Quantitative Researcher Salary

An average Quantitative Researcher in the United States can expect to take home roughly $82K per year. Geographic location and career duration each impact pay for this group, with the former having the largest influence. The majority of Quantitative Researchers claim high levels of job satisfaction. There are more male Quantitative Researchers than female among those who completed the questionnaire, making up 67 percent. Medical benefits are awarded to a large number, and most earn dental coverage. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$44,275 - $136,366

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$11.15 - $101.01

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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
$44,275 - $136,366  
   
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).
)
$40,460 - $167,585  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 152
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
$11.15 - $101.01  
   
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 - $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).
)
$40,460 - $167,585  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 21
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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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Quantitative Researchers report using a pretty varied skill set on the job. 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 24 percent, 9 percent, and 6 percent, respectively. Skills that pay less than market rate include Research Analysis. Many workers who know Data Analysis also know Statistical Analysis.

Pay by Experience Level for Quantitative Researcher

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


Those who have worked for fewer than five years take home a median salary of $86K, and workers with five to 10 years of experience report earning less ($85K) on average. Quantitative Researchers bring in $94K after working for 10 to 20 years. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $126K.

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Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 44%

Experienced
up arrow 8%

National Average
$87,000


Mid-Career
up arrow 2%

Skills That Affect Quantitative Researcher Salaries

Data Modeling
up arrow 24%


Object Oriented Programming (OOP)
up arrow 6%

National Average
$87,000

Data Analysis
up arrow 3%

Research Analysis
up arrow 13%

Job Satisfaction

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

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
8%
1-4 years
45%
5-9 years
28%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 82%
vision benefits Vision: 63% employee benefits None: 10%
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