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Power BI is a Microsoft tool that allows businesses to access data to make better organisational decisions. Apart from easy access to different kinds of data, it also helps visualise the data. A Power BI Developer is responsible for converting the base data into a format that is readable and valuable, mainly via Power BI dashboards and reports. In recent years the Power BI Developer Salary has increased considerably due to increased demand.
According to Report, 18,000 companies are using Power BI today, holding a market share of 6%. Read this blog to learn about the current Power BI Developer Salary trends and the factors that affect their salaries across the world.
Table of Contents
1) What does a Power BI Developer do?
a) Power BI Developer: Responsibilities
2) How much do Power BI Developers earn?
a) Salary of BI Developers based on Location
b) Salary of BI Developers based on experience
c) Salary of BI Developers based on the type of organisation
3) Essential Skills for Power BI Developers
4) Conclusion
What does a Power BI Developer do?
A Power BI Developer transforms raw data into a more understandable state. They are supposed to plan ways to create meaningful insights from the available data that everyone in the organisation can use.
Power BI Developers contribute to better decision-making by providing comprehensive and valuable data. Thus, they must have access to all sorts of data, including historical and newly obtained data.
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Power BI Developer: Responsibilities
Power BI Developers have different roles and responsibilities based on the type of organisation they’re employed in and its objectives. Some organisations only want them to analyse databases, while others need comprehensive reports. Here are some of the main responsibilities of a Power BI Developer:
a) They are supposed to analyse the business requirements of organisations and have a deep understanding of Business Intelligence (BI).
b) They contribute to the development of BI tools and their administration.
c) Building different kinds of data models that help in the conversion of data to readable formats using dashboards and reports.
d) Using Power BI tools to visualise project reports and create dashboards.
e) Troubleshooting and developing solutions for BI modelling.
f) Developing data warehouses.
g) Designing and deploying Power BI scripts.
How much do Power BI Developers earn?
Although the usual Power BI Developer Salary is £47,500 annually, multiple factors determine their salaries. This includes qualifications, work experience, training, and more.
The high pay awarded to Power BI Developers is one of the biggest reasons to pursue a career as a Developer. Multinational Corporations (MNCs) and Information Technology (IT) firms are guaranteed to offer a high Power BI Developer Salary.
Power BI Developer Salary is based on factors like Location, experience, and type of organisation. Your level of expertise and Location are the two most important factors affecting your salary range. Let’s look at these factors in detail:
Salary of Power BI Developers based on Location
Different locations have different salary ranges because of factors like living costs. For instance, organisations located in countries with high living costs will have a higher salary range when compared to the ones located in cheaper zones. Let’s look at the difference in income among three locations in particular:
|
UK |
USA |
India |
Annual Income |
£52,497 |
$106,217 |
₹5,42,500 |
a) The United Kingdom (UK): The UK offers a Power BI Developer Salary of £52,497 per year for Power BI Developers. The developers are also subject to an additional income of £3,658 or more. Entry-level jobs for Power BI Developers begin at £40,000.
b) The United States of America (USA): The annual income for a Power BI Developer in the USA is $1,06,217. While entry-level jobs provide $90,000 annually, experienced professionals are paid up to $131,625 annually.
c) India: The annual Power BI Developer Salary ranges from ₹3,60,000 to ₹11,00,000. The total annual income can come up to ₹5,42,500, with a potential additional pay of ₹42,500 per year.
Salary of Power BI Developers based on Experience
The work experience of Power BI Developers is a significant factor in determining their salary. Entry-level jobs primarily £40,000 as the annual salary, which can vary depending on the organisation and the experience level.
If a Power BI Developer works in the same position for multiple years, they will gradually increase their salary. An entry-level worker who works for a year can make up to £49,364, whereas if they’ve been working for four years, they can make around £56,884. Highly experienced professionals who have worked for over 15 years earn a total of £79,586.
Salary of Power BI Developers based on the type of organisation
One of the most influential factors determining Power BI Developers' salaries is their employers or companies that hire them. If you wish to become a Power BI Developer, you need to be aware of the different types of companies hiring and the salary range they are willing to provide.
Mphasis, Capgemini, Accenture, Wipro, and Sony are some of the organisations that provide valuable job offers for the Power BI Developer position. Let's look at the salaries provided by companies like:
Company Name |
Salary Range |
Tata Consultancy Services |
₹4,10,000 - ₹7,40,000 |
Wipro |
₹1,18,000 - ₹11,50,000 |
Conex |
£60,000 - £65,000 |
Amazon |
$106,853 |
Essential Skills for Power BI Developers
You must thoroughly know certain skills and topics before embarking on the journey to become a BI Developer. Here are some skills and topics that you must understand beforehand, if you wish to become a Power BI Developer:
Data Analytics
One of the primary responsibilities of a Power BI Developer is to understand the concepts of Data Analytics to use Power BI effectively. They are required to access and analyse data and then convert it into a simplified format that the concerned personnel in an organisation can understand.
Since it is a widely used data analysis tool, Power BI Developers are expected to have an in-depth understanding of data analytics and the tool. This is important as they will have to use Power BI to generate valuable reports that provide insights into the business.
BI Stack
The mark of a good Power BI Developer is the knowledge of all the Microsoft Business Intelligence stacks like Power Pivot, PerformancePoint Services (PPS), SQL Service Integration Services (SSIS), and more.
Work experience with these stacks is also advantageous for aspiring Power BI Developers. This skill is essential as most companies that deal with data warehousing and data management make of these.
BI Tools
Another area of expertise necessary for Power BI Developers is the knowledge and experience with BI tools. Experience with BI tools is a valuable skill for Developers as the tool helps to collect, analyse, process and visualise vast amounts of data to formulate valuable business insights. BI tools are beneficial in multiple ways. They contribute to eliminating manual tasks and considerably reduce business costs while being available 24/7.
Wish to become an expert at using BI tools? Start from the base and work your way up with our Microsoft BI Training course now!
Job prospects with Power BI
Business Intelligence or BI refers to the technological practices used to gather data and generate valuable insights to apply effective strategies to businesses. BI also uses software solutions to analyse or incorporate the latest business trends in its business growth strategies.
Multiple job roles are available for individuals experienced in Power BI. Since the significance of Business Intelligence in organisations has risen, so has the employment rate in this sector.
BI Professionals use various tools to simplify their work, and Power BI is one of the most powerful and cheapest tools that helps improve decision-making. Let's look at some of the job roles pursued by BI professionals to understand their importance to businesses and hence justify their high pay:
Business Intelligence Architect
A Business Intelligence Architect accesses various kinds of data to develop data structures that provide valuable insights into the business. They manage databases, data warehouses, and more.
The data they provide helps organisations perform effectively and make better decisions regarding the company's welfare in the future. Business Intelligence Architects must be proficient in database queries, data warehousing, analytical thinking, problem-solving, and modelling.
The average salary of a Business Intelligence Architect in the UK starts from a whopping £67,460 per year. Globally recognised companies like Accenture provide a salary range of £75K -£80K for the job. On the other hand, organisations in the USA offer an average pay of $126,049 for the same role.
Business Analysts
As the terms suggest, Business Analysts analyse business functioning and identify improvement areas. They must have experience using tools that can help them collect, process, and visualise the large amounts of data they collect.
Business Analysts are expected to understand the pre-determined business strategies and requirements to collect data and present their findings efficiently. They use the data to help budget and perform variance and financial analysis. Communication, analytical, and problem-solving skills and abundant technical knowledge are essential for professionals in this role.
The average salary for Business Analysts in the UK comes up to £49,792, with an additional compensation within the range of £1,318 - £16,746. Organisations in the USA provide about $80,635 as the average annual salary for them.
Data Analyst
A Data Analyst is responsible for collecting and interpreting data which can help solve business-related issues. They are responsible for ensuring proper data analyses via the five steps – identify, collect, clean, analyse and interpret the data.
The employment rate of Data Analysts is high as they help in improving business growth. The UK's average salary for Data Analysts is £39,528 per year. As you get more experienced, your income can increase to £43,000.
Conclusion
Power BI is one of the most used tools to improve business decisions, and consequently, the requirement for Power BI Developers has also increased. We hope this blog has helped you learn about Power BI Developer Salary, its influencing factors, and more.
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