1. Project Management Labor Market Trends
Jill Arehart, Professional Recruiter

2. 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
@TEKsystemsJill

3. 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

4. TEKsystems At A Glance

5. Current State of Project Management Employment in Michigan
2017

6. 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

7. 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)

8. Supply and Demand Report – Michigan

9. Supply and Demand Reports – Grand Rapids

10. 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

11. Job Postings by Company -- Michigan

12. What does it all mean?

13. 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

14. 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)

15. 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.

16. Value of Certifications

17. 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)

18. Supply and Demand Report – Michigan

19. Questions and Comments