Why should a candidate opt to work with a start-up?
“The moment I mention start-ups, candidates hang up on me. It is really upsetting, since they know little about how start-ups work and function,” said a recruiter at Han Digital Solution.
Well not only the recruiters face such problems, but as a Team Lead, even I found it very difficult to convince candidates as they were hesitant to work in a start-up environment.
As a Han Digital recruiter, I believe that start-ups offer more opportunities than established companies. It helps you shoulder more responsibility and develop your skills to a larger extent.
Let us throw some light on Alibaba Group Chairman Jack Ma’s saying, — “If you are below the age of 30 years, don’t work in an established firm as it has systems and process in places. Besides you’ll be working in one of the small part of the entire machine, but the actual learning process starts only if you work in a small organisation. It’s important to follow a good boss rather a company, so try to find a good boss and work with him”
Since I work with over 10 start-ups, I believe that applicants can perform better and deliver their best in such companies, here are a few reasons that will convince you:
- Scope for career growth
There is a huge scope for growth in career at start-ups. They open new avenues and offer you a chance to explore, experiment and work. Since a start-up is concentrated with not more than 20-25 employees, it gives you a fair chance to become a part of major projects and assignments. Your perspectives widen as you work holistically toward building your skills and knowledge in the domain. Over a period of time, your focus shifts to chasing targets that bring your company multiple sources of revenue.
When you work for an established organisation, your ideas and skills might not be used to its full potential. Your views are restricted and there is no room for experimentation. But working for a start-up brings along its own perks. You can multi-task and convert your ideas into reality by receiving constant support from your peers and seniors. You can also explore other possibilities within the company. By working on diverse projects, you are permitted to take calculative risks by evaluating your skills and upgrading them as per the company’s needs and wants.
In start-ups you are also allowed to introduce innovative strategies which can help the company to derive profits and achieve success in the long run.
According to various industrial psychologists, employee motivation is crucial for successful performance in any organisation. An individual is either intrinsically or extrinsically motivated to perform a given task. Often while speaking to candidates who work for MNCs, I notice that monetary benefits (Extrinsic Motivation) is the prime factor that keeps them going. At times, they look for change but are unwilling to take risks for fear of losing their current job.
However, this is not the case with start-ups. Candidates get a chance to work on multiple projects, grow in their field and get rewards for the same. Besides, some start-ups also offer perquisites and a much higher pay than most MNCs. This keeps them intrinsically as well as extrinsically motivated thus helping them strike a balance between their work and personal life.
- Freedom of expression
In a start-up, you have the freedom to share and pitch novel ideas. You get the opportunity to freely express your concepts to your immediate seniors and peers. Most often, if your ideas seem lucrative, managers might even take them into consideration and test it in the current market.
- Employee benefits & perks
A company that offers flashy benefits and perks will always remain an ideal place to work for anybody. While talking to several CEOs and co-founders of several start-ups, I found that some of the benefits they offer their employees are highly unique and matchless to the ones offered by MNCs. For instance our client, a technology based start-up in Bangalore, provides “iMac” to their employees and even complimentary lunch. However, few start-ups organise weekend beers and also provide free shopping vouchers and movie tickets for their employees.
Working for a start-up won’t ruin your career, instead it will give you a solid foundation to build your skills and progress further in the long run.