Market Snapshot: A heavily candidate-driven market which is requiring increasing patience and investment by employers.
Product managers are in high demand and are often seen as critical hires to enable business growth.
Industry-specific experience is critical. Employers are generally only looking for top-tier candidates, focusing on those already performing to a high standard within an existing iGaming role.
In 2020-21, product managers who stayed with their employer feel increasingly supported and few are motivated to leave. Understandably, job security and loyalty is highly valued.
Salary increases of 5-10% used to be enough to recruit. Now, employers can only confidently secure a hire by offering substantially more.
Hiring processes too often last for many weeks, and even months. This is the #1 cause of lost candidates.
Companies who are offering more flexibility around location are securing better candidates. Many candidates already think 'on the ground' work is a thing of the past. It's now not unusual to hire talent on consulting contracts, outside of jurisdiction.
Manage the hiring process effectively to keep candidates interested, and be prepared to pay more to secure an experienced hire.