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The Demand for UK Data Professionals is Soaring: How Will You Stand Out? | The Financial Technology Salary Survey

Author: Ian Bailey, AVP

Published date: 2023/07

Ian Salary Survey

Data Professionals' Salary Insights: A Comprehensive Survey Revealing Earnings Across the Industry

Between 2022 and 2023, the demand for skilled data professionals has soared— and salaries have also increased in this period. There has been an increase of approximately 7%. We can attribute this to the growing demand and recognition of the importance of data-driven decision- making in financial institutions.

It’s expected that salaries for data roles will continue to rise in the foreseeable future, making this both an exciting and rewarding career path for all data professionals.

Candidates are of course happy with this upward salary trend.

We are seeing higher levels of job satisfaction and– in turn– an increase in talent retention.

We have also seen a significant increase in the availability of UK data roles; but competitiveness in this sector has increased alongside this.

Candidates need to have a strong skill set, relevant experience, and domain knowledge to stand out in this highly competitive job market.

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