The world is driven by data. Whatever we do online creates data, statistically speaking, everyday, we create 2.5 quintillion bytes of data–so much that 90% of the data in the world today has been created in the last two years: 2020, 2019. So, naturally, it has led to a huge surge in the demand of professionals that can extract meaningful insights from it and help businesses make sound decisions and streamline their processes. It is predicted that by 2026, data science and analytics would be giving more than 11 million jobs.
So if you’re someone who is looking forward to landing a lucrative career option that also sparks your creativity, then Power BI Developer is your calling.
A Power BI Developer salary at an entry-level is somewhere $70,050 going up to $88,000 a year and experienced Power BI Developer salary is as high as $134,000 with an average of $114,298 in a year.
In this blog, we will discuss:
All this and more so that we can help you decide whether you should pursue a career as a Power BI Developer or not.
Power BI is a business intelligence tool offered by Microsoft that lets you visualize and share insights. It converts massive, raw data into meaningful, actionable information to help organizations make data driven decisions.
So naturally, a Power BI Developer is someone who has knowledge of the BI system and is responsible for administering BI tools. He is someone who transforms raw data into meaningful insights via interactive, visually appealing and easy-to-understand dashboards and reports.
Some of the Roles and Responsibilities he or she performs are:
Landing a job of your dream or getting a promotion to secure your future is something we all look forward to in our lives. The education, the training and certifications, the hustle, and the hard work pays off when we are promoted in our jobs or get the salary we want. However, at times we realize despite working hard or gaining enough experience we’re still being paid less or not what we should be getting. There are a lot of factors that dictate where you will be landing on the pay scale.
So here are 6 factors that affect your BI developer salary that will help you in understanding what employers look at when hiring new employees and what you need to do in order to achieve the promotion or high paycheck to propel your career growth:
Apart from your educational degree and experience, there is a certain set of skills that is required by job recruiters in a Power BI Developer. Not just technical skills pertaining to your roles and responsibilities as a Power BI Developer. You also need to work on improving your soft skills such as great interpersonal skills or strong communication skills.
Certifications or training are a way to display to the potential employers that you’re committed to boosting your career and are up to date. If you don’t possess them it might negatively set you at the lower end of the pay range. As a trained professional you not only proven to be an expert in a field but the more training you have, the less training and supervising your employer will have to do, saving him cost. So it’s a win-win for both.
This is a factor most professionals don't pay enough attention to as they are more focused on getting training or obtaining IT certifications. However, there’s no point in being a highly qualified professional when you don’t know how to display them in the right manner, over resumes, and during job interviews. Hone your skills or reach out to consultancies that prepare you for your next job interview and armor you with job-ready skills. This one small remedy can get up your chances of getting the right job with an attractive salary.
It is recommended that you should be aware of what is the marketing trend of salary for Power BI Developer you deserve by keeping an eye on marketing trends. But you should never be rude while negotiating the salary part and make sure you're reasonable when asking for the salary and be ready to walk out if your demands are not heard or respected.
Surprisingly, location plays a factor too in deciding your salary for Power BI Developer. As in a company located in a large city with high costs of living means you get paid accordingly to have a comfortable lifestyle. Similarly, if you work for a company located in an area with a low or average cost of living, your salary is set accordingly.
Every company has its own salary range and parameters like scale purpose, & investment & which is why they have different salary allocations. But it’s no rocket science that the bigger the company, the bigger will be its operations & customer base and the wider your pay scale range. As they might need Power BI Developers to convert and analyze the massive data for meaningful decision making.
Looking for ways to make yourself ready for the Power BI Developer job? We can help!
Like discussed, your salary depends on a lot of factors starting from the kind of skills you possess to the location your work is at. Even your job interview skills influence your salary. However, with experience, expertise, and proper personality development as well as training and certificate you begin to perform your role with higher efficiency. Eventually getting the Power BI Developer salary you wish for and deserve rightfully. Here are four factors that will help you how much salary will you get:
As a Power BI Developer, your salary will also be dependent on where you are working with or who is your employer. The companies that pay quite well enough is Anchorage Consultants LLC is paying a Power BI Developer close to $130,000 while big giants like SAP or Amazon are shelling out amounts such as $155,374 and $106,853 respectively.
There is a difference in salaries in terms of skill set. A Senior Power BI developer's salary will obviously be higher than an entry-level Power BI developer's salary. Additionally, there are additional skills and roles related to Power BI Developer that also makes a difference in your pay scale. For instance, a Data Analyst earns something around $62k while Power BI Developer can earn $75k. Meanwhile, a Senior Business Intelligence (BI) Analyst demands nearly $78k while a Senior Data Analyst can ask for over $80k on average.
Where you work as in the location or the area also plays a vital role in influencing your salary as a Power BI developer. Across the globe, one can see a huge variation in the Salaries based on the location, as there are hundreds of factors that play a role in deciding the living standard, salary, or even demand of a particular skill set at a location.
Let us talk about some of the major locations across the world which are the top favourites of most people.
$74,855 a year
₹293,544 a year
£47,013 a year
AU$114,395 per year
CA$107,057 per year
Before you decide to pursue any career, we’re always worried about the career prospect of the job, is it easily available or not. And in order to give you the right insight, let us quickly have a look at the real-time numbers in terms of available jobs as a Power BI developer from some of the top Job Portals from the US, India, UK, Australia, Canada, etc.
There are over 19,000 jobs available for Power BI Developers in the US
1700+ vacancies are available for the role of Power BI Developer in Canada
Over 11,595 Power BI Developers vacancies are open in India
There are 1,025 jobs available for Power BI Developers in Australia
More than 5,800 vacancies are available for the role of Power BI Developers in the UK
As a Power BI Developer, you not only present data via reports and visualizations but there are roles as well that you need to perform. It can be as a data analyst who extracts meaningful information from raw data or maintains business intelligence solutions as a BI Analyst. So, here we’re presenting a few job profiles that you can use based on your interest, skills, or experience that are related to the Power BI Developer job profile:
So what are you waiting for? Go get this mind-boggling but lucrative job opportunity!
Power BI tool has made managing, collecting and analyzing raw data quite easier and quicker. So naturally being able to manage, analyze, maintain and develop business intelligence solutions is surely going to take you to places.
We hope now you’ve got a bigger picture of the career possibilities and prospects of this job profile and how it is here to stay. Especially when more and more businesses are realizing the importance of data analytics, we’ll continue to see the rise in this field.
If you’ve any doubt or want to know more about the career prospect of this tool or its certification path. We’re listening!
With her detailed research and unique insights into IT and Technological trends, Anjali has been producing high-quality and engaging content that meets the standards of its end-users.
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