Why Freshers Should Reconsider Joining MNC Service-Based Companies
Many fresh graduates aspire to start their careers in multinational service-based companies, attracted by brand value, job security, and exposure. However, the reality often falls short of expectations. Here are ten reasons why joining an MNC service-based company as a fresher may not be the best choice:
1. Limited Skill Development
Most service-based MNCs assign freshers to maintenance or support roles, which involve repetitive tasks and offer little scope for learning cutting-edge technologies. This stagnates career growth in the long run.
2. Low Salary and Slow Growth
Despite working for reputed organizations, freshers receive minimal salary packages. Even after years of service, increments are often negligible, making financial growth a slow process.
3. Toxic Work Culture
Many service-based MNCs have high levels of office politics, favoritism, and a lack of appreciation for talent. This can lead to frustration, demotivation, and a toxic work environment.
4. Unstructured Training and Guidance
Freshers often receive basic training that doesn’t align with their project requirements. Additionally, mentors and seniors may be too busy with their own work to provide proper guidance.
5. Unclear Career Path
Employees are frequently shuffled between different projects without a structured career progression. This lack of direction can make it difficult for freshers to specialize and excel in a particular domain.
6. Unpaid Overtime and Workload Issues
Many service-based MNCs expect employees to work beyond official hours without additional compensation. The work-life balance is often disrupted due to tight deadlines and last-minute client demands.
7. Lack of Innovation and Creativity
Freshers joining service-based companies rarely get opportunities to work on innovative projects. Most work revolves around executing client requirements, leaving little room for creative problem-solving or research.
8. Few Onsite Opportunities
Unlike product-based companies, service-based MNCs have limited onsite opportunities. Even when available, these are often reserved for senior employees, making it hard for freshers to gain international exposure.
9. Job Insecurity and Bench Periods
Freshers often experience prolonged bench periods (without active projects), leading to uncertainty about job security. Some employees face sudden terminations due to project cancellations or client budget cuts.
10. Delayed Appraisal and Promotion Cycles
While promotions and salary hikes are standard in product-based companies, service-based MNCs tend to delay or minimize them. This slow growth affects long-term career progression.
Final Thoughts
While MNC service-based companies provide stability, they often fail to nurture fresh talent effectively. If career growth, skill enhancement, and job satisfaction are priorities, freshers should consider alternative paths like startups, product-based companies, or freelancing to gain valuable experience and faster career advancement.