Vince HinesManaging DirectorWellingtone Project Management
Topics
Data sources
Market Confidence
What does this mean for me?
Career Tips
Salaries Contract Rates
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Wellingtone Project Management
Consulting
Microsoft Project Online
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Interim & Contract Recruitment
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All Verticals Multi-National PPM – Consulting - Training
Our Clients…
Wellingtone working with the APM
Wellingtone & the APM
APM has chosen to work with Wellingtone to provide project management career development advice through blog posts and articles in Project journal. Wellingtone are also sponsoring the APM salary survey.
The APM Salary and Market Trends Survey 2016
“Boom, bust or Brexit there are always new opportunities for project professionals.
Project professionals continue to enjoy high levels of satisfaction with 82 per cent either fairly satisfied or very satisfied in their current role; five per cent up from last year.”
Steve Wake, APM Chairman
2016 compared to 2015
Nearly 5,000 project professionals took part in the study, making it the largest project management salary study to date
Survey undertaken April 2016. Published August 2016
Who took part?
75%
Average Salary
Salary by Job Title
Salary by Region & Age
Day Rates
£400 to £499 is the most common band
Overall average is £492
Contract Length
25% of those surveyed have been a contractor for 1 to 3 years
Nearly half have been a contractor for over 5 years
87% operate their own Limited company
Most common scenario is for client to setup 6 month contracts irrelevant of project duration
Job Satisfaction
Market Confidence
Employee or contractor?
Contracting
Higher Risk, Less Security
No Benefits
No Career Development
Greater Flexibility
Higher Income
Broader Experience
Employee
Lower Income
Less Flexibility
Lower Risk, More Security
Benefits
Career Development
Sense of Belonging
What’s my day rate?
Paid £x / day basis
Higher risk, higher reward
What are you worth? Conversion Rule of Thumb:
Divide permanent salary by 100
Then £46k = £460 / day
What's your minimum? What is a realistic target?
Working with Agencies
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?
Career Tips
Engage & look beyond your organisation and ways of working
Your skills are highly transferrable
Is this career right for me?
Qualifications
Engage with us
Come talk to us
Submit your CV Register for our technology Webinars
http://www.linkedin.com/company/wellingtone/
http://www.youtube.com/WellingtonePPM
https://twitter.com/wellingtoneLtd
https://plus.google.com/+WellingtoneCoUk
Thank YouVince Hines
Managing Director