Data science is one of the most lucrative and in-demand fields in the tech industry in India. The job of a data scientist is to analyze data and extract insights that can help businesses and organizations make informed decisions. According to PayScale, the average salary for a data scientist in India is around ₹9,03,864 per year. However, the salary can vary depending on several factors, such as experience, skills, job title, industry, and location. Let’s find out about the salary of Amazon data scientists for freshers. Read on to find out more.
Amazon data scientist salaries
Amazon is one of the leading tech companies that hire data scientists for various roles and projects. According to Glassdoor, the average base pay for data scientists at Amazon in India is ₹15,77,948 per year.
This is higher than the average salary of data scientists at other tech companies, such as IBM (₹12,00,000), Accenture (₹10,50,095), Capgemini (₹8,32,543), and Infosys (₹7,70,714).
Factors that influence salaries at Amazon
Some of the factors that can influence salaries at Amazon are given below.
Experience
As with most jobs, experience plays a significant role in determining the salary of a data scientist at Amazon. According to Glassdoor, an entry-level data scientist with less than a year of experience can expect to earn around ₹5,00,000 per year, while those with 1 to 4 years of experience may expect to earn about ₹6,10,811 per year. The salary range for data scientists at Amazon in India is between ₹2.7 Lakhs to ₹68 Lakhs.
Education
Education can also affect the salary of a data scientist at Amazon. According to Glassdoor, 51% of data scientists have a bachelor’s degree, 34% have a master’s degree, and 13% have a doctorate (PhD). Generally, higher degrees can lead to higher salaries and more career opportunities.
Industry
The industry that a data scientist works in can also influence their salary at Amazon. According to PayScale, some of the highest-paying industries for data scientists are real estate, information technology (IT), finance, e-commerce, and health care, just to name a few.
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Location
The location or the company’s location can also affect the salary of a data scientist at Amazon. According to Glassdoor, some of the highest-paying cities in India for data scientists are Bangalore (₹14.5 Lakhs), Mumbai (₹12.8 Lakhs), Hyderabad (₹11.9 Lakhs), Chennai (₹11.7 Lakhs), and Pune (₹11.3 Lakhs).
Skills
The skills that a data scientist possesses can also impact their salary at Amazon. According to PayScale, some of the most valuable skills for data scientists are machine learning
Future of Amazon Data Scientist Salaries in India
Now, let’s talk about what is going to happen in the world of data science and the salaries of Amazon data scientists.
Growing demand
Data science is one of the most sought-after skills in the current job market, and the demand for data science professionals is expected to grow exponentially in the future. According to a Nasscom analysis, the Indian data analytics market will increase from $2 billion in 2017 to $16 billion in 2025.
In other words, there will be more opportunities and higher salaries for data scientists in India, especially those who work for leading tech companies like Amazon.
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Emerging technologies
Data science is a rapidly evolving field that incorporates new technologies and innovations to solve complex problems with data. Some of the emerging technologies in data science are artificial intelligence (AI), machine learning (ML), deep learning (DL), natural language processing (NLP), computer vision (CV), big data analytics, cloud computing, and Internet of Things (IoT).
The good thing is that these technologies can help data scientists at Amazon to create more value and impact for their customers and stakeholders.
Predicted increase in salaries
As the demand for data science professionals increases and the supply remains limited, the salaries for data scientists are likely to increase in the future. According to PayScale, the average salary for a data scientist in India is around ₹9,03,864 per year, while the average salary for a data scientist at Amazon in India is ₹15,77,948 per year.
This means that data scientists at Amazon earn about 75% more than the average data scientist in India. The salary range for data scientists at Amazon in India is between ₹2.7 Lakhs to ₹68 Lakhs, which indicates that there is a lot of potential for growth and advancement for data scientists at Amazon.
Potential for remote work
Data science is a field that is well-suited for remote work, as it involves independent work and technology. The potential for remote work can have a positive impact on the salaries of data scientists, as it can offer more flexibility, convenience, and productivity, to name a few.
Data scientists can also work from different locations and access global opportunities and markets. According to Glassdoor, the average salary for a data scientist who works from home is $153,137 per year, which is higher than the average salary for a data scientist who works on-site.
However, remote work can also have some challenges, such as communication issues, isolation, and time zone differences. Therefore, data scientists who work remotely should have good communication skills, self-discipline, and collaboration tools.
Long story short, your salary of data scientist at Amazon as a fresher can vary based on several factors that we have discussed in this article. These factors include your education, skills, experience, industry, location, and role. By having a clear idea of these factors and how they affect your salary, you can have a realistic expectation of what you can earn as an Amazon data scientist. You can also use this information to negotiate your salary or improve your skills to increase your earning potential. We hope that this article has given you a better understanding of the salary of data scientist at Amazon as a fresher.
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