After years of growing income inequality, concerns about technology-driven displacement of jobs, and rising societal discord globally, the combined health and economic shocks of 2020 have put economies into free fall, disrupted labour markets and fully revealed the inadequacies of our social contracts. Millions of individuals globally have lost their livelihoods, and millions more are at risk from the global recession, structural change to the economy and further automation.
It is now very apparent that we all need to be digital skilled and not wholly dependent on our little knowledge; digital skills are not only required for high-skill jobs. They are now required across the total span of the labour market, ranging from entry-level call centre workers to sophisticated information technology roles. Even amongst low-skill jobs, 75% of postings are in digital occupations, increasing to 85% of middle-skill jobs and 83% of high-skill jobs. People with digital skills can command higher salaries. The research found that roles requiring digital skills pay 29% over those roles that do not. This difference is apparent at all skill levels, with the differential growing at higher levels. The salary differential for digital skills ranges from 14% for low-skill roles, 19% for middle-skill positions, and 33% for high-skill jobs.
75% of jobs will require advanced digital skills by 2030. According to a new report on the impact of COVID-19 on Gen Z’s employment prospects, which was published by advisory firm Oxford Economics and commissioned by a camera and social media company Snap. It claims that 75% of jobs will require advanced digital skills by the end of this decade. Workers will need to learn new skills to pursue these jobs or adapt to changes within their current roles.
Even internet job vacancy postings that contained requests for digital skills were examined for occupational trends. These postings include calls for specific technical skills such as experience in Microsoft Office software or SQL and general requests for computer literacy, software development, or data entry experience. The following chart compares the percentage of internet job postings in each occupation (ANZSCO Major Group) that requested digital skills.
TOP DIGITAL SKILLS EMPLOYEES ARE LOOKING FOR
Programming, Web and App Development
Digital Business Analysis
Digital Business Analysis helps organizations make the right choices by providing an independent and objective mindset and applying a range of proven analysis techniques to make a convincing business case for investment in a digital solution. As digital transformation is central to all organizations in the digital economy, digital business analysis skills have become the hottest skills to have on your CV in the 21st Century. Digital Business Analysts are at the epicentre of digital transformation projects. They help organizations develop a digital ecosystem of technologies that will help drive digital transformation and business growth.
Digital Design and Data Visualization
Websites, Apps and Digital Services have one thing in common; a user interface. Any designer with experience creating compelling, dynamic user experiences will be in high demand with most tech companies. Designers can also visualize complex data to help management make vital business decisions. This skill is call data visualization. Data visualization is helpful for senior leaders to gain valuable insights from data. Designers use tools such as Tableau and Power BI to analyze and visualize data.
Digital Product Management
Another skill that is not unique to software development but is particularly valuable nonetheless is Digital Product Management. Software services, in particular, need to have a lifecycle management plan put in place. The continued growth of Software as a Service will make Product Management ever more integral to the tech sector.
To promote their products and services, tech companies will look to digital marketing. Understanding how to get the most value for money out of the broadest range of networks will be essential here. In-demand skills for Digital Marketers include digital marketing tools, analytics tools, and social media marketing.
Data Science and Data Analytics
Companies gather vast amounts of data that can be immensely valuable if they have a Big Data Analyst who can make sense of it all. Data Scientists are in demand by employers across the world. Glassdoor constantly features Data Scientists in their Best Jobs Listing. Not only is Data Science an excellent career path for professionals in the digital age, but demand far outweighs supply, making Data Scientists highly employable. A recent McKinsey report showed that “The United States alone faces a shortage of 140,000 to 190,000 people with analytical expertise and 1.5 million managers with skills to make decisions based on the analysis of big data.” As data science becomes a minimum requirement for more manager-level jobs, learning data science will help you position yourself ahead of the curve.
HOW TO ATTAIN DIGITAL SKILLS
Attaining these digital skills has never been easier. School coding clubs and professional training companies are happy to fill the gap left by the public sector in terms of digital skills. Still, there are also ways in which a person can develop their digital skills individually. You can use programs and services to make sure that you make the most out of your computer. Having a computer desktop that you can navigate quickly and efficiently is quickly becoming more important than having a tidy desk. If you are looking to start a career, change your job, grow your business, or get a promotion, ignoring the acquisition and improvement of digital skills can have unfortunate results in the long run. Be sure to start now, not a little later. Digital development is accelerating, competition is at its height, and your chances of winning a job are directly proportional to the extent of your basic digital skills as a minimum. Accordingly, make reaching advanced skills your goal to guarantee that you are worthy of promotion or immediately employable when you apply for a job.
- The Future of Jobs Report 2020
- Current and future demand for digital skill By Gavin Llewellyn
- © 2021 Digital Skills Global
- Digital Skills Required by the Job Market Summary By Younes Salem Orabi
- The Importance of Digital Skills in the Modern Workplace by Phillip Burton