Talent magnet for data analystsMi Zhou

Tawei (David) Wang

Virginia Commonwealth University • DePaul University

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Motivation

• Everyone is talking about analytics

• Is it a popular skill for the job market?

2

Source: http://data.library.virginia.edu/statlab/

Top 5 Skills of 2013 and 2014 on LinkedIn

2013 2014

Social media marketing Statistical analysis and data mining

Mobile development Middleware and integration software

Cloud and distributed computing Storage systems and management

Perl/python/ruby Network and information security

Statistical Analysis and Data mining SEO/SEM marketing

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Top 5 Skills of 2015 and 2016 on LinkedIn

2015 2016

Cloud and distributed computing Cloud and distributed computing

Statistical Analysis and Data mining Statistical Analysis and Data mining

Marketing campaign management Web architecture and development framework

SEO/SEM marketing Middleware and integration software

Middleware and integration software User interface design

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Big paychecks for analytics professionals?

5

Short of supply?

• McKinsey estimates that there is a shortfall of up to 250,000 positions about analytics in the next decade.

• Such job opens for about 45 days (average for other jobs is 30 days)

6

Research Question

• What is the current state of analytics related jobs on LinkedIn?

• Any talent magnet?

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Data Collection Process

• Search S&P 500 with data analyst related keywords from year 2000 to 2016

• We found 6810 titles related to data analyst (!)

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Example of Data Collection

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Example of Data Collection

10

151

165

173

178

187

206

215

230

244

245

249

263

267

287

301

320

316

0

50

100

150

200

250

300

350

1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018

Year

Number of Companies

11

445

503

539

606

697

809

966

1174

1370

1516

1775

2117

24862970

3613 4435

4715

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018

Year

Number of Analyst

12

Number of Analyst—Top 20 Companies

1. ACCENTURE PLC2. BANK OF AMERICA CORP3. WELLS FARGO & CO4. MICROSOFT CORP5. AT&T INC6. UNITEDHEALTH GROUP INC7. APPLE INC8. HEWLETT PACKARD ENTERPRISE9. BOEING CO10. AMAZON.COM INC

11. INTL BUSINESS MACHINES CORP12. TARGET CORP13. PROGRESSIVE CORP-OHIO14. CISCO SYSTEMS INC15. CENTENE CORP16. INTEL CORP17. JOHNSON & JOHNSON18. MOODY'S CORP19. GENERAL MOTORS CO20. JPMORGAN CHASE & CO

13

542638

663

731842

993

11851462

1695

1851

2193

25973059

3694

4490

56015578

11 21 14 12 21 32 36 64 72 75 122 148 181 244 339 459210

0

1000

2000

3000

4000

5000

6000

1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018

Num of Obs vs Num of Switches

Num of Obs Num of Switches14

2.03%

3.29%

2.11%

1.64%

2.49%3.22%

3.04%

4.38%

4.25% 4.05%

5.56%

5.70%

5.92% 6.61%

7.55%8.19%

3.76%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018

Year

Job Switch by Year

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Network of Companies of Analytics Jobs

wait, what?

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• Top 5 analytics talent importer

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Top 5 Talent Exporter

• HP Enterprise

• Bank of America

• Wells Fargo

• IBM

• AT&T

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Top 5 Talent Magnet

• Apple

• United Health

• Boeing

• Centene Corp

• Facebook

Top 5 Talent Importer

• Bank of America

• HP Enterprise

• Wells Fargo

• Apple

• Accenture

Determinants?

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Summary

• One of the biggest challenges faced by companies talent

• This study provides some initial observations on the current state of data analytics jobs on LinkedIn

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Thank you!Questions? Comments?

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