In search of a job in AI? Understanding Rust or Golang can assist. So does being in California, Washington, New York, or Oregon.
These are the primary takeaways from the positioning StoryChief.io, which analyzed 12,634 job listings on Glassdoor that point out synthetic intelligence and show any wage info. The data for the research was present by way of March 8, 2024.
The analysis recognized the most typical key phrases referring to necessities like abilities, schooling degree and expertise size discovered throughout all of the evaluated job openings. The mannequin then estimates every key phrase’s wage worth relying on the state the job is in and identifies a weighted common. Sure key phrases have damaging values, which doesn’t imply fulfilling these necessities was a drawback. Somewhat, it implies that job descriptions containing these key phrases are likely to pay much less.
The research discovered that the power to program in Rust offers candidates the very best pay bump. AI job commercials containing Rust as a requirement supply a wage enhance of $29,480, on common, the research mentioned. The second highest wage bump got here from Google’s open-source programming language, referred to as Go or Golang, at $21,080.
In keeping with the research, different pay-boosting abilities embrace deep studying, Python, PyTorch, Scala, JavaScript and NLP. However the research additionally discovered that some abilities have been related to decrease salaries, which meant decrease salaries than common. The desk beneath reveals totally different abilities and their impact on common salaries.
Prime Wage Boosting Expertise for AI Jobs
Geography Issues Too
The opposite main discovering from the StoryChief.io research was the top-paying states for AI jobs. Not surprisingly, California has the very best salaries for AI jobs, averaging $150,110 per yr. The second best-paying state for AI specialists is Washington, the place common AI salaries have been $143,570 each year. These states have been adopted by New York, Oregon, and Nevada.
The desk beneath lists common AI salaries by state.
Greatest Paying US States for AI Jobs
Expertise Helps
Whereas AI has been round for some time, it has solely been lately the place the sphere has boomed. Nonetheless, the research does discover that have helps.
The research discovered that having over 15 years of related expertise offers AI jobs the most important wage bump, estimated at $56,790. These with ten by way of 15 years is price an additional $41,430 above common. Candidates with 5 to 10 years’ price of related expertise ought to anticipate a $19,700 wage enhance in comparison with their state common. These with lower than 5 years’ expertise in AI can anticipate to see a wage beneath common.
Expertise Matter Extra Than Levels
So far as schooling, the research discovered that job listings that point out a bachelor’s diploma as a requirement are likely to pay $8,756 lower than common. Having a grasp’s diploma earns AI specialists an additional $1,534 per yr, whereas PhDs have a tendency to spice up common salaries by $3,951.
Nonetheless, levels mattered lower than abilities, in response to Valeri Potchekailov, CEO of StoryChief.io. He famous that even the very best degree of schooling is at present valued about 7.5 occasions lower than understanding the best way to code in Rust, for instance. “AI is an extremely fast-paced atmosphere. Whereas larger schooling is all the time beneficial, the truth that employers respect sure particular abilities generally greater than having a specific diploma evens out the taking part in area for individuals who can not entry larger schooling or have restricted expertise. That is refreshing information and opens the door to AI lovers from all walks of life.”