Summary:
76% increase in marketing job postings on LinkedIn year-over-year.
67% of CMOs are completely satisfied with their roles.
72% of marketers feel overwhelmed by rapid changes in the industry.
Collaborative problem-solving is the “Skill of the Year” with a 138% increase in demand.
Creative Execution demand has surged by 443% in two years.
Marketing Jobs Are Rebounding
Marketing jobs are on the rise, with job postings increasing by 76% year-over-year on LinkedIn. Industries such as technology and financial services are experiencing significant hiring growth after previous layoffs.
Job Satisfaction Is High, Retention Remains a Challenge
Despite the hurdles, job satisfaction among marketers is strong, with 67% of CMOs expressing complete satisfaction in their roles. However, 55% of marketers are contemplating leaving for better opportunities, highlighting a challenge in talent retention.
Workplace Change Overwhelms Many Marketers
The rapid evolution of the marketing landscape is both an opportunity and a challenge. A staggering 72% of marketers report feeling overwhelmed by their roles, and 53% worry about keeping pace with technological advancements.
Skill of the Year: Collaborative Problem-Solving
The report identifies collaborative problem-solving as the “Skill of the Year” in marketing, with a 138% increase in demand. This skill emphasizes teamwork and customer-centric decision-making, crucial for navigating complex marketing challenges.
Top Hard Skills for Marketers
Technical skills are increasingly crucial in marketing, with notable surges in demand:
- Creative Execution: Up 443% over the past two years.
- Artificial Intelligence: Skills increased by 392%.
- Marketing Technology: Proficiency rose by 351%.
What Does This Mean?
To maintain competitiveness, marketers should focus on these three strategies:
- Upskilling: Prioritize learning new tools and technologies, such as taking LinkedIn Learning's “Generative AI for Digital Marketers.”
- Agility: Embrace change and cultivate a growth mindset to adapt to shifting consumer behaviors and tech advancements.
- Collaboration: Foster cross-functional teamwork to enhance creative problem-solving.
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