| As candidate interest grows, recruiters must work harder |
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| | With year-end pay reviews having divided management consultants into the "content" and the "not-so-content", it is not surprising to learn that candidate interest in new consulting careers is up 18% on this time last year.
The range of consulting opportunities has ballooned in the intervening 12 month period, enticing an ever-growing number of management consultants to start assessing whether the grass might indeed be greener on the other side. Those that came off worst in the pay reviews have no reason to stay where they are; whilst those able to point to recent | |
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| | pages in the last month, yet the recent trend has also been for greater "window-shopping" before applications are made.
"Whereas in the recession years a recruiter would not have had to work hard to attract an application, now their offer must come across as being more attractive than a broad range of alternative openings," comments Top-Consultant director Tony Restell.
"Job postings are being seen by more consulting candidates than ever before, but uncompetitive £/$ salary packages or adverts that lack a real selling point for candidates are now far more likely to underperform than in the | |
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| | quieter years. Consultants know that their skills are in demand and they are being increasingly picky about the roles they will apply for," Restell adds.
The release of the 2006 Management Consultancy Salary Benchmarking report this week has left consultants in no doubt as to where they stand in their firm's pecking order.
Whilst for some the findings will cement the strong esteem in which they are held by their current employer, for others there will be the nagging doubt that they could be earning considerably more with another employer - | |
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| | fuelling their interest in new roles.
Adding to the pressure is the growing interest from blue-chip corporates in hiring ex-consultants onto their strategy or managerial teams. Amazon.com, BAA, Capital One, Coors, General Motors, Lehman Brothers and Royal Bank of Scotland are just some of the major brands that have been looking to fish from the same pool in recent days.
"With the UK and US economies both expected to achieve robust growth this year, there's every expectation that these trends will continue into 2007," concludes Restell.
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| | leaps in their remuneration know they will be in demand amongst headhunters.
The changing interest levels in alternative career paths is reflected in Top-Consultant.com's site usage patterns. Top-Consultant's 250,000 readers have become increasingly avid browsers of the jobs | |
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