LinkedIn has ranked the job of a Data Scientist as one of the most promising careers. It is also a lucrative career that allows one to explore many opportunities. Companies across industries are on the lookout for data scientists as they envision harnessing the power of data to drive digital commerce. UK has recently seen a rise in the demand for UK scientists, and businesses are willing to pay them handsomely. Wondering what a Data scientist's salary in the UK is? Keep reading to learn more:
The data scientist job has been categorised as one of the best-paying jobs in the UK. The numbers speak for themselves:
|
Levels |
Salary/Annual |
|
Entry- level |
Up to £80,000 |
|
Mid – Level |
Up to £55,444 |
|
Senior – Level |
Up to £42,400 |
On average, a data scientist makes £55,472 annually.
The salary of a data scientist may be different for each state in the UK. Here is a quick overview of what you can expect to get paid on average in the below states:
England – A data scientist may withdraw £50,593 per year on average when working in England.Even though it is unlawful to pay people unequal salaries for the same services rendered, a difference in salary exists in the UK.
Currently, the gender gap in pay for all employees is 14.9%. This gap suggests that working women must wait for 54 days before they can stop working for free on Women's Pay Day.The difference between a part-timer and a full-timer is the number of hours Full-time works.
Full-time employees require to work 35-40 hours a week. Generally, their work time is divided five days a week – 8 hours per day. A part-time employee, on the other hand, may decide to work shorter shifts, at irregular hours, and on weekends too.Although the job of a data scientist is considered to be tech-based, they may not necessarily be employed by tech companies. Almost all types of industries may benefit or have requirements for data scientists. Some examples of industries that hire data scientists include education, finance, healthcare, retail, e-commerce, scientific research, and more.
Businesses understand the value of data scientists and how data science can help their organisations to make profits and expand in the near future. According to a ten-year approximate data of the Bureau of Labour Statistics, between 2019 and 2019, the employment of data scientists will increase by 11%. This rate happens to be faster than any other occupation.Still unclear about anything? Well, not to worry. Contact AECC and get your queries answered today! AECC is one of the world's leading educational consultancies, with versatile expert professionals ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.
On average, a data scientist working in the UK is likely to be paid £55,472 annually.
Yes, data scientists have well-paid jobs. Their skills are valuable to organisations, and their pay reflects how employers and entrepreneurs want to utilise their skills to benefit their businesses.
Recent findings show that the position of a data scientist is one of the most prestigious jobs, and employers are happy to employ skilled people in their industry. It is one of the fastest-growing job titles as businesses are now highly reliant on AI-generated data that help streamline their decision-making process – in real-time. From predictive analysis for cyber-attacks to scientific research in the field of cancer, the skills of a data scientist are significant.
While both professions are important on the business front, the demand for data scientists is rising. Employers want data-based information to make important decisions for their businesses. Considering the rising importance of data scientists, employers are willing to pay more. A data scientist seems to draw more salary than an MBA professional. On average, a data scientist is paid £55,472 annually, whereas an MBA professional draws £45,291 annually.
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