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Should I consider starting my career at a smaller company?
It may come as a surprise for the majority of you to learn that the percentage of graduates in the UK that end up working for one of the larger, well-known graduates is under 20%. So where are the rest of the job opportunities? 9/10 graduate jobs are currently found in startups and SMEs (small and medium sized enterprises).
Although there are clear benefits to securing a place on a graduate scheme after leaving university (formal training opportunities, prestige, early earning potential), starting your career at a smaller company comes with a host of other benefits which corporates simply can’t offer first jobbers (high levels of responsibility and the chance to have an impact on the growth and development of the business).
To aid your decision on whether a graduate job at a startup or SME could be the right choice for you, here are some questions you should be asking yourself:
Am I good at taking on responsibility and managing my own time?
At a startup or SME you can expect to be given high levels of responsibility from the word go. Working in a small team also means that there’ll probably be nobody else in the company with the same skill set as you or doing the same thing as you. With little time for micromanaging, you’ll really be expected to take your own initiative and ownership over your work!
Am I creative and do I enjoy coming up with new ideas?
At a small company, with often a limited budget, it is common for situations to arise where a creative solution is needed! If you enjoy thinking on your feet and are keen to make proactive decisions to resolve an issue then this could well be the right environment for you to flourish in.
Do I have an interest in entrepreneurship?
Particularly at a startup, you’ll most likely be sitting across or even right next to the founders of the business. This gives you a unique opportunity to soak up all their knowledge and experience. This kind of exposure is especially valuable if you think you might like to start your own business one day.
Am I looking for a chance to develop a wide skill set?
Working as part of a small team usually means that you’ll be involved in several different functions within the company where you’ll pick up a whole new set of skills as you’ll really be expected to get stuck in and contribute. You’ll receive a huge education about how a business truly operates, which is harder to grasp when working in a single department of a larger company.
Am I looking for a relaxed environment and culture?
The atmosphere at a startup or SME is much more relaxed than at a corporate. There is usually no dress code and little hierarchy. You’ll get to know your co-workers quickly and team socials are common. Surrounded by creative and innovative people, it can be an inspiring work environment to be a part of.
This guest article has been written by Sophie Hudson, Head of Community at TalentPool – a recruitment platform matching recent graduates with job and internships opportunities in startups & SMEs.