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Benefits Of Working For A Start-Up vs. Benefits Of Working For An Enterprise

When you're looking for a job, you should consider the type of environment and company culture that you prefer. There is certainly a difference between working at a start-up and working at a large organization. Up to debate, but working at a big name isn’t everything, there are advantages of working at both.

Before deciding, weigh out the advantages of both.

Start-ups have few attributes that they all share. This includes:

  • intending to grow exponentially using a scalable model.

  • being limited by geography.

  • having an independent, forward-thinking culture.

  • Being founded less than five years ago.

  • Having less than 80 employees.

Here are some advantages of working at a start-up:

1. Career growth

When you take a job with a start-up company, you are aware that the business plans to expand rapidly. This expansion may alter companies’ needs so different opportunities for you to transition quickly into higher-level roles. The titles you carry from your start-up position can enhance your resume and stand out to future employers.

2. More recognition

Working at a small start-up company, it’s likely that the team won’t be too big and so, it can alter your relationship with your leaders. You’d be 1 in 15, rather than 1 in 100. Your impact on the team and company will be more visible and more recognised.

3. Diversity of responsibilities

It’s bound to happen that working with a start-up will provide you with a broad range of responsibilities. You can take part in projects that you might miss out on in a more traditional job. This will provide you with more transferable skills.

4. New ways of doing things

With a start-up, the leader is learning along the way how to handle things and is therefore more bound to flexibility. At an established company, you most likely have a set of policies and procedures set for a given scenario. At a start-up company, these policies and procedures are set as you go along.

5. Opportunities to offer valuable feedback

The information and feedback you provide to your team will be valuable in the growth of the company. Being able to have an input in the company will make you feel more motivated and determined, since you know your presence matters in the growth and success.

6. Stock option

A start-up may offer their employees stock options since the people are a big part of building the business, and they deserve the recognition for their hard work that was put into the foundation.

On the other hand, large companies tend to have opposite attributes to start-ups. This includes:

  • Usually being located internationally.

  • Have highly specialized departments.

  • They are not usually run by their owners directly.

  • Usually founded more than five years ago.

  • Having more than 80 employees.

The advantages of working with a large company are:

1. You will become part of a big community

In a big company, you’re going to come across many people in the organization, but also many people within departments. This will help you build your network easily.

2. Available Opportunities

Large companies can provide you a lot of opportunities, “rotation” programs being one of them. As an employee you can be given the opportunity to work in various departments, typically for 2-3 years and then decide to pick the path.

3. Formal processes and support

Large companies have a full-time HR staff whose job is to support hiring, onboarding, benefits, and resolve conflict and complaints etc. If you need an issue to be resolved there is a whole department that can give you a definitive answer.

4. Investment in research and development (R&D), and new initiatives.

Unlike small companies that may be more strict with their budget, larger companies have a high budget that they can spend on research, development and new initiatives. With a larger company, there may be less hesitancy.

What are your thoughts? Let us know in the comment section below⬇


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