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Click to edit Master title style www.wellingtone.co.uk What are you worth today?

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Presentation on theme: "Click to edit Master title style www.wellingtone.co.uk What are you worth today?"— Presentation transcript:

1 Click to edit Master title style www.wellingtone.co.uk What are you worth today?

2 Slide 2 Wellingtone Project Management Specialist Project Management Recruitment, Training & Consulting company All industry sectors. Across UK & internationally Member of the Recruitment & Employment Confederation (REC) Microsoft Gold Partner with Project & Portfolio Specialisation Association for Project Management (APM) Corporate Member APM Accredited Training Provider

3 Slide 3 Wellingtone and APM have formed a unique alliance to provide a career development service to the project management profession APM and Wellingtone will work towards providing high quality career development advice for the profession. It is great to be working with an APM Corporate member and accredited training provider with a clear track record in supporting project professionals throughout their careers Scott Walkinshaw, Director – Marketing & Communications, APM Wellingtone & APM Alliance

4 Slide 4 Our Clients The one thing they all have in common….they all run projects

5 Slide 5 Current Recruitment Conditions Confidence In August 2014, 40% of employers stated that things are starting to pick up now. In August 2013, this figure stood at 27%. The proportion of employers taking measures to reduce the cost of their workforce (redundancies, headcount freeze, reduced hours or pay) has fallen from 33% in August 2013 to 17% in August 2014. Positive Plans to Hire A net balance of 85% of employers state their intention to bring in new hires in the next three months. Three quarters (78%) of employers plan to add permanent headcount in the medium term (4-12 months) Source: REC JobsOutlook. Sept 2014

6 Slide 6 Project Management Trends Growth in recognition of best practice project management continues (example: legal profession) Establish or improve PMO….although some had their fingers burned PMO: an overhead, or a source for informed decision making & champion of project management? Agile….or agile?!?

7 Slide 7 NoJob TitleAverage Salary 1Project Manager - General£46,346 2Project Manager - IT£57,500 3Senior Project Manager - IT£74,250 4Project Manager – Banking Sector£55,250 5Project Manager – Manufacturing Sector£42,625 Project Manager Permanent Salaries Average Project Manager Salary £51,858

8 Slide 8 NoJob TitleAverage Salary 1Project Coordinator£33,200 2PMO Analyst£38,100 3PMO Manager£49,240 Other Project Management Roles

9 Slide 9 Project Manager Contract Rates NoJob TitleAverage Day Rate 1Project Manager - General£480 2Project Manager - IT£518 3Senior Project Manager - IT£640 4Project Manager – Banking Sector£600 5Project Manager – Manufacturing Sector£429

10 Slide 10 Other Project Management Roles NoJob TitleAverage Day Rate 1Project Coordinator£328 2PMO Analyst£345 3PMO Manager£432

11 Slide 11 www.glassdoor.co.uk NoJob TitleAverage Salary 1PM – Dept for Work & Pensions£42,871 2PM – Home Office£39,882 3PM – HMRC£48,496 4PM – Museum£35,570 5PM – Border Agency£41,773 6PM – Environment Agency£37,257 7PM – Cabinet Office£39,102 8PM – Dept of Health£50,228 Source: glassdoor.co.uk. Oct 2014

12 Slide 12 www.glassdoor.co.uk NoJob TitleAverage Salary 1PM – Deutsche Bank£67,892 2PM – Accenture£69,896 3PM – RBS£70,846 4PM – BT£40,393 5PM – Barclays£50,667 6PM – Network Rail£44,740 7PM – Hewlett Packard£41,156 8PM – Tesco£45,274 Source: glassdoor.co.uk. Oct 2014

13 Slide 13 If you are looking to recruit it is worth remembering that people looking for new roles cite their top 3 drivers (after salary): Flexible working hours Pension Good holiday entitlement (+25 days) Attracting Candidates

14 Slide 14 Contract & Interim Rates Paid £x / day basis Higher risk, higher reward What are you worth? Conversion Rule of Thumb: Divide permanent salary by 100 Then £40k = £400 / day

15 Slide 15 Contracting versus Permanent Contracting Higher Risk, Less Security No Benefits No Career Development Greater Flexibility Higher Income Broader Experience Permanent Lower Income Less Flexibility Lower Risk, More Security Benefits Career Development Sense of Belonging

16 Slide 16 Agencies….what to look out for…. Is it a genuine live role? Who is the hiring organisation. Has the agency placed there before? Are they on the Preferred Supplier List? What is the selection process? Have they asked for references…why? Contract roles…agency takes references. Perm role…hiring organisation takes references Using your references just to find new clients? Rate? Have they told you not to discuss rates during interview? Why? Lack of transparency? What is the agency fee?

17 Slide 17 What do these mean to you? Can you build a decent logically linked plan? Planning skills are poor Application of practical risk management Create a list….then cross my fingers?!

18 Slide 18 Your career Ensure you have ability to justify your title of Project Manager Recognise the skills of a Project Manager….do you have those skills? Gain appropriate qualifications…APM! Engage with your industry…APM Chapter Events and SIGs Look beyond the way of working in your organisation PM skills are very transferable

19 Slide 19 Please visit www.wellingtone.co.uk for more information about our services, register your CV & look through our vacancies …or go to www.apm.org.uk Wellingtone Project Management


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