What factors influence the salary of Data Scientists?

The salary of data scientists can vary considerably depending on various factors such as experience, qualifications, location, company size and industry. 

Below are general estimates for the annual salary of Data Scientists in Germany.

Salary of Data Scientists

Entry level (0-2 years of experience):

• Data Scientists with little to no professional experience can expect an annual salary of around EUR 45.000 to EUR 60.000.

Intermediate level (2-5 years of experience):

• As experience increases, so does the salary. At this stage, the annual salary for mid-level data scientists could be around EUR 55.000 to EUR 80.000.

Experienced (5-10 years of experience):

• For experienced Data Scientists with several years of professional experience, the salary could be in the range of 70.000 EUR to 100.000 EUR or higher.

Senior level (over 10 years of experience):

• At senior level, Data Scientists can earn an annual salary of EUR 90.000 to EUR 120.000 or more. In managerial positions or highly specialized roles, salaries can be even higher.
  

Your chances on the international labour market are also great. Here are general estimates for the annual salary of data scientists in some regions around the world:

United States:

Entry level: $80.000 - $120.000 USD

Intermediate level: $100.000 - $150.000 USD

Experienced: $120.000 - $180.000 USD

Senior level: $150.000 - $220.000+ USD

United Kingdom:

Beginner level: £35.000 - £50.000 GBP

Intermediate level: £45.000 - £70.000 GBP

Experienced: £60.000 - £90.000 GBP

Senior level: £80.000 - £120.000+ GBP

Canada:

Beginner level: CAD 60.000 - CAD 90.000

Intermediate level: CAD 70.000 - CAD 100.000

Experienced: CAD 80.000 - CAD 120.000

Senior level: CAD 100.000 - CAD 150.000+

Australia:

Beginner level: AUD 70.000 - AUD 90.000

Intermediate level: AUD 80.000 - AUD 110.000

Experienced: AUD 90.000 - AUD 130.000

Senior level: AUD 110.000 - AUD 150.000+

Before accepting a position in the international labour market, it is advisable to consider local labour market conditions and research industry-specific salary standards.

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