What are the advantages of working in a MNC company in India compared to a local private company?

The biggest advantage of MNC company for any employee are:- 1. They have fixed policies of hiring and firing thus job would be more stable compared to other private local companies. 2. growth potential in terms of increments, promotions and postings are better. 3. Better working environment. 4. More chances to work abroad. 5. It adds to your CV and becomes very advantageneous after few years of experience to join other organization at higher posts. If you are satisfied with the answer, select it as the best answer.

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Hi, 1. MNC's bring about competition in the foreign markets they venture in. Multinationals produce goods and services that adhere to the best possible standards. Since consumers are willing to spend their money on only the best products, local businesses are forced to improve on the quality of their products. 2. MNC's play a big role in creating employment in the foreign countries they venture in. Because of their massive operations, they employ many local people in those countries to work there. They also employ some to work in their headquarters, thereby giving foreign nationals a chance to gain international career exposure. This is especially important in developing countries where unemployment is high. 3. Multinationals usually have more money in terms of capitalization than local businesses. 4. Various countries have different laws regarding the movement of money from foreign businesses that operate in their jurisdiction. This results in capital outflow that harms the host country's economy in the long run. Feel free to revert. In case it resolves, close the thread by liking it or marking as best. Good Luck.

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