The job market is booming for a group of highly trained professionals that have been training for years, but it’s not for everyone.
The skills needed for a future career in communication are still scarce in the technology industry, and it’s one of the main reasons people leave their jobs.
A new report from the McKinsey Global Institute, which analyzes more than 3,000 job openings, says it found that a small subset of those who have completed their degree are still working in the communications field.
McKinsey found that one in four graduates are still in a job that requires a bachelor’s degree, while just 4.5% of them are working in an executive or managerial position.
“The data shows that there is a gap in skills and training that employers are willing to pay to fill,” said David Bierman, a research analyst with McKinsey.
“It’s still too early to say if this is the case for the industry, but if it is, we should be paying attention.”
The report, released Thursday, analyzed more than 300 job openings for the communications industry, including senior executive, sales and marketing, information technology, and social media management.
The average salary for graduates of those positions is $130,000, according to McKinsey’s data.
There are also about 5,300 jobs that require a bachelor of science or higher, or a bachelor degree, in communications.
That means about one in five people who complete their degree in the industry are still employed in the field.
But the number of graduates working in communications is dwindling.
The report found that only about 2% of those working in technology-related jobs are in leadership positions.
The data also showed that the median starting salary for new hires of those jobs is $53,000.
“In this age of a rapidly expanding tech sector, it’s really important for companies to understand what is and is not a career in the tech space,” said Robert J. Koehler, director of McKinsey Business Analytics and an expert in communication.
It also seems that people are going to take a pay cut to fill those positions, which is a concern.
Some companies have said they want to pay people less for the same job.
McKinseys report found there are more than 4,400 companies in the country that require communication degrees, but many are looking to hire people who don’t have a degree.
Some of the companies in McKinsey report that have increased the number and pay for people with degrees in communications are Amazon, Apple, Google, Microsoft, Pinterest, and Uber.
McKenzie says that it’s important for employees to be prepared for the future.
“This is an industry that is going to be increasingly important to companies as they continue to create and maintain jobs in this new generation,” said Koehlers chief information officer, Dan Bowerman.
More than a dozen of the top 100 companies in Canada are offering new hires with bachelor’s degrees.
Other organizations that have begun to increase the pay of those with degrees include General Motors, Ford, and Toyota.
Companies like Microsoft, Apple and Facebook also have recently raised salaries in the company that started it all, Facebook.