Associate Salary in Australia during 2024

Salary details

The average Associate salary lies between USD 104,975 and USD 179,630 in Australia. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Dec. 22, 2024

Top 20 Job Tags for Associate roles

The three most common job tag items assiciated with Associate job listings are Python, Engineering and SQL. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Python | 4033 jobs Engineering | 3317 jobs SQL | 2974 jobs Machine Learning | 2631 jobs Computer Science | 2440 jobs Statistics | 2401 jobs Research | 2333 jobs R | 1688 jobs Mathematics | 1640 jobs Data management | 1574 jobs Data Analytics | 1528 jobs Testing | 1505 jobs Data analysis | 1486 jobs Finance | 1441 jobs Agile | 1441 jobs AWS | 1365 jobs Excel | 1342 jobs Tableau | 1291 jobs Security | 1278 jobs Architecture | 1186 jobs

Top 20 Job Perks/Benefits for Associate roles

The three most common job benefits and perks assiciated with Associate job listings are Career development, Health care and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 4393 jobs Health care | 1913 jobs Flex hours | 1586 jobs Competitive pay | 1260 jobs Team events | 1165 jobs Startup environment | 1020 jobs Wellness | 955 jobs Equity / stock options | 804 jobs Flex vacation | 783 jobs Insurance | 733 jobs Salary bonus | 640 jobs Parental leave | 631 jobs Medical leave | 523 jobs Conferences | 352 jobs Relocation support | 319 jobs Transparency | 295 jobs 401(k) matching | 264 jobs Fitness / gym | 184 jobs Home office stipend | 134 jobs Flexible spending account | 105 jobs

Salary Composition

In Australia, the salary composition for an Associate role in AI/ML/Data Science typically includes a fixed base salary, which forms the bulk of the compensation package. This base salary is often complemented by a performance-based bonus, which can vary significantly depending on the company’s policies, the individual's performance, and the overall success of the team or project. Additional remuneration might include stock options, especially in tech companies or startups, and other benefits such as health insurance, retirement contributions, and professional development allowances. The exact composition can vary based on the region, with major cities like Sydney and Melbourne often offering higher base salaries due to the higher cost of living. Industry also plays a role; for instance, finance and tech sectors might offer more competitive packages compared to academia or public sector roles. Company size can influence the package as well, with larger companies potentially offering more comprehensive benefits and bonuses.

Steps to Increase Salary

To increase your salary from an Associate position, consider pursuing further specialization in a niche area of AI/ML, such as natural language processing, computer vision, or reinforcement learning. Gaining expertise in these areas can make you more valuable to employers. Additionally, seeking leadership roles or project management responsibilities can demonstrate your ability to handle more complex tasks and lead teams, which can justify a higher salary. Networking within the industry and attending relevant conferences can also open up opportunities for higher-paying positions. Pursuing further education, such as a master's or Ph.D., can also enhance your qualifications and potentially lead to higher-paying roles.

Educational Requirements

Most Associate roles in AI/ML/Data Science require at least a bachelor's degree in a related field such as computer science, data science, mathematics, statistics, or engineering. However, many employers prefer candidates with a master's degree or higher, as these programs often provide more in-depth knowledge and practical experience in machine learning algorithms, data analysis, and programming. Coursework in statistics, linear algebra, calculus, and programming languages like Python or R is particularly beneficial.

Helpful Certificates

While not always mandatory, certain certificates can enhance your profile and demonstrate your commitment to the field. Certifications such as the Google Professional Machine Learning Engineer, Microsoft Certified: Azure AI Engineer Associate, or AWS Certified Machine Learning – Specialty are well-regarded in the industry. These certifications validate your skills in deploying machine learning models and working with cloud-based AI services, which are increasingly important in modern data science roles.

Required Experience

Typically, an Associate role in AI/ML/Data Science requires at least 1-3 years of relevant experience. This experience can be gained through internships, co-op programs, or entry-level positions in data analysis or software development. Practical experience with data manipulation, statistical analysis, and machine learning model development is crucial. Familiarity with data visualization tools and experience working in collaborative environments using version control systems like Git can also be advantageous.

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