It’s a Hot CTRM Job Market!

I recently wrote about inflationary pressures and the costs around CTRM. Yesterday, a conversation with Carl Vellenoweth of Commoditas validated and expanded those thoughts. Commoditas recruits’ technologists for the world’s leading commodity and finance organisations and so Carl has his finger on the hiring pulse of the industry. He immediately describes it as a ‘candidate-driven market’.  He describes the employment market as very hot now saying that candidates are calling the shots and “taking back control of their careers.” We have been hearing from vendors that hiring is difficult and that candidates often have high renumeration expectations. Carl confirmed this. “Everyone is doing something – building new software, doing data management, an implementation or a pilot and so on it seems. Candidates are on the market 4-5 days versus a month or more as was common just a 2-3 years ago. Salaries are crazy and what we are seeing is essentially a talent war!” Indeed, the last time we spoke the topic had been on the digital nomad contractor model emerging in the CTRM employment marketplace. Essentially, this model has become increasingly prevalent with experienced people adopting a contractor model to select the projects, locations, and conditions under which they… continue reading

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