Quarterly crunch: ending the FY on a bang!
Posted on August 2021 By Speller International
We had record-breaking results in the last Quarter of the 20/21 financial year.
What skill did we place most? What skill was highly sought?
Is the SAP market hot - or not?
Place your bets because it’s time to find out.
For your own comparison here is Q3 (FY20/21) Quarterly crunch and here is Q4 for last year (financial year 19/20).
As a reminder, we give you Speller’s actual sales for the quarter. I don’t share my own opinions (or excuses!) or what we believe are the reasons behind the results. Sometimes, especially in this online age, we can hear too many opinions and it’s nice to be able to draw your own. But if you want our opinion then feel free to comment and ask or to share your own thoughts.
We had an amazing start to Quarter 4 (Q4), seeing some great results in April that took us halfway to our quarter target in just one month. May and June were also very busy, and we ended up achieving the most new sales/placements in a single quarter in Speller history.
We achieved 168% of our sales target. It was an amazing result confirming just how busy the SAP market is, and it was certainly a relief considering this time last year we only reached 27% of target in April and 33% in May, and then 100% in June brought us to 65% of target. It seems 2021/22 is set to be a good year!
Even though this is the quarterly crunch, it is interesting to note that while the 20/21 year tarted off under target, this last record-breaking quarter took us to a record-breaking year as well.
This past financial year has been our best sales year ever.
So, what were we busiest in?
What are the top 5 roles we placed in Quarter 4?
· SAP ABAP Developer
· SAP FICO Consultant
· SAP BW Consultant
· SAP Project Manager
· SAP Super User
In comparison, the previous quarter (Q3 FY20/21) was:
· SAP Trainer
· SAP Supply Chain & Logistics
· SAP ABAP
· SAP FICO
· SAP Reporting BW
What percentage of placements were permanent versus contract in Quarter 4?
In Q4 17.91% of all placements were for permanent roles, and the rest were contract
How else can we measure how busy the market was?
We can consider the number of requirements we received during the Quarter.
Speller International received 137 vacant SAP job positions, which was an increase from the previous Quarter’s 101 vacancies (and 82 in Quarter 2). Those positions were across our three divisions (SAP IT, SAP Change and Training and SAP Corporate Services) and across Australia and NZ. Most of these roles were received in April.
What about the top requirements?
· ABAP
· FICO
· Project Managers
· BASIS
· Trainers
In comparison, the top five requirements from Q3 were
· Trainers
· Supply Chain logistics
· FICO
· Project Managers
· ABAP
Most difficult skill set to find for Quarter 4?
SAP FICO consultants have been in high demand and have been a difficult skill to find this quarter.
Average contract length
The average initial length of contract in Quarter 4 was 21.44 weeks (this does not take into account extensions), Q3 was 20.68 weeks, Q2 was 19.19 weeks, Q1 was 15.49 weeks and in Q4 19/20 it was 16.99 weeks.
What’s in store for the next Quarter? Stay tuned for the next instalment of our Quarterly Crunch!