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What does an AI specialist earn?

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The salary of an Artificial Intelligence Specialist (AI Specialist) can vary significantly depending on location, experience, education, industry, company size, and area of responsibility. AI specialists are highly skilled professionals who focus on the development and application of artificial intelligence (AI) and machine learning (ML) in a variety of application areas. Here are rough benchmarks for AI specialist salaries in different regions:

Europe:

Entry or junior AI specialist: €40,000 - €60,000 per year

Experienced AI specialist: €60,000 - €100,000 per year

Senior AI specialist or subject matter expert: €100,000 and above per year

USA:

Entry or junior AI specialist: $60,000 - $80,000 per year

Experienced AI Specialist: $80,000 - $120,000 per year

Senior AI specialist or subject matter expert: $120,000 and up per year

These estimates may vary by region, industry, and individual factors. With demand for AI experts surging in many industries, salaries for skilled AI specialists are often competitive

It is advisable to review current salary data from trusted sources such as salary surveys, job portals, or professional associations to get accurate and up-to-date information on salaries for AI specialists in your region and industry.

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Hourly rates in marketing

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Hourly rates in marketing can vary depending on the field, experience, specialization, geographic location and type of project. Here are some rough guidelines for hourly rates in marketing in various fields:

General marketing:

Entry or junior marketers: €20 - €50 in Europe / $20 - $50 in the U.S.

Experienced marketers: €50 - €100 in Europe / $50 - $100 in the US

Marketing managers or subject matter experts: €100 and up in Europe / $100 and up in the US

Digital marketing:

Entry or junior digital marketers: €25 - €60 in Europe / $25 - $60 in the US

Experienced digital marketers: €60 - €120 in Europe / $60 - $120 in the US

Digital marketing managers or subject matter experts: €120 and up in Europe / $120 and up in the US

Content marketing:

Emerging or junior content marketers: €20 - €50 in Europe / $20 - $50 in the US

Experienced content marketers: €50 - €100 in Europe / $50 - $100 in the US

Content marketing managers or subject matter experts: €100 and up in Europe / $100 and up in the US

Social Media Marketing:

Entry or junior social media staff: €20 - €50 in Europe / $20 - $50 in the US

Experienced social media staff: €50 - €100 in Europe / $50 - $100 in the US

Social media manager or subject matter expert: €100 and up in Europe / $100 and up in the US

Please note that these are only general estimates and actual hourly rates can vary widely depending on various factors. The marketing industry is broad, and rates can vary widely depending on specialization and demand. Before setting your rates, conduct thorough market research to understand current rates in your industry and region. Also consider your own experience, expertise and the value of your services when setting prices.

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Hourly rates of it specialists

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The hourly rates of IT specialists can vary significantly depending on their area of expertise, experience, specialization, location and the type of project. Here are rough guidelines for hourly rates of IT specialists in different fields:

Web development:

Ebeginner or junior developer: 20 € - 50 € in Europe / $20 - $50 in the USA

Experienced developers: 50 € - 100 € in Europe / $50 - $100 in the USA

Senior or specialist developers: 100 € and more in Europe / $100 and more in the USA

Software development (application development):

Entry or junior developer: €25 - €60 in Europe / $25 - $60 in the US

Experienced developers: €60 - €120 in Europe / $60 - $120 in the USA

Senior or specialist developers: 120 € and more in Europe / $120 and more in USA

Database Administration:

Entry or junior DBA: €30 - €60 in Europe / $30 - $60 in the US

Experienced DBA: 60 € - 100 € in Europe / $60 - $100 in the USA

Senior or specialist DBA: €100 and up in Europe / $100 and up in the USA

IT Security (Cybersecurity):

Entry or junior security expert: €40 - €80 in Europe / $40 - $80 in the US

Experienced security expert: 80 € - 150 € in Europe / $80 - $150 in the USA

Senior or specialist security experts: 150 € and more in Europe / $150 and more in the USA

Please note that these are general estimates and actual hourly rates can vary greatly depending on various factors. The IT industry is very diverse and rates can vary widely depending on specialization and demand. Before determining your hourly rate, it is important to conduct thorough market research and learn about current rates in your industry and region.

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Coaches hourly rates

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Coaches' hourly rates can vary widely depending on experience, area of expertise, industry, location and type of coaching. Coaching can be offered in a variety of areas such as life coaching, business coaching, career coaching, health coaching, executive coaching and more. Here are rough guidelines for hourly rates for coaches in different regions:

Europe:

Beginner or junior coaches: 50 € - 100 € per hour

Experienced coaches: 100 € - 200 € per hour

Senior coaches or subject matter experts: 200 € and more per hour

USA:

Entry or junior coaches: $60 - $120 per hour

Experienced coaches: $120 - $250 per hour

Senior coaches or subject matter experts: $250 and up per hour

These estimates are general and can vary depending on the specialty (e.g., executive coaching, life coaching, business coaching), the reputation of the coach, and the type of service.

Since coaching encompasses a wide range of services, it is important to research current market rates and prices in your region and industry. Setting hourly rates should be based on your experience, expertise, reputation and the value you can add to your clients. Also consider the competition and the target audience's willingness to pay.

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Hourly rates in the b2b sector

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Business-to-business (B2B) hourly rates can vary widely depending on the type of service, industry, location, experience, area of expertise and individual factors. Because B2B covers a wide range of services and business areas, there are no hard and fast rules for hourly rates. However, here are rough guidelines for hourly rates in B2B in different regions:

Europe:

Entry or junior professionals: €20 - €50 per hour

Experienced professionals: 50 € - 100 € per hour

Experts or expert consultants: 100 € and more per hour

USA:

Entry or junior professionals: $30 - $60 per hour

Experienced professionals: $60 - $120 per hour

Experts or expert consultants: $120 and up per hour

It is important to note that these estimates are general and depend heavily on the type of service. In the B2B space, services could range from consulting and marketing to IT services to engineering and other specialized services.

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