Human Resource

Rising demand for big data analytics skills triggers wage debate

18th Dec `13, 05:56 AM in Human Resource

Strong demand for data analytics skills is pushing up wages for qualified professionals and turning big data into…

BDMS
Guest Contributor
 

Strong demand for data analytics skills is pushing up wages for qualified professionals and turning big data into a big pay for data analysts.

This was the key finding of the inaugural 2013 Skills and Salary Survey Report published by the Institute of Analytics Professionals of Australia (IAPA), which showed the median salary for an analytics professional was almost twice the median Australian full-time salary.

But the good news also came with a warning that data analysts must stay close to the needs of the business they serve if they wish to retain their high-paying roles into the future.

According to IAPA’ chairman, and director for insight solutions at Deloitte, Doug Campbell, some organisations are already responding to the wages pressure by setting up data analytics teams in lower-wage economies.

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