The field of data science has experienced tremendous growh and
is in high demand, with organiztions across industries
increasingly relying on data-driven insights for
decision-making. As a result, data science jobs have become
sought after by individuals seeking rewarding and
well-compensated careers. It is important to understand the
industry landscape and make informed career choices now.
Explore the visualizations below to learn more about the status
and prospects of data science careers.
Due to the global impact of the COVID-19 pandemic since 2020,
many companies have implemented remote work or hybrid work
models. However, as the situation improves, numerous positions
have gradually transitioned back to on-site work starting from
2022.
From 2020 to 2022, the percentage of remote positions are all
above 50% and higher than the percentage of on-site positions,
indicating that remote work was still the mainstream in the
industry. However, from 2023 onward, the percentage of remote
positions becomes (35.35%), which is lower than the percentage
of on-site positions (63.29%), indicating that the industry is
gradually returning to on-site work. Data Science job seekers
should be aware of this trend and be prepared to work on-site.
EN: Entry-level, ML: Mid-level, SN: Senior, EX: Executive
We can see that salaries for executive-level positions are
constantly increasing and were not affected by the pandemic,
while salaries for entry-level, mid-level and senior positions
all decreased in 2021 and then rebound from 2021 onward.
However, in terms of the growth rate of salary, we can see that
the growth rate of executive-level positions is the lowest,
while the growth rate of entry-level positions is the highest,
which is a good sign for entry-level job seekers.
(Click on the legends to see the salary trend of different
job levels.)
Full Time Average Salary by Region in 2023
In conclusion, the data science industry is witnessing a shift towards on-site work, while the salary for entry-level positions is experiencing rapid growth. It is important to note that the average salary for data science positions varies significantly by region. Aspiring data science professionals should stay updated on industry developments and salary trends across different job levels. Hope this website can help you make informed career choices ;)!