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Those who have lost their jobs through outsourcing, layoffs, or cutbacks, especially during the COVID-19 pandemic, are facing second — and even third — career choices, and possibly having to go back to school to get the necessary degrees. New college grads are struggling to find entry-level jobs that use their skills. Older workers are being talked into early retirement. Even those who are gainfully employed are seeking to get out of jobs that offer little in terms of salary advancement.

Some careers, however, show there is light at the end of the tunnel. Many of them reflect our fascination with, and our increasing dependence upon, technology. Some grow from the push for new, renewable energy sources, and some build further on our need for established energy sources. Others have to do with the changing demographics of our society, as the baby boomer generation continues to age.

As Innovation Consultants, our firm often advises leading edge technology firms in a variety of sectors, from Fintech and Smart City Solutions, to Green Energy, Cybersecurity and eSports. We are witnessing the evolving job market as our clients are seeking suitable candidates be it in Gibraltar or beyond. 

Compiled below is a list of some of the occupations that are likely to be most in demand over the remainder of this decade, offering high starting salaries and high salary growth potential.

Solar Photovoltaic Installers

The recent, strong global push for renewable and sustainable energy sources has resulted in a booming job market for skilled professionals in the field. Specifically, the demand for solar energy has established solar photovoltaic installers as the career field with the highest projected growth for the next decade. Solar photovoltaic installers, to simplify a complicated job title, install solar panels and solar panel systems. Also known as PV installers, professionals in this field plan systems according to client needs, install systems on buildings, houses, in fields, and other locations, connect panels to electrical systems, trouble shoot and perform maintenance, and more.  

Data Scientists and Mathematical Science Occupations

The growth in Big Data and Artificial Intelligence predictive technologies are fuelling demand for data analysts. Individuals with a love for numbers and their functions may want to consider pursuing careers as mathematicians or data scientists. Advanced knowledge and skills in mathematics can lead to lucrative, high paying jobs. Beyond crunching numbers, mathematicians play a valuable role in data analysis and prediction, solving and preventing problems for businesses as well as for governments.

E-Sports Coach

Competitive online gaming is getting more and more popular. With some big prizes to be won, players need to make sure they have that competitive edge. An esports coach can help with strategy, motivation and fair play.

Software Developer

Software developers design and write the software that runs on devices like computers and phones. Some developers create applications for specific tasks, while others work on the operating systems used by devices and networks. Software development involves figuring out what users need, designing and testing software to meet those needs, making upgrades to older programs, and maintaining and documenting software to make sure it keeps working correctly in the future. As our lives are becoming increasingly digital, demand for software developers is certain to continue to rise. 

Medical and Health Services Manager

Health care is a big and complicated business. Providing care to patients is only part of it. There’s also the work of scheduling appointments, collecting payments, keeping medical records, and coordinating with other care providers. Medical and health services managers oversee all these activities, leaving health care providers with more time for their patients. As ageing population is becoming increasingly evident around the world, demand for healthcare and healthcare related jobs is going to increase. 

Information Security & Cybersecurity Analyst

Businesses hire information security and cybersecurity analysts to protect their computer networks and systems from cybercrime. These professionals install antivirus software and other safeguards to protect sensitive information, watch for security breaches and investigate them when they occur, and periodically test the network to look for gaps a hacker could exploit. As our lives are becoming increasingly dependent on digital devices, so grows the threat that our information can be mishandled and the need for people who will ensure our data is secured. 

Compliance Officers

Sectors such as the financial services industry and the online gaming industry are facing increasing regulation and reporting requirements due to the war on money-laundering, financial fraud, under-age betting and other risks. This has created steady demand for compliance officers and other data integrity analysts which is forecast to increase, particularly given the rise in crypto currencies and other blockchain technologies. 

All these careers offer good wages and good prospects for growth. However, that doesn’t mean they’re the only reasonable careers to pursue. The right job for you has to do more than pay the bills. It should also be a job you find satisfying and worthwhile. Nevertheless, if you are considering careers in these fields, do check with us, as our clients may be looking for someone like you. 

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Eran Shay Managing Director, Benefit Business Solutions Ltd. With over 20 years’ experience in the world of Finance, Eran specialises in helping companies grow in innovative ways. Eran has ample experience in the fields of Corporate Finance, Regulatory Advisory, Business & Strategic Planning, Valuations and Transaction Support and his focus on technology means he keeps in touch with innovative companies in a variety of sectors. Ayelet Mamo Shay Co-Founder & Business Development Director, Benefit Business Solutions Ltd. Ayelet specialises in online and offline marketing, sales, and PR. She is the author of the successful novel “Relocation Darling, Relocation!” and provides relocation consulting and personal coaching. A busy entrepreneur, Ayelet also serves as Chairwoman of the Gibraltar-Israel Chamber of Commerce.