Data Analytics Lead Salary in 2024

Salary details

The average Data Analytics Lead salary lies between USD 128,300 and USD 198,400 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. 15, 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, SQL and Python. 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:

Data Analytics | 124 jobs SQL | 75 jobs Python | 74 jobs Statistics | 57 jobs Engineering | 52 jobs Tableau | 48 jobs Power BI | 48 jobs Data analysis | 42 jobs Machine Learning | 37 jobs Privacy | 35 jobs Computer Science | 34 jobs Security | 33 jobs Agile | 32 jobs Data visualization | 32 jobs Data quality | 31 jobs R | 30 jobs Research | 30 jobs Business Intelligence | 30 jobs Excel | 29 jobs Data management | 29 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, Health care and Competitive pay. 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 | 87 jobs Health care | 51 jobs Competitive pay | 40 jobs Startup environment | 37 jobs Medical leave | 34 jobs Flex hours | 31 jobs Parental leave | 26 jobs Insurance | 26 jobs Equity / stock options | 25 jobs Salary bonus | 25 jobs Wellness | 21 jobs Team events | 20 jobs Flex vacation | 15 jobs 401(k) matching | 11 jobs Transparency | 11 jobs Relocation support | 9 jobs Unlimited paid time off | 7 jobs Home office stipend | 5 jobs Conferences | 4 jobs Fertility benefits | 4 jobs

Salary Composition for a Data Analytics Lead

The salary for a Data Analytics Lead typically comprises a base salary, performance bonuses, and additional remuneration such as stock options or benefits. The base salary is the fixed component and usually forms the largest part of the total compensation package. Performance bonuses can vary significantly depending on the company's performance and individual achievements. Additional remuneration might include stock options, especially in tech companies, or other benefits like health insurance, retirement plans, and professional development allowances.

The composition can vary based on region, industry, and company size. For instance, tech companies in Silicon Valley might offer higher base salaries and substantial stock options, while companies in other regions might focus more on bonuses. Larger companies often have more structured compensation packages, whereas startups might offer more equity to attract talent.

Steps to Increase Salary from This Position

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

• Skill Enhancement: Continuously update your skills in the latest AI/ML technologies and data science methodologies. Specializing in emerging areas like deep learning or natural language processing can make you more valuable.

• Leadership and Management: Develop your leadership and project management skills. Taking on more responsibilities or leading larger teams can justify a higher salary.

• Networking and Industry Engagement: Engage with industry peers through conferences, workshops, and online forums. Networking can open up opportunities for higher-paying roles.

• Advanced Education: Pursuing further education, such as an MBA or a specialized master's degree, can position you for higher-level roles.

• Performance and Results: Demonstrating a track record of successful projects and tangible business results can be a strong negotiating point for a salary increase.

Educational Requirements

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 or Ph.D. in data science, analytics, or a related field is often preferred, especially for roles in leading companies or those involving complex data challenges.

Helpful Certifications

Certifications can enhance your credibility and demonstrate your commitment to the field. Some valuable certifications include:

• Certified Analytics Professional (CAP)
• Google Professional Data Engineer
• Microsoft Certified: Azure Data Scientist Associate
• AWS Certified Machine Learning – Specialty
• SAS Certified Data Scientist

These certifications can help validate your skills and knowledge in data analytics and machine learning.

Required Experience

Typically, a Data Analytics Lead is expected to have 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. Experience in leading projects and teams is also crucial, as the role involves significant leadership responsibilities.

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