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Job seekers need to target a diverse range of employers
to achieve optimal success in most markets. Students
often ignore smaller employers and focus on large firms with name
recognition when in actuality some small firms are better positioned
to hire graduates. These firms may have a business plan so compelling
that they can succeed despite the overall economic slump or the
company may be operating in a rapidly growing niche which is prospering
despite a general recession.
Small
employers have advantages and disadvantages for graduates looking
to launch a career. Work roles at small companies are often
less specialized than at larger firms allowing hires to wear more
hats, interact with staff in more functional areas and gain a better
big picture view of operations. Since employees and their work results
are more visible, it is often easier to advance in a smaller organization.
On the other hand, training programs are often less formal, benefits
packages can be more limited and opportunities to relocate to other
branches may be more restricted. The failure rate for small firms
is also much higher than for larger ones.
How
can you find some leading small employers to target? The
INC 500 list is a great
starting point! You can access the entire list online and also search
by state or keyword. Each listing will include the growth in revenues
and employees over the past 5 years. Since changes in company fortunes
may have occurred since the data was last compiled, you will need
to contact companies to determine if the growth pattern has continued.
The
Forbes
List for America's Best Small Companies is another such resource.
Local
Chambers of Commerce and local
business newspapers are other great resources for identifying
small emerging companies.
Contact
a Career Services counselor to plot your strategy for accessing
opportunities at small employers.
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