Kashyap Raibagi

Kashyap Raibagi

Kashyap currently works as a Tech Journalist at Analytics India Magazine (AIM). Reach out at kashyap.raibagi@analyticsindiamag.com
Analytics India Salary Study 2020 – By AIM & Jigsaw Academy

AI & Data Science Salary Study 2021 – By AIM & AnalytixLabs

The annual Analytics India Salary report presented by AIM and AnalytixLabs is the only annual study in India that delves into salary trends and provides a comprehensive view of the changing landscape of analytics salaries. The report, now in its seventh year, look at the distribution of average salaries across several categories including years of experience, metropolitan regions, industries, education levels, gender, tools, and skills. The Data Analytics function is experiencing significant growth and development in terms of skills, capabilities, and funding. Last year, despite the pandemic, the Indian start-up industry witnessed $836.3 million investment, almost a 10% (9.7%) increase than the previous year. Also, more than one in five (21%) analytics teams across firms in India witnessed a growth in the last 12 months and the post-pandemic job market saw an upswing of data science jobs. The development of the data science domain is evidenced by the high salaries drawn by analytics professionals across the organization, with Analytics professionals doing relatively well in spite of the pandemic. The scale of growth of any domain is evinced by the salaries drawn by experienced professionals or the growth in the proportion of experienced professionals drawing higher salaries. This past year has indeed been an effective growth year for the Data Science and Analytics domain, with an increase in the median salary in the analytics function and a corresponding increase in salaries and the proportion of professionals in the upper experience cadre. To know more about our research services, visit AIMResearch Read reports from previous years. 2020 | 2019 | 2018 | 2017 | 2016 | 2015 Key Highlights The median salary of analytics professionals in India in 2021 is INR 13.4 Lakhs – a 6.9% decline over the 2020 median salary of INR 14.4 Lakhs. Much of the decrease in salary can be attributed to the pandemic. In spite of this, the median has remained above the 2019 median.The proportion of the analytics professionals remains the highest in the entry and middle-income levels (0-6 Lakhs – 38.2% and 6-10 Lakhs – 20.3%). The salary cuts led to an increase in the percentage of Analytics professionals in lower brackets.However, 41.5% of all the analytics professionals fall under the higher income level (greater than 10 Lakhs per annum). The percentage of analytics professionals with greater than 10 lakh salary was 45.6% in 2020, signifying a decrease in the percentage of professionals in the bracket SECTION 1: SALARY DISTRIBUTION ACROSS VARIOUS BRACKETS This section covers the findings of the proportion size and median salaries of analytics professionals across experience and salary levels. While the median salary of all analytics professionals is 13.4 Lakhs, the greatest proportion of analytics professionals fall under the 0-6 Lakhs category at 38.2%. This is followed by the 6-10 Lakhs salary level that has 20.3% of the analytics professionals. However, 41.5% of all the analytics professionals fall under the higher income level, greater than 10 Lakhs. The salary levels of 10-15, 15-25, 25- 50 Lakhs have significant proportions of 16%, […]

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