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Why Working In A Small Company Kicks Ass

Why Working In A Small Company Kicks Ass

Studies have shown that the happiness of a person in their job starts to decrease dramatically after the firm passes one hundred employees. What is it about small companies that makes us so happy? I can’t tell you the number of entrepreneurs that went to found their own business because life at the big company basically sucked. Opportunities you spent years building up to — gone. Credit for your efforts — nowhere. A feeling of value in the machine — hell no. My personal experience in co-founding Twoodo and knowing many people who made the switch over the years adds substance to the hypothesis.

It used to be that large companies offered security and perks that small companies couldn’t live up to. However, those old stereotypes are disappearing as small companies (past the early stage of development) are stepping up with equal or better contracts.

small-biz-office-culture

    What is a “small company” anyway?

    There’s the micro company (1 – 10 employees) and then the small company (<50 employees) (European Union). In the USA it depends more on the firm turnover. You can take a look at the overview of how every country in the world defines a small company here. Small companies are often lumped in with medium companies and called SMEs (small medium enterprises).

    What are scientists saying about small companies?

    The paper finds that Generations X and Y are seeking equivalent values and satisfaction outcomes from SMEs. It is seeking very caring, environmentally concerned, and sensitive SMEs.Tangible and intangible benefits, empowerment and respect, workplace involvement, concern for employee welfare and supportive management are critical. (City College Thessaloniki, Greece)

    From this study, we can see that there is a shift from “climbing the corporate ladder” to searching for fulfilling and meaningful jobs. This is healthy — there is only so much room at the top in any case. It also means people aiming for jobs that they are happier in, and happier employees mean better quality work and higher proclivity to voluntarily lend a hand in times of crisis or be more flexible. Perhaps lessons handed down from our parents in the 70s, 80s, and 90s have pushed us to find more appropriate jobs, rather than jobs that have a high financial reward.  Or perhaps the expansion of the worldwide middle class has impacted on choosing our careers less out of fear and more out of satisfaction.

    What makes small companies so successful at being great places to work? 

    The secret sauce for a great small company seems to be how it is managed. Logically, it is easier to properly manage a small group of people than a large group. Here’s a table from another study that defined five statements that impacted on employee satisfaction (ref: International Human Resource Management Journal, 2007):

    1) Working here is informal and relaxed.

    2) Working here is like being part of a team/family.

    3) Company success is shared by all employees.

    4) I would leave this company if offered another/similar job.

    5) Employees are treated fairly by management.

    results-study-work-for-small-company

      The conclusions from this show that people generally:

      • don’t want a highly-formalized workplace.
      • have an emotional need to feel like an integral part of the success of the company.
      • need to feel appreciated and close to their work colleagues.
      • react well if they perceive management to treat everyone equally.

      It really boils down to a question you must ask yourself every day: WHY AM I DOING THIS JOB?

      Most of your (fully-functioning) adult life you are going to be at your job. It should be the perfect fit.

      A survey of 200 UK graduates commissioned by Give A Grad A Go found:

      • 91% believed big corporations paid more.
      • 79% felt they provided greater job security.
      • 74% felt they offered better career progression. 

      But they felt that SMEs:

      • encouraged creativity in the workplace (95%).
      • provided greater job satisfaction (82%).
      • encouraged a better work ethic (75%).
      • provide a better work-life balance.

      does-management-notice-me

        Does management notice me?

        Not only will working in a small company give you access to all levels of management, but decisions will be made faster and progression will be more visible. Your part in the operation will be more obvious and therefore more motivating. You won’t be restricted by department or hierarchy. Ideas on the fly can be pitched and discussed without needing to book formal meetings with the boss-man. The inevitable variety of the job will also keep your mind stimulated (and improve your general learning capabilities).

        AND — you get to skip all those corporate networking events :D

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        Last Updated on May 23, 2021

        10 Best Free Job Apps You Need For Effective Job Hunting

        10 Best Free Job Apps You Need For Effective Job Hunting

        Seeking for the right job but not sure how to do it in a more effective way?

        Try job search apps!

        To make the job hunting process easier, I’m recommending 10 best job apps that can help you look for the right match anywhere at any time. The best of all? They’re all free!

        1. jobandtalent

        jobandtalent

          Great for browsing new jobs as you commute home via subway, bus or carpool, the jobandtalent app is like a Pinterest for job seekers.

          Easily browse, save and revisit job postings from your smartphone and receive notifications about jobs that match your professional qualifications.

          Download it for iOS and Android.

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          2. Jobr

          jobr

            This job hunting app is unique in that it lets you anonymously browse job listings based on your professional resume. If a company that you like also shows an interest in you, the app let’s you chat directly with a company rep. Great for getting your foot in the door and making a memorable impression.

            Download it for iOS.

            3. Monster Job Search

            monster job search

              I’m a big fan of Monster. It’s one of the first job sites employers think of when they want to list a new position online. The Monster Job Search app functions pretty similarly to the normal website, so it’s very easy to use for not-so-tech-savvy job hunters.

              Download it for iOS and Android.

              4. Jobs and Career Search

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              job and career search

                This is a good, simple app for browsing global locations for your next job. With a job index of more than 50,000 jobs listed globally, this app is a good choice if you are moving to a new area and want to line a new job up quickly.

                Download it for iOS.

                5. Hyper Networking Groups

                hyper networking groups

                  This job hunting app isn’t so much a job hunting app as it is a connections hunting app. It’s great for learning who’s who in your desired field and forming connections. It also shows you how you and your industry connections are connected via your social networks, so you can follow up with them on your other social sites.

                  Download it for iOS.

                  6. CardDrop

                  CardDrop

                    CardDrop is an awesome job hunting app that let’s you digitally drop and pick up virtual business cards. This app is great for helping you make new connections at seminars, interviews, meetings and conferences. You can also attach social media profiles to the cards you pick up or send to enable easier connecting on social networks.

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                    Download it for Android and iOS.

                    7. Job Interview Questions

                    interview questions both

                      Okay, so this app looks kind of outdated, but it’s super useful for getting you into the swing of answering any kind of interview question that is thrown your way. The big benefit of using this app is that it explains to you what your interviewers motivations might be for asking you a specific kind of question. Learn what your interviewer is looking for in your answers and be more prepared for the real interview when the time comes.

                      Download it for Android.

                      8. 101 Interview Questions and Answers

                      101 both

                        This app is great because it provides guidance about the kinds of answers you should give for each kind of question. Think of it as an essay rubric but for job interview questions.

                        Download it for Android.

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                        9. Job Interview Question-Answer

                        q and a

                          Feeling confident with your text-answered interview questions but concerned about doing the face-to-face interview? This app prepares you for interacting with your interviewer by simulating an employer asking you questions.

                          You can record your response and see what you look like to the interviewer to understand what movements, vocal pauses, etc. you need to work on.

                          Download this app for iOS and Android.

                          10. HireVue

                          hirevue

                            HireVue is a great job hunting app for those times when your interviewer wants to get some preliminary questions out of the way.

                            When an interested employer wants to interview you, they send you a request via HireVue and you can answer it in your free time, when you’re ready. Your interview might consist of a some FaceTime, some multiple choice questions or open-ended text answers and can be completed and sent to the interviewer when you’re finish.

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                            Download it for Android and iOS.

                            Featured photo credit: Yura Fresh via unsplash.com

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