Working at MNCs or Multi National companies can prove to be immensely helpful when it comes to earning the right kind of exposure, salary packages and also a work-pay balance. These are the primary reasons why today’s youth are increasingly drawn towards MNCs. Additionally they are inspired by the right kind of competitive spirit required to propel and individual forward in his professional career. Let us explore the already mentioned reasons for joining MNCs with a brief focus on additional reasons as well.
Salaries: As already mentioned the MNCs offer better salaries than the smaller companies. Their salary structures are usually based on different aspects such as Educational Background, work experience, domain and technology. In short the salary ranges are a kind of reflection of your credentials in the industry. Some individuals consider it to be a reality check and are ready to take up the challenge of improving on it.
Exposure: The moment an individual steps into the threshold of an MNC he is assured of the much coveted exposure one needs to make a mark in the industry. The infrastructure, regular trainings both internal and external, even sponsored certifications by some companies are some of the benefits enjoyed by an MNC staff.
Campus recruitment: Usually MNCs rely much more on campus recruitments than the smaller companies do. As they have the required funds, space and environment to train freshers from scratch, the bigger players in the game are least apprehensive of hiring enthusiastic beginners who are barely out of college. This has acted as a very big draw for MNCs as students with their minds and hearts set on a particular career are more than willing to embark on the professional journey of their choice with the added incentive of earning big!
Work Pay Balance: Employees in government jobs or smaller companies are often found ruing about the discrepancy between work and pay and also due recognition for workers. While some real hard working individuals fail to make the cut in terms of pay or promotion at the end of a year, others with supposedly lesser credentials are granted the same. However, the multinational companies are mostly very particular about granting designation jumps and salary hikes or even in acknowledging service in terms of awards. Their policies in these matters are such that very few can find a fault with. This has triggered a very healthy competition among workers who know that their contribution will be duly appreciated.
Time Utilization: Anyone who is a part of an MNC must know the worth of time as very little or no time can be spent in gossiping and irrelevant discussions at workplace, which on the other hand is almost a regular feature in most of the smaller companies.
Added benefits like Sports room, gyms etc are also huge attractions for many!