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Heading into the second half of the year, it’s important that businesses hire product talent...
Heading into the second half of the year, it’s important that businesses hire product talent quickly and confidently in order to meet targets and deliver on end of year goals.
Recently updated for the second half of the year, our How to Hire report will give you all the information you need to know about hiring Product Managers before Christmas. This guide is a must-read for anyone hiring in H2.
The recruitment market was unusually frantic in 2022. All candidates – from Product Managers to CPOs – were inundated with job offers. This year, we have seen the recruitment market normalise with more candidates active on the market and searching for new product jobs.
While this shift makes hiring seem easier for employers, the new recruitment market presents different problems, including:
Are you facing these recruitment struggles? Our guide to product recruitment can help. Refreshed with new information for H2, this report sets out actionable takeaways – including up to date salaries – for employers to secure product talent in this new recruitment market.
According to our data, salaries saw a 20% increase between 2021 and 2022. Candidates moving roles this year are refusing to take a lower salary, meaning that we have seen salaries stagnating at this higher rate.
If you haven’t recruited product talent recently, it’s important to benchmark your salary expectations against the market average. This will make it easier to beat your competitors and secure your desired candidates first time. Our product salary guide will support you with this process for both permanent and temporary hires.
Are your product teams prepared for the new year? If not, it’s important to move quickly and confidently in order to secure new hires who will contribute to your EOY goals.
Or perhaps you need to hire contractors. While permanent hires need some time to train and settle into their new role, Interim Product Managers can come in and contribute to the team immediately. Accustomed to delivering results in such a short period of time, contractors are the perfect solution to hiring with tight deadlines.
3Search is a specialist digital recruitment agency in London, partnering with a variety of businesses to hire for permanent and contract product jobs.