I worked at Bizcom Electronics full-time (More than 5 years)
Work Life Balance
The first thing most people mention when you bring up startup culture is the work-life balance. Or in some cases, the lack of work-life balance. Startups are filled with people who are passionate about seeing a product or service come to life, and that usually entails long or odd hours. Culture has us believe people at startups ride scooters to their next meeting where they play foosball to brainstorm, but the reality is that startups require a level of dedication from each individual that you might not see at a corporation or big business. And there’s no assurance you will have your job for years to come. Long term success can greatly depend on the hard work of each individual employee hired by the startup.
“Joining a start-up is very different from joining an established company. The main difference is the lack of structure in a start-up, which has an impact on work hours, processes, and working relationships. There are less rules, but that means there is more room for creative and entrepreneurial spirits to express themselves,” says Simon-Pierre Behr, CoFounder of Spotlight.
Startup companies are undoubtedly filled with go-getters and people who are willing to go the extra mile or have dinner at their desk while working away on a project. Since teams are small, people generally have to wear a number of different hats, which can mean odd hours, late nights, and working on weekends. Funds are often low when a company is building their client base so they need to get everything out of their employees that they can.
Advice to Management
The long hours and huge workloads don’t necessarily mean a huge payout, either. Startups are working to get funding, which means money is often tight, and they can’t afford to pay employees the same high salaries they might find at other companies. “Benefits are not always as great - you work so much that your hourly pay is often lower, free insurance is sometimes present, but often only in early stage startups, not the mature ones,” says Christina Trampota Managing Partner CGM Squared.
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