Recruitment Career Change

recruiter27

Hello All,

I work as a Recruitment Consultant at one of the big Agencies and after a few years slog I am finally towards the top and reaping some good rewards now.

However, despite this I can't help looking at the money I will bill for my company (£500k+ p/a) and thinking that I should be due a bit more than around a fifth of that.

I have been speaking with another much smaller agency who will offer me a reasonable guarantee for the first 6 months (since I do contract and would start again at 0) on top a much more lucrative commission structure, if I was billing the same money I would be in for about 15k commission per month, which more than doubles what I get currently.

The decision is so difficult because the agency is smaller and as such has less resources, the question is if I will be able to perform as well and make the same money?

The other big considerations are that I am due around 20K worth of shares at the current company but would have to stay until late next year to get them, also I will lose a company car and have to pay for my own...

The third option I have been considering, is the possibility of setting up on my own (or with a colleague) if anyone has experience of doing this I would be keen to hear from them, I don't have any significant cash to do it with and I would be interested to hear about the set up and running costs. I am reluctant to take this particular leap right now because I also have a mortgage!

Quite confused as you can see, any pearls of wisdom out there!?

Dunroamin

If you earn £110k a year, shouldn't it be possible to get some capital behind you to set up on your own?

recruiter27

Thanks for the reply, you would think so wouldn't you!?

Truth be told, I haven't been on this kind of money for very long, I started the year on quite a lot less. Also in the past 12 months I have bought a house and have an upcoming wedding to pay for, so building capital is difficult.

The significant other is also quite anti the set up on my own option too!

directdebiter

If you have built a good client base and are reaping the rewards why move on? Everyone always feels they should have a bigger slice of the pie when they are doing well. However I am sure your current company has invested in you and their brand to generate this business.

But dont think about the next year or two think about the next five. Setting up on your own isnt an instant win but alot of hard work that will be pay dividends potentially in the longer term. Its better to be in control of your own destiny and you will get 100 x satisfaction on your own.