I work in Compliance in the City and have been looking for a secondment for a little while as part of my development plan. To cut a long story short, I applied to the FSA for a role which was looking for 'secondees and permanent team members'. I've met with them twice and they have offered me the permanent role on Friday, the secondee role only applies to existing FSA employees - although this was not explained in the ad or interview .
The role would be perfect for a secondment, however in acepting it permanently will also mean accepting a 25% pay cut and well as a fairly substantial drop in grade. I'm one below Head of Compliance and manage a large team, report to Committees etc. I will not be a manager in the FSA role but a member of a managers team. The manager and HOD who interviewed me were v positive about my promotion, pay rise and bonus prospects over the next 18 months. I have to say that it is really the job of my dreams but as a single parent I can't quite believe the drop in salary (or status)
So I have the following questions:
- Do you believe the environment is secure enough at the FSA at the moment to take such a substantial pay/role cut? They have assured me that it is
- is it common do you think for people to enter the FSA to have taken pay cut in your experience?
- do you think that the manager and HoD comments are credible about the possibility getting back to previous salary levels in 18 months?
Your views would be greatly apreciated as I need to revert to them by Monday!