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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).

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    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.

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    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.

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    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:

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      • 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 September 20, 2018

        How to Be Happy at Work and Find Fulfillment in Your Career

        How to Be Happy at Work and Find Fulfillment in Your Career

        If you’re going to spend 1/3 of our life at work, you should enjoy it, right?

        Trust me, I know that’s easier said than done. Difficult coworkers, less-than-desirable tasks, or even just being in the wrong position can all lead to a lack of enjoyment and fulfillment in your work.

        But what if I told you it doesn’t have to be this way? Or better yet, if you struggle with all of the above (and then some), what if I told you that enjoying your work and finding fulfillment regardless of those obstacles is possible?

        Don’t believe me? I don’t blame you because I was there too. Before implementing the tips below, I struggled to get through each day, much less find real fulfillment, in the office. Now, even after the toughest days on the job, I still come away with feelings of pride, accomplishment, and fulfillment. The best news is, so can you.

        If you’re ready to make those hours count and find happiness and fulfillment in the office, then read on to find out how to be happy at work and find fulfillment in your career:

        1. Discover the root(s) of the problem

        For this first step, we’ll need to think back to 8th-grade physics (humor me). We all know Newton’s 3rd law, “for every action, there is an equal and opposite reaction.” When you think about it, the same can be said outside of physics, and we see this law play out in our daily lives, day after day.

        Simply put, all the issues we deal with in the office (and life in general) affect us in a noticeable way.

        If you’re appreciated at work, like the work you do and receive frequent praise, promotions, or raises, then this will probably have an altogether positive effect on your life in the office.

        But what if we reverse this? What if you feel under appreciated, get passed up for promotions, or get denied raises? This is sure to affect the way you feel at work on a negative level.

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        So, before you can implement the steps of feeling happy and fulfilled at work, we first have to discover the reasons why you don’t feel that way already.

        Think about it, write a list, or make a mental note. Run through all the reasons you’re dissatisfied in the office, and don’t hold back. Knowing the exact obstacles you’re facing will make overcoming them that much easier.

        In fact, as a side-challenge to this article, I recommend picking the top three reasons contributing to your dissatisfaction at work and using the following tips to tackle them.

        2. Practice gratitude for an instant uplift

        Did you know the simple act of feeling grateful can increase your happiness and make you more fulfilled at work?[1]

        Well, it’s true, and it’s scientifically proven.

        Dr. Lisa Firestone notes that practicing gratitude “reminds us of what we lacked in the past.” Meaning, it serves as both a boost to happiness and a bit of a wake-up call that things have been or could be, much worse.

        Trying to conjure up feelings of gratitude can seem almost impossible when your work situation seems bleak, but hear me out: There are incredibly easy ways to get started and it doesn’t involve trying to “force” yourself to feel grateful about things that stress you out.

        For an instant pick-me-up, try this:

        Find a loose piece of paper, a blank sticky note, or anything you can write on, be it physical or digital. List just three things that you are absolutely without-a-doubt thankful for in your life.

        Now here’s the trick: Don’t just list what you’re grateful for, you have to list why you’re grateful for them, too.

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        For example, simply saying “I’m grateful for my kids” will probably make you feel good, sure, but what if we could amplify the warm, fuzzy feeling into real, lasting motivation?

        Instead, write the reason you’re so thankful for your children. Is it because they make you laugh and forget about other stressors? Or maybe they help to remind you of why you go to work every day in the first place?

        Whatever your reasons may be, jot them down and keep your list somewhere you can see it while you work. A quick glance at your gratitude list throughout the day can provide powerful, positive motivation to keep going.

        Bonus:

        If you can find just three things to be thankful for that specifically relate to your job, and list why those things make you grateful, your list can also help you find fulfillment in your work itself which can give you an even bigger boost of positivity throughout the day.

        3. Take meaningful time for yourself

        We all know creating a strong work-life balance can be crucial to feeling satisfied in our jobs, but rarely do we ever address how we’re spending our time outside of work.

        Many of us survive a 9-hour work day and commute home only to find ourselves busy with our personal to-do lists, running a household, and taking care of a child (or 2 or 3, and so on).

        If you spend all your time working, whether in the office or within your household, you’re going to feel drained at some point. This is why setting meaningful time for yourself every day is highly important.

        Look, I get it: I don’t know anyone in the working world who can shun all responsibility for a 3-movie marathon or happy hour with friends whenever they feel like it. But finding time for yourself, be it just 30 minutes to an hour, can really make a difference in how you feel at work.

        This works because you’ll have time to actually relax and let the day’s stress melt away while you enjoy something just for you. The to-do lists and stressors will still be there after you’re refreshed and ready to tackle them.

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        No time for me-time? Try this:

        If you have a busy household, you’ll need to capitalize on a block of time you know will be completely uninterrupted. The easiest way to do this: try waking up 30 minutes to an hour earlier than usual (or push bedtime back an hour if you’re a night owl, like me) and take time to do something you enjoy.

        This could be reading with a cup of tea, catching up on Facebook, spending time on a passion project—anything! As long as it’s meaningful to you, it works!

        Bonus:

        Starting your day with meaningful time for yourself can set you up to have a positive mood that lasts well into office hours, and having your me-time in the evening can give you something positive to look forward to during the day.

        4. Get productive and feel accomplished

        Don’t you just love the feeling of checking the last item off of a hefty to-do list? That’s because self-motivation can be a huge driver of positivity and success.

        When we accomplish something, no matter how small, it makes us feel good, plain and simple. Applying this tactic to your daily work can be the motivator you need to find fulfillment during the daily office grind.

        While there are tons of steps to get more done at work, I’ll share my personal favorite: Prioritizing.

        Now, many people handle prioritizing differently. Some like to tackle the little tasks first so they can spend focused time on the big to-dos. Others like to knock out the big items first and get to the smaller ones when they can.

        No matter which camp you’re in, you may be missing one crucial step: Time management.

        So how’s this work? When you factor in the amount of time your priorities will take, it can transform your productivity ten-fold.

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        Say you have three top priorities for the day. You might jump into the smaller ones or the bigger ones depending on your preferred method, and then find yourself out of time and bringing work home with you at the end of the day.

        This is prevented when you factor in time. Knowing how long each item will take, or deliberately setting specific blocks of time for your priorities can help you accomplish more in the same 8-9 (or 12) hours that you typically spend at work.

        Try this:

        Take a look at your priorities and consider how long they should take. Pop into your Google calendar (or Filofax, whatever works for you) and schedule time to work on your priority items around any important meetings or events of the day.

        The most important thing to remember is to stick to your dedicated time.

        Often, when we know exactly how long we have to work on something (and honor this time limit), we’re motivated to get more done on time to avoid taking work home at the end of the day.

        The bottom line

        There’s no need to waste 1/3 of our lives feeling unsatisfied at work. Luckily, you now have the tools to get started, take back your time, and become happy and fulfilled at work again.

        The only question is — which tip will you try first?

        Featured photo credit: Ellyot via unsplash.com

        Reference

        [1]Psychology Today: The Healing Power of Gratitude

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