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It may not necessarily be a bad thing, small firms can be very exploitative of employees and fail to provide many of the safeguards and systems that large emplo
by billfruit 6y ago
It may not necessarily be a bad thing, small firms can be very exploitative of employees and fail to provide many of the safeguards and systems that large employers provide. More large employers are subject to more intense regulatory scrutiny, so, I don't really think that small businesses will be some kind of utopia for workers.
- giantg2 6y agoThe flip side of that is that large firms have no incentive to provide better pay or benefits since they are less connected to the community. This is especially true for lower income individuals since the supply of lower skill workers is not constrained.
- rmah 6y agoExcept that, generally speaking, larger companies do indeed provide better pay and benefits than smaller firms in the same line of business.
- vangelis 6y agoFrom experience, the small (but not sole proprietor type) firms are owned by people whose community is other small firm owners. They're almost a landed gentry of store and factory owners in rural America.