ZoomyPickle
ZoomyPickle

Market outlook & advice to PM's

Seeing a lot of people asking how the market for PM's is, and what they should do rn, so going to add my 2 cents from recent experience.

My ex-company (I left last week) was hiring for PM's whom I was personally profile-screening & conducting interviews for. This happened first 4 months back, and then again 2 weeks back (for my replacement).

The quality of candidates between then and now is dramatically different - there are way better PM candidates applying for the same roles & looking for a switch now, for various reasons.

There is a lot more supply than demand, and that's going to make competition quite cut-throat and difficult to convert opportunities. It's less about the job market and more about the bigger & better candidate pool.

My advice - Stick to roles that are within your current space/niche where you have a proven track record. Apply diligently & try to leverage your connections. Don't try to throw everything at the wall & see what sticks - it's likely that nothing will.

21mo ago
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CosmicSushi
CosmicSushi

Thanks for this! How would you suggest differentiating oneself in this market? Even getting beyond resume screening seems like a task at the moment.

ZoomyPickle
ZoomyPickle

I agree, it's tough. Tailoring your resume to the job, writing a solid cover letter, and adding proof of work are all value adds. Referrals are a good way to get a foot in the door as well.

For start-ups - cold emailing and hitting up co-founders on LinkedIn with persuasive messaging works.

CosmicSushi
CosmicSushi

Thank you, appreciate the post and your response.

JumpyHamster
JumpyHamster

What your background (industry) and YoE?

ZoomyPickle
ZoomyPickle

Industry is fintech. A slightly niche space within it.

Total YoE = 7, PM YoE = 2.5. Was in Consulting before that.

SnoozyNarwhal
SnoozyNarwhal

Completely agree with the current state of the market. Much better candidates than what was used to 6-9 months back.

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