26 August 2022

Large Corporates vs Startups

In the IT industry, there is a stark difference between working for large corporations compared to startups. The following explore a few areas of comparison.

  • Startups 
    • enable employees to be heard
    • to be more vocal
    • chance to influence a culture
    • explore and exchange thoughts and ideas
    • build closer relationships
    • bigger sense of responsibility
    • fast-paced
    • proactive
    • rapid learning
    • can be disruptive and at the same time risky
    • less stability of work
    • smaller teams and even individual ownership of work
    • chance to play many hats which leads to often overworked staff
    • more loosening up parties and chill out times
    • opportunities to explore play times and breakout periods
    • equity options
    • salaries can be low
    • greater degree of flexibility to be creative
    • limited funding budgets on projects
    • small teams means cultural fit becomes important which may lead to issues with diversity, inclusion, and equity
    • communication channels are often spread across a very flat hierarchical structure
  • Large corporates
    • one is reduced to an employee number
    • lots of red tape to get things done
    • chance to influence culture is minimum or difficult
    • more decisions are made by management
    • people become too distant
    • lots of reporting functions 
    • lots of internal competition
    • more ceremony within team structures
    • lots of mundane work as things slow down considerably
    • excessive amount of politics which at some places can be toxic
    • difficult to make a mark and rise up the ladder
    • risk of stagnation
    • can be great places for graduates to start their careers as period of learning and ramping up skills in industry
    • lots of stability
    • projects can be complex
    • willing to take risks
    • chance to do things properly
    • chance to specialize in an area
    • lots of benefits and perks
    • salaries can be more dynamic with greater bonus options
    • great when you just want to move up into management
    • great to go back to when you are nearing retirement
    • great to go back to when you want stability while setting up a startup of your own
    • great for networking for the future
    • chance for bigger project budgets
    • chance to work in different countries and with distributed teams
    • more structured career progression
    • potentials for redundancies under bad leadership
    • more consideration for compliance
    • more restrictions on opensource
    • unnecessarily and often long recruitment processes
    • lots of pointless paperwork for filling out forms
    • lots of areas of unclear, inefficient, incorrect channels of communication
    • often issues relating to diversity, inclusion, and equity in the workplace