Quantitative Researcher Salary

Generous salaries abound for Quantitative Researchers in the United States, with average pay above six figures ($101K) per year. Geographic location is the biggest factor affecting pay for this group, followed by career length. Work is reasonably fulfilling for most Quantitative Researchers — the majority report average levels of job satisfaction. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The majority of Quantitative Researchers (64 percent) survey respondents are male. The numbers in this rundown were provided by PayScale's salary survey participants.
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$56,111 - $156,522
$56K
$100K
$160K
MEDIAN: $101,860
10%
50%
90%

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$0$218K
Salary $56,111 - $156,522
Bonus $1,521 - $76,385
Profit Sharing $4,913
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).
)
$55,013 - $218,496
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 80

Find Out Exactly What You Should Be Paid

United States (change)

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

  • Work with large datasets to import, clean, format, and understand their contents..
  • Predict and document trends, problems, and areas for further analysis.
  • 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.

Quantitative Researcher Job Listings

Pay by Experience Level for Quantitative Researcher

Pay by Experience for a Quantitative Researcher has a negative trend. An entry-level Quantitative Researcher with less than 5 years of experience can expect to earn an average total compensation of $115,000 based on 62 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Quantitative Researcher with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $149,000 based on 19 salaries. An experienced Quantitative Researcher which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $98,000 based on 27 salaries. A Quantitative Researcher with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $104,000 based on 9 salaries.

Pay Difference by Location

National Average: $114,982

Larger city markers indicate a job is popular in that location.

Quantitative Researchers will find that New York offers an impressive pay rate, one which exceeds the national average by 35 percent. Quantitative Researchers will also find cushy salaries in San Francisco (+19 percent). Location is a huge contributor to overall pay, with Quantitative Researchers in Washington earning a whopping 33 percent below the national average. A couple other locations with smaller-than-average paychecks include Chicago (10 percent lower) and Boston (5 percent lower).

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Key Stats for Quantitative Researcher

Gender

Female
30 %
Male
70 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
Less than 1 year
10%
1-4 years
57%
5-9 years
24%
10-19 years
7%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Quantitative Researcher Salaries

▲30%

▼0%

National Average
$115,000

Late-Career
▼10%

Experienced
▼15%

Skills That Affect Quantitative Researcher Salaries

Python
▲44%


National Average
$115,000


Object Oriented Programming (OOP)
▼4%

Data Modeling
▼6%

Research Analysis
▼35%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
10%
1-4 years
57%
5-9 years
24%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 79%
vision benefits
Vision: 68%
no benefits
None: 10%
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