Survey results have revealed that data analytics salaries are set to grow by 4 percent in 2017.
Robert Walters Global Salary Survey for 2017 found that professionals who specialise in data analytics and business intelligence should expect to see a four percent salary growth on average.
James Murray, Associate Director at Robert Walters said:
“senior business leaders are increasingly coming to recognise the pivotal role that data science and analytics can have on cost efficiencies and allowing businesses to grow in a sustainable way.
“Data analytics is seen as an industry agnostic skillset and as a result data analytics professionals have a wide range of job options. This, combined with an increase in investment in data analytics, has driven permanent salaries and contract rates up.”
A previous survey carried out by the Centre for Economics and Business Researchshows that the pivoting growth in data analytics and the Internet of Things sectors is estimated to create 182,000 new jobs by 2020, with data analytics expected to add £241bn to the UK economy by 2020.
From this, research from the Robert Walters Global Salary Survey shows that hiring managers continually looking for junior professionals with the potential to grow into more senior roles to keep salary costs down.