Digital media hiring levels rise in the payments sector

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he proportion of banks, payment providers, cards programmes and processors companies hiring for digital media related positions rose in October 2021, with 57% of the companies included in our analysis recruiting for at least one such position.

This latest figure was higher than the 52.2% of companies who were hiring for digital media related jobs in September 2021 and an increase compared to the figure of 45.6% for the equivalent month last year.

When it came to the proportion of all job openings that were linked to digital media, related job postings rose in October 2021, with 2.9% of newly posted job advertisements being linked to the topic.

This latest figure was an increase compared to the 2.4% of newly advertised jobs that were linked to digital media in the equivalent month a year ago.

Digital media 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 unforseen challenges.

Our analysis of the data shows that banks, payment providers, cards programmes and processors companies are currently hiring for digital media jobs at a rate lower than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 4.1% in October 2021.

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.