Finance

Why Many Singaporeans Prefer Working in SMEs Over MNCs—And It's Not What You Think!

2024-10-07

Author: Wei Ling

SMEs have long been painted as the villains of today's working world—often depicted as toxic environments led by power-hungry bosses. But a recent Reddit discussion by Singaporeans is turning that narrative on its head, highlighting the positives and supportive relationships that can exist in these smaller companies.

In a thought-provoking post on r/askSingapore, one user invited fellow Redditors to share their uplifting tales of SMEs, challenging the common stories of workplace abuse and disregard. The responses were refreshing, showcasing a variety of heartfelt experiences that contradicted the negative stereotypes.

The 'Family-First' Boss

One participant shared that her husband, an employee at a local SME, enjoyed remarkable flexibility and support from his boss. This family-oriented atmosphere allowed him to work from home during emergencies, a gesture that they both appreciated immensely. "His boss is incredibly understanding and doesn’t micromanage," she noted. "They celebrate birthdays with meals and gifts and close for holidays, creating a wholesome workplace culture."

The 'Nice & Understanding' Leader

Another user chimed in about his experience at a 10-person company where office politics were nonexistent. He described his boss as both nice and understanding, fostering a close-knit environment where employees enjoyed hanging out after work. The company not only provided hefty annual raises but also bonus incentives. Yet, he revealed his hesitance in contemplating a transition to a larger corporation due to fears of a lower salary and less personal interaction.

The Intern's Delight

One intern recounted her positive experience at an SME with around 150 employees. Despite the office being in an unglamorous industrial area, the kindness of her Malaysian Chinese bosses and the camaraderie among employees made her internship unforgettable. Surprised by her attractive stipend—higher than the industry minimum—she felt genuinely appreciated, which fueled her motivation.

The 'Generous' Leader Turned Sour

However, not all stories were rosy for those who transitioned from one company to another. One employee shared how his previously supportive boss, who offered above-average salaries and advocated for his team, was replaced by new owners who shifted the company's culture towards the stereotypical SME experience.

A Supportive Mentor

Another user revealed that she remained with her SME for eight years due to the positive work culture and her boss's mentorship. With flexible hours and extraordinary support during a challenging situation with a client, her experience was laden with personal growth. "I learned to work outside Singapore, which ultimately inspired me to start my own business," she shared.

The dialogue continued with several others echoing the sentiments of favoring SMEs over larger corporations. Many agreed that smaller companies foster a sense of personal connection, camaraderie, and support that is often missing in the vast, impersonal environments of multinational corporations.

One user succinctly articulated the sentiment: “I’d rather work in an SME any day! It feels good to be part of a closely-knit team rather than just a number in a huge MNC that has no regard for you.”

As the conversation evolved, it became clear that while larger corporations may offer certain advantages, the rich, fulfilling experiences shared by these individuals serve as a testament to the compelling work environments that SMEs can create. In a world where workplace wellness and culture have become paramount, it seems many are finding that sometimes, less truly is more.

Conclusion: The Human Touch in Business

These personal stories underline a broader shift in the workforce's expectations, where employees increasingly prioritize relationships and supportive environments over financial gain. As the perceptions surrounding SMEs continue to evolve, they may become the preferred choice for many seeking a fulfilling career in Singapore.