Apr 15, 2024
Proceed With Caution....
Before explaining the above statement, it might be helpful to acknowledge some more positive aspects in the Data market that we’ve noticed over the last few months.
Positives in the Q3 market we’ve noticed
- There has been an uplift in new vacancies going to market, in comparison to Q2.
- Salaries and rates have stabilized.
- The number of contract roles on the market has been progressively on the rise since the beginning of Q2.
- Hiring managers are starting to see wins from months of hard work pushing for headcount approval (either contract or perm).
- Businesses are beginning to staff projects now, rather than limited to a role-by-role basis.
Challenges in the Q3 market we've noticed
In this report we dive into current challenges we’ve noticed in the Q3 Data market. Our headliners:
- Delayed Feedback and Next Steps Due to Extra Precautions
- High Volume of Applications
- Businesses Losing Top Talent Due to Application Volume
- Extended Timeline for Permanent Role Completion
- Niche Positions Remain Open for Months
- Increasing Complexity of Contract Role Interviews
- Companies Seeking Cost-Effective Solutions
- Lack of Transparency in Internal Processes
- Uncertainty Surrounding Final Hiring Decisions
-
AI is Becoming More of a Blanket Term in the Market
Read the full report for further detail.
Salaries & Rates
Read the report for a full breakdown of salaries and daily rates.
It’s worth mentioning, salaries relating to Artificial Intelligence positions vary as they are usually a spin off the Data Science or Engineering ones. Given this is a newer area, we can talk you through these.
Simple guidelines for anyone in the data market right now: be as transparent as you can, know what you want, know how you can get there and don’t forget that the data market is heavily relationship driven.
Keeping Up With Data
Stay Ahead of the Curve!
Check out our podcast, Keeping Up With Data by Emily Nota, your must-listen podcast for the latest in data trends, career insights, and unforgettable stories straight from the industry experts!
