The number of university leavers turning away from the larger, more traditional graduate employers in favour of working for a startup or SME (small and medium-sized enterprise) has noticeably increased over the past few years. Over 50% of recent graduates now say that they would rather work at a smaller company and it’s easy to see why. Working for an SME presents first jobbers with a unique opportunity to take on high levels of a responsibility from the word go, to really have an impact on the business’s growth and development, and to develop a wide skills set.
So, if you’re thinking of kick-starting your career at an SME, you’re probably keen to find out how the hiring process differs to a corporate’s. In short, quite a bit. Although it’s important to remember that all startups and SMEs vary too, we’ve outlined the 4 main points that are relevant to the majority of smaller companies.
Speed vs. Formality
At a larger company, it isn’t unusual for the recruitment process to start a year in advance of the start date. They’ll have strict guidelines in place and will also receive a greater amount of applications.
Startups and SMEs simply don’t have that sort of time at their disposal so they tend to start their recruitment drive just 1-2 months before the expected start date of their new employee. This means that it’s perfectly reasonable (and actually encouraged) to start looking for vacancies after your finals or even after graduation, depending on when you’d like to start your new job. You can also expect to hear the outcome of your application a lot sooner!
Relaxed vs. Structured
At a corporate the hiring process will be run by a fully equipped HR team, and there’ll usually be several rounds of tests, interviews and/or assessment centres that successful candidates will be invited to attend.