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A recruiter's view on the job market for product management: layoffs, salary negotiations and hiring tips - with Doug Bates (Intelligent People)
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2023 seems to be a special year for the Tech job market. Layoffs made the headlines already in January, and several companies have followed this trend since. But is it really so? Is the tech market stuck? What does it take in 2023 to be a great Product leader, and to be noticed by recruiters? In this Podcast, I spoke with Doug Bates, director at Intelligent People, a boutique recruitment agency specializing in Product leadership positions.
Doug is optimistic about the current job market for product people, and he sees the same or higher number of job offers for the top candidates. Yet, product professionals have to know how to "sell themselves", with a recruiter receiving hundreds of CVs per day. We spoke about candidate employability, selling yourself as a product, and how negotiating your next salary.
Doug has plenty of great advice for hiring managers as well, to make the right hiring choices, and to business leaders and CEOs about the right moment to hire a CPO. We also discussed what is turning off the best product people in the market and how a solid product organization that reports to… product leaders is key to attracting talent.
You can find all the material that Doug mentioned in the Podcast here https://www.intelligentpeople.co.uk/
And you can contact Doug via email at DougBates@intelligentpeople.co.uk
To stay up-to-date with original Product content and thoughts:
- Follow me on Linkedin: https://www.linkedin.com/in/salvatorebocchetti/
- Bookmark our website: https://reasonableproduct.com
Chapters
1. Welcome and specializing in product exec search (00:00:35)
2. Layoffs and the current job market in tech (00:04:45)
3. Job market and salaries (00:07:57)
4. Companies becoming serious about product: the CPO role (00:14:11)
5. When to hire a CPO (00:21:17)
6. Hiring for vicarious success: Is previous company more important than skills? (00:27:00)
7. How to hire and how long it takes to hire a CPO (00:32:19)
8. How to get promoted in the Product ladder (00:35:15)
9. How to get noticed by recruiters and about your CV (00:37:58)
10. Salary negotiations (00:44:34)
11. Remote, local or hybrid (00:47:52)
12. How to invest in yourself and stay relevant (00:55:53)
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