Indian Startups Woo Data Scientists With High Pay Package

Unlike large companies, which pay around 9.6 lakhs, Indian startups are willing to pay over Rs.10.8 lakhs per annum to attract the best talent in the analytics industry, according to the Analytics and Big Data Salary Report 2016 by Jigsaw Academy and Analytics Vidhya. The report’s findings were based on information collected from 60,000+ analytics professionals with advanced analytics / data science skills. According to the report, analysts experience the biggest jump in salaries once they have clocked 5 years in the industry, and can expect a raise of up to 70% with an average pay of Rs.12.3 lakhs p.a. The Analytics & Big Data sector has seen consistent growth over the last five years despite an increasingly uncertain global outlook. The market for advanced analytics is expected to grow at a CAGR of 33.2% and Big Data at…

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