Work for an SME
Small to medium-sized enterprises (SMEs) offer exciting opportunities for graduates.
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Working for Small to Medium Enterprises (SMEs)
SMEs, defined as having less than 250 employees, are thriving in various industries like:
- finance
- manufacturing
- media
- IT.
With a well-written speculative letter and networking, you can explore other industries too.
SMEs offer great rewards. Gain comprehensive business exposure, learn rapidly, and climb the ladder faster than in larger organisations.
Things to consider when working for an SME
Working for an SME is an opportunity for skill development. In smaller organisations, your ideas are valued, and you'll gain hands-on experience. Your contributions directly impact the business's performance and operations.
Here's why an SME is worth considering:
- Embrace variety: Individual departments for every function are less common. You'll tackle a range of tasks, providing you with a holistic understanding of the business.
- Break hierarchy: They are often less hierarchical, granting you more access to senior members. This connection can support your career growth.
- Take initiative: Take on responsibility and showcase your initiative. Prove yourself, and you'll unlock opportunities for advancement in expanding companies.
- Fast-track rewards: Salaries may not be great initially, but they can rise rapidly compared to companies with rigid promotion policies.
- Build connections: With fewer employees, you're likely to know everyone in the organisation, including staff and clients. This fosters valuable connections and expands your professional network.
- Graduate potential: Some SMEs may hold misconceptions about graduates, perceiving them as inexperienced. However, you can also be recognised for your intelligence and adaptability as a quick learner.
What skills are sought by SMEs
To impress potential employers, it's crucial to understand their desired skills. Show how you can contribute to their business. You cannot assume they're familiar with higher education. You must explain your academic studies and highlight the advantages of hiring a graduate.
SMEs prioritise the same skills as larger companies, but hold more importance in smaller settings where you'll use them consistently. Provide evidence for each of these skills in your CV or application:
- Self-motivation/proactivity
- Willingness to learn
- Problem-solving ability
- Flexibility
- Initiative
- Strong communication skills
- Teamwork
- Organisation (self, work, and time)
By demonstrating these skills, you'll stand out and increase your chances of landing a position with an SME.
How to approach an SME
Larger organisations rely on reputation and graduate recruitment fairs. SMEs take a different approach to advertising their vacancies. They typically use:
- Local press
- University job portals and local graduate listings
- Job centres
- Word of mouth
Timing is key for speculative applications, where you submit a CV and cover letter even when no position is advertised. Such applications can often fill a significant number of vacancies.
However, a speculative CV and cover letter alone might not suffice. Follow up with a meeting request or make a telephone call. If possible, leverage your network to secure an introduction.
Recruitment in SMEs can be unconventional. If they meet you and like you, they may want to offer you a position.
Recommended resources
Find out more
SME opportunities can take time and effort on your part to discover. Researching companies will help. The links and resources below can help you research SMEs.
- The Department for Business Energy & Industrial Strategy supports sustained growth and higher skills across the economy. It has resources aimed at helping new businesses get up and running. It also contains information about SMEs and the issues they face.
- The British Chambers of Commerce represents businesses of all sizes in the UK. Their regional chambers are a good place to start your research into local SMEs.
- The Library provides a variety of electronic sources of company and market information that can be useful for finding SMEs. Please note: you have to be a current student at the University of Salford to access this information. Graduates can visit their local business library to see which databases are available.
- The United Kingdom Science Park Association represents the 100+ Science Parks in the UK. Science Parks are a business support initiative that have formal and operational links with centres of knowledge creation such as universities, higher education institutes and research organisations.
- Knowledge Transfer Partnerships (KTPs) - Graduates with a good degree could work for successful organisations. The graduates will manage and deliver a project which is key to the development of the organisation's strategy. KTPs offer the chance to apply your degree, start a real job, and gain a professional qualification.
- STEP is a UK-wide programme offering students temporary project-based work within SMEs. Students must be in their penultimate year to be eligible.
- Visit the Commercial Library in Manchester. This is an excellent source for local business directories. The library keeps up-to-date links for key local business organisations.