How Much Can A Professional Headhunter Earn?
Many graduate employers pay a salary only, i.e. without bonuses. Figures from the Higher Education Statistics Agency (HESA) states that the average graduate starting salary is £19,677 (this includes London). A successful graduate trainee Professional Headhunter should earn much more than a ‘typical’ graduate trainee job, within say banking or retail. Upon graduation at the end of their training year, earnings of £35,000+ are expected (at the very least).
5 of our Professional Headhunters have earned over £50,000 in only their 1st year after Training Academy graduation. Many ‘typical’ graduate jobs only offer a small pay rise in their 2nd and 3rd years. This can be as low as £500 in the 2nd year and £1000 in the 3rd year.
The main financial goals that graduates want to achieve in the 4 years after graduation i.e. at aged 25 are, and in this order:
This equates to £20,000 net per annum, which is approximately £26,200 gross income. Therefore, the graduate would need to leave untouched £26,200 of their gross salary for 4 years to retain a net amount of £80,000. (If graduated even later at aged 22, then the £80,000 net is consequently achieved even later at aged 26 as opposed to at aged 25).
Many graduates in ‘typical’ graduate jobs unfortunately will not get anywhere near this figure, and consequently only achieve the above standard of living, much closer to, or even later than, aged 30. It is therefore obvious why many graduates seek a career as a Professional Headhunter within a quality Search & Selection firm, which will greatly accelerate their income and therefore enable them to achieve financially independent status. It is not surprising that these ambitious career seekers prefer to get on the property ladder at aged 25, as opposed to aged 30, and ultimately, due to their continued high income, retire much earlier in later life. Many Professional Headhunters with 4 years + experience earn in excess of £100,000 annually.