FinTech Futures Jobs: How to make a bold career move pay off
We’ve heard of the “great resignation”, we’re coming to terms with the “great attrition” and research companies have been clear that the future of work is changing. But has it occurred to you that your professional future remains in your hands? By taking advantage of the tight labour market and skills shortage, savvy workers can make bold career moves that pay off both professionally and financially.
Covid gave the workforce an opportunity to get off the hamster wheel and look at what really matters to them in terms of employment, work life balance and future opportunities – with workplace happiness and societal contribution becoming more important than ever before.
Currently, 80% of UK workers want their jobs to have more meaning, while 65% are actively looking for a role that provides a greater sense of satisfaction, according to the StandOut CV research. But what if that satisfaction is to be found elsewhere – like in an entirely different industry? If you’ve been working in your current sector for more than ten years the chances are that you have peaked, professionally.
Non-traditional experience
This doesn’t mean opportunities for progression are gone, in fact just the opposite. Recognising that you have peaked in one industry is an opportunity to take your years of experience to another growing industry where there’s room for progression, perhaps a shortage of senior talent – and therefore the opportunity for a hefty salary increase.
Results from a recent PWC survey show that 48% of companies are actively looking to move away from a reliance on the institutional knowledge of their workers, opening roles up to those with non-traditional sector experience. Add to this the fact that very often a move into a new sector comes with an average salary increase of 15-20% – slightly higher if you move into a hero sector such as tech or healthcare – and you soon see that switching sectors becomes a viable option for career progression.
Interested? Here’s how to identify your new sector, and make the switch as seamlessly as possible.
Create an elevator pitch
Why do you want to move and why this industry? What skills are transferable? If you want to convince a hiring manager that your skillset is transferable you need to believe it yourself. Be honest about your reasons for moving and do industry research so you can show an understanding of future opportunities and challenges that your skill set will solve. You’re selling yourself, so create a short and snappy elevator pitch.
Be industry agnostic
If you know you want a change, but don’t immediately recognise which industry you want to switch to, then adopt an industry agnostic approach. This is where you remain open to all opportunities, and find your perfect fit by aligning your skill set with those required to succeed in specific industries. Leave bias behind and remain open to all.
Find a stepping stone
Think of your career move as a stepping stone to get you from your current position to your dream role in a new industry. The stepping stone role needs to round out your skillset, provide an opportunity to acclimatise to your new industry, network and show that your skills are transferable. It also helps hiring managers who may not have the imagination to recognise transferable skills picture you in a new role.
Ready to make the switch? We’ve found three companies currently operating in growing sectors that are hiring across a number of roles and disciplines. And there are plenty more opportunities currently available on the FinTech Futures Job Board.
eClerx
eClerx is currently hiring for a number of roles in its London office across data analysis, talent management and accounting. The company provides insights to Fortune 500 companies operating in the digital financial space. From Revolut to Monzo, how and when we bank has changed and as traditional institutions struggle to keep up with market disruptors, companies like eClerx offer growth and progression opportunities for those interested in fintech.
Check out all open vacancies at eClerx.
UnitedHealth Group
Optum is a leading information and technology-enabled health services business and a fast-growing part of UnitedHealth Group. It is currently hiring for fully remote roles across engineering, actuarial science and technical support. Post-Covid the healthcare sector is experiencing an increase in employment and these roles are likely to remain and create new opportunities as they develop.
Browse vacant roles within UnitedHealth Group.
John Lewis & Partners
Currently recruiting across marketing, SEO, and engineering roles John Lewis is one of the UK’s leading retailers and employs over 29,000 across its stores and departments. Retail is currently one of the most dynamic employment sectors, and as such, more and more tech and marketing professionals are moving towards the sector as they see the potential for career progression in a rapidly changing industry.
Explore all opportunities at John Lewis.