web analytics
PPM-Insider-Newsroom

Arras People Presents PPM Insider White Paper on Quarter 2 Market Conditions

Arras People released their fourth PPM Insider white paper today regarding the current state of the project & programme management recruitment market in the UK.

The latest edition of PPM Insider points to a variety of discoveries about the market at large during Quarter 2 (Apr-June 2011). For one, project management personnel remain apprehensive about changing jobs despite the anticipated impacts of inflation, low pay rises, negative media and even fears about the true status of the economic recovery.

We once again pitted public versus private sector remuneration, learning that the long-held view that within the private sector sat greater worker pay and benefits might no longer be the reality. Using data from both the ONS and Policy Exchange, Arras People surmised that private sector pay needs a jolt in order to begin keeping pace with a recovering economy after cutbacks and sacrifices became a temporary norm only a few years ago.

Issue 4 also reveals that more candidates are refusing job offers in recent months than in previous quarters. The driving force seems to be candidates’ need to settle down into the “right role”, another perspective alteration that parallels recovery-based thinking. Employers’ ability to meet their recruitment requirements may suffer for increased job seeker self-confidence.

“This, linked with the lack of candidate churn, may well lead to increased recruitment costs and extended recruitment cycles for many potential employers,” PPM Insider reveals.

Managing Director John Thorpe traditionally collates the report for Arras People. He said recently, “The lack of churn in the market caused by ongoing fears and insecurity amongst candidates will have a significant impact on companies ability to fill open vacancies with appropriate talent over the coming months. Whilst there may be job seekers, this does not always equate to suitable talent. As such companies will have to review again how they can tempt people to change organisation and which channels will help them identify suitable talent in the programme and project management domain”.

The PPM Insider is a quarterly publication launched in November 2010 and produced by Arras People, the UK Specialists in Project & Programme Management Recruitment Services. The report features original data which has been collected and compiled by Arras People in order to produce the most up-to date picture of the UK’s PPM sector including salary and day rate data.

Copies of the report are available on subscription from Arras People. Those interested in receiving the quarterly paper should get in touch with Arras People via email at PPMI@arraspeople.co.uk. Alternatively, those interested in receiving a copy should go to http://www.arraspeople.co.uk/project-management-recruitment-agencies/project-management-salary-rates-salaries-ppminsider/ to learn more about this quarterly compendium of analysis of UK free market and PPM personnel.

Share