DOMESTIC OR MNC – WHICH COMPANY TO JOIN?

Hey guys! Because of the ongoing recession, there have been a number of employee lay offs. Moreover, the employees who have been laid off by the companies are struggling to get new jobs in this bleak market for their survival. It is heartening to see that the talent, which this world direly needs, for its future growth and survival is not cared during this time and has been left to survive on its own as if there is no need for it to the market neither in the present nor in the future.

Whatever it may be, once you were laid off, it is time to start searching for a new job. Since you are one of that talented stuff the companies want to hire, getting a new job even in this bleak market is not a problem for you. Nevertheless, the question is, this time, how not to make mistakes in choosing a right company. Your earlier company was an MNC and had given you huge perquisites. However, it laid you off at that moment when you direly need a job; the reason may be the recession or whatever. Now, the question is that if you get an opportunity to join in either an MNC or a domestic company, which one you chose.

If your job is dependent on some outsourced domain, then obviously you need to go for an MNC. Nevertheless, if your talent has demand in domestic market as well, this blog suggests you to opt for domestic company though it pays you less. There are so many reasons to support this statement. Since India is one of those least-recession hit countries besides with huge domestic demand to cater for, it is easy for India to come out of this mess easily within a short a period (give or take a few months). MNCs are hugely dependent on outsourced market. Their markets are specifically targeted to a few developed countries like Americ a and a few European countries.

Although an MNC offers you a job during these times, it may be possible tomorrow that it may lay off you, again, because they could not able to get that project, which they have been waiting for all these months desperately because of these recession times. But, chances of similar kind of thing happening with a domestic company is near-to-nil if the Indian government's time-by-time fiscal boosting efforts and the encouragement it has been giving to different sectors to boost the domestic demand is taken into account.

In summary, this blog suggests you to grab an opportunity to work with a domestic company, which caters needs for the domestic clients, mainly. In one way, it also gives a new boost to your resume in opening a plethora of new domestic opportunities to work for.