Leaving a job without another job?!

Have you ever left a job without another job at the ready? Would you consider doing so? We explore which professionals are most likely to say ‘yes’ to these questions and share some advice…

While still among the minority, more than 1 in 10 British employees (13%) are willing to leave their current job without having their next job lined up.

It appears that certain groups of professionals are more likely to take a risk. These include:

  1. PR and Marketing (22%)
  2. Sales personnel (21.7%)
  3. Manual labourers (18.9%)
  4. Retail employees (18.8%)
  5. Civil servants (17.7%)
  6. Accounts professionals (17.7%)
  7. Lawyers (17.6%)
  8. Teachers (17.2%)
  9. Operations employees (17%)
  10. And Finance professionals (16.1%)

The researchers also found that:

  • Employees aged 25 to 34 are among the most prepared to leave a role without another job at the ready.
  • Those in the 55 to 64-year-old age group are the least likely to do this.
  • Men are more likely to take a risk without knowing what they’re doing next.
  • However, women are marginally more prepared to leave their current job if they do know what they are going to do.

Should you take the risk and leave your job without another job at the ready?

  • In the vast majority of cases, the answer to this question is no! The jobs market is naturally unpredictable. Even with a wealth of experience and a wonderful personality, you may struggle to secure work as quickly as you hope. Especially if you work within a competitive industry.
  • By commencing your job search alongside your current role, you can enjoy your increased financial security while maintaining a ‘consistent’ CV.
  • There are, of course, some special circumstances. For instance, if you’re in the highly fortunate position of being able to financially support yourself for a potentially extended period of time. Even in this case, it’s advisable to follow Forbes’ approach – only take the leap if you have some sort of plan lined up. Even if this plan involves taking a break to travel, volunteer, study or take some ‘dedicated time for your job search.’
  • There are also occasions in which you won’t have much choice, for instance through redundancy, relocation and similar. In these times, specialist advice becomes all the more valuable. Seek out REC-accredited recruitment agencies that cater to your industry. We have long been proud members!
  • Remember, recruiters and employers pay close attention to your CV. It’s worth detailing your career breaks and any associated skills and achievements. For instance, courses undertaken to further your industry credentials, voluntary experiences, etc.
  • Temping can also enhance your CV through these periods, as well as introducing you to a variety of local employers/industries. While you can’t guarantee that you will find temp work immediately, employers are often looking for people who are readily available. Due to how quickly temp opportunities are filled, you may not see many temporary opportunities listed at any one time. Your best bet is to submit your CV to a suitable recruitment agency and keep in touch regarding any opportunities.

You can apply for the latest temporary, contract and/or permanent vacancies via our jobs pageCV upload, or by email. Here’s what to include in your cover email for the latter!



Fantastic reasons to work in finance

How the finance and financial services industries are leading the way, according to three recent news reports.

This is promising reading for anyone considering a new job or career within these sectors – which have long served as prominent local employers.

1) Training and development potential

The finance sector currently tops the list for professions providing training and skills development opportunities.

  • Finance scored 88%
  • The rest of the top five included: HR/recruitment (82%)
  • Civil servant roles (81%)
  • Law (78%)
  • And Accounts (77%)

In addition, you’ll see that other great commercial office employers receive top ten scores.

This is all the more impressive when you consider that almost 1/3 of businesses do not offer any employee training or development. We discuss some of the reasons why this is the case here.

2) Fastest growing sectors for women

Finance and financial services also appear in the ‘top ten fastest growing industries for women‘.

This data explores the rate of growth over the 20-year period from 1998 to 2018.

  • ‘Support for finance and insurance’ has increased by 124.18%, which places these industries in 9th position.
  • Other high-scoring roles, such as head office management (showing a 191.27% increase) and Information services (up 146.15%) could be conducted both within and outside of these sectors.

3) Workplace happiness

The industry once again scores in the top ten of the ‘Workplace Happiness League Table‘.

  • Finance achieves a 68% score for employees who rank themselves as ‘happy or very happy’ in their jobs.
  • Legal, IT and telecoms, property, media/communications and the medical industries all also score impressively.

80% of people rank happiness as ‘important’ at work, versus 58% for salary, according to the survey. Another fantastic reason to work within this sector!

You can find our latest finance jobs here and financial services roles here. Do keep an eye on the jobs listings page in general, as it’s regularly refreshed with new opportunities. 

Read next: is salary the most important factor in your job search?