Greetings, everyone! Could you help me with a summart of the current compensation trend in the market for data scientists? Freshers 3-5 years 5-7 years

is a summary of the current compensation trend in the Indian job market for data scientists in 2023: Freshers: Data scientists with less than 1 year of experience can expect a total compensation of around ₹8,00,000. This includes a base salary of ₹6,00,000 and an average of ₹2,00,000 in bonuses and other forms of compensation. 3-5 years: Data scientists with 3-5 years of experience can expect a total compensation of around ₹10,00,000. This includes a base salary of ₹8,00,000 and an average of ₹2,00,000 in bonuses and other forms of compensation. 5-7 years: Data scientists with 5-7 years of experience can expect a total compensation of around ₹12,00,000. This includes a base salary of ₹10,00,000 and an average of ₹2,00,000 in bonuses and other forms of compensation. While startup job market is completely different, it depends on which stage they are in and the demand for the role.

I have done some preliminary search of the market and have found that anyone above 4 years is in the 15-20 bracket

Exactly above 4 years it depends on the company how much they can assign to the candidate. The above shared are average salary brackets. For example companies like Mediadotnet they give for freshers esp from bits a starting package of 24LPA for engineer and the same goes with big four.