UK Recruitment Glossary
Portfolio Career
In recruiter context
Increasingly common for senior professionals who want flexibility and multiple income streams, and for parents returning to work who don't want to commit to a single full-time role. UK tax treatment is complex — you may have multiple PAYE employments plus self-employment, requiring Self Assessment. The downside is benefits: no single employer offers full pension, holiday, or sick pay across the portfolio. The upside is resilience — losing one stream doesn't end your income, and the diversification often produces higher total earnings than any single role. Common portfolio splits: 3-day-a-week role + 1-day consulting; 2 part-time directorships + freelance; full-time + active side business.
Related terms
Flexible Working
A statutory UK right to request changes to your working hours, pattern, or location — from day one o…
Retained Search
An executive recruitment model where the employer pays the search firm an upfront fee, regardless of…
Salary Sacrifice
An arrangement where you give up part of your gross salary in exchange for a non-cash benefit, savin…
Overtime
Hours worked beyond your contracted hours, sometimes paid at an enhanced rate, sometimes expected un…