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Most Data Scientists are Underpaid
- archiewood 4y agoI scraped salary data to work out how data scientists can earn more: - DS salaries have been going up at 7-9% per year - Those with a PhD earn an extra $45k than those with a Master’s - DS in the West is paid $30k+ more than other regions; those in the Southeast are paid the lowest - After FAANG, the highest salaries were for other Tech, O&G and Healthcare
- nomilk 4y agoWell done. Love the use of Open AI to determine location! I analysed similar data (gathered via a rails app that scraped Aussie data scientist jobs data every hour for 2 years: https://www.kaggle.com/code/nomilk/data-science-language-and-job-trends-2022 https://www.kaggle.com/code/nomilk/data-science-language-and...). Salaries were trending down (!), however, I guess it's because lucrative roles like "ML engineer", and "data engineer" no longer go by the name of "data scientist" as they have in the past.
- archiewood 4y agoYeah it's pretty awesome. Keen to try the API at some point soon to see if I can use it at higher scale. Very cool project - much more data than mine... Perhaps salaries seem to be declining because it's using job post listing salaries not actual paid salaries? I can imagine the negotiation position to get above listed is much higher now than in 2019?
- marto1 4y agoDoes anyone even know what a high performing data scientist looks like ? We know about the 10x dev meme and how highly paid they can be, but has data science defined it's niche enough to demand higher salaries ?