Connecting...

multinational

Multinational vs SME – When Choosing Your Next Position

multinational

You have reached a crossroads in your career, you are looking for a change, but you are unsure as to whether you should make your next move into a large or small organisation. Here are a few pros and cons, regardless of your area of expertise that may help you decide, depending on your mind-set and how you as an individual want to grow professionally.

 

Large Multinationals

Pros

  • Well recognised brands are known worldwide and will add an impressive badge to your CV that will inevitably open other doors down the line.
  • They provide strong career prospects and a definite career path.
  • International opportunities to join other departments and most companies are keen to encourage their talent to work in other sites abroad. Firstly you can upskill and grow within that organisation, and secondly for those with the travel bug to “scratch that itch” without losing them from the organisation.
  • Remuneration and benefits tend to be better within multinationals, because they have economies of scale and therefore deeper pockets.

 

Cons

  • As this is a huge machine everyone has to have a highly defined role for it all to work. Sometimes you can get pigeon holed into one area which in turn can, for some people, lead to boredom. The pace is fast, the quantities are high, but as you get better and faster in your role, you can feel like you are on an assembly line. High Volume X Specified Task = under challenged drone.
  • It can sometimes feel like forever before something gets done. While policies, procedures, controls etc. have their place of importance within a large company, this can sometimes be their downfall. Red tape and sign offs can hugely delay processes, which in turn, can hugely frustrate employees, particularly those with high ambitions.
  • You can often feel like you are just a number and not a valued employee who is making a genuine difference.

 

 

Small to Medium Sized Enterprises (SMEs)

Pros

  • No two days are the same. As is the nature of the SMEs, you will work as part of a small team and this breed’s variety. It’s an “all hands on deck” environment where one minute you are signing off on the annual statutory accounts and the next you are recruiting for a part time receptionist. This, in turn, can lead to excellent experience that you would never get in a Multinational, granted, on a much smaller scale.
  • Decisions can be made quickly. If you need something done or you have an idea to implement then a 2 minute conversation with the General Manager can make it happen. Politics plays a very small role within SMEs and sometimes it can be fly by the seat of your pants.
  • You feel like you are making a difference and often feel more appreciated as you are a big cog in a small engine.

 

Cons

  • Career prospects are capped and you sometimes have to wait for someone to leave or retire in order to move up the ladder.
  • Pockets are shallower within the SMEs and they always want to get the best bang for their buck, salaries and packages are no different – with them tending to be lower.
  • Small businesses can rely heavily on 1 or 2 big customers or suppliers and so, if they lose a big customer, this can be devastating to a business which in turn leads to cuts which in turn adds more risk to your position within the company.

 

There are many pros and cons to both the larger and smaller companies and this is just a flavour. Individuals have their own take depending on their own experiences and what makes them tick.

In general, and there are many exceptions to this, if you are ambitious and money motivated then multinational companies are a strong option for you, but if you are more interested in making a difference, want to feel part of a company’s success and variety drives you, then SMEs are an excellent option.

However, if you are starting off in your career with no experience of either, or if you are purely torn as to where to go, then why not try both, but remember, it is a lot easier to get into a small company from working in a large company than it is to get from a small company into a large one.

 

Posted by Recruitment Consultant, Sigmar on 30 November 2017

Related Content

W1siziisijiwmtgvmtivmtkvmtqvmzuvndcvntyveg1hcybibg9nltewmc5qcgcixsxbinailcj0ahvtyiisijqwmhgynjajil1d

Six Benefits of Working Over the Christmas Period

Six Benefits of Working Over the Christmas Period

No annual leave left? Or maybe the high demand in work has meant you’ve been requested to come in? Don’t worry, whatever the reason there are some benefits to working over the Christmas period.   Getting Ahead of Work The best part of being one of the few people working this time of year is that you will have the peace and quiet you need to get things done. Catch up on work and get a head start on work for the new year. With the phone not ringing constantly and emails not flooding your inbox, it’s an opportunity to get some headspace to really get ahead of your workload.   Getting a Seat on Public Transport For anyone who commutes to work this will really feel like a Christmas miracle. Having your own seat and maybe even a seat for your coat and bag is a really nice perk to working this time of year.   Avoid Unappealing Christmas Parties This time of year brings a lot of nights out and they’re not always nights out you’re in favour of. Working gives you the perfect excuse to turn down any unwanted invitations for a Christmas session. Although, if you do want to go, working shouldn’t stop you. Just pace yourself and be sure to stay hydrated and get enough sleep.   Christmas Organised If you’re working over Christmas chances are you’ve known about it for a couple weeks or even months, so you’ll be organised well in advance. It’s a great feeling coming up to Christmas knowing you won’t be part of the mad Christmas Eve rush to buy last minute presents.   Being Recognised as a Team Player Maybe you were asked to work over Christmas because of workload or because of staff demand. Accepting you have to work and coming in with a smile, will go a long way with your supervisors and colleagues.   It might be fun! It’s Christmas and everything this time of year is joyful! Take the time to treat yourself and indulge. Get that Christmas latte or treat yourself to a fancy lunch or a delivery to the office.   Whether you will be working or not, Sigmar Recruitment would like to take this opportunity to wish you a happy Christmas and every success in 2020.

W1siziisijiwmjavmtevmdivmtmvmtavmtgvntu1l3nodxr0zxjzdg9ja18xnte3nzuwndaylmpwzyjdlfsiccisinrodw1iiiwindawedi2mcmixv0

Improve your chance of finding a job during COVID-19

Improve your chance of finding a job during COVID-19

Taken from : How to land a job during COVID-19 by Michael Malone (Galway Daily) ​With Level 5 set to last for around four more weeks and uncertainty about what restrictions will be in place in the coming months, those in search of a new job may feel they are facing an uphill battle.  But for those on the job hunt during the pandemic, it is important not to give up. That’s according to Sarah Hayes of Sigmar Recruitment, who says that there are a number of things people can do to improve their likelihood of finding a job.  ​ “Look at what is in your span of control and be proactive,” says Sarah. “The labour market has turned on its head since March and is constantly changing with government restrictions being implemented.  “But it’s important not to give up as there are companies still hiring.”   Top 6 tips to improve your chance of finding a job during COVID-19 1. Analyse the market Where are the jobs right now? Well, there are certain sectors that have been decimated by the pandemic, but others are still going strong. For example, DPD have just announced that they are expanding their operations and will create 700 jobs before the end of the year. Sigmar is hiring most across Manufacturing & Engineering, Technology & IT, Construction, E-Commerce, Customer Service, Health & Safety and Supply Chain & Logistics. The Lifesciences/ Pharmaceutical sector is busier than ever right now, with resumed elective surgeries, vaccine development, diagnostic testing and respiratory device production. Many companies are looking for multilingual speakers, for whom there is a great demand. So if you speak more than just English, there are opportunities out there. Familiarise yourself with who is hiring – keep an eye on the news, set up job alerts on the jobs boards, follow companies on LinkedIn, identify a recruitment consultant that recruits in your area and ask them to keep you updated on the market.     2. Market yourself Your cover letter, CV and your LinkedIn profile are your primary tools to market yourself. Prepare your CV, spend time on it and ask a recruitment consultant to help you to get it right (they will do this free of charge). Your CV and cover letter should always be tailored for the role you are applying for. Look at the job spec and mirror it back in your CV. It is also extremely important to keep your LinkedIn profile up to date. Make sure you have a profile picture, create a compelling summary, add your projects, populate the skills section, and remember when recruiters and even bots are searching for profiles they search for keywords and buzzwords. If you don’t have these, then your profile might be missed. Change your status to ‘Open to new opportunities’ and get active on LinkedIn – don’t just sit back and wait for someone to contact you! Connect with hiring managers and HR professionals in the companies you want to work for, send them your CV directly and ask them whether they are hiring. You should also follow the company pages so that new job announcements will show up in your news feed, in case you miss your dream job!   3. Network online Joining groups and forums relevant to the job you are looking for and skills that you have can be a great way to build connections and relationships with people who have similar profiles. Networking can be a great way of finding a job – some experts say that over 70% of jobs are found by networking. So as well as keeping an eye on the best recruitment websites, get networking and boost your chances of finding that dream job!   4. Upskill It’s a great time to identify gaps in your skillset and upskill – look at jobs being advertised online and see if you can identify any particular skills/qualifications that you are missing that might help with securing that job in the future. In lockdown, many people are finding themselves with much more free time than before – so what better time to look for online courses to close those gaps in your knowledge, learn a new skill set or even a new language. There are countless apps and online courses out there – so find out where you’re lacking and get learning!   5. Open up your search Perhaps one of the more positive things to come out of the pandemic is that people are becoming less tied to one location, as companies are learning that working from home is not only possible, but also beneficial for many people. There are a lot of remote working positions out there now, so don’t just limit yourself to searching for a position in your direct locality. Open up your search and keep an eye on jobs advertised in different locations but can be worked from home.   6. Step out of your comfort zone To stand out from the crowd, you may have to be creative. With Covid-19, there has been a shift towards video interviewing but Sigmar is also seeing an increase in video applications. Get yourself in front of a camera and talk through your CV and reasons for applying for a particular position (remember, like in your CV, to tailor your answers depending on the job!). You can send this video along with your CV, or directly to a hiring manager through LinkedIn. When it comes to interviews – most are taking place virtually. Therefore it is important to ensure you are prepared – make sure you have been sent the link in advance! It is also important to check that you have a good internet connection, that your camera is working and positioned appropriately, your background is professional, you are dressed appropriately. Look directly at the camera to make eye contact, and let them know that you’re the ideal candidate. If you do all of this, you give yourself every chance of landing a new job, even in the most unusual of times.