Project Management Labor Market Trends Jill Arehart, Professional Recruiter

Jill Arehart at a Glance Professional Recruiter at TEKsystems 12+ years in the West Michigan market Focus on Project Management and Business Analyst openings Member: PMI, WM PMI, MCAC PMI, Agile West Michigan, Mid Michigan Agile Group Contact Information: Linkedin.com/in/arehartjill jarehart@teksystems.com 616-974-1196 @TEKsystemsJill

IT Staffing Solutions IT Talent Management IT Services Meet TEKsystems TEKsystems specializes deploying the right people, the right way, to achieve business targets. Applications, network infrastructure, end user services and communications staffing to complement your in-house skills and capabilities IT Staffing Solutions Expertise that can attract, develop and retain the best IT professionals in order to help you achieve your business targets better, faster and more cost-effectively IT Talent Management Applications, Infrastructure, and Training and Education services that extend our partnership with you and deliver measurable business outcomes IT Services

TEKsystems At A Glance

Current State of Project Management Employment in Michigan 2017

Scope of the Labor Market While the condition of the labor market nationally has wavered, the IT industry has thrived. KEY: Overall Workforce IT Workforce Labor Force 159 million employed workers1 5 million employed IT workers1 In addition to the 5 million employed IT workers1, there are as many as 20 million hybrid business/IT professionals who do fit into a traditional IT category4 Business analyst Project manager While the condition of the labor market nationally has wavered, the IT industry has thrived. There are 145 million employed workers overall, including five million employed in IT. Temporary workers account for 10 percent of the current total workforce and 20 percent of the IT workforce. The unemployment rate is approximately 5.5 percent of all workers, whereas in IT this figure less than 2.5 percent of IT workers. In addition to the 5 million employed IT workers, there are as many as 20 million hybrid business/IT professionals who do not fit into a traditional IT category. Sources: 1(Bureau of Labor Statistics, 2014), 2(Staffing Industry Analysts, January 2011), 3(Gartner, February 2013), 4(Foote Partners LLC, January 2011)   Temporary Workers Account for: 10% of the current total workforce2 20% of the IT workforce3 Unemployment Rate: 4.7% Approximately for all workers2 2.9% Less than for all IT workers3 1 2

Employment Outlook On a year-over-year basis, IT employment grew by 3.1% since September 2015 adding 156,900 IT workers. (TechServe Alliance) While demand is not as robust in certain sectors and for some skill sets, there continues to be a chronic shortage for high demand IT skills including project managers. Overall unemployment rate for greater Grand Rapids, MI is 3.2%, with IT at 2.2% (BLS) Overall unemployment in Michigan is 3.7% (all occupations) (BLS) Globally, 15.7 million new PM jobs are forecasted to be created by 2020 (PMI.org) In the US, PM jobs are expected to grow 5% by 2024 (PMI.org) Top project management growth areas: healthcare, IoT, security and financial services (PMI.org)

Supply and Demand Report – Michigan

Supply and Demand Reports – Grand Rapids

Supply and Demand Report There are over 1,000 active IT PM candidates in MI (past 12 months) There have been over 8,000 job postings for IT PM candidates in MI (past 12 months) 94% of active candidates in the market have a bachelors degree or higher 71% of active candidates have more than 10 years of experience Job postings have risen over 300% since January of 2015 There are 7.94 job postings per worker

Job Postings by Company -- Michigan

What does it all mean?

Challenges in IT Staffing While demand continues to rise, there is a shortage of qualified talent—forcing organizations to compete 47% of IT hiring managers reported a lack of qualified talent lengthened their hiring process1 The five most difficult IT Positions/skills to fill2: Project Managers 1 Security 2 Architects 3 While demand continues to rise, there is a shortage of qualified talent—forcing organizations to compete. 47 percent of IT hiring managers reported a lack of qualified talent lengthened their hiring process The five most difficult IT positions/skills to fill Project Managers Security Architects Programmers and Developers BI/Big Data Sources: 1(Institute of Education Sciences, January 2013), 2(IT Reality Check Survey Q3 2014)   Programmers and Developers 4 BI / Big Data 5

Sourcing and Screening IT professionals expect the screening process to take no longer than one month. More than 80% of IT leaders view networking and recruiting firms as the most effective means to finding qualified candidates, while the use of job boards ranks near the bottom, at 43 percent. 82% of employees have updated their resume in the past six months1 59% of employees say they are looking for a job all the time1 More than 80 percent of IT leaders view networking and recruiting firms as the most effective means to finding qualified candidates, while the use of job boards ranks near the bottom, at 43 percent. 82 percent of employee’s have updated their resume in the past six months, and 59% say they are looking for a job all the time1 IT professionals expect the length of the screening process to take no longer than one month 1(Monster, 2014)

Know the Local Labor Market Half of all IT professionals say they will only commute up to 40 minutes to work each day,1 and 69% of all IT professionals say the commute is the number one concern when considering a career move.2 To make the best match, be aware of: the talent pool in your specific market what your competition can offer them TEKsystems assesses the context of each client opportunity specific to your local market. Half of all IT professionals say they will only commute up to 40 minutes to work each day. Sixty-nine percent of all IT professionals say the commute is the number one concern when considering a career move. To make the best match, you need to be aware of the talent pool in your specific market and what your competition can offer them. TEKsystems has over 5,000 recruiters based in nearly 150 locations worldwide. Source: 1(TEKsystems, December 2011) 2(TEKsystems, January 2012)   TEKsystems has 5,000 full-time employees and more than 100 locations throughout North America, Europe and Asia. Our teams are experts in their local IT labor markets.

Value of Certifications

Value of Certifications At its baseline, it appears the value of a certification is built upon the foundation of how valuable the core discipline is to the overall organization. One of the most concerning findings is the disconnect between leaders and professionals in regards to which phase of their career certifications provide the most value. Only 16 percent of professionals pursue certifications based on improving their hiring potential, yet IT leaders view certification as playing the most important role in the hiring stage. Less than one-third (31 percent) of leaders factor certifications into salary compensation – a reflection that IT leaders view the value of certification to be interwoven with job performance. The PMP certification is one of the top 7 highest- paying certifications (PMI.org)

Supply and Demand Report – Michigan

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