When you’re just starting out in your career you have to make the right choice. Besides a good salary and benefits, you will want to look at job security and a work-life balance. Career growth within your company and management styles can affect this decision as well. Young people nowadays tend to have different priorities. They also look at company culture, advancement potential, and personal growth.
This is why most professionals nowadays are opting to work at startups. People who want to make a career change can find this concept a bit foreign. Others stand by the idea of a more freeing work environment.
Here are some pros and cons of working in new businesses instead of big companies.
Constant Change in Environment
Established companies tend to have well-defined processes and measures that are part of daily routine. They also have hundreds of employees who go through the same behavior and type of work each passing day. With startups, this is not the case. Designations, desk assignments, and project plans are all altered quite frequently and you may have to change offices or desks several times a year.
These changes can frustrate an employee, especially when you’re just getting used to a new place or if you’ve come from a more organized company. At startups, those who flourish have to embrace the chaos. Driven young professionals usually relish this sort of atmosphere and they unabashedly adapt to this to ensure their success.
Building from Scratch
In an ordinary 9 to 5 job, you have a set of procedures to observe. Most companies have a typical way of doing things to meet their plans and schedules. Although ideas and suggestions are appreciated, the traditional routine of operation is what the business will look toward. At a startup, however, you’re building everything from scratch. Designing, constructing, and creating will need a wholly different skill set. Startups want creatives and leaders, people who push boundaries instead of merely adapting to a standard protocol.
Lack of Structure
The lack of structure at startups is completely unlike that of a 9 to 5 company. The idea of workweek and weekend is muddled together. Your work and social life begin to blur a lot and the chances of success are still rather low. Some people might appreciate this lack of structure, but others tend to thrive in a more structured environment that a startup won’t be able to offer.
Are You Passionate About This?
The average workforce of an established company treats their job, well, like a job. It is something they do from nine to five to pay the bills and then they disregard it as soon as they go home. While there is nothing wrong with this attitude, it is not the mindset you’ll see much at a startup.
If you go to work every day at a startup you will find people who get excited by simply looking at the logo designs. These employees sincerely care about what they do. Whether it’s the product that interests them or the marketing strategy, they want it to be of excellent quality. They go out of their way to guarantee that they’re delivering the best possible results.
A Range of Responsibilities
One of the main attractions for young people in the early stages of a startup is the exciting new roles. With fewer employees than an established company, they can engage in a wide range of activities in a controlled and professional environment. The total disarray in a startup often has led to employees delivering an obligatory task in a very short period of time. Most of them have the chance to do more certifications and coursework to enhance their work. This can backfire because startup professionals find it tough to mention this in their resumes. Even though most of their skill sets come from an area of expertise, they might only get a chance to deliver the task once.
A recent survey showed that when looked at from a corporate perspective, human resources often this of startup employees as ‘jack of all trades, master of none’. This is due to the fact that they claim to have grasped multiple operational skill sets in an extraordinarily short time period.
Long Hours of Work
In many startups the employers expect workers to give at least 50 hours a week. In some places, even 60 hours is the expectancy, according to a report. Even if the odds are that the job is very gratifying, the work is hard and long. If you’re succeeding at what you do the company will be developing. These are the good days filled with success. But there are also bad days filled with obstacles. You may have to pause for a long time to take a break. Despite the chance for personal growth, this vigorous, budding environment can become very exhausting.
Is the Pay Worth the Work?
Despite the long hours and huge workloads, startups usually don’t give a great payout. Most of them are trying to get some capital and money is almost always tight. They cannot afford to pay employees the same high wages they might find at bigger companies. Some startups tend to make up for this lack of benefits by balancing the low pay with other bonuses. You can have the choice to work from home, have an open leave policy, and even get free lunches and meals. Other benefits may be more immaterial and if you do a job well done, the fulfillment attained is the greatest perk of all.
In the end, whether you work at a startup or not depends on your career goals. The sort of company that supports this will be the one you opt for. Working at startups is a shared journey of high and low points, losses and wins. You could go for it on a trial run and if you do not enjoy the work there is always a way out. It is vital for your vocation that you craft significant experiences, go after something you’re passionate about, and keep updating your aims and goals.