DollarsAndSense.sg
April 16, 2024
Based on tech-talent platform NodeFlair’s 2024 report, salaries for data scientists increased by 11.3% year-on-year.
Based on the same report’s findings, the median monthly salary for a junior data scientist is $7,500. On the other hand, a Lead data scientist, who might be managing a small team of data scientists, could earn as much as $17,000 per month.
The higher salaries for data scientists are due to the demand for their advanced analytical skills and the complexity of their work.
Based on NodeFlair’s 2024 report, the top 15 searched Singapore-based companies for tech roles are:
Among these companies, the FAANGs—Meta, Apple, Google—generally around 30% to 50% more than the median.
Beyond the well-established companies in the IT and banking sectors, there are many startups in the data science field, like Crayon Data and Tookitaki, where there might be job opportunities for data scientists.
