Startups in India are willing to pay salaries to the tune of Rs 10.8 lakh per annum to attract talent in the analytics industry, according to the Analytics and Big Data Salary Report 2016, by Jigsaw Academy and Analytics Vidhya. In comparison, large companies pay around Rs 9.6 lakhs, it said.
Based on information collected from over 60,000 analytics professionals, the report said, “Analysts experience the biggest jump in salaries once they have clocked five years in the industry, and can expect a raise of up to 70% with an average pay of Rs 12.3 lakhs per annum.”
Having witnessed consistent growth over the last five years, the market for advanced analytics is expected to grow at a CAGR of 33.2%, and Big Data at a CAGR of 26.4%.
Published 26 February 2016, 18:20 IST