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?
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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?
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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)
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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
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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
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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