Author Topic: Job with a small company  (Read 987 times)

melanie2008

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Job with a small company
« on: July 20, 2016, 07:57:24 AM »
Hello. I have the opportunity to move to my ideal location doing a job very similar to my current job, but the company is a small company. Other smaller companies like this company tend to get bought out by the big companies (one of which I work for). The last case that had people in my position, left the 4 people without a job. They all quickly got jobs, but they all had to move and I am sure the brief period of unknown was stressful. I would like to protect myself from this or at least benefit if the company gets sold. Any suggestions about what to ask about? I am asking about profit sharing and buying into the company. Thanks, Melanie

soccerluvof4

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Re: Job with a small company
« Reply #1 on: July 20, 2016, 09:09:47 AM »
Get a contractual buyout clause. So if the company gets sold you get paid for 1 , 2 or? years and or a work agreement to stay on. You can negotiate anything if there willing.

Fishindude

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Re: Job with a small company
« Reply #2 on: July 20, 2016, 09:18:51 AM »
There are many advantages to working with a small company, the biggest being the absence of the silly corporate hierarchy.   Much easier to get things done, control your own destiny, etc., assuming the ownership has their act together.   Take a close look at the owners and see how committed they are to keeping the business going.