What are you worth today?

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www.wellingtone.co.uk

What are you worth today?

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

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

Slide 4

Our Clients

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

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Current Recruitment ConditionsConfidence

• 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

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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?!?

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No Job Title Average Salary

1 Project Manager - General £46,346

2 Project Manager - IT £57,500

3 Senior Project Manager - IT £74,250

4 Project Manager – Banking Sector £55,250

5Project Manager – Manufacturing Sector

£42,625

Project Manager Permanent Salaries

Average Project Manager Salary £51,858

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No Job Title Average Salary

1 Project Coordinator £33,200

2 PMO Analyst £38,100

3 PMO Manager £49,240

Other Project Management Roles

Slide 9

Project Manager Contract Rates

No Job Title Average Day Rate

1 Project Manager - General £480

2 Project Manager - IT £518

3 Senior Project Manager - IT £640

4 Project Manager – Banking Sector £600

5Project Manager – Manufacturing Sector

£429

Slide 10

Other Project Management Roles

No Job Title Average Day Rate

1 Project Coordinator £328

2 PMO Analyst £345

3 PMO Manager £432

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www.glassdoor.co.uk

No Job Title Average Salary

1 PM – Dept for Work & Pensions £42,871

2 PM – Home Office £39,882

3 PM – HMRC £48,496

4 PM – Museum £35,570

5 PM – Border Agency £41,773

6 PM – Environment Agency £37,257

7 PM – Cabinet Office £39,102

8 PM – Dept of Health £50,228

Source: glassdoor.co.uk. Oct 2014

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www.glassdoor.co.uk

No Job Title Average Salary

1 PM – Deutsche Bank £67,892

2 PM – Accenture £69,896

3 PM – RBS £70,846

4 PM – BT £40,393

5 PM – Barclays £50,667

6 PM – Network Rail £44,740

7 PM – Hewlett Packard £41,156

8 PM – Tesco £45,274

Source: glassdoor.co.uk. Oct 2014

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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

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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

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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

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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?

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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?!

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

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