(Sample) Large Companies
(Sample) Large Companies
In the past, most people worked for small businesses, while more people now work for
large businesses. What are the advantages and disadvantages of working for large
businesses?
SAMPLE
Body 1: On the one hand, there are many benefits of being a part of a major
corporation. First, Employees working for large companies can receive competitive
salaries and benefits packages. Thanks to their considerable financial resources, these
corporations can provide higher salaries than smaller businesses, along with
comprehensive benefits packages, including health insurance, retirement plans, and
paid time off for vacation and sick days. By choosing to work for a large company,
these workers can enjoy greater remuneration, potentially leading to increased job
satisfaction and productivity.
Another advantage of this is (that) larger companies offer their employees numerous
opportunities for career growth. This is because these organizations can invest in
employee development programs that provide career advancement opportunities,
including training, mentorship, and leadership programs. These programs help
employees build their skills, job performance and achieve professional growth and
success.
Bonus:
Employees who work for large companies have the advantage of being associated
with a well-known brand, which can enhance their professional image and make them
more attractive to employers. This is especially true for young employees building
their resumes and establishing themselves in the job market. In other words, working
for a large can help employees stand out in a competitive job market.
#2:
One of the benefits of working for a large company is the opportunity for
specialization. Large corporations have the advantage of having separate departments
that focus on specific business areas. For example, a large consumer goods company
may have distinct branding, advertising, social media, and public relations
departments. Hence, working in a specialized department can allow employees to
develop a deeper level of expertise in a specific area, making them valuable assets to
the company and enhancing their professional growth.
Body 2: However, operating within a large business structure also presents some
disadvantages.
One major drawback of working in large corporations is the presence of bureaucracy,
which can hinder the company's efficiency. Specifically, complex organizational
structures and processes within these corporations can slow down decision-making,
causing employees to struggle with completing tasks on time. This delay could lead to
reduced corporate productivity and missed opportunities for revenue growth.
BONUS:
Working for large companies often entails the risk of low job security. Due to these
organizations' large size and scale, employees may experience intense internal
competition and frequent restructuring and downsizing. As a result, employees may
feel constantly at risk of being replaced or laid off, negatively impacting their
financial stability and long-term career prospects.
CORE VOCABS & COLLOCATION
RELATED TO MONEY
1. Competitive salaries: The compensation paid to employees by an organization
that is comparable to the salaries offered by other organizations in the same
industry and location for similar job roles.
2. Remuneration: The payment or compensation given to an employee for their
work, including salary, bonuses, and other monetary rewards.
3. Benefits packages: The collection of non-salary benefits provided by an
employer to employees, such as health insurance, retirement plans, paid time
off, and other perks.
4. Health insurance: A type of insurance that covers medical expenses incurred by
the policyholder or their dependents, such as doctor visits, hospitalization,
prescription drugs, and other medical services.
5. Retirement plans: Programs established by employers to help employees save
for retirement, such as 401(k) plans, pension plans, or other savings plans.
6. Paid time off: Time off from work for which an employee is paid, including
vacation days, sick days, and personal days.
7. Financial stability: The ability of an individual or organization to maintain
financial security and meet financial obligations without incurring significant
debt or risk.
JOB-RELATED VOCABS & COLLOCATIONS
1. Job satisfaction: The level of happiness or contentment an employee
experiences in their job.
2. Job productivity: The level of output or work completed by an employee in a
given time frame.
3. Job performance: How well an employee performs their job duties and
responsibilities.
4. Competitive job market: A labor market with a high demand for workers, often
characterized by competition among employers to attract and retain talent.
5. Professional growth and success: Advancement and development in one's
career, often measured by achieving professional goals and acquiring new
skills.
6. Valuable assets to the company: Employees who possess skills or qualities that
benefit their employer and contribute to the company's success.
7. Enhance professional image: Improving the perception that others have of
oneself in a professional setting.
8. Build resumes: Creating a record of one's education, work experience, and
skills to showcase to potential employers.
9. Develop close relationships: Building positive and mutually beneficial
connections with coworkers, clients, and other professionals.
COMPANY-RELATED VOCABS
1. Employee development programs: Initiatives to improve employees'
knowledge, skills, and abilities, often through training, mentorship, or
leadership programs.
2. Career advancement opportunities: Opportunities for employees to advance
their careers, often through promotions or acquiring new skills.
3. Training: Teaching employees new skills or knowledge to improve job
performance.
4. Mentorship: A relationship in which an experienced employee guides and
supports a less experienced one.
5. Leadership programs: Initiatives to develop employees' leadership skills, often
through training, mentorship, or practical experience.
6. Bureaucracy: A formal structure with rules and regulations that can slow
decision-making and hinder efficiency.
7. Efficiency hindrances: Processes, structures, or systems that create obstacles or
inefficiencies that slow down the organization.
8. Complex organizational structures: Layered or multi-tiered organizational
structures with multiple departments, divisions, or levels of management.
9. Complex organizational processes: Methods or systems used to achieve
organizational goals.
10. Decision-making: Choosing among alternatives or courses of action by
analyzing information, weighing options, and assessing risks and benefits.