Positions in Data & Analytics are highly sought after in the US. With a widening talent pool due to the rise of flexible working, shifting skillsets and requirements for more professionals working in data and tech, the sector continues to experience unprecedented growth; regardless of the global pandemic pulling at the very core of the business community.
For candidates, the Data & Analytics job market will be more active than ever. In our most recent US Data & Analytics Salary Guide
, this was clearly identified. In fact, post-COVID, more respondents were either actively seeking, or willing to move for, a new role than they were in 2019.
As businesses look to streamline existing processes and establish new ones, they are more reliant on Data professionals than ever before. Yet, candidates in this market have re-evaluated their needs and the incentives they value, shifting their priorities in the wake of COVID-19.
With the impact of COVID-19 felt in almost every part of our day-to-day lives, it wasn’t long until conversation turned to what ‘the new normal’ would look like once the worst of the pandemic had passed. However, for those in the Data & Analytics space, the new normal wasn’t as new as first thought - it had been gradually establishing itself over the past few years.
When seeking a new role, respondents prioritized career progression over salary increases, as well as an emphasis on job security and working for a stable and growing business. The needs of the multi-generational workforce in a post-COVID world has never been more dynamic than it is today.
It was evidenced that financial ambitions have decreased slightly as a result of the pandemic. Interestingly, ‘a more competitive salary’ was the top reason for seeking a new role. Post-COVID, not only do respondents seek career progression over a salary increase, they also put a significantly greater emphasis on job security and the need to join a stable and growing business.
Specifically, for Data Engineers in the current market space, 80 per cent of professionals would leave their role if the right opportunity came up. This falls in parallel to digital analytics experts, of which 82 per cent would leave their role if the right opportunity came up. This is perhaps unsurprising as the full economic impact of the pandemic has yet to be established.
Attracting the best hire for your business is going to be one of the core challenges of our time. Period. The focus for American organizations needs to be on hiring for the needs of tomorrow, rather than for the demands of today. A forward-thinking business will have the critical vision needed in order to keep pace with the market in its current state.
Data professionals are in the driving seat; that’s a certainty. Their holistic skillset, understanding and application of core technologies such as SQL, Python, AWS, Kubernetes and Spark position them well when seeking to secure their next role. It is up to organizations to maintain their momentum as we acknowledge that for Data & Analytics, continuing on the trajectory of growth in the ‘new normal’ is something very few outside of this space saw coming.
If you're looking for a new opportunity in the world of Data & Analytics or to expand your Data team, we may be able to help. Take a look at our latest opportunities
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