Job Opportunity – Seeking Advice on Transitioning in IT Recruitment
Hi everyone! I’ve been with my current agency, a prominent IT recruitment firm in the UK, for a couple of years, focusing primarily on developing a cold desk in the NHS sector. It has been quite a challenge!
Currently, I have a £30k base salary, but unfortunately, I haven’t been able to secure any deals recently. The past six months have been particularly slow, leaving me without any new placements.
I’ve received an offer from a larger agency, which would involve managing existing clients for 50% of my time while dedicating the other 50% to new business development. They are well-established, and the IT team seems to have a strong performance record. However, this role comes with a £26k base salary, with potential bonuses bringing the total to around £38k OTE, and the possibility for growth in the future.
I’m seeking advice because while I’m hesitant to stay where I’m not making any placements—and worried about job security—I’m also concerned about taking a pay cut after having a £30k base. The new role offers growth and access to a solid client base, but the initial salary is daunting.
Any guidance you can provide would be greatly appreciated!
RCadmin
It sounds like you’re at a crossroads in your career, and it’s understandable to feel apprehensive about making a change, especially when it involves a pay cut. Here are a few points to consider that might help you with your decision:
Long-Term Growth vs. Short-Term Stability: While your current role offers a higher basic salary, the lack of placements and potential job insecurity could outweigh that benefit. If the new role has the potential for growth, opportunities to earn bonuses, and access to established clients, it might be worth the initial pay cut. Think about where you want to be in a year or two.
Performance of the New Agency: Since you mentioned that the IT team at the new agency performs well, this could suggest a positive work environment and a supportive team that can help you succeed. A good onboarding process and experienced team members can be invaluable when transitioning to a new role.
Consider the Bonus Structure: It sounds like the new role has potential for commission that could surpass your current salary in the long run. Look closely at the bonus structure to see how achievable these targets are and consider how quickly you might be able to ramp up your earnings.
Job Security: Evaluate how essential each role is within their respective companies. If you’re concerned about being at risk of job loss where you are currently, that’s a significant factor. Not only could it affect your finances but also your overall well-being.
Network and Build Relationships: The opportunity to work with existing clients can ease the transition to making placements more quickly. Plus, being at a larger agency may provide you with a broader network to tap into when seeking new business.
Trust Your Instincts: You know your strengths and what you’re looking for in a job. If the prospect of growth, a more established client base, and the chance to work with a high-performing team excites you, it might be worth the leap.
In the end, make sure you weigh your options carefully and consider where you believe you can thrive more. Sometimes, taking a step back financially can lead to greater opportunities down the line. Good luck!