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  1. Analysis
August 29, 2022

Digitalisation hiring levels in the retail banking industry rose in July 2022

We've analysed hiring patterns using data from GlobalData

By Data Journalism Team

The proportion of major banks, central banks, and non-bank competitors companies hiring for digitalisation related positions kept relatively steady in July 2022 compared with the equivalent month last year, with 66.6% of the companies included in our analysis recruiting for at least one such position.

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This latest figure was higher than the 66.1% of companies who were hiring for digitalisation related jobs a year ago but a decrease compared to the figure of 69.3% in June 2022.

When it came to the rate of all job openings that were linked to digitalisation, related job postings kept steady in July 2022 from June 2022, with 22.2% of newly posted job advertisements being linked to the topic.

This latest figure was an increase compared to the 19.6% of newly advertised jobs that were linked to digitalisation in the equivalent month a year ago.

Digitalisation is one of the topics that GlobalData, from whom our data for this article is taken, have identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

Our analysis of the data shows that major banks, central banks, and non-bank competitors companies are currently hiring for digitalisation jobs at a rate higher than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 11.2% in July 2022.

GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.

You can keep track of the latest data from this database as it emerges by visiting our live dashboard here.

Free Whitepaper
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Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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