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Data and analytics industry defies negative jobs market

Four out of five workers in data and analytics feel just as secure, if not more, in their roles compared to the same time last year.

That was the key finding of the latest UK Data and Analytics Salary Guide by global data and analytics recruitment leaders Harnham, internationally recognised as the industry’s leading source for salary data.

Other interesting findings include:

  • Gender diversity: The gender gap in the industry is slowly but surely closing, with women now making up 30% of employees.
  • Flexible working: The number of data and analytics businesses offering flexible working schemes has skyrocketed from 57% to 84% in 12 months. This trend was happening pre-pandemic.
  • Flexible working versus bonuses: The rise in the number of respondents looking for flexible working options was less significant than the drop in those looking for a bonus.
  • Progression: Progression is more important to respondents than a salary increase.
  • Industry activity: The industry remains extremely active, with nearly a third of employees seeking new opportunities within the market.

“While the past few years may have been heavily influenced by global politics, our results this year were understandably impacted by another major global event; the Covid-19 pandemic. No industry is immune from the effects brought about by this global health issue, however recognising that the data and analytics space is responding well is promising for the future,” said Dave Farmer, founding partner at Harnham. 

“It’s incredibly encouraging to see that the industry is continuing to prosper despite the unprecedented nature of the given situation. Employees feel positive about job security and flexible working has been enthusiastically implemented across many companies. Whilst we recognise that the industry still has a way to go before we perfect the gender and diversity balance, it is encouraging to see the number of women in the data sphere slowly increasing, and we as an industry are committed to keeping this upward trend. The latter half of 2020 and beyond will be an exciting time for the industry.” 

Harnham’s Data and Analytics Salary Guide includes input from more than 3,000 global professionals, an analysis of the 1,000+ job placements made by Harnham over the last year and a deep dive into worldwide job views to convey a clear understanding of the market. Uniquely this year, the report includes a special section on the impact of the Covid-19 pandemic. 

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