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?
It has become increasingly common for people to seek employment opportunities in large corporations. Despite better financial rewards and professional opportunities provided, employees working for these entities are at a higher risk of being laid off, and typically have to tolerate immense pressure at the workplace.
One major advantage associated with large companies is that they offer significantly greater incentives. These companies usually generate huge profits, which translates to their employees receiving not only better benefits packages ranging from subsidized meals, pensions, healthcare and insurance plans but also generally much higher salaries and bonuses. Recent research and surveys conducted indicate that the staff at major enterprises including Google and Microsoft reported feeling satisfied with their current pay, with some being paid up to six figures annually. Large companies are also ideal environments for personal development. Employees are more likely to get a promotion and raise as these organizations usually have established a specific and transparent set of rules to evaluate their staff.
However, the workforce in big businesses faces dismissal more often. Managers at these companies typically prioritize only the most competent workers, and therefore less capable and experienced personnel are more likely to lose their jobs. This can be perfectly exemplified as workers generally find maintaining their positions for extended periods at large businesses challenging due to their high turnover rate. There is also a stronger likelihood that workers in these organizations are more prone to stress-related illnesses. The amount of workload in well-established companies is naturally more demanding, resulting in employees having to work overtime or even extra hours at home, which leaves them with virtually no time to unwind. A pertinent example of this is that overworked workers have much higher chances of developing stress-induced diseases ranging from depression to heart attacks.
In conclusion, although large companies offer higher income and better career prospects, their employees usually suffer from higher levels of stress, and are more likely to be terminated. Job seekers should be aware of these factors before applying for a post.
Words: 336
Vocabulary:
Increasingly common: càng ngày càng phổ biến
Seek: tìm kiếm
Employment opportunities: cơ hội việc làm
Financial rewards: phần thưởng tài chính
Entities: thực thể
At a higher risk: có nguy cơ cao hơn
Laid off: cho nghỉ việc
Typically: thông thường
Tolerate: chịu đựng
Immense: lớn / nhiều
Associated with: liên kết với
Significantly greater: nhiều hơn đáng kể
Incentives: vật khích lệ
Translates to: đồng nghĩa với việc
Benefits packages: các gói phúc lợi
Subsidized meals: Trợ cấp ăn trưa
Pensions: lương hưu
Healthcare: chăm sóc sức khỏe
Insurance: bảo hiểm
Generally: thông thường
Salaries / Pay: lương
Bonuses: thưởng
Six figures: sáu con số
Annually: hàng năm
Ideal: lý tưởng
Promotion: thăng chức
Raise: tăng lương
Transparent: minh bạch
Evaluate: đánh giá
Workforce: lực lượng lao động
Dismissal: sự sa thải
Prioritize: ưu tiên
Competent: tài giỏi
Capable: có năng lực
Personnel: nhân viên
Extended periods: giai đoạn dài
Turnover rate: tỷ lệ lệ thôi việc
Prone to: dễ bị
Stress-related: liên quan đến căng thẳng
Workload: khối lượng công việc
Well-established companies: công ty lớn / lâu đời
Naturally: đương nhiên
Demanding: đòi hỏi
Work overtime: làm việc ngoài giờ
Extra hours: thêm giờ
Virtually: gần như
Unwind: thư giãn
Overworked: làm việc quá sức
Stress-induced diseases: bệnh do căng thẳng gây ra
Career prospects: triển vọng sự nghiệp
Terminated: sa thải
Job seekers: người đi tìm việc
Post: vị trí / công việc