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7 Benefits of working within an SME vs Large Corporate

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A large enterprise or corporate businesses offer big benefits and perks like good salaries, a fancy workplace, etc. but when it comes to personal or professional growth, SMEs (Small and Medium Enterprises) play an important role. Working in a small business, offers an abundance of benefits, as it recognises the potential and value of every employee.

Small businesses offer exceptional career opportunities to its employees, giving them a chance to stand out in the workplace. Working in a small or medium enterprise (SME), connects an individual to the senior management, allowing greater exposure to widen an individual’s skill set.

Listed below are 7 benefits of working within an SME:

  1. Widens your skill-set: Working in SMEs leads to a better understanding of the job role, helping develop and broaden your skill-set. Small businesses develop their employee’s overall skills set and encourage their entrepreneurial drive. They get an on-the-job, first-hand experience to understand and introspect the business better.

 

  1. Advancement in the career graph: With ample opportunities to learn, all individuals get a platform to showcase their talent towards a positive progress in the company.

 

  1. Offers employee-centric work culture:A smaller workplace leads to more cohesion amongst the team. An employee centric work culture leads to a better understanding amongst professionals and greater transparency in workflow, which is crucial to an organisation’s growth. Unlike a large company, an SME creates an atmosphere that is more nurturing than that found in companies with thousands of employees.

 

  1. Client-facing roles which facilitate better customer- centricity: Employees working in SMEs are in a direct client facing role, mostly. This lets the employees of SMEs understand the clients’ ask better, to give them a customised solution.

 

  1. Adaptable and Flexible:A large company often has a complex structure whereas an SME has a more flexible work policy. This allows an SME professional, to contribute more to the company than someone of an equivalent designation in an MNC (multinational corporation).

 

  1. Rapid Response to Change:A simpler structured SME allows even junior level employees to learn more about the company’s industry as compared to employees of similar ranks in huge multinationals. Employees who work in an SME intimately feel the pulse of their industry. Also because SMEs have a simpler corporate hierarchy, employees of such companies are able to understand and adapt more quickly to changes in their industry.

 

  1. Greater Learning from Niche Industries:Many of the world’s largest companies are also the customers of equally large companies. This often means that many of the smaller niche segments in an industry are serviced by smaller and medium-sized businesses. This creates a niche that is ideal for SMEs to exploit and allow those working there, to gain better insight into niche industries and market segments.

 

Working in any organisation opens avenues for many learning experiences. SMEs stand apart from their larger counterparts because of their ability to help employees grow in a manner, which is unique and distinct from the kind of growth possible in companies that have a thousand or more employees.

We are partnered with some amazing SMEs throughout the UK that offer excellent benefits including personal and professional growth . Check out some of the latest featured jobs that could be right for you.  

Find out why hiring for ‘Skills’ first rather than ‘degree’ first maybe beneficial to your business!

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Hire For Skills First

How do you identify young talent that will have the greatest impact?

For most companies, the standard practice is to target select, prestigious schools, universities or colleges, invest in a prime spot during seasonal career fairs, and collect as many CV’s as possible to build an entry-level talent pipeline. However if you are an SME or start up this isn’t always possible. Let’s find out why hiring for ‘Skills’ first rather than ‘degree’ first maybe beneficial to your business.

First off, in the age of digital transformation, the demand for developers won’t be able to keep up with degree focus recruiting. If everyone’s fighting for talent in the same pools of talent, hiring will be exponentially more difficult. Secondly, if your goal is to make strong hires, we need to look past ‘only’ grades, as they aren’t reflective of true ability.

It’s time to focus the conversation on skill. To dive deeper on understanding the state of student developer skills. 10,000 developers were surveyed by Hacker Rack across universities worldwide on how they’re learning, what they’re learning, and what they look for in a job. For instance, we learned that even though 76% of tech students are pursuing a degree in computer science, 65% of all student developers say they are at least partially self-taught. And nearly one third of all developers said they’re completely self-taught.Self-directed learning is the norm among developers; so when companies focus on hiring based on proven skill instead of prestigious degree a massive pool of overlooked talent opens up.

 

A degree is not enough to learn how to code

Although most computer science students are learning software development in universities, over half of all student developers say they’re partially self-taught. And nearly one third of all student developers say they’re completely self-taught.

 

This prevalence of self-taught knowledge means two things: First, computer science programs lag behind the pace at which technology evolves. For skills that are growing in the industry today, students have to rely on self-teaching to learn.

Second, self-teaching is ingrained in the developer DNA. Developers have an insatiable thirst for learning. On average, students are planning to learn 6 languages, while more senior developers are learning 4. Their thirst for learning makes it clear that Computer Science (CS) degrees shouldn’t be the primary measure of student developer skills. Instead, teams need to look beyond school performance—to personal projects, portfolio, skills assessments, and the like—to accurately evaluate their skills.

 

Students rely more on YouTube than professionals

Developers have traditionally flocked to Stack Overflow as a means of learning new skills or working through problems. But that could be changing with new generations.

University students today seem to be showing less interest in Stack Overflow compared to professional developers. Instead, YouTube is starting to become more favourable as a learning tool for the next generation of developers. We found that 73% of students use YouTube, compared to only 64% of professional developers (where the majority of professional developers were aged 25-34, and the majority of student developers were aged 18-24).

 

What platforms do Student and professional use to learn how to code?

Outside of the classroom, the face of education is shapeshifting quickly. The popularity of video-focused mediums may signal the beginning of a larger generational shift led by Generation Z (those born in the mid 90’s – early 00’s), who make up the majority of today’s college and university students.

 

This trend supports recent research by Pearson & Harris Poll, which found that Generation Z (ages 14-23) preferred YouTube and video to learn versus other applications of learning.

Check out some of the latest jobs that we are hiring for that will consider ‘skills’ first! 

 

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