Data scientists have been in high demand for several years, and that demand is expected to continue to increase through 2020 and beyond. Companies in all industries now understand they must embrace data analysis in order to remain competitive, and that means big data teams will keep growing. Given this high demand and the advanced skill set required of data scientists, salaries will continue to increase each year; good news for current and aspiring data professionals, alike.
What Can Data Scientists Command in New York?
Salaries for data science professionals vary significantly based on geographic location. Smaller cities and areas with a lower cost of living tend to come in on the lower end of the salary scale. In a major metropolitan area like New York, which is a hub for global business, salaries are much higher.
According to Indeed, data scientists can expect to earn around $140,500 per year. Glassdoor lists a slightly lower average salary of $124,927. It is important to remember, however, these are aggregation tools and each site only draws from data input by job posters. It is likely that as you search for big data jobs in New York, you’ll find employers willing to pay above $140,000 and those who are paying below $124,000.
How to Maximize Your Earning Potential as a Data Scientist
One of the best ways to increase your marketability and earning power is to specialize in popular data platforms. According to a recent survey, data scientists with advanced skills in MapReduce earn more than those who lack that acumen. Other lucrative areas of focus include HBase, Apache, Kafka, Pig and Cassandra.
Hadoop skills are still in high demand, as Hadoop is one of the most popular platforms for business intelligence. Data professionals who keep their Hadoop skills up to date can easily command salaries in the upper percentile.
Certifications are also a great tool for boosting your earning power in today’s market. Certifications employers like to see include: Dell EMC Proven Professional, Certified Analytics Professional (CAP), Microsoft Certified Solutions Expert (MCSE), Cloudera Certified Associate (CCA) and Cloudera Certified Professional: CCP Data Engineer.
Don’t Overlook Soft Skills
Data scientists do not work in a vacuum. They must be able to communicate highly complex information to nontechnical, non-analytical members of the organization. They may interact with everyone from individual contributors, managers, division leaders and top executives. Therefore, it is also critical to demonstrate that you have strong verbal and written communication skills, you possess empathy, you are adaptable and even a little diplomatic.
Are You Looking to Earn Top Dollar as a Data Scientist in Manhattan?
There are many lucrative data science jobs out there, but competition is fierce. If you want to uncover great opportunities to earn more and increase the chances of finding a position that aligns with your goals and skills, work with the expert data science recruiters at Talon. Contact us today to learn how we can help you take the next step in your data science career.