BeecherMadden Cyber Security Recruitment Trends 2012

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1 BeecherMadden Cyber Security Recruitment Trends 2012 Search & Selection Permanent Resource Interim & Contract Talent & Career Services

2 Summary Hiring within the cyber security arena has increased significantly over the past 2 years. The increase is largely within the permanent market place and is driven by consulting firms as they grow new practices in this area. In 2011 we noted that redundancy programmes had released talent into the market who had not moved roles for some time. This trend has decreased in 2012, with candidates typically moving for career progression. Hiring managers are more selective and the war for talent has intensified as companies try to attract the best talent. The following provides an insight into the expectations of passive and active candidates in this market. The majority of the responders have between 7 and 20 years experience and identified themselves as Consultant or Manager grade. Years of cyber security experience from responders years 4-7 years 7-12 years years 20 years+

3 Cyber Security Salaries Lowest and maximum salary, aligned to job title and years of experience from responders Job title Years of experience Salary bands Analyst / Associate ,000-45,000 Manager ,000-68,000 Senior Manager ,000-97,000 Director , ,000 Head of , ,000 Global Head , ,000 C Level Director / Partner , ,000

4 Changing Roles Work-life balance and flexible working are down on last year as a reason for moving, with career progression back on the top spot. 41% of responders have flexi-working as a current benefit, an increase from The ability to work from home is an important driver for candidates with more expecting this flexibility from their employer. With a number of reports showing that flexi-working increases productivity, this is increasingly important with candidates and should be reviewed by companies where possible. An increase in salary was the second most popular reason for moving roles, perhaps a consequence of required career progression. There was relative parity in the amount of responders expecting to move to the job grade above where they had identified themselves. And relative parity in their expected next salary. Better Work-Life Balance Flexible Working Improved Benefits Package Increased Basic Salary Different Team / Company Culture Different Location Different Industry Extra Responsibility Career Progression Reason for changing roles

5 Next Role Of most interest to BeecherMadden was how candidates expected to get their next role. Almost 60% of responders said they expected to get their next role from either a specialist recruitment firm, or a headhunting firm. Companies who employ a direct recruitment model would typically use their own website, industry press and a PSL, often made up of generalist recruitment agencies. Only 8% of responders would use one of these sources. While allowing for a disproportionate response as BeecherMadden was collecting the answers, this still provides an overwhelming reason to use a specialist recruitment agency. Sourcing your next role Internal Promotion Own Network 23% 4% 4% 5% Generic Job Board e.g. Monster, Jobsite 20% Industry Specific Job Board e.g. LinkedIn Group Company Website / Direct Advertising 36% 4% 2% 2% Newspapers / Industry Press Generalist Recruitment Agency Specialist Recruitment Agency Headhunting Firm

6 Expected Job Title 1% Percentage of responders 13% 15% Analyst 8% Manager Senior Manager 18% Director Head Of Global Head C-level Director 33% 12%

7 Contact Us Discuss your recruitment needs and career opportunities: Head office: BeecherMadden Ltd, 3 Lloyds Avenue, London, EC3N 3DS Phone: +44(0) Facebook: LinkedIn: IPhone App: Web: linkedin.com/company/beechermadden Source Cyber Security market information was collected throughout 2012, via open requests, interviews and salary survey questionnaires. We thank all who offered, confidentially, the information which BeecherMadden used to compile the results. Permanent Search & Selection Contract & Interim Recruitment Solutions Risk Resilience & Security Operations Niche Technology

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