- Two-thirds say they would rather work for an SMB than a multinational company
- Workers still fear the financial uncertainty facing SMBs
- Human relations and the company’s goal alignment are important
A growing number of UK workers are losing faith in large, multinational employers after consistent, high-profile redundancies in recent years across technology and other large companies.
New CareermindsUK data found that two in three (67%) UK workers would now rather work for a small business or startup than a large company.
But job security is not the only influencer, with values and trust also cited as key drivers for applicants seeking new opportunities.
More workers prefer SMBs to large corporations
The report argues that years of corporate redundancies have undermined the long-held perception that the world’s largest companies offer the most secure positions and most attractive career opportunities – only one in three (33%) still believe this to be the case.
At the same time, only one in five (20%) said they view small businesses as more secure in the current economic climate, suggesting they are being pushed away from large companies rather than drawn to SMBs. Still, almost half (47%) said they would choose a smaller company or startup because they want to support their employer, with research pointing to the importance of human relationships and alignment with the company’s goals.
Already, the technology sector has laid off more than 116,000 employees this year to date per layoffs.fyi. Some of the hardest hit include Oracle, Intel, Amazon, Tesla, Google, Meta, Dell and Microsoft, accounting for tens of thousands combined.
“Smaller, lesser-known employers now have a unique opportunity to attract top talent who may never have considered working for them before,” explained careers expert Amanda Augustine.
Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews and opinions in your feeds.
