FE college assessor advice

[BellD]

I’m semi retired and as such went from running my own business for 20years to in Nov 24 starting to work as a specialist assessor in a FE college in an engineering department

It’s quite a specialist industry that I’m from and having come from industry with over 30 years knowledge and experience etc
It was quite a change teaching and assessing college apprentices !
Really enjoyable role and something very different and rewarding “giving something back” to the next generation of engineers

I started on a £50k salary and did my CAVA assessors course and my AET level 3 teaching qualification. I’m currently doing my IQA qualification and have now been asked to take the lead role of the department
There are 5 of us in a growing department
The offer is a £2.8k uplift and we are due a 3% rise in November as a cost of living increase.
The main issue is that I currently get a £6k after tax FE retention incentive payment to stay in education for the first 5 years
I’ve had 2 years worth of
So have effectively 3 x £6k left to take
Issue is if I take this role I will not have the accrued teaching hours each week to claim the payment so will effectively be taking a good drop in salary, for a lot more paperwork and responsibility.
The extra into 40% tax I was just going to put into pension (not teachers pension only around 5% contribution from employer)

It’s as said a very niche engineering position and there are literally no teachers or assessors around as most have retired or stayed in industry as the pay is a lot higher

I enjoy the 37 hours a week, working from home a lot and the 6 weeks paid leave. Oh and love the job
But, need advice on what to ask for as new salary as don’t really want to be out of pocket!

And advice welcome 🙏

[rog007]

Wonderful that you’re enjoying this role, so much so you’ve been offered promotion.

You’re describing a disincentive to accepting this role that one would assume your employer would also be aware of and really should have acknowledged up front.

That acknowledgement could have come with a plan to neutralise the disincentive at worst, and incentivised well at best.

If none of that has happened, then it’s time for a sit down and a chat over coffee to share your concerns. It may be that they have innocently overlooked this and you could be pleasantly surprised by their solution.

Personally, if it were possible, I’d honour those payments one way or t’other.

Good luck!