Finance

Shattering Stereotypes: Why Many Singaporeans Prefer SMEs Over MNCs

2024-10-08

Author: John Tan

Introduction

In Singapore, Small and Medium Enterprises (SMEs) often bear the brunt of negativity in workplace discussions, with many labeling their bosses as toxic and power-hungry. However, a recent Reddit thread has encouraged Singaporeans to share their positive experiences in SMEs, illuminating a different narrative that defies these stereotypes.

The Salt of the Earth Boss

One user described her husband’s decade-long experience working for an SME that prioritizes family and flexibility. His boss is praised for providing the option to work remotely during family emergencies, fostering a supportive workplace culture. This boss's initiatives, including celebrating team members’ birthdays with special meals and giving time off during festive seasons like Christmas and Chinese New Year, result in a cohesive and positive work environment.

A Team Like No Other

Another employee, working in a small team of ten, expressed gratitude for a workplace devoid of politics, where strong camaraderie fuels both play and productivity. The company promises impressive yearly increments and bonuses, even when economic conditions fluctuate. However, he’s also deliberating a move to a larger corporation for personal development opportunities, showcasing the duality many face when balancing personal growth against a nurturing work culture.

An Approachable and Friendly Atmosphere

An intern recounts her experience at an SME of around 150 employees, where daily interactions were warm and welcoming. Despite its industrial location, the approachable bosses fostered a friendly environment. Colleagues often gathered for lunches at local hawker centers, showcasing a communal spirit that reflects Singapore's rich culinary culture. Notably, the intern felt exceptionally valued with an above-average stipend of S$850, far surpassing the minimum requirement, which motivated her throughout her internship.

A Generous Spirit

One individual reflected on a previous experience with a boss who consistently rewarded employees with above-average salaries and defended them from customer complaints. However, the workplace dynamics shifted dramatically when the company underwent a change in ownership, bringing about the dreaded corporate culture that many SMEs are unfairly pigeonholed into.

The Supportive Leader

A fifth participant shared her eight-year tenure at an SME, highlighting her boss’s unparalleled support, which included flexible working hours and guidance through challenging situations. This nurturing approach not only cultivated loyalty among employees but also enabled her to gain significant experience beyond Singapore's borders, eventually leading her to launch her own business.

Conclusion

The feedback from the Reddit discussion underscores a growing preference among workers for the close-knit environments found in SMEs compared to the perceived disconnect in larger multinational corporations (MNCs). Many participants echoed sentiments of valuing personal connections at work. One user emphasized, “I’d rather work in an SME any day, with a closely knitted team, than be just another brick in the wall in an MNC that doesn’t care about you.” Moreover, another contributor remarked on the bureaucratic pitfalls prevalent in larger corporations, noting that often a positive experience is reliant on exceptional bosses who shield employees from the turmoil of corporate politics. As these accounts shed light on the often-overlooked advantages of working in SMEs, they challenge the prevailing narrative that paints all small business leaders as unsympathetic figures. Instead, a picture emerges of workplaces where empathy, support, and genuine human connection thrive—offering a refreshing perspective in a world that often idealizes the corporate ladder.