When Size Really Does Seem to Matter

In a tough and uncertain economic environment, it seems that size really does matter. A company large enough to be in the FTSE Top 100 quoted companies in the UK is clearly providing something that the general public either wants or needs. It's very status as a Blue Chip company means that, if necessary, it can raise capital quickly and relatively cheaply. This is a huge advantage if one either wants to expand at a faster rate or simply survive a sharp downturn in business.

Secondly, a very large organisation almost invariably depends on a very large workforce. Apart from providing a huge variety of different roles, a large workforce means plenty of opportunity for advancement as hundreds, if not thousands, of employees either retire every year or leave for other reasons.

A large and well diversified company also provides insurance against making the wrong decision early on. Different roles are suited to different personalities and temperaments and new entrants to the jobs market very often make a mistake and find they are stuck in a role which is not, in fact, suited to them at all. Those who find themselves in this position in a small company usually have to move to find a new role which is hopefully more suitable. In contrast, large corporations employ human resources specialists who can spot when a square peg is in a round hole and can rectify matters by finding a more suitable function within the company.

At the end of the day, big employers would prefer to retain staff even if it involves trying them in different positions. It is much more expensive and time consuming to recruit new employees rather than get the most out of existing personnel resources. Most of today's larger companies are really quite enlightened and recognise that happy staff make good staff.

A well established retail organisation will have a very wide variety of retail careers within their strong workforces. The staff we see in local stores are merely the tip of the iceberg. Behind them is an army of logistics personnel concerned with the distribution of stock, e-commerce and call centre staff and a wide variety of head office specialists handling areas like buying, marketing and human resources. Most big employers nowadays have their own recruitment website and it is well worth seeing how much attention they seem to pay towards personal development. This demonstrates the value they place on ensuring that individual employees are not wasting everybody's time by persevering with something to which they were never suited in the first place. It also aids staff retention levels by making sure that existing employees feel valued and are that they are maximising their potential.

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