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2015-01-02

Start-ups are going to be the growth engines for 2015: TimesJobs.com

In 2014, nearly 55 per cent organisations witnessed candidates changing jobs to work in start-ups.

In 2014, nearly 55 per cent organisations witnessed candidates changing jobs to work in start-ups, according to a TimesJobs.com study.

However, it's not easy for a candidate to evaluate a start-up offer. In fact, accepting an offer from a start-up is one of the most difficult decisions for any candidate, especially when he or she is already employed with an established brand or corporate house.

"Start-ups are going to be the Engines of Growth for 2015. The entrepreneurial spirit, backed by strong education, ample capital and economic policy support is going to be the engine that drives India into its next growth cycle," said, Vivek Madhukar, COO, TimesJobs.com.

In 2015, a large number of young professionals are going to decline lucrative corporate jobs to venture out into making their own dreams a reality. With a vision of the future, seven figure salaries are being turned down, for a stake in a start-up and the chance to make a difference.

While it is true that early stage start-ups might not be able to match the benefits given by big corporates, well-funded and successful start-ups can do so.

While large companies have intense detailing in terms of organisation structure and processes, in a start-up it is likely that one might be putting these in place. "Domain knowledge and prioritising work sensibly will help you sail through the long work hours," advised Saurabh Nigam, VP-HR, Snapdeal.com.

"Be ready to give it all you have if you are choosing a start-up over a large company. The industry is constantly looking for people who are passionate," said Upasana Nath, chief recruitment officer, Zomato.

Jobs in start-ups are increasingly attractive for candidates. While they offer great opportunities, there are pitfalls too.

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