Career Confusion
If you have just graduated or are going to graduate, then you must have heard or even participated in the debate about multinationals and start-ups, with everyone questioning which of these is a better option for growth! Where Multinationals are big, strong but slow, start-ups are small, lean and fast. Depending upon your job interests, need for stability and steady income, you can opt for either for them.
Let’s check out which one of them can offer you the best job!
- If in a job, salary is your first preference, then multinationals generally offer a higher package but growth is relatively stagnant. In start-ups on the other hand, you have low cash in-flow but once it goes public the salary is at par with other multinationals.
- Startups rarely hire MBA professionals, because their packages are low. Therefore, if you are an MBA, you might just be overqualified for a startup.
- The difference between selection processes and interviews at startups and multinationals vary. Multinationals prefer mass recruitment with a medium level selection process but startups look for a few fully dedicated candidates with a thorough and deep knowledge of the field. So, the selection process is quite challenging.
- If you are truly interested in learning then nothing is better than a start-up company. It provides you immense knowledge, which is very rare when it comes to multinationals.
Therefore, if steadiness and average pay scale is what you desire for, then multinational is your choice. But if you crave for challenges and situations that test your ingenuity and skills, then startups are waiting for you!
