Quantitative Researcher Salary

Quantitative Researchers in the United States can expect wages of $82K annually on average. Residence is the biggest factor affecting pay for this group, followed by experience level. More than half of Quantitative Researchers (67 percent) survey respondents are men. Job satisfaction for Quantitative Researchers is high. Most report receiving medical coverage from their employers and a large number collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$43,261 - $136,126
(Median)
$43K
$82K
$140K
MEDIAN: $82,142
10%
50%
90%

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$11.15 - $101.01
(Median)
$11
$20
$100
MEDIAN: $20
10%
50%
90%

Add this chart to your site: 640px    300px

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
$43,261 - $136,126  
   
Bonus
$0.00 - $66,977  
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).
)
$40,054 - $167,379  
Country: United States | Currency: USD | Updated: 2 Jul 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
$11.15 - $101.01  
   
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 - $66,977  
   
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).
)
$40,054 - $167,379  
Country: United States | Currency: USD | Updated: 2 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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Survey results suggest that Quantitative Researchers use a fairly large toolkit of professional skills. 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. At the other end of the pay range are skills like 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.


For Quantitative Researchers, more experience in the field does not usually mean bigger paychecks. During their first five years in the workforce, individuals in this position earn $86K on average. Survey participants with five to 10 years under their belts see an only a slightly bigger average of $88K. Quantitative Researchers who work for 10 to 20 years in their occupation tend to earn about $93K. As Quantitative Researchers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $126K.

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Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 45%

Experienced
up arrow 7%

Mid-Career
up arrow 2%

National Average
$87,000


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
44%
5-9 years
28%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 81%
vision benefits Vision: 63% employee benefits None: 10%
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