Where did the year go? It's not even Labor Day yet and people are talking about budgets and the like for 2017. However, if you get depressed about how quickly time flies, take heart, you might be just a bit better off than the dweebs in the finance department.
Keep that in mind the next time they bounce your expense report for a missing receipt.
Yes, it's already time to look into 2017 and talk salary. Those of you in the data analytics space may not be getting rich but your paychecks should be a bit bigger than your peers in other technology and business areas.
The hiring experts at Robert Half Technology have released their 2017 Salary Guides, finding starting salaries edging higher by 3.8% over 2016. That beats out the finance guys by a slim one tenth of a percentage point. As they say in sports, it's whether you win or lose, not by how much.
However, when Robert Half looked at the more specific salaries -- based on starting pay -- the big money is going to the data team and the information security experts. You can't really begrudge the security pros because you really need them to protect the work that you do, and they have to respect you because your data give them reason for being.
No surprise, "data scientist" is the top tech title in terms of year over year compensation with a bump of 6.4% to hit a range from $116,000 to $163,500. For five years we have been hearing how valuable those unicorns have become. Joining the data scientist at the top of the pyramid -- and beating the data scientists in raw earning power -- was "big data engineer," up 5.8% to a range of $135,000 to $196,000.
"Network security engineer" (up 5.7% into the $115,500 to $162,500 range) followed the two data titles. Other members of your analytics project team showed up in the top 10 tech salary increases, including "database developer," "software developer," and "software engineer." They were listed with starting salary increases ranging from 5.0 to 5.2%.
In a press release, Robert Half said, "Upgrades and implementations, as well as big data, mobile, and security initiatives, are top of mind for many organizations, and these business priorities are reflected in their hiring decisions. With a shortage of qualified technology candidates, in-demand positions, including data scientists, big data engineers, and network security engineers, are projected to see even greater salary gains in the coming year. "
Of course, having this data in hand when it's time for your salary review might make you feel valued, but it doesn't mean that your manager will recognize that value. But, at least you will have a talking point when the boss opens with, "Grumble, grumble...you know it's been a tough year...uncertainty in the market...sales down...investment in other departments..."
You can counter with data. Heck, it's worth a try. What can they do, fire you? Never mind.