Careers working with numbers and data are in high demand globally. Globally, the big data analytics industry is expected to go to $105 billion worth by 2027, contributing to a growth of more than 12% between 2019 and 2027. Therefore it is the right time for graduates and freshers to explore the field of data analytics, which brings you lucrative salaries and many job opportunities. The job profession of a data analysts work comes with a competitive pay- scale, opportunities to become an integral part of the decision-making process of the business enterprise or company, and high recognition for work. If you’re interested in pursuing a career in this sought-after and in-demand sector, then read the article below, which will help you explore the life-work balance of data analytics professionals, their salary aspects, and the number of hours that they devote to work.
What does our data analytics professional do?
The role of a data analyst is to collect, process, and analyze massive amounts of data to locate trends and patterns from past and current practices. These professionals help organizations predict future outcomes based on which companies and businesses can make prudent decisions. Data analysts collect information and data from diverse sources and transform the data into actionable and meaningful insights. These engaging and clear insights help employers and companies to make critical business decisions. The average salary of a data analyst globally is around $106K. This is why many students and freshers are willing to become data analysts in 2023 and choose this profession as a career option.
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Work-life balance
Data analysis is a rewarding and demanding profession in terms of focus, pay scale, concentration, attention to detail, and time management. These professionals work in a routine schedule to accomplish the following day-to-day tasks.
Data collection
The time required to collect data may vary and depends on how data analysts are able to access the databases. For example, in some data analytics projects, professionals can collect data simply, fairly, and straightforwardly. On the other hand, it may require a lot of time for some projects to search and dig for information from multiple sources.
Data cleansing
Data analysts are responsible for cleaning data to remove outliers and correcting mistakes and errors in data, which is a time-consuming process as professionals have to thoroughly clean the data to ensure that they are using reliable and accurate data for performing data analysis.
Data processing
Data processing is an essential component of the entire data analytics procedure as data analysts have to leverage a wide variety of programming languages like Python and R and other data tools to provide meaningful solutions to critical business challenges.
Data visualization
An important aspect of a data analyst’s job responsibility includes visualizing data findings by using data analytics programs like Tableau.
Presenting conclusions
After collecting, cleaning, analyzing, and visualizing data, data analysts are required to present meaningful conclusions to the organization’s external stakeholders and another non-technical team. They need to prepare a report on data and actionable insights about the areas where the business needs to improve and the emerging market trends. A successful data report will include a compelling and straightforward narrative so that the company’s decision-makers can make data-driven and informed decisions based on the insights.
Documenting data findings
Data analysts must prepare detailed documentation on their findings, which is a critical component of their day-to-day job role. This job responsibility requires revisiting and recreating the data process whenever required and making necessary changes.
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How many hours do data analysts work?
Data analysts typically are expected to work between 40 to 60 hours every week on Monday to Friday job schedule. This means data analysts must work between 9- 5 or 8 –6 hours daily. Many companies provide flexible working hours to data analysts, meaning that they can finish their required work and fulfill other commitments. Today work from home or remote data analyst job opportunities are rising in the job market after the COVID-19 pandemic. This provides added flexibility in the working hours of data analysts. Data analysts may work for more hours to meet tight deadlines or handle pressing problems in the organization.
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How the workplace of a data analyst looks like?
A data analyst typically has to work in the office. Big data analysts must spend most of their time on software and computer systems to measure and work with numbers. To help corporations and companies understand and make better business decisions, data analysts have to translate raw data and statistics into meaningful insights. Every company and business enterprise collects data from different sources, such as logistics, transport, market analysis, sales, revenue, and customer feedback. The following points will help you to know the workplace or work environment of a data analyst
Working hours
A data analyst’s career path requires professionals to work for 45 hours a week or 9 hours a day. Many prominent data analysts are required to work extra time to meet the tight deadlines or pressing business problems of the organization for a few days or a few months
Traveling
Professionals opting for a data analyst’s career path may have to travel internationally and domestically to offer companies and their subsidiaries proper guidance, oversight, and data control measures.
Employment shifts
Data analytics career paths require individuals to work full-time, and the job schedule may vary depending on the deadlines and workload.
Employment nature
Data analysts can choose either a full-time employment shift or a part-time basis. However, companies require in-house data analysts to make a solid online presence in the competitive market, so the work environment of these professionals seems more traditional.
Workplace
Data analysts have to work independently in the office, while some work as a team and some for big professional agencies. Big data analysts often collaborate with their co-workers on their analytic data projects and assignments to deal with customers across the globe. The working conditions of data analytics professionals can vary depending on the requirements of the clients and the business.
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Many industries require data analysts to work for longer hours, such as data analyst job positions in the security and financial industry. Apart from in-house data analytics job opportunities, professionals can also work in different work environments, such as remote data analysts or freelance data analysts with irregular working hours depending on the workflow and deadlines of their projects.
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