#CareerAdvice #Recruitment #DirectorRole #CareerGrowth
Hey fellow recruiters! 🌟 I have been considering pivoting into a Director role within a solid middle market firm to build out a Financial Recruiting team in a major metro market. I would still have a desk but also get to hire and lead a team of recruiters. Would love to hear your thoughts on this potential career move! 💼
Here are some key points to consider:
– Is transitioning into a Director role a natural step in my career progression?
– Would I benefit from being able to hire a team of experienced recruiters and get override on their billings?
– How do I weigh the potential increase in earnings from having a team of high-billing recruiters under me versus continuing as an individual contributor?
– Any insights or advice on making this decision would be greatly appreciated! 🤔
What do you think? Should I take the leap and embrace this new opportunity, or stick to what I know and continue on my current path? Share your thoughts and experiences below! 🌟
Go for it! Sounds like a good opportunity. What’s holding you back from saying yes?
Only you know the pros and cons. Weigh them out and make your decision based on each.
The first question you need to ask yourself is do you actually want to manage people? This question is even more important since you’ll still be running a desk. In my experience it’s difficult to be a top producer while managing a team. Perhaps you’re wired differently than I am but I could never put the needs of my team when I managed above my individual goals since I was still expected to run a full desk. It’s certainly doable as lots of people have done it, but it’s tricky.
If you do end up pulling the trigger, hopefully KF has some resources to help you. In my experience there isn’t usually much training for managers. I got a lot of value out of David Brock’s book, “Sales Manager Survival Guide.”
Depends entirely what you want from your career. If it’s purely financial then you need to think about the market, ease of hiring and retaining good billers, culture of the management at the new place and your own skills and ambitions.
Have you managed a team before? It can be very rewarding but it’s also a complete PITA. Especially if this is an entirely new finance desk. You will need a lot of energy to get that off the ground.
If the management are psychopaths and / or private equity owned there’s a chance of it being a waking nightmare in my experience BUT it can be excellent for your career, profile, network etc.
From what I’ve seen from people who went from individual contributor to manager or director – your own production will dip significantly if you have 3 or more people you’re managing. You’ll also be expected to support them at first by giving them jobs to work on if they are job short. Your drop in production can be offset by your teams billings and your piece of that, but if you’re building a team from scratch, you’ll get some duds that you sink time into and will either never bill and be gone and youre starting over with training, or need that typical ramp up time. If it were me, I would do it because having people management experience can open doors if you ever want to leave agency, but expect your earnings to take a hit in the first year or two until your team is fully established and self sufficient. Congrats on the promotion!