As an employee, you do need to decide what type of business you’d like to work for. Some people are more attracted to small, local businesses, while others are drawn to major corporations.
The truth, of course, is that there are pros and cons to both. Let’s examine why you may want to choose one or the other.
A large corporation
Large corporations are often slighted for not caring about their employees, so you may quickly lose your job if there is downsizing, a merger or some other type of business transaction. It may be a rather impersonal workplace where you are just seen as one cog in the machine.
That said, large corporations often have more resources. They offer better perks and higher wages. This could also be a more stable job because an international corporation isn’t going to suddenly fail overnight.
A small business
The work environment at a small business may be much different. If there’s only a small team, the owner may know everyone personally and actually care about the employees. You are a valued employee and the business is not purely focused on maximizing profits.
The downside, though, is that the business may not have nearly as many resources, so you may get lower wages and lose out on other benefits, like retirement plans. Additionally, small businesses do sometimes fail, so you could lose your employment if the business goes under. This makes it a less stable stage in your career.
These are just a few things to consider when you decide how you want to progress in your career. Be sure you understand all of your rights as an employee.