Artificial Intelligence is associated with high-paid jobs. Jobs related to artificial intelligence are increasing. A fresh computer professional working in the domain of artificial intelligence can earn upto 7.5 lakhs per annum. The salary of artificial intelligence jobs depends on different factors.
To know more about artificial intelligence jobs and associated salaries, read this article till the end.
Introduction
Artificial Intelligence is used to design solutions to problems at Google, Amazon, Apple, Microsoft, etc. Most of the major companies around the world are using artificial intelligence to cater to their generating needs.
Artificial Intelligence is used to develop Siri and Alexa that assist its users. Artificial Intelligence is also used to develop frameworks that are used to design self-driving cars.
Top companies around the world including – CCC, nate, Ascent, Nuro, DataRobot, H20.ai, Zoox, Capgemini, Freenome, etc. are using artificial intelligence to design solutions to problems. These companies are providing intelligent solutions and associated services.
Interaction is one of the companies that is using Machine Learning, and Natural Language Processing to provide services to its customers. Interaction is using intelligent voice assistants to interact with customers and is capable of working with jargon. Interaction is using artificial intelligence to prioritize messages and provide responses.
Involve. ao is another company that is using artificial intelligence to design software and provide professional services. This company uses artificial intelligence to provide a data-centered solution to its customers. Artificial Intelligence is used to design customer profiles and provide in-time alert service to its customers.
Veda is another company that uses machine learning techniques of artificial intelligence. The deals with healthcare and design associated solutions. The company is associated with NASA to provide an intelligent solution to its patients. The company deals with data-related tasks and uses artificial intelligence techniques to organize related information. With the use of artificial intelligence the company is designing solutions to track records easily and at a fast pace, and save time that can be devoted to patient care.
Company Urbint uses machine learning techniques and cloud-based technologies to provide solutions to infrastructure projects. In addition, the company uses artificial intelligence to provide solutions to arising dangers and risks associated with working areas. As a result, organizations are moving forward to achieve new success using artificial intelligence techniques.
Circulo Health is another company using artificial intelligence techniques to provide healthcare solutions. In addition, the company is using artificial intelligence to deliver personalized solutions. Artificial is used to deliver more high-tech and healthcare solutions to its customers. For example, artificial intelligence is used to track patient health and arrange virtual visits of doctors.
The company CCC working in the automotive and insurance sector, uses artificial intelligence to design cloud-based solutions. In addition, the company is working with the Internet of Things and designing workflows using artificial intelligence techniques. The company uses supervised, semi-supervised, and unsupervised learning algorithms to work with large datasets associated with car data, insurance claims, photos of customers, business-oriented videos, and other data associated with automotive and Insurance.
Veritone is drilling big data. The company is using big data to help in the decision-making process. In addition, the company works with artificial intelligence-based software. This software handles big data and gets useful information for companies working with energy and entertainment.
LogicMonitor is working with cloud-based technology to provide networks, clouds, and servers services. In addition, the company has developed a monitoring platform for its IT infrastructure and is using technology to deliver the scalable solution.
Salary Calculation Method
Companies have different pay scales for their employees. The payscale is decided based on the competition and the organization’s financial condition. The salary is decided based on the organization’s financial condition and the education and experience level of the employee.
Employees having a direct influence on the company’s revenue have defined payscale. An employee given a fixed target to achieve during a financial year have a fixed remuneration. This fixed remuneration is influenced based on the performance of the employee. If the employee cannot achieve a fixed target, its remuneration is affected. If the employee can get the set target, they get the allocated remuneration.
The salary range is different for different departments in an organization. Each department’s contribution is different, so its salary range is different. Thus the formula for calculating salary for one department in the organization can not be the same for the other department. The salary calculation formula depends on different factors, which may or may not be the same for different departments of the organization.
Different factors influence the salary calculation formula. These factors include – Operational Area, Scale of Operational Area, professional skills of the employee, the experience level of the employee, and the company’s financial condition.
When a new employee is recruited, then factor to be considered to calculate its salary incused its previous salary. If employees do not have the previous pay scale, their salary is calculated based on the salary given against that position by different organizations in the market.
An organization decides salary by considering other industry payscale or discussing with the trade association. Organizations may also contact other organizations working in the market that do professional surveys and analyses of the existing pay scale range of different organizations working in the market. These surveys are done on organization requests against defined financial costs.
Different factors are considered when the payscale range is determined to decide the salary. Factors that are considered to decide salary include the location of the company/organization, number of years that employee has the experience, the qualification level of the employee, professional skills that employee possesses, and communications skills possessed by the employees.
The salary of the employee is highly influenced by the skills possessed. Therefore, a skilled employee is paid high as compared to low-skilled employees. Thus, professionals with a particular set of skills or specific qualifications are paid high.
The geographical location of the organization also influences employee salary. An employee against a particular position will be given a salary based on the organization’s geographical location. Geographical location influences the cost of living.
The employee experience level also influences the Salay of the employee. The number of years of experience influences the salary of the employee. If a particular pay band is decided, then the salary range will depend on the number of years of experience within that pay band.
The educational qualification also influences the salary range of an employee. A candidate with a specified qualification is paid more than the candidate who does not have the desired qualification.
A candidate with the desired management experience is paid a higher salary than a candidate who does not have the desired management experience.
Salary is also divided based on the standards of an organization. The organization standard dictates that the salary must be adjusted as per the current inflation. The salary must match the inflation so that the purchasing power is not disturbed.
Artificial Intelligence Job Salary
Artificial Intelligence is used to solve problems in different sectors of life and the world. The influence of artificial intelligence can be seen in daily life. Artificial intelligence is designing intelligent solutions. Artificial intelligence can be used to design solutions in bioinformatics to electronic gadgets.
Computer professionals with skills in executing artificial intelligence algorithms can earn high salaries. In addition, computer professionals with skills and experience earn more than computer professionals with less experience and skills. The salary of artificial intelligence jobs is determined by finding the salary of the job of the same rank in the companies working in artificial intelligence. After this, skills, job title, and experience are calculated.
The salary of an artificial intelligence job is also calculated based on the company’s geographical location. Educational qualification is also one of the factors to be considered in deciding the salary of the artificial intelligence job. Postgraduate degree holders get more salary as compared to graduate degree holders. Post-Graduate computer professional with a working knowledge of machine learning algorithms, algorithms used to drill down data to find patterns, the algorithm of natural language processing used to recognize voice and face, and algorithms used to analyze business data to find consumer purchasing patterns can earn more than graduates not know artificial intelligence algorithms.
Job seekers must develop a framework to solve artificial/real-world problems to get a high salary in artificial intelligence. The developed framework is used to develop the model. The developed model is based on artificial intelligence algorithms; thus, job seekers proficient in the working algorithm of artificial intelligence are paid high compared to job seekers less proficient in artificial intelligence algorithms.
Computer professionals with working experience in different programming languages can develop the working framework and use programming logic to develop an association between different algorithm parameters.
A python programmer can also work with the algorithm of artificial intelligence. The Python programmers can develop programs according to the model developed on artificial intelligence algorithms. The Python programming language has programming constructs that support algorithms defined in artificial intelligence. Thus a Python programmer can get a high salary because of its ability to model artificial intelligence algorithms.
An object-Oriented programming paradigm is also required to model the algorithm of artificial intelligence. Artificial intelligence algorithms are used to model real-world problems and solve real-world problems. A programmer can design real-world scenarios using an object-oriented paradigm that can work more efficiently with artificial intelligence algorithms. Thus, object-oriented programmers can work with the algorithm of artificial intelligence and can earn a high salary.
In the US, artificial intelligence engineers can earn upto dollar 100 thousand. In Canada, an artificial intelligence engineer can earn upto 80,000 thousand Canadian dollars. In the United Kingdom, a job seeker in artificial intelligence can earn upto 55,000 thousand pounds.
In Germany, the artificial intelligence job seeker can get 80,000 thousand euros. In Australia, artificial intelligence job seekers can earn upto 100,000 Australian Dollars. In Singapore, the artificial intelligence job seeker can get 70,000 Singapore dollars.
Artificial Intelligence jobs are best available in the United States, across Europe, India, latin Gremany, across Canada, the whole of China, and the full United Kingdom (UK). The artificial intelligence job seeker can work at a different position within the organization.
The salary of the artificial intelligence job seeker depends on market demand and associated job profile. A job seeker with proficiency in working with the machine learning algorithm is in demand and thus can get high salary packages. An experienced job seeker can get a high salary.
A master’s degree holder in the field of artificial intelligence can get a better salary than an undergraduate degree holder. Moreover, a job seeker with an updated skill set can get a better job than a job seeker with an old skill set in the field of artificial intelligence.
In India, a fresh artificial intelligence graduate can earn upto six lakhs per annum. A job seeker having experience of intermediate level can earn upto 95 lakhs per annum. The salary package to artificial intelligence job seekers will be as per the prevailing economic condition and financial status.
In India, skills, experience, educational qualifications, working knowledge, and organization status decide artificial intelligence job seeker salary.
Companies have different pay scales for their employees. The payscale is decided based on the competition and the organization’s financial condition. The salary is decided based on the organization’s financial condition and the education and experience level of the employee.
Employees having a direct influence on the company’s revenue have defined payscale. An employee given a fixed target to achieve during a financial year have a fixed remuneration. This fixed remuneration is influenced based on the performance of the employee. If the employee cannot achieve a fixed target, its remuneration is affected. If the employee can get the set target, they get the allocated remuneration.
The salary range is different for different departments in an organization. Each department’s contribution is different, so its salary range is different. Thus the formula for calculating salary for one department in the organization can not be the same for the other department. The salary calculation formula depends on different factors, which may or may not be the same for different organization departments.
Different factors influence the salary calculation formula. These factors include – Operational Area, Scale of Operational Area, professional skills of the employee, the experience level of the employee, and the company’s financial condition.
When a new employee is recruited, then factor to be considered to calculate its salary incused its previous salary. If employees do not have the previous pay scale, their salary is calculated based on the salary given against that position by different organizations in the market.
An organization decides salary by considering other industry payscale or discussing with the trade association. Organizations may also contact other organizations working in the market that do professional surveys and analyses of the existing pay scale range of different organizations working in the market. These surveys are done on organization requests against defined financial costs.
Different factors are considered when the payscale range is determined to decide the salary. Factors that are considered to decide salary include the location of the company/organization, number of years that employee has the experience, the qualification level of the employee, professional skills that employee possesses, and communications skills possessed by the employees.
The salary of the employee is highly influenced by the skills possessed. Therefore, a skilled employee is paid high as compared to low-skilled employees. Thus, professionals with a particular set of skills or specific qualifications are paid high.
The geographical location of the organization also influences employee salary. An employee against a particular position will be given a salary based on the organization’s geographical location. Geographical location influences the cost of living.
The employee experience level also influences the Salay of the employee. The number of years of experience influences the salary of the employee. If a particular pay band is decided, then the salary range will depend on the number of years of experience within that pay band.
The educational qualification also influences the salary range of an employee. A candidate with a specified qualification is paid more than the candidate who does not have the desired qualification.
A candidate with the desired management experience is paid a higher salary than a candidate who does not have the desired management experience.
Salary is also divided based on the standards of an organization. The organization standard dictates that the salary must be adjusted as per the current inflation. The salary must match the inflation so that the purchasing power is not disturbed.
Conclusion
In the US, artificial intelligence engineers can earn upto dollar 100 thousand. In Canada, an artificial intelligence engineer can earn upto 80,000 thousand Canadian dollars. In the United Kingdom, a job seeker in artificial intelligence can earn upto 55,000 thousand pounds.
In Germany, the artificial intelligence job seeker can get 80,000 thousand euros. In Australia, artificial intelligence job seekers can earn upto 100,000 Australian Dollars. In Singapore, the artificial intelligence job seeker can get 70,000 Singapore dollars.
Computer professionals having skills in Artificial Intelligence are in demand in India. The beginner level salary of an Artificial Intelligence engineer in India is 4.5 lakhs to 5.5 lakhs. Intermediate level engineer salary in India is within the range of 11 lakhs to 13 lakhs per annum. Advanced level engineer salary in India is within the range of 2 lakhs per annum to 3 lakhs per annum.
