Data scientists must have a number of hard skills, including:
Linear algebra and calculus
Computer programming
Software engineering
Statistics
Machine learning
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How can data scientists increase their salaries?
To increase your salary as a data scientist, consider the following options:
Change of industry: Consider changing to an industry that is more competitive and willing to pay higher salaries. Social networking companies like Google and Facebook often pay premium salaries for data scientists, as do financial organizations or manufacturers.
Higher education: Data scientists who obtain a doctoral degree are generally able to qualify for more advanced positions and higher salaries.
Leadership roles: Senior data scientists oversee junior data scientists in addition to their regular responsibilities.
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What's the difference between a data scientist and a data analyst?
Data analysts dissect data to tell a story. Data scientists have the same skills as data analysts, but they also have a strong foundation in modeling, statistics, analytics and computer science. Unlike data analysts, they typically have machine learning skills.
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Can data scientists work from home?
Covid-19 has prompted many companies to adopt remote working practices. As such, working from home is technically possible for data scientists at this time. Following the pandemic, companies may opt to retain their work from home policies in order to provide flexibility for their workforce.
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How many hours do data scientists work?
Most data scientists work full-time hours, although some may work more than 40 hours per week.
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Is a data scientist considered an 'in-demand' occupation?
According to the United States Bureau of Labor Statistics, data scientists fall under the larger category of computer and information research scientists. Employment for these professionals is projected to grow 16 percent from 2018 to 2028, much faster than the average for all occupations. Rapid growth in data collection by businesses is expected to substantially increase the need for data-mining services.
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How can I know if I am being paid fairly as a data scientist?
If you’re unsure about what salary is appropriate for a data scientist position, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.
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How much do similar professions to data scientist get paid?
Check the below Indeed career pages for the detailed pay ranges for the similar professions here:
