Wednesday, February 17, 2010

The Corporation v Small Businesses

The Corporation is a nasty old institution. They only care about profit maximization with any other concerns being secondary. With all the negative things the Corporation does, there are many advantages to working for one. Working for a corporation generally means that you will never have to interact with the owners of the company. There is a managerial hierarchy that creates a separation from managers and profit. The managers are generally concerned about things other than exactly how each worker is performing. Working for a small business where the owner is constantly breathing down your back is less preferable to a manager. Managers do not have a large vested interest in the company when an owner definitely does and this causes them to be much more controlling than a manager. Corporations, because they are so large, normally are able to offer employment to many more diverse groups of people. Corporations have more assets to train unskilled labor where a smaller company may only want to employ skilled labor. Corporations have many benefits to work for, but small privately owned businesses offer advantages as well.

Working for a large corporation it can be difficult to get noticed. Promotions and raises can sometimes be very hard to come by. Target Corporation gives $0.05 - $0.10 raises every year to their cashiers and floor staff. A $0.05 raise over the course of a year does not cover cost of living increases. When working directly with the owner of the company, employees can be more easily noticed.

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