European Data Science Salary Report Key Findings
Over the course of 2018 at Big Cloud, we conducted our first European focused Data Science salary survey. With over 800 respondents, the response has been great! We’ve compiled a data-rich look at salaries, work benefits, the most popular industry sectors, top skills, and much more.
The most responses came from professionals in Germany, the United Kingdom, France, Netherlands, Spain, Italy, and Switzerland. Because this was the source of most of our data, these are the countries in which this survey focuses on. However, should future surveys get higher responses from other European countries we will most definitely feature them too!
The majority of respondents were Data Scientists, however, there were also a number of Machine Learning Engineers, Data Architects, Researchers and C-Level professionals taking part. We wanted to offer a wide look at the Data Science market from all levels.
Some of the key findings in the report are:
Years with current company vs years’ experience
We found that 30% of respondents have 2-3 years’ industry experience, which indicates a rise in people wanting to get into Data Science over recent years. In contrast, the number of people working in the market with between 4-9 years decreases by almost half.
A confident market
68% of respondents said they would find it easy to find a new job. On top of this, the most popular reason for seeking a new job was for higher earning potential. This is telling of the demand vs supply Data Science market. It is also an indicator of the confidence Data Science professionals have in a hiring market where they can command better salaries for their high levels of skill and experience.
A rising interest in criminal projects
Finally, the projects people want to work on in Machine Learning tend to be reflective of the current climate. In 2017, we saw a booming interest in Data Scientists wanting to use Machine Learning to detect and combat fake news. This year, we’ve seen an increase in data professionals wanting to work on projects in crime. Examples include aiding police investigation, counter-terrorism, and predicting terror attacks. This is very much a testament to what has happened in Europe over the past 18-24 months.
You can view the full report now for free and have your say in next year’s report here.