They say you will never work a day if you love your job. However, finding the largest IT company and the proper role may not be a cakewalk. Quite often, students and job seekers overlook choosing the right company when looking for a new job or digital transformation.
Choosing the right company/business model does not mean eyeing the most attractive position, title, or salary. Instead, it is more about picking the right company to thrive, gain learning value, and enjoy work. So how is it done? This read is for you.
Factors that Should Determine the Choice of an IT Company for a Job
When choosing a technology sector, you must note how accepting the present IT company’s offer affects your landing the next job. This might probably not be the last job (or job change); hence, you must check if the current job will help further your career prospects and marketability in the future.
1. The Stages of Growth
Before joining a company, check its stage and the associated pros and cons.
(a) Founding Stage
You join a company that is in its early growth stage. The benefits are that you can wear more than one hat and develop a more extensive range of skills like cloud computing, cyber security, AI, ML, Blockchain, rather than deep expertise in any particular area.
This stage is uncertain, and one may not be able to receive formal training. But if you love experimentation, you can try joining IT companies at this stage. You never know when your ideas will hit, and this can be a real game-changer for you and the company.
(b) Pre-Growth stage
You join before the company grows exponentially and know what works best for it and how to improve it while maintaining stability. If you are five to ten years into your career, you can think of joining software companies at this stage, as you might be more experienced than others and may even lead a team.
(c) Growth stage
At this stage, the company starts proliferating. When you join it at the growth stage, you learn about expanding product lines and work with an expanding team.
(d) Scaled Software Companies
It is advantageous to join these established companies, as they are more stable and have numerous ongoing projects. Thus, if you do not feel comfortable with a particular project, you can switch to another within the same organization rather than searching for a new position. Furthermore, these companies have more effective management and higher brand value.
So, the key is to figure out what stage of the company fits your goal and how it will prepare you for the next job.
2. The Work-Life Balance
Although IT companies are known for challenging roles, choosing the right Indian tech company and position can bring a proper work-life balance.
While traditional tech jobs are 9 to 5, many IT companies now want their employees to work smarter than harder. This concept translates into having fewer hours, flexible schedules, etc., as long as you contribute to the company.
For instance, many companies like Apple, Adobe, and Amazon have remote opportunities. Companies are also getting innovative when it comes to dealing with work-life balance.
Google, for instance, uses a method called “One Simple Thing” as part of its work-life balance strategy. Here, every employee picks a straightforward thing they would like to do as a goal. The superior then ensures that the employees can achieve their goals (such as leaving the office early once a week or taking a couple of days off in a quarter).
The higher the work-life balance, the significantly happier you will be in your well-being and job.
3. Determine the Company’s Tech-Era
You can predict what the tech firm will be like depending upon which era it has been established.
a) The Pre-Millennial era
These companies were established before the dot-com bubble and tended to have the best work-life balance. The average employees are slightly older, and the work hours are thus more relaxed and flexible. However, these companies take things slowly and have fewer growth opportunities.
b) Gen Z companies
These companies were established after the Great Recession in 2008 and followed the work-hard rule. However, one may get cool projects and good potential for growth.
c) Millennial Companies
These companies were founded amidst the dot com bust and the financial slowdown; they lie in between the pre-millennial and Gen Z firms. They have a better work-life balance than start-ups but are more stressed than their older counterparts.
4. Determine Adversaries of IT Company
Check if the company is near-monopoly or in the fierce competition stage.
Companies with a monopoly, like (Microsoft in terms of OS or Google in terms of search) are pretty cool and can pamper their employees even if they do not develop their core business.
This is because it will take a long time for any competitor to replicate the same products, and hence, these companies can still generate revenues without any struggle.
Wrapping Up!
Companies in fierce competition with their peers (like Tata Consultancy Services, HCL Tech, Apple, and Samsung) tend to have rigid work rules. As a result, one has to constantly keep the company’s head high over the waters to stay ahead of the competition.
Therefore, there will be long work hours, and the expectations bar is raised constantly. However, some employees may feel that they have learned more quickly by working in a highly competitive environment.
You must also consider the company culture, the training opportunities (whether they will better impact your resume), and the package.
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