The shape of the labour market has shifted significantly over the years. Once upon a time professionals and executives would deliberate long and hard over their next career move, before seeking out potentially interesting opportunities. Nowadays the typical professional is more likely to move jobs every 3-5 years, and job opportunities are far greater than … Continued
Data Science Market Update Q1, 2020
Year in Review
Continued accelerating growth in the volume of data means that every business sector has the opportunity to gain commercial insight and remain competitive in a way that was never previously possible. This is reflected in the demand for talent in the Data Science and Analytics job sector, and subsequently in salaries. Key salary drivers outside of the core Data Science skillset include the requirement for experience with niche technologies, domains, or use-cases, and people-management experience.
2020 will to be an eventful year for Data Science in Ireland. As part of the Future Jobs 2019 programme, consultations for the creation of the National Artificial Intelligence Strategy are complete. This is a positive demonstration of the government’s commitment to the Embracing Innovation and Technological Change pillar of the Future Jobs Programme.
Research confirms that the adoption of artificial intelligence in Ireland is increasing, but the skills shortage means that the war for talent is becoming more aggressive. Relief through new Data Science third-level courses is still some years away. However, professional certifications in Analytics are easing the pressure somewhat. In 2019, demand for Data Engineering talent was particularly high compared to supply.
Salaries in Data Science have not yet stabilised, and we are seeing major disparities in remuneration for similar roles across different organisations and industries. In addition, a trend is emerging of data practitioners prioritising motivators such as interesting projects, technical stack sophistication and flexible working when considering a new role, with remuneration or title often being lower on their priority list. Data Science employers are reacting by coming up with more creative benefits and embracing modern digital working practices.
Given that more than half of firms increased their Analytics headcount in 2019, Analytics is a buoyant career path loaded with prospects coming into 2020. Data career trajectories can be steep as the revenue and insights impacts of these activities are recognised in reward and opportunity.
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View the latest recruiting challenges for employers across Ireland and see the latest market rate salaries in Data Science.
In 2019, the insurance industry has remained a candidate-tight space. Even in a “full employment” economy, there are still companies with a healthy enough attrition rate that will appear to be constantly hiring. There has been an almost consistent demand for experienced and qualified insurance professionals across Claims, Underwriting and Broking / Client Advisory. … Continued
Year in Review The Executive Search market has grown modestly in 2019, and we expect further growth in 2020, despite the uncertainty in the global economy next year. Driving forces for activity at a C-suite level continue to be a buoyant jobs market; a skilled and growing population; investment in technology by business and government, … Continued