What employees find attractive in small and large companies?

talent management development

The steep career in an internationally renowned large corporation or rather a job with a rather unknown medium-sized employer? Both small and medium-sized enterprises (SMEs) with a maximum of 500 employees and corporations with a significantly larger workforce have their advantages. But what do specialists appreciate about the respective companies? StepStone asked altogether 19,000 technical and high-level personnel this question and analyzed, which advantages medium-size employers offer from view of their coworkers and why specialists decide on the other hand consciously for a career in a large-scale enterprise. The most important results in the overview:

Salary

When it comes to achieving the highest possible salary, large companies score clearly against smaller employers. According to a StepStone analysis of the salaries of 200,000 specialists and managers, companies with more than 500 employees pay an average of 26 percent more than smaller companies. The different earning possibilities are well-known long ago even employees. Thus 38 percent of all asked specialists decided already once against an application with a Mittelstndler, because larger enterprises pay better. Almost every second interviewee who works in a large company sees the attractive salary as a clear advantage for their employer.

Flat hierarchies

Skilled workers who want a high degree of individual freedom in their job probably feel more comfortable in a medium-sized company. 38 percent of all respondents who are employed by an SME particularly appreciate the flat hierarchies in their company. In large companies, only 22 percent think that their employer scores with flat hierarchies.

International environment

Anyone who is interested in a job in a company obviously has a great interest in working internationally. The results of the StepStone analysis indicate this. 38 percent of the Group’s employees particularly appreciate the international environment in which they work. Smaller and medium-size enterprises cannot always offer this to their coworkers also the analysis shows: Only each fifth coworker of an KMUs appreciates the international work in its job.

Familiar working atmosphere

Specialists and managers who are employed in a company with fewer than 500 employees see their employer’s familiar working atmosphere as a major plus point four out of ten respondents underline this aspect. In the case of large companies, however, only 23 percent say that their employer is characterized by a family atmosphere.

Additional services

The fact that large companies have more budget available for their employees is also illustrated by a look at the range of additional benefits such as company pension schemes or a daycare place. While 34 percent of the group’s employees value these additional benefits from their employer, only 19 percent of those surveyed from small and medium-sized enterprises believe that their employer stands out with special additional benefits.

Andre Schaefer, career expert at StepStone: “No matter whether it’s a large corporation or a small family business: In times of a shortage of skilled workers, all companies find themselves in a fierce competition for the right employees. Who wants to assert itself in this ‘war for talent’, must develop an attractive employer brand and integrate its advantages purposefully into the applicant speech. Specialists are not looking for just any job, but their dream job. Companies must therefore be able to show them clearly in the job advertisement why it is worthwhile to work for them.”

Source: https://www.onlinemarketplaces.com/articles/29464-stepstone-what-does-talent-find-attractive-in-small-vs-large-scale-employers

Published by Dave John

Decade of work experience in leadership consulting with strong focus on talent acquisition & assessment across different industries and geographies.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: