
Subscribe on LinkedIn- to apply or subscribe to our monthly newsletter - for more insight into the world of opportunity for companies and candidates alike. ‌ Source: Groysberg, B., & Abrahams, R. (2017). Why People Thrive in Small Companies. Harvard Business Review. https://hbr.org/2017/05/why-people-thrive-in-small-companies Source: Society for Human Resource Management. (2018). Employee Job Satisfaction and Engagement: The Doors of Opportunity Are Open. https://www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/Documents/2018-Employee-Job-Satisfaction-and-Engagement-The-Doors-of-Opportunity-Are-Open.pdf Source: Oreopoulos, P., & Petronijevic, U. (2013). Making sense of differences in employment rates between small and large firms. National Bureau of Economic Research. https://www.nber.org/system/files/working_papers/w19573/w19573.pdf