For Quantitative Researchers, yearly average wages total $98K annually. Geographic location 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. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$49,164 - $147,987
(Median)
$49K
$98K
$150K
MEDIAN: $98,320
10%
50%
90%

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$14.48 - $37.00
(Median)
$
$20
$
MEDIAN: $20
50%

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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
$49,164 - $147,987  
   
Bonus
$496.65 - $30,410  
Profit Sharing
$6,000  
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).
)
$46,219 - $165,554  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 69
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$30$60$90
Hourly Rate
$20.00  
   
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$60K$120K$180K
Bonus
$496.65 - $30,410  
   
Profit Sharing
$6,000  
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).
)
$46,219 - $165,554  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 5
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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.

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Pay by Experience Level for Quantitative Researcher

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


Even the relatively untested can earn a lot; individuals who have been working for fewer than five years report a median six-figure salary of $101K per year. For Quantitative Researchers, 10 to 20 years of experience on the job amounts to an average salary of $98K. Quantitative Researchers who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $104K.

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Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 5%


National Average
$99,000

Experienced
up arrow 1%

Mid-Career
up arrow 18%

Skills That Affect Quantitative Researcher Salaries

Object Oriented Programming (OOP)
up arrow 11%

Data Modeling
up arrow 9%


National Average
$99,000

Data Analysis
up arrow 1%

Research Analysis
up arrow 24%

Job Satisfaction

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

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
9%
1-4 years
58%
5-9 years
20%
10-19 years
5%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 90%
medical benefits
Vision: 75%
dental benefits
None: 2%
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