I have handed my notice in and I finish on Thursday. I work as a Recruitment Consultant and get about £16k pa plus bonus. I have been offered a job as an Estate Agent (my dream job - I've wanted to do it for years) and I have almost been offered (its 90% certain) another recruitment role for £18k plus bonus. I really, really want to accept the Estate Agency job but the salary is only £11,250 plus bonus.
I need to earn at least £15k pa in order to be able to pay all my outgoings, which I have already reduced to the minimum by cancelling the things I don't need.
What do I do? Do I decline the Estate Agency job in the hope that the recruitment role doesn't fall through, and get paid better money for a job I don't really want or do I through caution to the wind and go for my dream career and risk getting myself into financial difficulty? I am pretty sure I can earn great bonuses there but I hate having to rely on it!! I also have other applications pending...
2007-02-12 22:04:59 · 14 answers · asked by Rae 3 in Business & Finance ➔ Careers & Employment
despite this being your dream job, you clearly have expenses that have to be met and don't seem to have made provision for them. I know you have cancelled the things you don't need but have you put aside a pot of money to see you through. I don't think you're in a position to change to a lower paid position (forget the bonuses for the moment) until you have the security of a nest-egg to see you through for six months. This is a realistic estimate. OK you may do fantastically as an estate agent and earn lots of money BUT - and this is a big issue - the housing market is in a state of flux, high prices cannot be sustained and a downturn could be imminent. You cannot realistically apply yourself to a job if you are worried about paying the bills.
So I think you should stay on, put your nose to the grindstone and stash some money away and THEN try your luck as an estate agent, secure in the knowledge that you are covered if there's a downturn or a slow period.
Sorry, but I think you should follow your head on this, rather than your heart. There is nothing romantic about being heavily in debt!
2007-02-12 22:22:47 · answer #1 · answered by gorgeousfluffpot 5 · 1⤊ 0⤋
To be honest it all depends what is more important to you, money or job satisfaction.
I certainly wouldn't consider doing a job I really dislike just for the money unless it was a 2-3 months stepping stone to get to the job I really want.
You have said the Estate Agency is your dream job.
You have also said you wouldn't enjoy doing the Recruitment Consultant work.
I know what I would go for - don't think about the money - you will get great enjoyment from doing the work you want - you can learn to live within your means, and when the bonus amounts come in you can treat yourself some more.
Do the right thing for your own happiness - that is what is more important.
Turning your dream job down will make you feel down I think.
Do the Recruitment job even though it is more money will also make you feel down I think. Makes sense to take the dream job to me.
2007-02-12 22:19:38 · answer #2 · answered by Jewel 6 · 0⤊ 0⤋
Money isn't everything and following your dream is the best way to find happiness, can you taker on a second job until you are sure you will meet your targets? If the salary at the estate agents is going to increase (is 11k a training wage?) then take it and good luck if it is always going to be that low find more ways to cut your outgoings. Failing that take the high paid job and save up until you have enough money to start your own estate agency. What is better than being your own boss. Good luck.
2007-02-12 22:14:20 · answer #3 · answered by sally s 2 · 0⤊ 0⤋
If you've already cut your expenses to a minimum and that figure is more than the Estate Agency job you've already answered your question unless you can and would take 2 jobs. If that's the case could you work part time with the Estate Agency until you are earning what you need? Good luck.
2007-02-12 22:11:02 · answer #4 · answered by Neeta 3 · 0⤊ 0⤋
you only live this life once and an opportunity like this may never come along again.
the truth is if you can't earn the bonuses, which come when selling houses, then you obviously don't belong in this career, give it a try for say six months, you'll know by then and won't be in too much debt to deal with if you fail and need to go back to the other role. in the meantime, do you have a spare room you could rent out? bring in a little extra cash.
like I said, you only live once and it's a long life already filled with sooo much regret, do you really want to be regretting this to?
2007-02-12 22:18:19 · answer #5 · answered by Anonymous · 0⤊ 0⤋
if you have a lot of savings that you would be able to live on for a while, then take the estate agency job and try to get them to pay you more money. Or if you don't have savings take the other job because otherwise you will not have enough money to live on.
2007-02-12 22:17:23 · answer #6 · answered by Klick 5 · 0⤊ 0⤋
that is quite a big drop in salary but if it is your dream job then it would probably be worth it in the long run. what are the prospects for you there? i saw an advertisement for an estate agent a few weeks ago and it was for 20k or something so im guessing that after training etc your salary would be increased? there is nothing worse than being in a job you hate but it totally depends on if your salary will be increased etc.
2007-02-12 22:13:39 · answer #7 · answered by Anonymous · 0⤊ 0⤋
i think one thing you should consider is cost and standard of life.. i don't know where you are currently but you could be making 75k in NYC but live like a pauper or you could be in north carolina w/ 75k and live like a king... how much will your dollar go in both places??? is your current company subsidizing your education; if they are, then you can count that as a big bonus?? maybe more... i think your decision should be centered around cost and benefits... how long will grad school last?? 2-years??? can you stick it out in 2-years, get your degree and make another 20k more?!?! would going to the bigger company guarntee a faster career path or is it the same on both ends? lots of questions and i think you probably know best... talk to your parents, friends, they will all give you suggestions but ultimately it is your life and you should go with your gut and never regert the decision! good luck.
2016-03-29 04:38:29 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Nothing lost in asking the Estate agents if they can increase the salary a bit. They obviously want you for the job, explain your predicament to them. If they want you they may decide to raise the basic salary. If you phrase it in such a way so as not to close the door if they say no, you still have both options open.
2007-02-12 22:15:33 · answer #9 · answered by Anonymous · 0⤊ 0⤋
90 % sounds good but unless you get it you haven't got it.
Your dream job may pay more down the road after you get established in it. Do the promotions and keeping the job look promising? Sometimes later you are disappointed if you don't follow your heart.
Good luck. I hope you make the best decision for YOU.
2007-02-12 22:31:17 · answer #10 · answered by Barbra 6 · 0⤊ 0⤋