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Moving into the charity sector from the private sector

21 January 2015

With government cuts affecting many of the impoverished and most vulnerable in society, the role of charities in the UK has never been more important, and effective fundraising is a vital central function to the survival and growth of charities.

Additionally, reductions in public funding for charitable organisations has led to an increased  need for more aggressive and forward-thinking fundraising strategies. There is now also a large demand for candidates who can apply a commercial mindset to fundraising roles.
 

Transferable skills

This need for a more competitive fundraising strategy has made many of the skills that are synonymous with the commercial sector particularly sought-after for charity jobs.

The communication skills and the ability to build relationships that has been developed within the private sector will be of significant benefit if you are looking to build a new career in fundraising. Project management and forward financial planning are two further transferable skills that are a prerequisite for success in a charity fundraising role.

Additional value of the private sector candidate to any charity organisation is the fresh perspective alongside the commercial experience that can revitalise their fundraising strategies and boost operational efficiency.
 

What are the benefits?

The primary benefit of working as a fundraiser within the charity sector is the sense of fulfilment that the job offers. Helping less fortunate, disadvantaged or vulnerable people means that you can go into work every day in the knowledge that you are making a real difference to the world around you, and this sort of job satisfaction is not available in any other career.

The charity sector can also provide a more relaxed working environment, often with a casual dress code, shorter and more flexible working hours, making it ideal for candidates who are looking to start a family or perhaps move into a sector that is more personally rewarding rather than frenetic and fast-paced.

Many of the charity and fundraising positions we recruit for at Morgan Hunt offer an incredibly varied working life where no two days are the same.

If you'd like to find out more about how we can help you make the move into the charity sector, get in touch.

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Tips for your fundraising job search

20 January 2015

The benefits and sense of fulfillment on offer for those working in the charity sector means that competition for charity jobs – particularity fundraising roles – is high.

If you’re looking to progress your career in fundraising, it’s vital that you adopt the right strategy for your job search to maxmimise your chance of success.

To help ensure you’re on the right track, we’ve provided some handy tips.


Determine your career goals and preferences for your next role

  • Decide what your long-term career goals are:
    • Where do you want to be in 5 or 10 years’ time? Do you see yourself working for a well established international organisation, specialising in a particular fundraising function; or perhaps you’d prefer to work for a small, lesser known charity, heading up the fundraising division to develop and establish the brand?
    • How will you work towards that goal as you progress your career - what path do you need to take and what experience will you need to gain to get there?
  • Make your search as targeted as possible and consider your job preferences:
    • Think about the size and type of charity you want to work for;
    • Pull together a list of charities (5-10 at the most) in which you would want to progress your career;
    • Do some research on what type of fundraising role/function would best suit you and your career goals.
  • The key is to be specific - but also realistic - when setting your preferences for your next job.


Maintain an up-to-date CV

  • You should aim to review your CV at least every 2 months, ensuring that you add any new skills, experience and achievements as appropriate, as well as any volunteer/charity work performed outside of work;
  • Register with Morgan Hunt, upload an up to date CV to and sign up for job alerts to notify you of any new fundraising jobs;
  • Register your CV on specialist charity job boards (such as Third Sector and Charity Job) and set up job alerts specific to your search;
  • Make sure your CV is publicly visible via these sites if you are openly job seeking.


Enhance your online profile

  • Maintaining your online profile and enhancing your online brand should be a key part of your job search;
  • Manage and conduct regular spot checks of all your social media profiles to ensure you maintain a professional, positive presence;
  • Read our guide on how to maximise the potential of your online brand for more tips on how to get ahead of the competition in the fundraising market.


Don’t be overly ambitious – adopt a targeted approach to job applications

  • Don’t waste precious time applying for jobs you are not qualified for – be realistic about your career level;
  • Analyse the job description and essential requirements of the role and assess whether or not your skills and experience are a good match before applying.


Adapt your CV and cover letter to the role

  • Job applications can be a lengthy process, so it’s important to get it right;
  • Tailor your CV and cover letter (or supporting statement) to the job and the charity;
    • Highlight relevant experience and key achievements high up on your CV so that the hiring manager is able to see this information clearly;
    • Do your research on the charity to which you are applying and emphasise your passion for the cause, your career ambitions and how you would ‘fit’ the culture of the charity.


Get on the radar of your employers of choice

  • Your Morgan Hunt consultant can approach the charities you want to pursue on your behalf on a speculative basis so it’s important you brief your consultant thoroughly;
  • This will demonstrate your desire to work for the charity and will put you on their radar to be considered for current and future opportunities.

Ask for feedback on unsuccessful applications and interviews

  • Always ask the recruiter or employer for feedback if you have interviewed for a particular role and were unsuccessful as this will help you hone your interview skills and technique;
  • If you have applied for a role that you feel matched very closely with your skills and experience but were not shortlisted for interview, don’t be afraid to ask the recruiter or HR contact/hiring manager for feedback on why you were unsuccessful.


Regularly evaluate your progress and review your job search

  • If you’ve been conducting your job search for a while but feel as though you haven’t made any progress, don’t keep ‘plugging away’ and hope for the best; stop and take some time to review your current strategy to identify what may be impeding your progress;
  • Speak to your recruitment consultant and ask for advice on how you can improve your CV and job search strategy to increase your chances of securing the right job for you. They can advise on market trends/conditions, what type of roles and charities would suit you and what their clients are looking for in terms of stand-out skills and experience for fundraising posts;
  • Aim to review your job search strategy every few months or so at least and continue to do your research and update your CV and online profiles regularly.


Stay motivated and keep that end goal in mind

  • Securing the ideal job and making that next career move takes time and perseverance – it doesn’t happen overnight. Keep that end goal in mind to stay motivated;
  • The important thing is to make the right move – don’t settle for a job that won’t provide that all important stepping stone to help you reach your career goals.

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Negotiating a pay rise

20 January 2015

Morgan Hunt provides 8 point plan to gain more recognition and better pay

The not for profit sector brings many rewards to those working in it. Sadly money is not one of them. But you should not be downtrodden even if you love what you do. The perception in the third sector is often that your role is about the cause and not the money, but this doesn't mean that you shouldn't earn what you're worth.  If you have the skills and experience in the role that you do and you deliver excellence in this regard then you are worth a market rate.

Clearly charities are always looking to reduce their cost base and increasing the percent of charitable pound to their beneficiaries but this does not mean that you should not earn what you believe that you are worth.  
 

If you want to negotiate your pay, here are a few key tactics to help:

 

  1. Be sure what your skills are worth and be prepared to support with evidence
    It is important to have a clear understanding of the value of your skills in comparison to the market and sector average. So do your homework and research sector salary surveys. This can also help you plan your career or chose an alternative path that you may not have considered before.
     
  2. Be prepared to demonstrate your value to the organization.
    It’s important to quantifiably show how you are delivering value and the benefits you bring to the organisation. Highlight your successes and your achievements.
     
  3. Be clear about your position in your organisation's future.
    If you can show how you are part of your organsation’s strategic plan and goals it not only demonstrates your understanding of where they want to be but also the part you play in this. If you can show how integral you are to your employers, your worth will increase. Demonstrating your understanding of their long term vision also shows commitment and dedication to the cause.
     
  4. Be confident of your total worth.
    Think about your total worth in terms of how much it would cost the organization to replace you and the learning curve that another would need to go through to get to where you are. Your research will have shown you; what the sector is paying and what you bring to the organization, now tot it all up with the additional hiring costs and the value that you bring to the role through having done it for some time.
     
  5. Be creative about what non-monetary benefits could add value?
    This may sound a little hard-nosed so remember to keep conversations as negotiations and not demands. We are simply trying to evaluate all benefits that other employers provide that sometimes add up to a better package overall. For example you may finally settle on something that does not include a direct salary increase but as enhanced benefits instead.

    Some additional things to consider might be:
    -   Is your role expanding or could you develop it
    -   Can you build on your experience by getting involved in new projects
    -   Is there a learning opportunity in which you can train or take extra qualifications
     
  6. Be rehearsed and role play.
    This is not easy to do. Many tough nuts find it difficult too. So practice with a friend or relative. Go over the salient points in your pitch and work on tone and delivery.  Brief your confidante to ask questions and test you.
     
  7. Be proactive and request a review.
    Sometimes negotiations go over an extended period of time and it may mean that the increase that you want cannot be provided in the short term so there is an alternative approach which is to make sure you work towards your expectations through a series of performance reviews, setting out clear targets and SMART objectives. This will demonstrate your flexibility and it will be clear that you are not holding the organization to ransom but that you have needs too.
     
  8.  Finally …
    The aim is for a win, win situation. The exercise should not be just about what you think you are worth but a more holistic approach to what value you bring to the organization and what the market is paying others with a similar type of skill. Your expectations should be in line with market value.

 
Sector aside, a good employer will want to reward those who add value. If not, it could be time to re-consider your options. For more information on non profit jobs call us on 0207 419 8900 or email us on info@morganhunt.com.

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Apprenticeships impact further education

20 January 2015

It’s official – apprenticeships are on the rise. The number of young people applying for apprenticeship schemes is at a record high in the UK, according to recently released figures from the National Apprenticeship Service.

Apprenticeships provide an alternative route to employment and career development through paid on-the-job training. With unemployment amongst 16-17 and 18-24 year olds at 36.4% and 18.6% respectively – coupled with rising university fees, it’s hardly surprising that this route has become increasingly popular. 

You can’t ignore an increase of 32% in online apprenticeship applications year-on-year. The  government continue to invest heavily to ensure that employers - especially small to medium sized businesses - are encouraged and incentivised to provide apprenticeships with the aim of helping to get NEET young people into employment.
 

On your marks for new ‘pre-apprenticeship’ programme


In August 2013 the government will be launching a traineeship (or pre-apprenticeship) programme, initially for 16-19 year olds (and young people with learning disability assessments up to academic age 25) to help prepare young people for apprenticeships and other employment.

With more and more young people choosing the apprenticeship path, and with plans to extend the traineeship programme to be delivered to young people up to the age of 24 in due course, demand for enrolment on the programme is expected to be high.

The new scheme will include three key elements:

  • a work placement with a minimum duration of six weeks
  • educational support to improve English and Maths skills
  • work skills training  with flexible training available dependent on the individual's needs.


With the relatively short implementation period for the traineeship programme, further education colleges set to deliver the programme will need to be prepared for the impact.

Morgan Hunt recruitment agency has been the recruitment partner of choice for much of the further education and employability and skills sector since 2005.

We have an established education division with dedicated teams across the UK that specialise in the recruitment of qualified functional skills and employability tutors and PSD mentors across the further education and employability and skills sectors.

Get in touch to find out more about how our expert teams are equipped to help clients prepare to deliver the new traineeship programme by email education@morganhunt.com or contact your relevant Morgan Hunt office.

For further information on the traineeship programme visit http://www.education.gov.uk/.

For more statistics on the increase in online apprenticeship applications, visit http://www.apprenticeships.org.uk/.

* Unemployment stats provided by Parliament Youth unemployment statistics, 12 June 2013

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New growth in finance jobs

20 January 2015

Morgan Hunt explores what this means to employers and candidates

After five years of deep recession it’s official - the UK economy is growing. No matter how small the economic growth is at present, firms will need to take a closer look at how they are hiring because without planning for talent when employment conditions change they risk being left behind in the skills chase. 

One of the problems in relying on economic growth numbers to come out is that they are always after the event has happened. Delayed reaction could see the company’s growth plans stifled simply because the skills are not in place. 

 

So how will this play out in recruitment supply and demand for finance jobs. 

An Office of National Statistics report reveals that real wages have been dropping consistently since 2010. In general the economics of this means that the supply side of finance candidates has been stronger than the demand side from employers.  

However there currently appears to be an exception to the economics rule because despite the optimism of employers, accountancy candidate confidence and their attitude to risk is stalling the flow of finance talent coming onto the market. In other words candidates are staying put. 

With stagnant salaries (real wages have been dropping consistently since 2010) and the “last in, first out, myth”, there continues to be little incentive for candidates to dip their collective toes into the market unless a burning platform forces them to jump. Candidates are being risk adverse with their primary need, of the time, being security. 

Employers are now facing a skills shortage across many accountancy divisions. They are also retaining their exacting standards when hiring - unfortunately this bottle neck will grow until good old fashion supply and demand moves towards equilibrium.

A return to a candidate led market will mean rising pressure on salaries, golden hellos, generous share options and improved benefits to attract the best finance candidates.

 

What does this mean for recruitment?

Contractor rates are rising and permanent salary ranges are edging up which is the first indication of a tightening skills market. Accountancy candidates will not move from current positions unless there is a firm career benefit to do so. Salary packages will need to rise to attract new talent and employers would benefit from keeping a more holistic outlook on their selection criteria. 

Often the right person is not necessarily the one who has the best ‘on paper’ match in terms of industry and job experience. The recent appointment of Sir Stuart Rose, former Marks & Spencer’s boss to advise the NHS on how to improve management is a case in point. 

What does Sir Stuart have in common with reviving a ‘failing’ NHS. The answer is probably quite a lot. Stuart’s skills have been proven to be able to spot the issues in large complex organisations – a precise match for the problem at hand.

The art of recruiting often lies in identifying the underlying skills of a finance candidate. Being too focused on trying to find an exact match in keywords, phrases and sound bites does not necessarily yield the best person.

 

A change in recruitment methods will be required when finance candidates are in short supply. 

London in particular is an improving market and any recessionary loyalty will be firmly tested when competitors realise that improved benefits and packages tempt staff away.  

For more than five years employers have called the shots with the most exacting criteria and often with the added recruitment ‘cherry’ of industry sector relevance. It is now just a matter of time, but the move to a candidate led market is returning.  

Excellence needs to be rewarded and employers need to plan and factor in; that the recruitment boot is moving to the other foot and ultimately if employers persist with continuing to work as if the UK is still in recession, then it may come as a shock when highly skilled accountancy candidates pass them by. 

Morgan Hunt offer a consultative service to help you and your organisation find the kind of finance skills that will ensure the continuity of your mission. For more information email info@morganhunt.com.

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Financial professionals re-examining their roles

16 January 2015

Why finance has gone from being the number crunchers to partners in strategy

 

A number of key events over the last 5 years have led financial professionals to re-examine their roles. What is different now?

Since the global financial crisis the importance of the CFO has risen dramatically, but it’s not just this event that has propelled them and their functional department into the limelight – finance professionals have gone from being the principle number crunchers to partners in strategy.

The finance function makes two essential contributions to the business; understanding costs and how these translate into outputs that turn profits. This isn’t just about doing the maths, the soul of the challenge lies along a continuum of thinking from; quantifying the value of using alternative delivery models and understanding the dynamics of the business through to ensuring that the organisation has the right structure and skills in place, and that the truth on how to report value is balanced and rigorously upheld in one place. The finance function not only plays a critical role in supporting the business but asks the right questions armed with the right information in order to create it.

In recent months we’ve seen a major retailer wipe billions off their share price following the discovery that its profits had been artificially inflated by some £250m due to a discrepancy between when profits were accounted for from deals with suppliers and when costs were paid. Yet it wasn’t just the accounting errors that raised eyebrows but the sheer way in which eventually the story unfolded. It’s hard to understand why a whistle blower accountant should have to go through a protracted route and through many actors that eventually involved in-house counsel to report concerns; a true indication that all was not well with the culture and structure of the business.

This event, although being a high profile is just one of a number of other types of events that have changed the face of finance for good, not necessarily as a result of misdemeanours, but global incidents, structural change, tax and regulation that conspire together to make the finance function a strategic pin that not only holds everything in place but takes decisions from having better information in a wider context. Commercial deals may not be that commercial if they are not structured in the right way, operational success only comes from efficient and effective delivery of service and products and leadership rewarded from having the right contextual information…the banks may learn a lesson or two from here.

In many businesses today finance has a leading role in innovation that can be financed from tax credits with business strategy that uses finance to create additional and increased value from new business models and playing a critical part in the structures that will deliver this. All this and more finance managers are embracing a more strategic role. They are no longer the number crunchers but delivering the right balance of stability for a sustainable future.  This new dawn has an impact on skills where the qualification is just the foundation. Finance professionals are destined for a very creative and commercial career where nurturing the right attributes can lead to one of the most important roles in the organisation.

Morgan Hunt is a specialist recruiter in the finance sector and offer a consultative service to help you and your organisation find the kind of finance skills that will ensure the continuity of your mission. For more information call 020 7419 8900 or email us.

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