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Arras People 2013 Benchmark Report on UK Project Management Market Released

PEOPLE NEWS

28 February 2013 – Haywood, Manchester, UK – Arras People, the project management recruitment specialists, have released their latest annual report on the UK’s market for Programme and Project Management Professionals. The report polled 1457 permanent and contract Programme and Project Management Professionals during January 2013.

project-management-benchmarkThe Project Management Benchmark Report (PMBR) 2013 shows how the UK’s economic turbulence is affecting project management practitioners’ earnings, aspirations and professional life.

2012 was a tough year for many practitioners and whilst the general feeling appears to be that 2013 is going to give us some more of the same, the majority view seems to be that the bottom may have been hit and the worst of the economic contraction is over. However the ongoing challenge of low (or no) income increments, limited new opportunities and a squeeze on salaries and day rates being offered mean that many of our respondents are feeling the strain as outgoings continue to rise. For many, austere times are well and truly upon us but as in any economic cycle there still appear to be those who are doing alright.

Some of the highlights of the PMBR include;

  • The number of PPM Practitioners who recorded themselves as unemployed dropped again this year to 9%, though it would appear that a switch to contracting is still a major influence on this figure.
  • 90% of Public sector workers see salary increases of 2% or less, certainly not enough to keep pace with inflation.
  • 33% of Private sector employees see salary increases >2%, up 9% on last year.
  • 21% of contractors see their day rates fall, whilst another 58% see no change in 2012.
  • Experience is rewarded! High end earners, both those employed and contractors, are doing best in the remuneration stakes as they were the most successful group in 2012.
  • A squeezed middle has occurred for contractors with lower day rates offering a double blow alongside fewer/shorter contract assignments.
  • Age, continues to be the ’ism that just won’t go away as some older practitioners feel the pressure.
  • The number of PPM practitioners receiving bonus payments grows, offering the question: “Is this the start of a new remuneration pattern of lower basic pay and shared rewards based on success?”
  • Despite everything, 71% of the PPM community enter 2013 with a smile on their face.

John Thorpe, Managing Director of Arras People commented, “Once again we have had great support from the UK Project Management community which has enabled us to create this the eighth annual report on the UK project management profession. The latest survey data adds to the repository of information which we can share with our clients and candidates in order to provide insights into what is happening in the market”

“The current report underlines the fact that the UK market is still providing many challenges for the majority of practitioners who once again saw sub inflation increases in their remuneration. Whilst job losses and those feeling under threat of redundancy continues to fall in overall terms, there are the ongoing challenges of doing more for less. The outlook for 2013 anticipates more of the same with low confidence that UK PLC will be firing on all cylinders any time soon. For many retaining an income is the number one priority and this means we can look forward to another year of low churn and low remuneration rises as people remain averse to the risk of changing role.”

The full version of the report can be downloaded from the Arras People Website from the 28th February 2013 at 6pm at http://www.arraspeople.co.uk/project-and-programme-management-resources/the-project-management-benchmark-report-from-arras-people-2013/

Arras People carried out an on-line survey in January 2013. Emails were sent to eligible respondents and 2140 responses were received, 11457 were UK based PPM practitioners.

Survey demographics-

  • Status – Employee 58%, Contractor 33%, Unemployed 9%
  • Gender – Male 72%, Female 27%
  • Age –  Under 34 19%,  35-49 47%, 50+312%
  • 46% from London & south east, the rest evenly distributed between the regions

Arras People is the Project Management Recruitment Division of Arras Services Ltd. Arras People provides programme and project management professionals and professional project office support personnel across all industry sectors, for either permanent, contract or interim positions.  Arras Services began trading in February 2002, and now provides its services to many of UK’s leading blue chip organisations in the UK, as well as public sector (central and local government), IT, engineering, marketing and media organizations, not for profit and charities.  Visit Arras People at www.arraspeople.co.uk.

Source: Arras People