In 2020, the average salary rate fell by 1% compared to the previous year, but it is still significantly higher than in 2018.
The industry has shown resilience and commitment to its workforce, making redundancies only as a last resort and at lower rates than other hard-hit industries.
Looking ahead to 2021, the outlook seems strong as confidence in growth plans returns.
Leadership salaries are peaking, with an average of £130,000, encouraging companies to seek future leaders within their ranks.
The demand for up-and-coming talent has been high, particularly in maturing markets and younger regions like the USA.
Despite widespread economic downturn, talent in compliance, tech, and data professions remains highly sought after.
However, those in sales and marketing have experienced average salary declines.
While job reductions have impacted these departments, there are early signs of a rebound in the industry.
Rising unemployment will not solve the skills shortage in the igaming industry; a long-term approach to talent acquisition is necessary.
Employers have identified “hiring high-quality talent” as a top priority for their businesses.
In 2020, employers implemented a “critical hires only” policy during the peak of lockdowns, but demand has not significantly decreased.
Remote hiring became more common due to the pandemic, although it has its drawbacks.
While employees prefer working from home, many employers are hesitant about long-term remote working.
The workforce is expected to be 5% larger by the end of 2020 compared to the previous year, with the majority of employers avoiding redundancies or furlough.
Growth plans have decreased by 27% compared to the beginning of the year.
Many companies continued their hiring processes remotely, including interviews and training.
