If you work as an employee, do you work for a large company or for a small company? If you have worked for both types, which do you prefer?
Speaking of looking for a new job for better pay, a former colleague just told me an opportunity at the company he’s working now. Because he knows I do a good job, he invited me to interview for it.
That company is a small company, with fewer than 50 employees. My current employer is a large company, with more than 10,000 employees.
I worked for small companies before. My two previous employers both had fewer than 20 employees. With fewer people in the organization, there is less bureaucracy. Things get done fast. Employees have more input to the business. You are not pigeonholed into a defined role. If there’s a need to do something and you are up for it, you can just do it.
At my previous employer, I showed the owner how he was fleeced by his insurance agent "financial advisor" in our 401k plan (the owner had the largest balance in the plan). I found him a new 401k provider. When we switched, everybody was happy. To do that at my current company? They have dedicated teams and outside consultants. There is no chance they will listen to me. I don’t even bother.
Because by necessity I had to take on multiple roles as an employee at a small company, it made me more versatile. I think I perform well at my current position at a large company because of my past experience at smaller companies.
However, life as an employee at a large company is much more comfortable. You do your more narrowly-defined job and let others worry about other things. Pay and benefits are much better. Bosses from CEO down are spending shareholders’ money. Saving money isn’t going to add it to their own pocket.
There are many internal job opportunities at large companies. Many of these jobs aren’t advertised. If you are tired of working in one team, just move to another. At the same time, for someone outside the company, it’s much harder to get in.
Should I jump at this opportunity? It’s going to be a difficult decision. I think I will like the work better but I won’t be compensated as well as I am now when I take into consideration of everything: salary, benefits, work hours, and job security. Follow the heart or the pocket book?