The dynamism of the data market in 2024 continues to offer fascinating prospects for professionals in the field. With the advancement of technology and the growing importance of data in business decisions , understanding the compensation structure of data analysts becomes essential.
In this content, we will explore how much a data analyst earns in 2024, through the most recent results of the State of Data 2023 survey , offering a detailed overview of salaries by job level in the sector, great for malaysia email list professionals and managers in terms of benchmark comparisons and guidelines for applying current salary remunerations.
Topics covered in the article:
What are the main differences between Junior, Mid-level and Senior Data Analysts?
Data Analyst Salary: How Much Does a Data Analyst Earn in 2024?
Valuing Expertise: The Escalation of Salaries in Data Analytics
Salary Trends and a Promising Future in Data Analytics
Elevate Your Impact in Data Analytics: The Art of Storytelling That Transforms Careers
What are the main differences between Junior, Mid-level and Senior Data Analysts?
Before we talk about how much a Data Analyst earns, it is worth understanding the classification of each Data Analyst job level and how it reflects the spectrum of skills, experience, and contributions to data-driven decision-making . Let's explore the differences between junior, mid-level, and senior levels.
Junior Data Analyst: With up to two years of experience, these analysts are in the skills development phase. They are learning to use tools such as SQL and Excel, and are primarily involved in collecting and cleaning data, performing descriptive analyses under guidance. With up to two years of experience, these analysts are in the skills development phase. They are learning to use tools such as SQL and Excel, and are primarily involved in collecting and cleaning data, performing descriptive analyses under guidance.
Full-time Data Analyst: With two to five years of experience, these professionals have intermediate to advanced knowledge of programming languages such as Python or R, as well as data visualization tools such as Tableau or Power BI. They perform more complex analyses, including predictive models, and begin to have more autonomy in managing projects.
Senior Data Analyst: With over five years of experience, these analysts have a deep understanding of advanced statistical modeling, machine learning, and data engineering techniques. Their expertise enables them to lead teams, develop complex analytical strategies, and communicate insights directly to stakeholders and decision-makers. With over five years of experience, these analysts have a deep understanding of advanced statistical modeling, machine learning, and data engineering techniques. Their expertise enables them to lead teams, develop complex analytical strategies, and communicate insights directly to stakeholders and decision-makers.
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Check out this video on our YouTube channel about Data Analyst Salary. Antonio Bennati, Manager and Data Analysis Specialist, made a complete analysis of the State of Data survey, bringing exclusive tips and observations. Press play and check it out!
Data Analyst Salary: How Much Does a Data Analyst Earn in 2024?
Below, we’ll take a closer look at data analytics salaries, based on the State of Data 2023 survey . This survey provides valuable insights into the salary distribution across different levels of experience and responsibility within the data analytics field, highlighting salary trends and expectations for professionals working in this dynamic and ever-evolving field.
Junior Analysts
The highest salaries are in the range of R$4k to R$6k per month , with 38.9% of professionals receiving within this range.