Business Intelligence Lead Salary in 2024

Salary details

The average Business Intelligence Lead salary lies between USD 104,800 and USD 144,300 globally. 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.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Business Intelligence Lead roles

The three most common job tag items assiciated with Business Intelligence Lead job listings are Business Intelligence, SQL and Tableau. 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:

Business Intelligence | 44 jobs SQL | 41 jobs Tableau | 30 jobs Python | 28 jobs Power BI | 26 jobs Data analysis | 25 jobs ETL | 20 jobs Statistics | 20 jobs Finance | 16 jobs Engineering | 15 jobs Data visualization | 15 jobs Computer Science | 15 jobs Mathematics | 13 jobs Machine Learning | 12 jobs Data Warehousing | 11 jobs Looker | 11 jobs AWS | 11 jobs Agile | 11 jobs Azure | 10 jobs R | 9 jobs

Top 20 Job Perks/Benefits for Business Intelligence Lead roles

The three most common job benefits and perks assiciated with Business Intelligence Lead job listings are Career development, Flex hours and Health care. 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 | 32 jobs Flex hours | 16 jobs Health care | 15 jobs Parental leave | 14 jobs Insurance | 13 jobs Salary bonus | 13 jobs Competitive pay | 12 jobs Team events | 11 jobs Gear | 10 jobs Startup environment | 10 jobs Medical leave | 10 jobs Equity / stock options | 8 jobs Flex vacation | 8 jobs Wellness | 8 jobs 401(k) matching | 5 jobs Pet friendly | 3 jobs Fertility benefits | 3 jobs Yoga | 2 jobs Home office stipend | 2 jobs Lunch / meals | 1 jobs

Salary Composition for a Business Intelligence Lead in AI/ML/Data Science

The salary for a Business Intelligence Lead in AI/ML/Data Science typically comprises a base salary, performance bonuses, and additional remuneration such as stock options or benefits. The base salary is often the largest component, accounting for 70-80% of the total compensation package. Performance bonuses can vary significantly, ranging from 10-20% of the base salary, depending on the company's performance and individual achievements. Additional remuneration, such as stock options, profit-sharing, or benefits like health insurance and retirement plans, can make up the remaining 5-10%.

Regional differences play a significant role in salary composition. For instance, salaries in tech hubs like San Francisco or New York are generally higher due to the cost of living and demand for talent. Industry also impacts salary; tech companies often offer more competitive packages compared to sectors like healthcare or manufacturing. Company size can influence the compensation structure, with larger companies typically offering more comprehensive benefits and stock options.

Steps to Increase Salary from a Business Intelligence Lead Position

To increase your salary from a Business Intelligence Lead position, consider the following strategies:

• Skill Enhancement: Continuously update your skills in AI/ML and data science. Mastering new tools and technologies can make you more valuable to your employer.
• Advanced Education: Pursuing further education, such as a master's degree or specialized certifications, can position you for higher-paying roles.
• Leadership Roles: Aim for leadership positions such as Director of Business Intelligence or Chief Data Officer, which come with higher salaries.
• Industry Networking: Build a strong professional network to learn about new opportunities and salary benchmarks.
• Performance Excellence: Consistently exceed performance expectations to justify salary increases or promotions.

Educational Requirements for a Business Intelligence Lead

Most Business Intelligence Lead positions require at least a bachelor's degree in a related field such as Computer Science, Information Systems, Data Science, or Business Administration. A master's degree in Business Analytics, Data Science, or an MBA with a focus on technology can be advantageous and is often preferred by employers. Strong analytical skills, a solid understanding of business operations, and proficiency in data analysis tools are essential.

Helpful Certifications for a Business Intelligence Lead

Certifications can enhance your credentials and demonstrate expertise in specific areas. Some valuable certifications include:

• Certified Business Intelligence Professional (CBIP): Recognized for expertise in business intelligence and data management.
• Microsoft Certified: Data Analyst Associate: Validates skills in using Microsoft Power BI for data analysis.
• Tableau Desktop Specialist: Demonstrates proficiency in using Tableau for data visualization.
• AWS Certified Data Analytics – Specialty: Focuses on data analytics services on the AWS platform.
• Google Data Analytics Professional Certificate: Offers foundational knowledge in data analytics.

Experience Required for a Business Intelligence Lead

Typically, a Business Intelligence Lead role requires 5-10 years of experience in data analysis, business intelligence, or a related field. Experience in leading teams, managing projects, and implementing BI solutions is crucial. Familiarity with data warehousing, ETL processes, and data visualization tools is often required. Experience in a specific industry can be beneficial, as it provides context and understanding of industry-specific data challenges.

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