DATA & ANALYTICS SALARY GUIDE

Transcription

1 page 1 harnham.com/us DATA & ANALYTICS SALARY GUIDE 2017 The definitive source of salary information for the Data & Analytics market

2 page 2 SALARY GUIDE INTRODUCTION A WORD FROM STEPHANIE I am pleased to present the 2017 Harnham salary guide the first we have compiled and distributed in the US. As the world s leading supplier of Data and Analytics staff, this is an exciting time for us. In an era where data production has reached an incredible 2.5 quintillion bytes per day, the demand for people to analyze, manipulate, model, and derive insights from this data is bigger than ever. With bicoastal offices, our reach and capabilities span the US, so we ve spent much of this year adding more excellent recruiters to our specialist teams to meet the demand for top talent. Many of you may know Harnham already if we ve partnered with you as a candidate or client over the past 11 years. If not, my team and I look forward to working with you in the coming months and years. I hope that you find this guide useful. Stephanie Brooks ABOUT STEPHANIE BROOKS Stephanie brings over 10 years of commercial business development success and technical recruitment expertise to Harnham. She has built three businesses from the ground up and specializes in exceptional delivery to customers across startups and large global organizations. Presently, she is committed to upholding Harnham s position as the global leader in Data and Analytics recruitment by setting and delivering the growth strategy for the business across the Americas

3 page 3 ABOUT THIS GUIDE As part of our growing US presence, we continually monitor trends in the Data and Analytics market. We have brought you our key findings in what will be the first of our annual salary guides. Our data for this guide is collated from analytics professionals across the, along with: _ Every role registered with Harnham during 2016 _ Insights from candidates we have worked with _ Our internal analysis of the hiring market _ External market analysis via surveys Salaries are broken down by experience level and in a broad sense, they represent the following guide to likely years of experience: Entry Level 02 years MidLevel 36 years Senior Technical or Manager Level 710 years Director Level 11 years + of our clients plan to expand their Analytics teams in 2017 (From our poll at the Big Data conference April 2017.)

4 page 4 TREND WATCH Delve a little deeper into the topical market trends we have uncovered. The intersection between Data Science and cyber security is going to be an area of industry development in 2017, changing the way online threats are dealt with. 65% of our San Francisco based clients are businesses that are less than eight years old. Model validation is becoming a more indemand skillset due to CCAR compliance regulation demands. Marketing analysts are increasingly required to have a deeper understanding of a greater number of digital platforms. 76% of our clients plan to expand their analytics teams in 2017 (from our poll at the Big Data Conference).

5 page 5 CREDIT RISK As predicted by market experts, the everchanging Credit Risk environment has prospered in less rigid forms. The growth of shortterm lending has continued with the emergence of peertopeer lenders massively disrupting the industry. The parameters of standard banking have come up against this quick, easy, and feasible alternative. The forecasted success for aspiring P2P lending platforms is bolstered due to increased speed in application processing and reduced time to access funds. OUR CONSULTANT S THOUGHTS: Credit Risk professionals remain at the heart of most financial services organizations, due to increased regulatory pressures that have swept through the US; especially within the subprime market. Sam Maughan

6 page 6 CREDIT RISK NEW YORK SAN FRANCISCO CREDIT RISK Experience Level Credit Risk Analyst Senior Risk Analyst Credit Risk Manager Sr Manager / Director of Credit Risk VP of Credit Risk Head of Risk / CRO ANNUAL PERMANENT SALARY AVERAGE Salary range Median Key $72K $91K $97K $111K $108K $136K $144K $188K $191 $230K $225K $272K $84K $106K $120K $171K $214K $265K 02 Years 24 Years 46 Years 68 Years 810 Years CHICAGO BOSTON TEXAS, DC & LA Credit Risk Analyst Senior Risk Analyst Credit Risk Manager Sr Manager / Director of Credit Risk VP of Credit Risk Head of Risk / CRO $64 $82K $67K $86K $90K 108K $126K $162K $162K $198K $203K $253K $73K $79K $101K $141K $165K $225K 02 Years 24 Years 46 Years 68 Years 810 Years GEORGIA SEATTLE NC & ST. LOUIS Credit Risk Analyst Senior Risk Analyst Credit Risk Manager Sr Manager / Director of Credit Risk VP of Credit Risk Head of Risk / CRO $60K $74K $63K $79K $84K $103K $120K $153K $153K $187K $189K $243K $68K $74K $96K $134K $165K $222K 02 Years 24 Years 46 Years 68 Years 810 Years

7 page 7 BIG DATA DATA & TECHNOLOGY 2016 saw more organizations storing, processing, and extracting value from data of all forms and sizes as well as innovative ways to analyze larger volumes of data more quickly than ever before. This need for faster processing technologies that enable more adhoc queries in realtime has seen vendors who can support and empower Big Data professionals compete for those brands who are immersing themselves in data analysis. In 2017 and beyond, companies of all sizes will be creating strategies to extract greater value from IoT and dark data using cloudbased applications to reduce costs and increase flexibility for a more comprehensive view of performance. OUR CONSULTANT S THOUGHTS: Real time processing is one of the biggest requirements in the Big Data space right now, we are seeing a real need for people who excel in using live streaming tools. The most sought after tools our clients require are: Spark, Scala and Kafka. Jamie King

8 page 8 ANNUAL PERMANENT SALARY AVERAGE BIG DATA DATA & TECHNOLOGY NEW YORK SAN FRANCISCO DATA & TECHNOLOGY Experience Level Big Data Software Engineer Senior Big Data Engineer Big Data Architect Senior Big Data Architect Manager / Dir of Big Data VP of Big Data Salary range Median Key $91K $127K $104K 02 Years $114K $158K $132K 24 Years $107K $141K $131K 46 Years $119K $155K $139K 68 Years $163K $189K $171K 810 Years $211K $241K $230K BOSTON CHICAGO DC, LA & SEATTLE Big Data Software Engineer Senior Big Data Engineer Big Data Architect Senior Big Data Architect Manager / Dir of Big Data VP of Big Data $87K $124K $109K $155K $103K $129K $111K $143K $154K $174K $181K $209K $97K $132K $127K $132K $167K $198K 02 Years 24 Years 46 Years 68 Years 810 Years GEORGIA TEXAS NC Big Data Software Engineer Senior Big Data Engineer Big Data Architect Senior Big Data Architect Manager / Dir of Big Data VP of Big Data $81K $118K $95K $129K $98K $131K $109K $134K $141K $168K $174K $198K $98K $119K $127K $126K $157K $181K 02 Years 24 Years 46 Years 68 Years 810 Years FLORIDA Big Data Software Engineer Senior Big Data Engineer Big Data Architect Senior Big Data Architect Manager / Dir of Big Data VP of Big Data $78K $121K $91K $133K $95K $139K $105K $131K $132K $169K $175K $204K $99K $125K $129K $121K $157K $198K 02 Years 24 Years 46 Years 68 Years 810 Years

9 page 9 BUSINESS INTELLIGENCE DATA & TECHNOLOGY Business Intelligence and Analytics is continuing to grow into 2017 with a forecast growth of $22.8 billion by Data Governance is increasing in prominence as the bond between Data Analytics and IT security grows ever closer. This leads to more robust and secure BI tools with a focus on minimizing operational risk. The advances in visualization software have led to an increase in demand for candidates who have commercial experience working with tools like Tableau or Qlikview, as organizations are seeking more visual, responsive reports to generate business insights. OUR CONSULTANT S THOUGHTS: BI analysts with Qlikview or Tableau experience are more in demand than ever, as businesses of all sizes are expanding their selfservice analytics functions, enabling business functions to understand how their activity impacts overall company performance. Mark Hedges

10 page 10 ANNUAL PERMANENT SALARY AVERAGE BUSINESS INTELLIGENCE DATA & TECHNOLOGY NEW YORK SAN FRANCISCO BUSINESS INTELIGENCE Experience Level BI Analyst / Data Analyst BI Developer Senior BI Developer BI Manager BI Architect Director / VP of Business Intelligence Salary range Median Key $67K $89K $81K 02 Years $104K $132K $125K 24 Years $131K $159K $147K 46 Years $142K $177K $171K 68 Years $137K $173K $165K 810 Years $187K $219K $211K BOSTON CHICAGO DC, LA & SEATTLE BI Analyst / Data Analyst BI Developer Senior BI Developer BI Manager BI Architect Director / VP of Business Intelligence $63K $81K $95K $122K $117K $142K $129K $155K $131K $177K $170K $205K $73K $112K $130K $141K $162K $199K 02 Years 24 Years 46 Years 68 Years 810 Years GEORGIA TEXAS NC BI Analyst / Data Analyst BI Developer Senior BI Developer BI Manager BI Architect Director / VP of Business Intelligence $61K $82K $91K $115K $109K $144K $121K $145K $129K $170K $167K $202K $64K $98K $131K $133K $144K $181K 02 Years 24 Years 46 Years 68 Years 810 Years FLORIDA BI Analyst / Data Analyst BI Developer Senior BI Developer BI Manager BI Architect Director / VP of Business Intelligence $59K $80K $84K $105K $99K $142K $119K $157K $129K $161K $175K $220K $70K $93K $131K $140K $135K $208K 02 Years 24 Years 46 Years 68 Years 810 Years

11 page 11 MARKETING & INSIGHT As the number of marketing channels grows, traditional marketing analytics is rapidly adapting to make sure companies can reach their customers. As a result of the narrowing gap between Marketing, Digital, and Data Science, the demand for candidates with omnichannel experience, who are technically advanced in modeling, coding, and managing, is showing no sign of diminishing in today s consumercentric business environment; which means experienced, handson analytics managers are in the highest demand. OUR CONSULTANT S THOUGHTS: Analysts now must have exposure to online tools such as Google Analytics or Omniture as well as open source technologies, and be able to deliver insights to answer key business questions. Jenni Kavanagh

12 page 12 ANNUAL PERMANENT SALARY AVERAGE MARKETING & INSIGHT BOSTON NEW YORK SAN FRANCISCO MARKETING & INSIGHT Experience Level Junior Marketing Analyst Senior Marketing Analyst Marketing Analytics Manager Director of Marketing Analytics VP of Marketing Analytics Salary range Median Key $55K $65K $60K 01 Year $77K $99K $88K 13 Years $105 $133K $109K 36 Years $144K $170K $157K 610 Years $194 $248K $211K CHICAGO DC & LA Junior Marketing Analyst Senior Marketing Analyst Marketing Analytics Manager Director of Marketing Analytics VP of Marketing Analytics $50K $59K $71K $89K $94K $120K $130K $153K $175K $223K $55K $85K $111K $142K $204K 01 Year 13 Years 36 Years 610 Years GEORGIA SEATTLE TEXAS & NC Junior Marketing Analyst Senior Marketing Analyst Marketing Analytics Manager Director of Marketing Analytics VP of Marketing Analytics $47K $54K $62K $84K $89K $113K $123 $145K $165K $211K $50K $75K $105K $132K $190K 01 Year 13 Years 36 Years 610 Years FLORIDA Junior Marketing Analyst Senior Marketing Analyst Marketing Analytics Manager Director of Marketing Analytics VP of Marketing Analytics $44K $53K $63K $79K $90K $107K $116K $135K $155K $199K $49K $72K $101K $128K $182K 01 Year 13 Years 36 Years 610 Years

13 page 13 DATA SCIENCE Data Science continues to be the fastestgrowing sector in analytics. Companies who have historically been driven by their Data now see the benefits of an algorithmic approach to all aspects of their business. Building a centralized Data Science department is proving to yield strategic opportunity, and as such, competition for talent is fierce. This competition is prevalent both through the hiring and job search processes, as each graduating year brings a slew of highly talented individuals with Masters and Ph.D. degrees to the marketplace. OUR CONSULTANT S THOUGHTS: The net result of market competition is a very broad salary benchmark. There are no doubts that salaries will continue to rise, but it s important that candidates pay attention to longterm career progression, rather than just the salary and package offered. Adam Keene

14 page 14 ANNUAL PERMANENT SALARY AVERAGE DATA SCIENCE BOSTON NEW YORK SAN FRANCISCO DATA SCIENCE Experience Level Data Scientist Senior Data Scientist Principal / Lead Data Scientist Manager of Data Science Director of Data Science VP / Chief Data Scientist Salary range Median Key $97K$123K $112K 02 Years $132K$150K $145K 24 Years $141k $174K $161K 46 Years $155K$184K $172K 68 Years $191K $240K $216K 810 Years $233K $294K $254K CHICAGO DC, LA & SEATTLE Data Scientist Senior Data Scientist Principal / Lead Data Scientist Manager of Data Science Director of Data Science VP / Chief Data Scientist $85K $122K $118K $130K $124K $149K $139K $165K $168K $189K $193K $231K $101K $126K $132K $154K $175K $221K 02 Years 24 Years 46 Years 68 Years 810 Years ST. LOUIS GEORGIA TEXAS & NC Data Scientist Senior Data Scientist Principal / Lead Data Scientist Manager of Data Science Director of Data Science VP / Chief Data Scientist $81K $108K $105K $119K $124K $142K $131K $151K $158K $184K $172K $219K $94K $114K $132K $145K $170K $202K 02 Years 24 Years 46 Years 68 Years 810 Years FLORIDA Data Scientist Senior Data Scientist Principal / Lead Data Scientist Manager of Data Science Director of Data Science VP / Chief Data Scientist $75K $87K $97K $112K $105K $121K $116K $132K $140K $165K $162K $191K $80K $105K $114K $124K $153K $181K 02 Years 24 Years 46 Years 68 Years 810 Years

15 page 15 DIGITAL ANALYTICS Digital Analytics departments will continue to increase in size as they develop their structure. Those businesses who fail to fully embrace online Data will struggle to remain competitive. It is not good enough to pull out of the box reports from Google Analytics anymore. Commonly, a digital analyst is now expected to be a statistics wizard, an implementation specialist, and everything in between. OUR CONSULTANT S THOUGHTS: The most indemand digital analysts are those who understand customer journeys as well as having statistical and database skills. Joshua Poore

16 page 16 ANNUAL PERMANENT SALARY AVERAGE DIGITAL ANALYTICS NEW YORK SAN FRANCISCO DIGITAL ANALYTICS* Experience Level Junior Digital Analyst Senior Digital Analyst Digital Analytics Manager Director of Digital Analytics VP of Digital Analytics Salary range Median Key $59K $67K $61K 01 Year $74K $94K $84K 13 Years $97 $128K $115K 36 Years $142 $167K $156K 610 Years $174K $229K $202K CHICAGO BOSTON DC & LA Junior Digital Analyst Senior Digital Analyst Digital Analytics Manager Director of Digital Analytics VP of Digital Analytics $54K $63K $68K $85K $91K 117K $126K $152K $162K $214K $61K $75K $109K $135K $184K 01 Year 13 Years 36 Years 610 Years GEORGIA SEATTLE ST. LOUIS, TEXAS & NC Junior Digital Analyst Senior Digital Analyst Digital Analytics Manager Director of Digital Analytics VP of Digital Analytics $46K $55K $64K $84K $91K $109K $124K $149K $155K $187K $53K $77K $102K $134K $173K 01 Year 13 Years 36 Years 610 Years FLORIDA Junior Digital Analyst Senior Digital Analyst Digital Analytics Manager Director of Digital Analytics VP of Digital Analytics $44K $52K $60K $77K $82K $105K $116K $132K $145K $175K $51K $69K $97K $127K $166K 01 Year 13 Years 36 Years 610 Years *Pls note we have not split out job titles there is only one function in Digital Analytics, from Junior Digital Analytics to VP of Digital Analytics.

17 page 17 CONTACT HARNHAM We hope you ve found our commentary on the market useful please get in touch with any further questions; we would also love to hear your opinions on how to improve the guide for Beyond finding you your next hire or role, please feel free to get in touch if you need any support from Harnham. You can reach us via any of the following harnham OUR OFFICES NEW YORK / HARNHAM Inc. 85 BROAD STREET, 27th FLOOR, NEW YORK, NY newyorkinfo@harnham.com SAN FRANCISCO / HARNHAM Inc. 600 CALIFORNIA STREET, 13th FLOOR, SAN FRANCISCO, CA sanfraninfo@harnham.com harnham.com/us

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