Pros
Financial security: Large companies usually have enough cash flow to weather changes in market conditions or a temporary drop in sales12. More perks and benefits: Large companies generally offer better perks and benefits for employees2. Resources: Large companies can offer their employees “more,” because they have more resources1. Well-defined processes: Big companies have been around for a while, so they’ve had plenty of opportunities to test what works for their business. They’ve been able to define their best practices and everyday processes so that employees know their tasks and responsibilities2. Better status: Working for a large company usually means better pay and a better status2.
Cons
Less flexibility: Large companies are generally less flexible than small companies1. Bureaucracy: Large companies can be bureaucratic, which can make it difficult to get things done1. Less autonomy: Large companies can be hierarchical, which can limit the amount of autonomy employees have1. Less community: Large companies can be impersonal, which can make it difficult to feel like part of a community1. Less innovation: Large companies can be slow to innovate, which can make it difficult to stay ahead of the competition
