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Wellingtone Project Management

Wellingtone Project Management. “ Advice from the recruitment front line; who’s recruiting, what are they paying, how do get that job…should I consider contracting? Vince Hines BSc MAPM MACostE MIoD MCTS; PRINCE2 Practitioner Managing Director. Recruitment. Training. Consultancy.

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Wellingtone Project Management

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  1. Wellingtone Project Management “Advice from the recruitment front line; who’s recruiting, what are they paying, how do get that job…should I consider contracting? Vince Hines BSc MAPM MACostE MIoD MCTS; PRINCE2 Practitioner Managing Director Recruitment Training Consultancy

  2. Wellingtone Project Management • Specialist Project Management Recruitment, Training & Consulting company • + 12 years experience • All industry sectors & across UK • On average 2 out of every 3 candidates we submit to our clients are invited to interview

  3. Our Clients • EDS • GE Money • GlaxoSmithKline • Johnson & Johnson • Westinghouse Rail • The Collinson Group • London Underground • Parsons Group International • UCB Homeloans • Interserve • Salford County Council • Dept for International Development • The Environment Agency • Land Securities • Cheshire Constabulary • Monsoon Accessorize • Ladbrokes • Standard Life • Clarks • Infratec • O2 • News International • The Boots Company • Save The Children • Oxford University • Columbus Insurance • Lego “Wellingtone helped us quickly recruit a Project Manager that matched our needs exactly. Thank you!” Head of Communications Save the Children “A very quick, friendly and professional service” HR Manager Security Industry Authority

  4. Recruitment Conditions Through 2009 • Recruitment pre-Q4 2008 +50 active vacancies. “Candidate driven” market • Through 2009 “redundancies” & “recruitment freeze” • Active vacancies fell to low of 10%

  5. Recruitment Behaviour Through 2009 • Approval for recruitment escalated • Slower recruitment cycle • Client expectations raised • Clients less flexible on negotiation • Migration from Contract to Fixed Term • Employed candidates reduced, lower supply of quality candidates

  6. Latest Recruitment Industry Data • Q1 ‘10 saw vacancies increase at sharpest rate since 2007 (permanent & contract) • Some return in confidence • Permanent recruitment grown since end Q1 ’10 • 30 to 40 live vacancies • Private sector driven • However……now some increased caution. Employers implementing head-count freezes up to 37% from 30% 

  7. Public Sector • Driving current caution • October Spending Review (publish on 20th Oct) • NHS accounts for 27% of public sector employment* • NHS employment increased across the UK in Q1 ’10* • Other areas saw decreases* * ONS data

  8. Medium Term View • Job losses in public sector • Private sector is recruiting….but confidence is taking a hit • Where are the project management opportunities: • Outsourcing • Business Transformation Programmes • Shared Services • Offshoring

  9. Project Management Trends • Recognising need to improve project selection – improved Portfolio Management • Demand for improved resource management • Drive to establishing / developing PMO / PSO to leverage benefits

  10. Trends in Project Management

  11. Project Management Salaries • How are salaries impacted? Average salaries for Project Managers • By industry • Permanent & Day Rate

  12. Project Manager • Responsibilities: • Deliver the project to time, cost and quality / scope priorities • Make timely decisions to enhance project success • Manage sponsor and user expectations • Define and plan the project • Monitor and control project progress • Build, lead and motivate project team • Communicate and act as primary point of contact • Skills & Experience • Formal qualification • 3 – 10 years experience

  13. Project Manager Permanent Salaries Average Project Manager Salary £48,600

  14. Other Project Management Roles Average 2008 Project Coordinator Salary £24,800

  15. Project Manager Contract & Interim Average Rates

  16. Other Project Management Roles

  17. Contract & Interim Rates • Paid £x / day basis • Higher risk, higher reward • What are you worth? Conversion Rule of Thumb • Divide permanent salary by 100 • Minus “E” (economic conditions variable) • E = 50, then £40k = £350 / day • pressure on E

  18. 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

  19. 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 • Engage with your industry • Look beyond the way of working in your organisation • PM skills are very transferable

  20. Wellingtone Project Management • Please visit www.wellingtone.co.ukfor more information about our services, register your CV & look through our vacancies • Download our latest white paper • Subscribe to PM News • Read our Recruitment Blog • Follow us on www.twitter.com/projectjobsuk

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