Data Analytics Lead Salary in 2023

Salary details

The average Data Analytics Lead salary lies between USD 84,000 and USD 115,920 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: Dec. 22, 2024

Salary trend

Top 20 Job Tags for Data Analytics Lead roles

The three most common job tag items assiciated with Data Analytics Lead job listings are Data Analytics, Python and SQL. Below you find a list of the 20 most occuring job tags in 2023 and the number of open jobs that where associated with them during that period:

Data Analytics | 22 jobs Python | 18 jobs SQL | 14 jobs Research | 13 jobs R | 11 jobs Tableau | 9 jobs Testing | 9 jobs Data analysis | 9 jobs Statistics | 8 jobs Security | 7 jobs Power BI | 7 jobs Agile | 7 jobs Kubernetes | 6 jobs R&D | 6 jobs Looker | 5 jobs Excel | 5 jobs KPIs | 4 jobs Data quality | 4 jobs Machine Learning | 3 jobs Engineering | 3 jobs

Top 20 Job Perks/Benefits for Data Analytics Lead roles

The three most common job benefits and perks assiciated with Data Analytics Lead job listings are Career development, Equity / stock options and Startup environment. Below you find a list of the 20 most occuring job perks or benefits in 2023 and the number of open jobs that where offering them during that period:

Career development | 17 jobs Equity / stock options | 10 jobs Startup environment | 10 jobs Flex hours | 9 jobs Parental leave | 7 jobs Flex vacation | 7 jobs Relocation support | 6 jobs Health care | 5 jobs Competitive pay | 4 jobs Team events | 4 jobs Unlimited paid time off | 2 jobs 401(k) matching | 1 jobs Lunch / meals | 1 jobs Wellness | 1 jobs Transparency | 1 jobs Conferences | 1 jobs Yoga | 1 jobs Medical leave | 1 jobs Insurance | 1 jobs Salary bonus | 1 jobs

Salary Composition for a Data Analytics Lead

The salary for a Data Analytics Lead typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The composition can vary significantly depending on the region, industry, and company size. In North America, particularly in tech hubs like Silicon Valley, the base salary might constitute around 70-80% of the total compensation, with bonuses and stock options making up the rest. In contrast, in regions with a lower cost of living, the base salary might be a larger percentage of the total compensation. Industries such as finance and technology often offer higher bonuses compared to sectors like healthcare or education. Larger companies may provide more comprehensive benefits and stock options, while smaller companies might offer higher base salaries to attract talent.

Steps to Increase Salary from a Data Analytics Lead Position

To increase your salary from a Data Analytics Lead position, consider the following strategies:

• Skill Enhancement: Continuously update your skills in emerging technologies and methodologies in AI/ML and data science. Specializing in niche areas can make you more valuable.
• Advanced Education: Pursuing further education, such as a master's degree or an MBA, can open up higher-paying opportunities.
• Leadership Roles: Aim for roles with greater responsibility, such as a Director of Analytics or Chief Data Officer, which typically come with higher compensation.
• Industry Change: Transitioning to a higher-paying industry, such as finance or tech, can result in a significant salary increase.
• Networking: Building a strong professional network can lead to opportunities in higher-paying roles or companies.

Educational Requirements for a Data Analytics Lead

Most Data Analytics Lead positions require at least a bachelor's degree in a related field such as computer science, statistics, mathematics, or engineering. However, a master's degree in data science, business analytics, or a related field is often preferred and can provide a competitive edge. Some roles may also value an MBA, especially if the position involves significant business strategy responsibilities.

Helpful Certifications for a Data Analytics Lead

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

• Certified Analytics Professional (CAP): Validates your ability to transform data into valuable insights.
• Google Data Analytics Professional Certificate: Offers foundational skills in data analysis.
• Microsoft Certified: Azure Data Scientist Associate: Focuses on using Azure for data science solutions.
• AWS Certified Machine Learning – Specialty: Demonstrates expertise in building, training, and deploying machine learning models on AWS.

Experience Required for a Data Analytics Lead

Typically, a Data Analytics Lead position requires 5-10 years of experience in data analytics or a related field. This experience should include hands-on work with data analysis, statistical modeling, and machine learning. Leadership experience, such as managing a team or leading projects, is also crucial. Experience in a specific industry can be beneficial, as it provides domain knowledge that can be applied to analytics projects.

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