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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think it's time DH looked for a new career?

5 replies

Chocoholiday · 09/08/2012 08:10

DH has always worked in recruitment. In the good times he and his partner built a small company fast into a well-earning business with 20-odd employees. Then the recession hit. They downsized very quickly to 3-4 employees, kept going through CVA (basically, the company was bankrupt but could keep going by committing to regular payments to HMRC). His income was erratic. We otherwise lived off savings, then I got a job. Then his
partner left. DH kept going, renting an office and paying back debt, with just one colleague left. She didn't make any money, but because he's kind he'd agreed they'd split any earnings. Finally in May he decided to close the business down, move out of the office and let her go. Since then he's been working from home. He's very motivated, loves being his own boss, and works very hard. But there are slim pickings in his sector, deals often fall through at the last minute, and companies take ages to pay him. More often than not, he doesn't earn. Our savings are getting low. We've discussed him getting a different job, but he doesn't think he can get one in recruitment at his age, with such low recent earnings. Other things he could do, ie bike mechanic or gardener, are very low pay. And when he does do a deal he still earns well. But the insecurity of the situation is getting to me more and more. I love and respect him very much, but I'd really like him to have a regular income, even if it's low. We are lucky to have family who know our situation and will help if need be, but I'd rather not ask. AIBU to think he should try to change careers at this point, in the middle of a deep recession?

OP posts:
danteV · 09/08/2012 08:13

That's a really, really difficult one tbh.
I can advantages to both side.
Sorry, not much help.

HoleyGhost · 09/08/2012 08:21

Family income is the concern - could you also seek a better paid job?

Chocoholiday · 09/08/2012 08:34

Thanks - I'm p/t on a well-paid contract, but it doesn't cover our outgoings. The company is restructuring and have hinted they'd like me to apply for one of the new jobs, which will be full time but possibly a bit lower paid. Meanwhile I'm getting as much experience as I can, as my whole sector is going digital and I need to upgrade my skills. I do freelance work alongside, which is very unpredictable but at least I definitely get paid. This doubled my income last month, but because I worked full time DH was frustrated as he got left with a lot of childcare (summer holidays) at the same time as clients were asking him to find them candidates. It's the unpredictability of his job that gets to me - I guess I'm really asking if this could change in the current economic climate, or if we should just struggle on in the hope that things will improve soon. He's not stupid and knows me working F/t would be sensible, but because I work in the not for profit sector I still wouldn't make enough to cover all our costs.

Sorry for ranting - thanks for reading.

OP posts:
JumpingThroughHoops · 09/08/2012 08:45

Why doesnt he join a larger agency in the same field but keep his own business on the back burner?

HexagonalQueenOfEveything · 09/08/2012 08:51

I agree with jumpingthroughhoops. He could keep his business going at the same time as doing another job in the same field.

It would be a shame for him to just stop running his company when it has yielded good earnings for him in the past, and could potentially do again, unless the field of recruitment is a field that is becoming obselete?

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