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What are you worth today?

What are you worth today?. Wellingtone Project Management. Specialist Project Management Recruitment, Training & Consulting company All industry sectors. Across UK & internationally Member of the Recruitment & Employment Confederation (REC)

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What are you worth today?

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  1. What are you worth today?

  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. Wellingtone & APM Alliance 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

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

  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. 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. Project Manager Permanent Salaries Average Project Manager Salary £51,858

  8. Other Project Management Roles

  9. Project Manager Contract Rates

  10. Other Project Management Roles

  11. www.glassdoor.co.uk Source: glassdoor.co.uk. Oct 2014

  12. www.glassdoor.co.uk Source: glassdoor.co.uk. Oct 2014

  13. Attracting Candidates • 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)

  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. 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. 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. 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. 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. Wellingtone Project Management • 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

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