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Is it really a Candidates Market
John Thorpe, Arras People 10th October :30pm
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Is it really a Candidate Market
John Thorpe, Arras People What is a Candidate Market Current Economy PM Snapshot Results Conclusions
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Project Management Recruitment and Career Specialists
Arras People: Project Management Recruitment and Career Specialists Established 2002 Arras People are the UK’s Specialists in Project & Programme Management Recruitment. We are 100% focused on the recruitment of Programme and Project Management (PPM) practitioners across the UK and across all industry sectors. Find out more at:
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Typical Market Conditions
Recession Recovery Boom High Availability of People Depressed Remuneration Looking for 110% Fit No Training Budgets Low Churn Attract with Employment Reduced Availability of People Increasing Remuneration Looking for 100% Fit Some Training Budgets Increased Churn Attract with Remuneration Low Availability of People Increased Remuneration Looking for 80% Fit More Training Budgets Free Movement Attract with Money + Candidate Market For Some For More For Many
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10 Years of Unstable Market Conditions
Source: REC Report on Jobs
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Changing Market Conditions?
Source: REC Report on Jobs
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Reported Market Conditions:
The Market Today? Reported Market Conditions: UK unemployment at lowest since 1975 Vacancies being classified as “Hard to fill Employers reporting that they have increased starting salaries to attract talent Some employers increasing pay to retain staff. Overall pressure on pay is reported as modest Forecast suggesting to see an average 2.2% increase over next 12 months Workers who switch jobs in the past year have achieved an average increase of 11%, compared to the average of 2.5%.
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Opportunity to see what is happening in the PM Domain here in the UK
Arras People – UK Project Management Market Snapshot Opportunity to see what is happening in the PM Domain here in the UK Published Oct 2018
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PM Snapshot – Moved in 2018?
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PM Snapshot – Increasing Churn
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PM Snapshot – No Move 2018
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PM Snapshot – Moved in 2018
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PM Snapshot – 2018 Outlook
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PM Snapshot – Remuneration
Still good money to be had.
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PM Snapshot – Conclusions
Winners & Losers: Still a mixed picture Some movers getting ahead of remainers Some movers not getting any reward PM Pool not depleted: Unemployed still recording around 7% Local skill shortages - Practitioners not matching domain/skills required in market Many organisations still buying not building Pay Gap: Premium for In-Demand talent Premium for selected (at risk) practitioners Gap for remaining practitioners
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Yes No Are we operating in a Candidate Market?
In selected Domains or for Practitioners with in demand profiles. No For the majority as market uncertainty still abounds
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Project Management Recruitment and Career Specialists
Thank you Arras People: Project Management Recruitment and Career Specialists Find out more at: Download the 2018 PM Snapshot:
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