For these jobs, the competition is fierce. The jobs site Glassdoor has a rundown of the top 20 jobs that earn over $100,000--and face stiff competition. All the jobs on the list got at least 1,000 searches over the past month on Glassdoor and have at least 1,000 active job openings. For every single job opening for these positions, companies get multiple applicants.
Analytics India Magazine (AIM) along with Jigsaw Academy, has developed this study to focus on the impact on jobs across certain emerging technologies. Jigsaw Academy, with over 400 years of combined teaching experience, including online and remote learning delivery, is adept at training and upskilling professionals and freshers in key capabilities in emerging technologies like business analytics, data science, artificial intelligence, deep learning, cybersecurity, full stack development, and cloud computing, to name but a few. The broad Information Technology domain experienced significant growth and consolidation in 2019-2020. At the beginning of this year, various studies conducted by Analytics India Magazine indicated that the IT domain in general, and the specific domains of Artificial Intelligence, Deep Learning, Data Analytics, Machine Learning, and Cyber Security domains, to name a few, were experiencing significant growth in terms of revenues, investments, and salaries. Despite the lockdown and recessionary trends, specific domains and technologies across the IT space continue to develop at a steady space. The Covid pandemic has unfortunately affected the broader global and Indian economies – economic activity across the globe has slowed down after a strict lockdown in activity across all major economies. One of the other impacts of the disruption, due to the unfortunate recession and pandemic, is that there has been a shift of jobs and roles to Tier 2 and Tier 3 cities. Before the lockdown, a small percentage of job roles ( 3-4%) were advertised for the Tier 2 and Tier 3 cities – locations outside the IT, Technology, and BPO hubs. There has now been a significant shift to an average of about 8% of the jobs advertised in tier 2 and Tier 3 cities. This highlights that jobs are now increasingly becoming location independent and now advertised across several locations, including small cities and large towns.
Similarly, using Excel, working for an older company, and being a woman had a strong correlation to a lower salary, according to O'Reilly's recent 2016 Data Science Salary Survey. Now in its fourth year, O'Reilly's report is based on data collected from more than 900 respondents, which was subsequently run through uses of models to try to tease out the pertinent bits. For example, the median salary for the entire sample was $87,000. That's down from the $91,000 average recorded in last year's survey. But don't worry: the decline was mostly due to a higher share of young non-U.S.
If you can't find a job, or are working three part-time jobs with low wages, it's easy to be filled with doom and gloom. But here's some good news: The job market in 2017 is projected to be the healthiest in years. Given this positive outlook, the best solution to your employment woes might be to change your occupation altogether. But before you decide to switch up your career, you should probably do some research. Not what you were expecting?
You say you're an old-school business intelligence or data-warehousing professional? Well, like many technology professionals, you're likely to be treading water when it comes to salaries and total compensation. This is just one of the conclusions of InformationWeek's new BI & Analytics Salary Survey 2014. Data from our survey, conducted from November 2013 to February 2014 among 410 staff and 336 managers shows BI/analytics staff reporting a median base salary of 87,000 and a median increase of 1.9%, and management base salaries at a median level of 110,000 with a median increase of 1.7%. Data integration/warehousing managers are seeing a healthier median increase of 2.8%, with a median base salary of 120,000.