Salary of Analytics Engineer
From the compensation perspective, the analytics engineer job role is super attractive for people looking to make a career in this field as there are only a few people available in the market to carry on this job role which creates a huge demand for it. Let’s see the salary estimates for this job role. For freshers, the average starting CTC would be around Rs 5.8 lakhs per annum. It can vary between Rs 2.2 lakh to Rs 7.5 lakhs per annum depending on the company type and the industry type in India.
For a person with at least 5 years of experience, the salary would be around Rs 9.5 lakhs per annum. Again it can vary between Rs 8 lakh to Rs 18 lakhs per annum depending on the company type and the industry type. In some cases, the CTC might also go up to Rs 23 lakhs per annum depending on the expertise of the person. Remember that these are rough values and not exact compensation, however, one can expect to get compensated in and around these ranges. There is a high chance of getting paid by companies with mature data like Netflix, more than the amount we have discussed here.
What is an Analytics Engineer?
An Analytics Engineer job role was never a thing up until 2012. In the pre-era of this role, we only had traditional data teams who worked their tails off in gathering raw data, analyzing it, and transforming it as per the business requirements. The data gets extracted from databases, and Saas tools and then dumped in the data warehouses. Data Analysts used to have loads of requests piled up to gather data and make various dashboards and reports.
Post-2012, the landscape gradually started to transform due to the invention of new data pipeline services, storing data on cloud-based data warehouses and advanced analytics tools like Power BI. The hype for data-related roles started to skyrocket ever since this modernization started with the introduction of DBT and increased data literacy. This is how different roles like Data Analyst, Data Engineer, Analytics Engineer, and so on came into existence.