In the past, most people worked for small businesses, while more people now work for large businesses.
What are the advantages and disadvantages of working for large businesses?
Over the past few decades, the preference of people about the place of work has shifted from small to large companies. This essay will explore the benefits and drawbacks of working for large organizations.
On the one hand, there are a number of advantages associated with employment in large businesses. One of them is the chance to earn more money. Large organizations, such as Google, Amazon, Walmart and Adidas among others, have substantial sales turnover, meaning they can afford generous rewards, salaries and bonuses. Another positive is the possibility of moving up the career ladder more quickly. Provided that an employee is diligent, qualified, and goal-oriented, they can expect decent career growth in such corporations. Both of these are in stark contrast with small-scale businesses, where employees are less likely to be promoted or properly compensated.
We shouldn't, however, overlook the negatives of working for large enterprises. Perhaps the main problem of this trend is inherent bureaucracy that exists in many large-scale businesses. For instance, it may take a couple of weeks for a suggestion made by an employee at the lowest level of organization's hierarchy to reach executives due to all the paper work involved. While this generalization may not hold true for some major businesses, for the majority it is the case. Aside from this, large corporations tend to enforce more stringent employment rules. Although it may be forgivable to run late for 15-20 minutes and permissible to ask for a day off for a family trip in small businesses, these behaviors may halt the entire process in the latter type of organization.
In conclusion, while the benefits of working for large companies range from better employee remuneration to greater chances for promotion, the demerits of it are likely to include bureaucracy and stricter employment policies.
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