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What is the salary of fresher data analyst in TCS?

A fresher data analyst is a professional who has recently graduated or completed a course in data analytics and has little or no work experience in the field. Data analytics is the process of collecting, cleaning, analyzing, and interpreting data to help businesses make informed decisions and achieve their goals. In this article, we will learn about the salary of a fresher data analyst in TCS. Read on to find out more. 

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What is TCS?

TCS, or Tata Consultancy Services, is one of the largest IT services companies in the world, with over 600,000 employees and operations in 46 countries. TCS offers a range of services and solutions in various domains and industries, like consulting, digital transformation, cloud, analytics, automation, and artificial intelligence. 

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The purpose of this article is to answer the question of what is the salary of fresher data analyst in TCS, and how it compares with other companies or competitors in India. The scope of this article is to discuss the average salary range and factors that influence the salary of fresher data analyst in TCS, based on facts and references from reliable sources. 

Apart from this, we will provide some background information on the demand and supply of data analysts in India and the role of TCS in the data analytics industry. 

According to a report by NASSCOM, the total demand for AI and BDA talent in India is estimated to be around 800,000 in 2021, while the employed talent pool is estimated to be around 570,000. This indicates a significant gap between the demand and supply of data analysts in India, which creates opportunities and challenges for both employers and employees. 

TCS is one of the leading employers of data analysts in India, as it has a strong focus on data analytics as one of its key service offerings. TCS has developed various solutions and platforms to help its clients leverage data for business outcomes. 

In addition, TCS hires fresher data analysts through various channels, like campus placements, off-campus drives, referrals, and online portals, just to name a few.

The salary of fresher data analyst in TCS

The salary of fresher data analyst in TCS is one of the most frequently asked questions by fresher data analysts who want to join the company. According to Glassdoor, the average salary of fresher data analyst in TCS is ₹ 3,44,126 per year, which meets the national average. 

Factors effecting the salary of a data analyst in TCS

However, the salary may vary based on various factors, like the location, experience, qualification, and performance of the employee. Let’s discuss these factors one by one. 

  1. Location

The location of the employee can affect the salary of fresher data analyst in TCS, as different cities have different cost of living and market demand. For example, a fresher data analyst in Mumbai may earn more than a fresher data analyst in Chennai, due to the higher living expenses and competition in Mumbai. 

According to Indeed, the average salary of fresher data analyst in Mumbai is ₹ 4,01,000 per year, while the average salary of fresher data analyst in Chennai is ₹ 2,97,000 per year.

  1. Employee experience 

The experience of the employee can influence the salary of fresher data analyst in TCS, as more experienced data analysts may have more skills and knowledge than less experienced ones. 

For example, a fresher data analyst with 1 to 3 years of experience may earn more than a fresher data analyst with 0 to 1 years of experience, due to the higher skill level and expertise of the former. 

According to Glassdoor, the average salary of fresher data analyst with 1 to 3 years of experience in TCS is ₹ 4,50,000 per year, while the average salary of fresher data analyst with 0 to 1 years of experience in TCS is ₹ 3,00,000 per year.

  1. Employee qualification

The qualification of the employee can also affect the salary of fresher data analyst in TCS, as higher qualified data analysts may have more credentials and recognition than lower qualified ones. 

For example, a fresher data analyst with a master’s degree or a certification may earn more than a fresher data analyst with only a bachelor’s degree, due to the higher education and qualification of the former. 

According to Indeed, the average salary of fresher data analyst with a master’s degree in TCS is ₹ 4,10,000 per year, while the average salary of fresher data analyst with a bachelor’s degree in TCS is ₹ 3,20,000 per year.

  1. Employee performance

The performance of the employee can also impact the salary of fresher data analyst in TCS, as better performing data analysts may have more rewards and incentives than worse performing ones. 

For instance, a fresher data analyst who performs well and exceeds expectations may earn more than a fresher data analyst who performs poorly or meets expectations, due to the higher performance appraisal and incentives of the former. 

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According to Glassdoor, the average bonus for fresher data analyst in TCS is ₹ 40,000 per year.

Benefits and incentives for data analysts

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  • Job security and stability
  • Supportive and collaborative work environment
  • Flexible work hours and work from home policy
  • Learning and growth opportunities
  • Transport facilities and free snacks
  • Education assistance and certification programs

Long story short, various factors, such as location, experience, qualification, and performance, affect the salary of fresher data analyst in TCS. The yearly salary of fresher data analyst in TCS is on average ₹ 3,44,126. However, the salary can change depending on these factors. Besides, TCS provides many benefits and incentives to its employees, like job security, supportive work environment, flexible work hours, learning and growth opportunities, transport facilities, education assistance, and certification programs, to name a few. TCS is a major employer of data analysts in India, and the demand for data analysts is likely to increase in the future, creating more opportunities and challenges for both employers and employees

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