“By Intuit’s count, a recovery in Main Street’s job market has been under way for a few months already. Small business employment grew 0.8% in the past eight months, translating into a net 150,000 new jobs since June 2009, when the market hit its nadir, according to Intuit.
“Small businesses generally recover faster than larger businesses,” said Susan Woodward, the economist who worked with Intuit (INTU) to create the index “To see these figures showing a rise in employment at small businesses is very heartening at a time when good news is scarce.”
Got an Email from John, questioning the lack of attention given to those seekingÂ jobs withÂ a smaller companyÂ and a general lack of attention toward small businesses.Â Everything, as he opines, is about getting a job with a big company.Â He makes a good point.Â Probably not enough attention is given to people that want to work for a small busines.Â Yet, to a degree that is understandable, I think.Â For a very long time, most young people looked to working for blue chip companies like IBM, or in today’s age, probably Google.Â
And there’s more risk to working for a small business.Â The risk being less job security.Â Small businesses tend to be a leading indicator.Â As the preceding statement from Intuit states, as the economy recovers, small businesses tend to start hiring before larger corporations.Â But the flipside is also true, small businesses tend to start firing first.Â And with a smaller margin of error, small start-ups tend to fold faster.
The strategies for those seeking employment with smaller companies are similar in principle to those seeking employment with big companies.Â Under “Job Search Strategies” tab, I have posted a number of articles on this subject.Â However, my plan is to address this niche approach in greater detail in the near future.
In the meantime, please let us know what your thoughts are – on seeking employment with a small company versus a larger firm.