Job Insight Report for Q3

In my Q2 Market Insight Report I outlined the positive market growth that we’d been seeing in 2024. Now, accompanying this growth and just as welcome, is the overwhelming feeling of stability that we’re experiencing over the same period.

I don’t want to tempt fate, but even if growth is relatively muted, continued stability offers the opportunity for long-term decision making. this is critical for sustainable growth and subsequently provides an environment conducive to employees developing their skillsets and setting themselves up for continued career progression.

Thankfully, these projections of ‘stability’ aren’t just based on my gutfeel as what we’re seeing in the market appears to back this up. As discussed in my previous report, there was a weighting towards sales jobs which was indicative of more opportunistic growth, whereas what we’ve seen over the last few months is a steady increase in the number of marketing roles which suggests businesses are seeking strategic growth to underpin their commercial gains.

This lends towards a more balanced commercial job space on the back of this we should see growth in the senior end of the market which for so long has had to take a back seat.

This provides the much-needed opportunity for those looking to take their next steps along the corporate ladder, but for those who are seeking to future proof their CV’s to ensure they will be best positioned to take advantage of a market shift, there are a few things they should be considering.

Despite many businesses publicly heralding the modern world of work epitomised by phrases such as ‘work-life balance’ and ‘remote working’, underpinned by more frequent job moves; the senior leaders and business owners I speak to don’t always align with this sentiment.

With average job tenures for millennials at 2 years, 9 months and Gen-Z at 2 years and 3 months, compared to the 5 years and 2 months for their Gen-X counterparts, some feel that the next influx of senior leaders don’t have the grit and determination to demonstrate they can weather the storm if times get hard.

Those looking to exploit a market that is growing at a senior level will need to dispel these concerns by providing demonstrable skills and experience that they are an exception to their peers.

I appreciate that this will be an unpopular opinion, and please don’t shoot the messenger, but based on the conversations I frequently have, a candidate who can prove they have attributes such as resilience and tenacity will trump the modern profile that is represented by frequent, albeit progressive career moves.

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