Quantitative Researcher Salary

Quantitative Researchers in the United States take home approximately $84K annually on average. Residence is the biggest factor affecting pay for this group, followed by career duration. Medical benefits are awarded to nearly all, and most earn dental coverage. More than half of Quantitative Researchers (66 percent) survey respondents are men. Job satisfaction for Quantitative Researchers is high. Respondents to the PayScale salary survey provided the data for this report.
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$45,615 - $135,660
(Median)
$46K
$84K
$140K
MEDIAN: $84,307
10%
50%
90%

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$13.91 - $100.67
(Median)
$14
$21
$100
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$45,615 - $135,660  
   
Bonus
$0.00 - $74,240  
Profit Sharing
$5,087  
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).
)
$41,227 - $166,007  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 155
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$13.91 - $100.67  
   
Overtime
$75.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$0.00 - $74,240  
   
Profit Sharing
$5,087  
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).
)
$41,227 - $166,007  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 18
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Job Description for Quantitative Researcher

Quantitative researchers analyze compiled data to develop improvements to existing business models and/or develop and implement new business models. These researchers work in a variety of fields, especially in science and finance. They often collaborate with data scientists, researchers, engineers, and other experts with the shared goal of solving business challenges in a constantly changing market; these collaborative efforts are usually called a research team. Quantitative researchers are responsible for structuring and presenting the analyzed data to relevant parties within the business. Quantitative researchers generally work in an office environment in front of a computer, although work from home opportunities do exist as well (which are normally hired on a contract basis).

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Quantitative Researcher Tasks

  • Identify tactics to reduce noise in data and increase rigor of analyses.
  • Create and utilize statistical tools, models, and algorithms to answer questions and detect trends.
  • Work with large datasets to import, clean, format, and understand their contents..
  • Predict and document trends, problems, and areas for further analysis.

Quantitative Researcher Job Listings

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Survey results show that Quantitative Researchers typically report just a few professional skills. Most notably, skills in Data Modeling, Statistical Analysis, Object Oriented Programming, and Data Analysis are correlated to pay that is above average, with boosts between 5 percent and 18 percent. Skills that are correlated to lower pay, on the other hand, include Research Analysis and Data Analysis. Aptitude in Data Analysis tends to also indicate an understanding of Statistical Analysis.

Pay by Experience Level for Quantitative Researcher

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience does not seem to be a strong driver of pay increase in this role. Respondents with less than five years' experience take home $90K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $96K. For Quantitative Researchers, 10 to 20 years of experience on the job amounts to an average salary of $98K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $104K.

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Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 13%

Experienced
up arrow 7%

Mid-Career
up arrow 5%

National Average
$92,000


Skills That Affect Quantitative Researcher Salaries

Data Modeling
up arrow 18%


Object Oriented Programming (OOP)
up arrow 5%

National Average
$92,000

Data Analysis
up arrow 7%

Research Analysis
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
9%
1-4 years
49%
5-9 years
25%
10-19 years
12%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 84%
medical benefits
Vision: 68%
dental benefits
None: 7%
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