The demand for Data Science talent far exceeds the talent pool, making employee retention challenging. Demand is expected to remain high throughout 2022, providing ample opportunity for talent to move upwards through competing organizations. A vast amount of project familiarity and understanding is built on the backs of data scientists and is lost when they leave. In the midst of unprecedented industry opportunity and demand for data scientists, it is important for businesses to focus on retaining top talent in order to minimize transitional losses such as training costs, team efficiencies, and expertise.
