Speak on the topic: Small companies cannot offer employees opportunities for promotion.

Most small companies cannot afford to offer the same benefits as larger companies, because benefits cost more per employee when you have fewer employees to enroll. In addition, some startups and young companies are skittish about offering benefits that are complex to initiate and difficult to undo if the company should fail. Retirement plans are a good example. So although the total compensation package should be approximately the same as at a larger company, the mixture of cash compensation, benefits, and stock options might be too risky for some employees. Stock options can be a decent, if risky, substitute for a 401(k) plan, but they are a poor substitute for health insurance. Small companies are exempt from some federal labor regulations that govern larger companies. For instance, companies with fewer than 20 employees do not need to comply with the Age Discrimination in Employment Act and companies with fewer than 50 employees do not have to provide leave for family emergencies. There are, of course, practical reasons for these exemptions. Compliance with these federal mandates can place an onerous burden on a small company and in many cases compliance could severely impact the company's profitability or even ability to survive. Another disadvantage is that small companies often provide less training; structured training programs are rare. For this reason, small companies sometimes focus on hiring more skilled workers who can operate better without training or support. During the interview process, find out not just who your boss would be, but also whether there are likely to be any informal mentors at the company. Also, if you manage people or functions in a small company, you are more likely to be overridden by the CEO. CEOs of small companies sometimes operate like owners and keep their fingers in everything. And of course, they are owners, holding sometimes more than half of the outstanding shares in the company.

Билет/1

A business person is a person involved in business – in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue utilizing a combination of human, financial, intellectual and physical capital with a view to fuelling economic development and growth. An entrepreneur is an example of a businessperson. The term "businessperson" may refer to founder, owner, or majority shareholder of a business or it can also be used to describe a high-level executive who does the everyday running and management of a business even though the executive is not the owner. The term may sometimes mean someone who is involved in an upper-level management role in a corporation, company, enterprise, firm, organization, or agency. This can especially apply to the founder, an owner, a manager, an executive, or an administrator in charge of total management of a corporation, company, organization, or agency.

Just like empires, companies can come and go with the times. However, there are some that last for ages, and great leadership is the secret. Great leaders have the ability to motivate employees, help others see and believe in a vision, and lead innovation in the company. Having a great leader at the helm is something that all investors, consumers, and employees want. Here are 3 of the most influential leaders in the world.

Tim Cook – Cook is the CEO of the most valuable company in the world, Apple. He took over Apple after the company’s founder, Steve Jobs, succumbed to cancer in 2011. Cook has helped navigate Apple through the transition after Jobs’ death as well as developing new product lines and opening Apple retail stores in China. He has also led a very public battle against the FBI and their demand that Apple create a backdoor for users’ iPhones.

Warren Buffett – Buffett is one of the most successful investors in the world. Some people have referred to him as the “Wizard of Omaha” (his birthplace is Omaha, Nebraska) and he is consistently named as one of the wealthiest people in the world. He has also pledged to give away nearly 99% of his accumulated wealth to philanthropic causes after his death.

Bob Iger – Iger is the CEO of the Disney Corporation. He has led the acquisitions of major companies like Marvel, Pixar, and, most recently, Lucas Films. His leadership has also led to the expansion of Disney’s theme parks into Shanghai and Hong Kong.

2Working in a small company

Pros

Family atmosphere: When you work in a small team you know each other problems and since it is fisically challenge to run away your co workers.

Faster answers to market challenges and needs.

No bureaucracy: permissions and improvements happen faster.

Better communication: Thanks to the lack of bureaucracy.

As manager you have more control of your employees.

You get a directly feed back from customers.

As manager, you can realise why sales are not getting better: is it because customer service? is it because the product?

Cons

Family atmosphere:

You have not limit working hours.

Forget about the Bonus.

You have to be multi-tasker.

Working in a Multinational Company

Pros

Networking

You are able to switch your job inside the same company.

You can learn from a variety of professionals and processes.

Exchange of knowledge with collegues from different departments.

You may specialize in one area.

Partnership with other companies are easily created.

Cons

Burocrazy.

The work is divided therefore hard to control.

It is hard to change processes.

If you see it, the pros in small companies can be the cons in the big companies. There is no winner. You have to find what works for you better. Find your needs and make a decision.

⇐ Предыдущая12345678Следующая ⇒

Поделиться: