Quantitative Researcher Salary

For Quantitative Researchers, annual average wages total $82K per year. Residence and career length each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Job satisfaction is reported as high by the vast majority of workers. Men account for the majority of Quantitative Researchers who responded to the questionnaire — 66 percent to be exact. This report is based on answers to PayScale's salary questionnaire.
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$41,942 - $132,276
(Median)
$42K
$82K
$130K
MEDIAN: $81,824
10%
50%
90%

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$11.23 - $100.67
(Median)
$11
$21
$100
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$41,942 - $132,276  
   
Bonus
$0.00 - $70,000  
Profit Sharing
$2,975 - $24,566  
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).
)
$39,860 - $165,028  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 153
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$11.23 - $100.67  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.00 - $70,000  
   
Profit Sharing
$2,975 - $24,566  
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).
)
$39,860 - $165,028  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 22
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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 imply that Quantitative Researchers put a diverse skill set to use. Most notably, facility with Data Modeling, Statistical Analysis, and Object Oriented Programming (OOP) are correlated to pay that is significantly above average, leading to increases of 26 percent, 9 percent, and 8 percent, respectively. Skills that pay less than market rate include Research Analysis. Data Analysis and Statistical Analysis are also commonly seen together.

Pay by Experience Level for Quantitative Researcher

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


Experience is an important factor influencing the compensation of Quantitative Researchers. Survey participants with less than five years' experience report a median income of $84K, and earnings aren't much higher for respondents who have five to 10 years under their belts; respondents in the latter group report a median of just $84K. Quantitative Researchers who work for 10 to 20 years in their occupation tend to earn about $93K. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $126K.

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Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 47%

Experienced
up arrow 9%

National Average
$86,000


Mid-Career
up arrow 2%

Skills That Affect Quantitative Researcher Salaries

Data Modeling
up arrow 26%


Object Oriented Programming (OOP)
up arrow 8%

National Average
$86,000

Data Analysis
up arrow 3%

Research Analysis
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
9%
1-4 years
43%
5-9 years
28%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 80%
vision benefits Vision: 63% employee benefits None: 11%
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