EMPLOYMENT IN A LARGE ESTABLISHMENT

The following factors should be considered when deciding to make a career in a large establishment:

1. Greater Specialization is Possible: Large business establishments employ people on the basis of
their training and skills for a particular aspect of the work. In a big firm, therefore, people will do the work they have been trained for and are interested in doing. Under such conditions greater skill and more specialization is possible, and may lead to more pay.

2. Large Establishments are more stable: The large size increases a firm’s chances for success and
survival.

3. Greater Job Security: Since large establishments generally have greater chances for success and
Prosperity, people working in them have a better chance of remaining longer in employment.

4. More Fringe Benefits: Large firms offer better fringe benefits to their workers. Such fringe
Benefits may include pension schemes, company- paid group insurance schemes, free medical expenses, leave allowance, study leave with pay, etc

EMPLOYMENT IN A SMALL ESTABLISHMENT

What is it like to work in a small establishment? The following should be considered when deciding to make a career in a small business establishment.
1. Independence and Freedom: There could be more freedom in a small establishment because the individual has more personal control over success or failure.

2. Impact of actions is felt more: In a small establishment, an employee’s activities do not have a
noticeable effect on the business. An employee is able to see how his hard work helps the firm
grow. This may bring personal credit to him.

3. More Opportunities for Success: Small firms offer greater opportunities for success for the
worker with exceptional output.

4. More informal and Flexible Rules: Small establishments have less written rules and regulations
restrict activities. This means that policies, decisions and actions are more flexible.

5. Broad Experience is Possible: An employee can perform a variety of different tasks in a small
firm which may pay off in the long run in terms of acquiring more skills and experience.

EMPLOYMENT AFTER GRADUATION

After graduation, some graduates may probably set up their own business and make a living as sole proprietors or as partners in a partnership or private company.

Alternatively, other graduates, on leaving the higher institution, may prefer to seek for paid employment either in the public or civil service, or in the firms and companies in the private sector. The public and civil services constitutes the public sector and are usually large establishments. In the private sector, however, large and small establishments abound. There are distinct and peculiar factors to consider in working for a small firm, as well as for large establishment, whether in the public sector or the private sector.