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Quantitative Researcher Salary

Median pay for Quantitative Researchers in the United States lies in the neighborhood of $82K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. For the most part, Quantitative Researchers enjoy their work and report high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Quantitative Researchers who participated in the survey are largely men, dominating at 66 percent. The numbers in this rundown were provided by PayScale's salary survey participants.
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$43,142 - $130,639
(Median)
$43K
$82K
$130K
MEDIAN: $81,981
10%
50%
90%

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$11.07 - $101.37
(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
$43,142 - $130,639  
   
Bonus
$0.00 - $67,370  
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).
)
$40,170 - $163,077  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 152
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 - $67,370  
   
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).
)
$40,170 - $163,077  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 20

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United States (change)


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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 usually report a few specific skills. 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 26 percent, 12 percent, and 7 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Research Analysis. Data Analysis and Statistical Analysis are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Quantitative Researcher

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


Quantitative Researchers who reported more years of relevant experience also reported higher earnings. In this position, someone who has worked for fewer than five years can expect a median salary of $84K. The median for people with five to 10 years of experience is only a little bit higher at $85K. Quantitative Researchers bring in $93K after working for 10 to 20 years. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $149K.

Related Job Salaries

United States (change)

Experience Affects Quantitative Researcher Salaries

Late-Career
up arrow 73%

Experienced
up arrow 8%

National Average
$86,000

Mid-Career
up arrow 1%


Skills That Affect Quantitative Researcher Salaries

Data Modeling
up arrow 26%

Object Oriented Programming (OOP)
up arrow 12%


National Average
$86,000

Data Analysis
up arrow 2%

Research Analysis
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
9%
1-4 years
44%
5-9 years
29%
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: 10%
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