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rootX
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fixed :)
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rootX said:where from my perspective
small company:
1) one where you often require to work more than 50 works per week
2) you might not be receiving many benefits
3) you can work in any department (there might not be any department)
4) you know about all the processes
big company
1) you work is stable/you are member of union
2) you don't require to work for more than 35 hours per week
3) you don't know anything that goes on in other departments
4) you receive many benefits
I wanted to know what you would prefer when considering life, importance of balance, family, age (fresh out of college vs having kids going to college), opportunities, challenges, regulations/policies, freedom.
DaveC426913 said:I'm with GeorginaS, you ask a simple question, but then provide a set of subjective criteria.
Is my answer dependent on your criteria?
Enron, Bear Sterns, Lehman Bros, Merrill-Lynch - all big companies - all crashed big time! Others like AIG, Citibank, BA got 'rescued' by Uncle Sam. GM, Chrysler, . . . .Sorry! said:I'd rather work for a big company. Seems more reliable in my experience... which isn't a whole lot but still :)
Astronuc said:Enron, Bear Sterns, Lehman Bros, Merrill-Lynch - all big companies - all crashed big time! Others like AIG, Citibank, BA got 'rescued' by Uncle Sam. GM, Chrysler, . . . .
Many large companies have laid off large portions of staff - to cut cost.
Ivan Seeking said:
Evo said:
I think you can testify that being self employed requires a lot of ambition, self control, the willingness to do whatever it takes to succeed, which often means long hours, personal sacrifice, in the beginning you may have a sporaidc income. My hat is off to anyone that makes it self-employed, it's a lot of work.
Astronuc said:Enron, Bear Sterns, Lehman Bros, Merrill-Lynch - all big companies - all crashed big time! Others like AIG, Citibank, BA got 'rescued' by Uncle Sam. GM, Chrysler, . . . .
Many large companies have laid off large portions of staff - to cut cost.
It's not just a lot of work - it's a lot of headaches from governmental bureaucracy. When you're starting up a business, it's tough to estimate your income from quarter to quarter, but that's what you have to do when you're self-employed and pay the IRS quarterly based on estimated income. Plus you pay your normal SS contribution plus the contribution previously covered by your employer, so that doubles.Evo said:I think you can testify that being self employed requires a lot of ambition, self control, the willingness to do whatever it takes to succeed, which often means long hours, personal sacrifice, in the beginning you may have a sporaidc income. My hat is off to anyone that makes it self-employed, it's a lot of work.
Evo said:Big companies have better perks, and pay higher wages, in general. On the down side, a big company won't care when they lay you off, at least a small company will be somewhat sad when they lay you off.
Unions are a bad thing, in most cases, but they are only for low level, non-management jobs. Professionals would not be part of a union.rootX said:Yes I agree that big companies pay higher and provide better perks on average. But, I notice that in big companies it is hard to rise and only in rare circumstances your wage would double every year. In case of small companies, you have more opportunities and your wage can go up by many folds.
Also, there are big companies that have either strong unions/are not profit maximizing where kicking you out is very hard (I am working in a company like that and heard from my coworker that you only get fired if you steal/assault).
Evo said:Unions are a bad thing, in most cases, but they are only for low level, non-management jobs. Professionals would not be part of a union.
WhoWee said:I've worked for big and small. As an employee, it's easier to blend in at a large company and stand out in a small company environment.
Now, I have a small company and seem to deal with 3 types of clients. Very large corporations, small operating companies (often owned by holding companies), and small businesses. Overall, it appears that employees at the largest firms are less worried about the economy, with small business owners expressing great concern.
I think everyone needs to find their own comfort level.
WhoWee said:Overall, it appears that employees at the largest firms are less worried about the economy, with small business owners expressing great concern.
rootX said:Yes I agree that big companies pay higher and provide better perks on average. But, I notice that in big companies it is hard to rise and only in rare circumstances your wage would double every year. In case of small companies, you have more opportunities and your wage can go up by many folds
Office_Shredder said:I'm not convinced by this. Many small companies simply don't have enough different opportunities so that you can get your pay doubled. You might be thinking about a start-up company that grows fast, but this is not your ordinary small business
rootX said:That's an unfair comparison. You are putting owners against employees.
Some potential benefits of working for a small company include a more close-knit and collaborative work environment, the opportunity to take on a variety of roles and responsibilities, and the potential for quicker career advancement.
Working for a big company can offer resources and stability, potential for higher salaries and benefits, and the opportunity to work on larger and more complex projects. Additionally, big companies often have established training and development programs for their employees.
The size of a company can greatly impact its culture. Small companies often have a more informal and flexible culture, with a focus on collaboration and innovation. Big companies may have a more structured and hierarchical culture, with a focus on efficiency and established processes.
Some potential drawbacks of working for a small company include limited resources and funding, less job security, and potentially less diverse job opportunities. Additionally, small companies may have a less established brand and may be less well-known in the industry.
The best way to determine which company size is right for you is to research and consider your personal preferences and career goals. Consider factors such as work environment, job responsibilities, potential for growth, and company culture. It may also be helpful to speak with current or former employees of both small and big companies to gain insight into their experiences.