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Quantitative Researcher Salary

Quantitative Researchers in the United States can expect to earn an average of $82K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Work is enjoyable for Quantitative Researchers, who typically claim high levels of job satisfaction. Most people who answered the questionnaire are men; 64 percent of Quantitative Researchers are male. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a majority. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$41,634 - $135,684
(Median)
42K
64K
82K
110K
140K
MEDIAN: $82,051
10%
25%
50%
75%
90%

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$11.07 - $101.37
(Median)
11
52
100
MEDIAN: $20
10%
75%
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
$41,634 - $135,684  
   
Bonus
$0.00 - $70,000  
Profit Sharing
$2,948 - $20,000  
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).
)
$40,217 - $168,691  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 149
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
$11.07 - $101.37  
   
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
$2,948 - $20,000  
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).
)
$40,217 - $168,691  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 20
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

  • 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, Object Oriented Programming (OOP), and Statistical Analysis are correlated to pay that is significantly above average, leading to increases of 25 percent, 9 percent, and 8 percent, respectively. At the other end of the pay range are skills like Research Analysis and Data Analysis. Competency in Data Analysis frequently indicates knowledge of Statistical Analysis.

Pay by Experience Level for Quantitative Researcher

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


Folks with fewer than five years of experience take home $84K on average, and those who have worked for five to 10 years see a bigger median salary of $91K. Quantitative Researchers claiming one to two decades of experience make an estimated median of $91K. Average wages for folks with more than 20 years of experience come out to around $149K.

Related Job Salaries

Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 72%

Mid-Career
up arrow 6%

Experienced
up arrow 5%

National Average
$87,000


Skills That Affect Quantitative Researcher Salaries

Data Modeling
up arrow 25%

Object Oriented Programming (OOP)
up arrow 9%


National Average
$87,000

Data Analysis
up arrow 5%

Research Analysis
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
8%
1-4 years
42%
5-9 years
32%
10-19 years
14%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 80%
vision benefits Vision: 62% employee benefits None: 11%