SME stands for Small to Medium Enterprise (or Business). Did you know that SMEs make up 99.9% of all private sector businesses in the UK, and 59.3% of private sector employment? In Scotland, SMEs can be found in all sectors, including food & drink, engineering, science, and IT. You can see some examples of the organisations ScotGrad works with here.
Advantages of Working for an SME
There are many benefits to working for a smaller company. We asked a few of our ScotGrad Associates what they thought, and this is what they said:
- Showcase your motivation and really muck in - it's never dull
- Start to build a professional network to utilise throughout your career
- Gain transferable skills and develop your skillset in general
- Early responsibility
- I like work on my own initiative and working closely with other people (including senior management)
- Variety, and the flexibility to get involved in a number of different tasks and projects
- Feeling that you are making a real contribution to the business: seeing your ideas implemented and seeing projects through from start to finish
These are things that people will often seek in their first graduate job, and SMEs can offer all of them.
When you're working with a smaller team, you'll have a higher profile within the business - you aren't a small fish in a big pond, so if you perform well this will be noticed. Research has shown that promotion prospects and job satisfaction are often higher with small companies, too.
What are you waiting for? Get started with a smaller company today by applying to a ScotGrad placement!