Data analytics is now a fundamental part of the digital economy. Which companies pay the highest for data analyst jobs? Well, you will get this question answered by the time you finish reading this post. We have pulled figures from a variety of reputable sources to help you crunch the numbers. Also listed are some of the factors that can affect what you earn and included a few tips for starting out. Let’s get started!
Entry-Level Data Analyst Salary
In the US, entry-level data analysts with less than a year of experience earn an average annual income of $56,590, according to Glassdoor. In the first four years, this figure can rise to around $61,234, according to Payscale.
What Is The Senior-Level Data Analyst Salary?
Senior-level data analysts in the US can earn around $73K, according to Payscale. The higher figure reflects additional responsibilities, such as more complex skills. From this point, many data analysts decide to launch into more specialist career trajectories, which pay even more.
Top Paying Jobs for Data Analysts And Their Average Salary
In this section, we aim to demystify the data analyst job market. Salaries depend on several factors, including location and the type of role you’re applying for. Data analytics jobs don’t always have “data” or “analyst” in the title.
In the US, market analyst roles are fairly common stock, with an average annual income of just under $55K. Market analysts collect and analyze consumer and competitor data. For instance, their work might help inform sales strategies or the creation of new products and services.
A systems analyst uses data to explore how well an organization’s IT infrastructure fits its business needs or that of a client. They will analyze things like software, hardware, and user data to help improve protocols and write new ones. System analysts earn, on average, $67K.
Data consultancy is a broader term used to describe those who work with clients in a range of different fields and industries. These professionals earn an average salary of $84K a year in the US. The role can be much more varied but also much more challenging.
The average salary of a data analyst working as a healthcare consultant in the US is $79K. Consultants analyze data from sources such as electronic health records, financial reports, patient surveys, and wearable devices. They help improve patient care and how health organizations are run.
Digital Marketing Manager
Digital marketing managers juggle many responsibilities, such as email and social media campaigns, search engine optimization, marketing strategy, and more. Data analytics skills are increasingly required in this role, the average salary is $68k.
Business Intelligent Analyst
Business intelligence analysts assess business data to help companies improve their systems and internal processes. In the US, business analysts earn around $62K a year compared to financial analysts who earn about $60,000 per year in the US.
Highest Paying Companies For Data Analysts
Data is now the most important asset for companies to boost profit and customer engagement. Data science companies tend to hire data analysts by paying a fortune to drive data into meaningful insights.
Here are some of the top companies that are ready to offer fortunes to data analysts:
- Mu Sigma
- Capital One
- Bloomberg L.P
- HData Systems
- Fractal Analytics
- Intel Corporation
- Tableau Software
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