Data Protection experts are the recruitment industry's solution to the GDPR panic in Europe right now. But Why?
GDPR is a major force driving Project Management recruitment right now, and at Tangent, we are working on creative solutions with our clients to overcome the shortfall of talent. The issues:
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The Unknown– the uncertainty and weak definition within GDPR have left companies concerned and confused about their current GDPR compliance status and what they need to do to become 100% compliant.
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The panic– the looming deadline to have everything in place and compliant by May
In a recent report published by Deloitte, a management consultancy, they estimated that only 15% of organisations surveyed felt that they had time to implement the necessary changes to achieve compliance before May 2018. At the time of publishing, scarily soon.
Why are companies worried?
The Eye-watering Fines
There will be two levels of fines based on the GDPR. The first is up to €10 million or 2% of the company’s global annual turnover of the previous financial year, whichever is higher. The second is up to €20 million or 4% of the company’s global annual turnover of the previous financial year, whichever is higher. The potential fines are substantial and a good reason for companies to ensure compliance with the Regulation.
As a result, there is a frenzy for talented consultants that can help them to avoid the astronomical fines that they risk should they fail to comply!
The scary fact is that many organisations haven't even started to execute their GDPR strategy, which is leaving a scramble for battle-tested talent that can implement GDPR compliance efficiently and quickly!
So what does this mean to you as a data regulation professional?
Due to the regulations only recently coming into place, organisations are finding it very difficult to find people that have already worked on GDPR projects. Therefore, those professionals are being snapped up very quickly. But there’s still a considerable number of companies that are both unprepared and without experts in place to guide them through the changes required.
So what is the answer?
The solution is that they are turning to experienced Data Protection experts – who regardless of GDPR project experience – are considered to have necessary qualifications to manage the complex changes GDPR requires.
What qualifications do you need?
The majority of our clients are looking for the GDPR Practitioners certificate. You can obtain this certificate in a five-day course, which is offered by many training organisations. If you already have a background in Data Protection, you should already have an understanding of the current regulations and the dynamics of the role, and the practitioner’s certificate will make you both more relevant and employable for GDPR roles – which we have plenty waiting for you.
If you are a Data Regulations expert or experienced in GDPR, find out about the projects we have for you, email: Change & Transformation Team.