9 in 10 employees would leave startup job for big company: Survey

Lack of work-life balance and insecurity about job and career path top the list of reasons to leave a startup job for a larger organisation, finds a JobBuzz study of 1,250 employees.

Would you leave your startup job for an established company?

75% junior and senior level professionals: Yes
52% middle-level professionals: Yes
90% employees based in metros willing to quit their startup job for an established company

96% employees in tier I and II cities willing to leave their startup job for an established company

Reasons for employees initially taking up a startup job
55%: Thrilled with idea of building a new venture
20%: Attracted by flexible work culture
20%: Higher salary
5%: For stock ownership plan (ESOP)

Concerns before taking up the offer
60%: Worried about risk of venture failing
35%: Concerned about taking up multiple roles
5%: Did not want to put in long hours

Not able to maintain work-life balance, said 4 in 10 employees
40%: Want to leave their startup job since they are not able to maintain a work-life balance
20%: Would get a higher salary in a bigger company
30%: Job security a concern
5%: Saw no growth or career path in the long run
5%: Have a status concern (being part of a big organisation is considered prestigious)