Data Scientist, IT Salary
|Salary||$62,217 - $133,902|
|Bonus||$1,449 - $17,362|
|Profit Sharing||$587 - $20,426|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$61,378 - $148,129|
|Hourly Rate||$22.06 - $77.78|
|Bonus||$1,449 - $17,362|
|Profit Sharing||$587 - $20,426|
|Total Pay (||$61,378 - $148,129|
Job Description for Data Scientist, IT
IT data scientists are responsible for mining complex data and providing systems-related advice for their organization. They design new ways to incorporate vast information with a focus on information technology topics. They work with teams of other IT professionals to manage statistical data and create different models based on the needs of their company. They possess advanced analytical skills, in addition to their exceptional oral and written communication abilities. They process research information for easier consumption and transform it into actionable plans. They also provide value to their businesses through their findings and thoughtful insights.Read More...
IT data scientists follow specific, strict company and industry guidelines in their work. They observe data privacy rights to ensure client satisfaction and avoid legal issues. They create networks of professionals to consult, including internal partners and external colleagues. Most of the time data scientists work in teams using collaborative filtering, k-nearest neighbors, market basket analysis and matrix factorization methods. They deal with cutting edge technologies on a regular basis, and often have the best tools available at their disposal. One of their main work tools is usually an industrial computer with high processing power and proprietary software applications for research tasks.
IT data scientists usually must possess previous work experience in a similar position. They should have advanced knowledge of different data mining techniques such as clustering, regression analysis, decision trees and support vector machines. An advanced degree (such as a PhD) in computer science is usually required for this kind of position, in addition to previous years of work experience in a related field. (Copyright 2017 PayScale.com)
Data Scientist, IT Tasks
- Design and build new data set processes for modeling, data mining, and production purposes.
- Determine new ways to improve data and search quality, and predictive capabilities.
- Perform and interpret data studies and product experiments concerning new data sources or new uses for existing data sources.
- Develop prototypes, proof of concepts, algorithms, predictive models, and custom analysis.
Data Scientist, IT Job Listings
Popular Employer Salaries for Data Scientist, IT
Well-known firms with a reputation for hiring numerous IT Data Scientists include International Business Machines (IBM) Corp., Booz, Allen, and Hamilton, Amazon.com Inc, American Express Co. (AMEX), and Microsoft Corp. Amazon.com Inc offers the largest salaries in town — $147K on average.
Pay for IT Data Scientists is the lowest at Booz, Allen, and Hamilton, which has a median salary of $67K. In addition, there's little room to grow there, with salaries maxing out at $88K.
Popular Skills for Data Scientist, IT
Survey participants wield an impressively varied skill set on the job. Most notably, skills in Apache Hadoop, Hadoop, Python, and Machine Learning are correlated to pay that is above average, with boosts between 5 percent and 8 percent. Those listing Automation Scripting as a skill should be prepared for drastically lower pay. Java and Microsoft SQL Server also typically command lower compensation. The majority of those who know Data Analysis also know Machine Learning and Data Mining / Data Warehouse.
Pay by Experience Level for Data Scientist, IT
Pay by Experience for a Data Scientist, IT has a positive trend. An entry-level Data Scientist, IT with less than 5 years of experience can expect to earn an average total compensation of $89,000 based on 593 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Data Scientist, IT with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $107,000 based on 142 salaries. An experienced Data Scientist, IT which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $120,000 based on 66 salaries. A Data Scientist, IT with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $149,000 based on 13 salaries.
Pay Difference by Location
IT Data Scientists will find that Mountain View offers an impressive pay rate, one which exceeds the national average by 35 percent. IT Data Scientists will also find cushy salaries in San Francisco (+27 percent), Seattle (+27 percent), McLean (+14 percent), and New York (+7 percent). Compared to the national average, Cleveland IT Data Scientists have considerably lower salaries, 28 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Washington and Dallas are a couple other places where companies are known to pay below the median — salaries are 23 percent lower and 21 percent lower, respectively.
Data Scientist, IT Reviews
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Key Stats for Data Scientist, IT
Rated 5 out of 5
based on 23 votes.