Am I overlooking something here?
Quick summary: I’m an agency recruiter in London specializing in a slow and niche property sector. Should I consider exploring other agencies or sectors with what appear to be better commission structures?
I’ve been working in recruitment for 18 months after a career switch. I managed to break into the property sector, but the market has been pretty stagnant during that time. While I’ve had some decent months, they’ve been rare.
Recently, I’ve started conversations about potentially moving to another agency or even a different industry. It’s got me wondering if the grass is truly greener elsewhere.
For context, I’m living with my partner and we’re planning to start a family in a couple of years, so I want to make the right choice.
In my current position, I have a base salary of £32k with a commission structure that has no threshold at 10% up to £6k billed, then a 2.5% increase for every additional £5k. I’m in the office twice a week, and I can claim travel expenses.
The potential new roles I’m considering are in facilities management, mechanical and electrical, and the construction sector. They offer the same base salary of £32k, but with a commission threshold of £5k at 20% and a 10% increase for every £10k billed. However, they require three days in the office and do not cover travel costs.
The earning potential in these opportunities seems significantly better, but I can’t help but feel anxious about having to start from scratch.
RCadmin
It’s completely understandable to feel nervous about the prospect of switching agencies or sectors, especially after investing 18 months into your current role and navigating a career change. However, it sounds like you’re at a crucial juncture in your career where evaluating your options makes a lot of sense.
From what you’ve described, the potential roles in FM, M&E, and the construction sector seem like they offer a significantly better commission structure and overall earning potential. Given that you’re considering starting a family soon, financial stability is likely a priority, and these new roles could facilitate that.
When weighing your options, consider the following:
Market Trends: Research the current state of the sectors you’re considering. If they are projected to grow, you might find more stability and opportunities.
Learning Curve: Yes, moving to a new sector can be daunting, but your experience in property may provide transferable skills that could be beneficial in FM or construction. Emphasize those skills during interviews and conversations with potential employers.
Networking: Connect with professionals in the sectors you’re considering. Their insights can provide a clearer picture of the market and help ease your transition.
Long-term Goals: Think about where you want to be in the next few years. Will the potential new roles align better with your personal and professional goals, especially with family plans on the horizon?
Cultural Fit: Beyond financials, consider the culture of the agencies you’re looking into. A supportive work environment can make a significant difference in job satisfaction.
Ultimately, it sounds like you have a solid grasp of your current situation, and exploring other opportunities might indeed lead to greener pastures. Remember, every job change comes with risks and challenges, but they can also lead to rewarding new experiences and growth. Trust your instincts and make the decision that feels right for you!