How to be in less risky and most profitable situation while moving from top most MNC to smaller firm? [closed]

Question

I am currently working for a Multinational IT outsourcing Organization in India. It is one of the top ten IT Organizations in India. Due to various reasons things are not going well with the current organization, and I've decided switching the company is the best option.

After a thorough job search, I have received an offer from a small firm. This small firm, whose size is 1/500 of the existing company, and whose age is 1/3 of the current organization, is offering a career opportunity. This small organization is offering higher pay and more benefits.

Now my concerns are below:

• Job security, career growth and work environment
• Risks related to smaller firms
• Worthiness of the opportunity

I don't want to regret the decision. I have a good reputation, one who doesn't switch organizations very frequently. I want to carry that reputation further.

My specific questions are:

• How can I evaluate the organization and risks involved in moving to that specific organization in order to put myself in a safer and profitable situation?
• What aspects should I have to consider before making a decision?
• What kind of research should I do in regards to that organization?

Additional Details I have gained totally 8 years of experience in IT field. I have been small organization at start of my career, and that organization closed due to internal issues and having bad management. Keeping in mind that I have done some research about the organization. The glass door comments says that company has neither good nor bad reputation and it is OK to work there but not so great. The glass door comments says that the higher management doesn't treat individuals with enough respect. But they have stable client base and specialized in specific area. The only motivation now is they are offering more than 65% salary hike and promising better career growth opportunities like on site visa and promotions which will take ages in the current organization.

Answer 1

First,You havent mentioned about your total years of experience . If you are well experienced and know your stuff, You may not worry too much about the decision. Since On the bad side, you can always find a better options elsewhere.

•What aspects should I have to consider before making a decision? *

Only you can answer this question. People switch companies for specific reasons. If what you want is more money, you can go to a smaller firm but have to deal with other thing which you wont get in a MNC firm. If you want to get one, you have to compromise on somethings. Life always work like that.

Answer 2

How can I evaluate the organization and risks involved in moving to that specific organization in order to put myself in a safer and profitable situation?

First, consider what kind of an illusion is safety here. I know where I am in Canada there have been a couple of companies that were thought to be "safe" that have had rather major layoffs so that it isn't really that easy to say one company is safe as I'm sure there was a time when Enron and Worldcom would have been imagined to be great companies before the fraud of various executives bankrupted those companies.

Second, consider that while the company may be around, will the department you work still be there? That could be another question here. I'm not out to scare you as much as that my inclination on this question is to consider what skills do you have, how marketable are those skills and what kind of direction are you wanting to have.

What aspects should I have to consider before making a decision?

I'd be aware of what kind of work environment do you want to have. What tools do they use? What processes are in place? What size are the teams? How is the work organized and prioritized? Consider lots of different angles here as you'll likely want to know some of these before getting into another position.

Also, consider what kind of difference is enough to make the jump be OK for you. Is it a 10% change in salary, 40% change, or something else?

What kind of research should I do in regards to that organization?

I'd probably draft the list of qualities of that workplace and possibly do some informational interviews to see what kind of reputation does that workplace have. Is it the place that collects the best of the best? Is it a place where everyone looks out for themselves and there really aren't teams?

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The challenge with something like "better career opportunities" is what kind of explicit statements and guarantees could there be? This is where trust and a few other things are likely to matter the most.