UK Project management recruitment specialists Arras People conducted a survey of over 1,000 current practitioners working in the field of project management, a growing sector in UK employment. The results show how the market has changed since 2000, and the key drivers in the sector today. View the article here
Once upon a time, job security and status meant a senior position with a major company, underpinned by several yearsí solid service. You could look forward to promotion, a decent pension, and lots of goodies, like cars, away days, courses and conferences. Not any more.
Key points from the survey:
Project Managers who shun the ìsecurityî of permanent employment can reap big rewards as contractors.
A significant shift from permanent to contract/interim employment in project management in the UK.
The market is highly competitive, with consequent downward pressures on rates in some sectors, and so there are winners and losers.
Project management pay is generally rising, or is it? A significant minority disagrees.
ìTitleî inflation (where everyone calls themselves ìa directorî) is rampant, but titles donít affect take home pay.
Employers are demanding professional accreditation, and the majority of respondents believe that accreditation will increase their earning power, though many question the validity or benefits of this requirement.
A growing number of people are working in the public sector.
Benefits for permanent employees have been stable if not slightly reduced since 2000 though people are anticipating a growth in 2006.
Download the full press release in a Word Doc here
Download the full published version of the Arras People Report (Acrobat pdf file -444 kb) here
Winners and Losers in Project Management
A survey of project managers in the UK reveals changing fortunes and pressures, with a massive switch from permanent to temporary/interim employment
