Share with your friends










Submit

Analytics Magazine

Study: Salaries for early career data scientists decrease for first time

Salaries for early career data scientists decreased year over year for the first time in four years as did the percentage of early career data scientists with a Ph.D. while demand for data scientists continued to increase, according to a recently released Burtch Works’ 2017 salary study of data scientists. Salaries for more experienced data scientists generally held steady or increased slightly depending on an individual’s focus area, responsibility and geographic base, according to the report.

The study includes data on salaries and bonuses by industry, region, education, residency status and gender, as well as the data science hiring market trends and predictions for the future.

The study sample included more than 400 U.S.-based data scientists. Burtch Works defines “data scientist” as a “specific type of predictive analytics professional who applies sophisticated quantitative and computer science skills to both structure and analyze massive stores or continuous streams of unstructured data, with the intent to derive insights and prescribe action.”

Burtch Works Executive Recruiting is a resource for quantitative talent, job opportunities and information about hiring and compensation trends in the industry. To download the free, complete report click here.

Related Posts

  • 62
    The gender pay gap among predictive analytics professionals is practically nonexistent, and the percentage of U.S. citizens in the profession at the junior level is increasing while the percentage of foreign-born professionals at the same level is decreasing as more U.S. students are entering the market. Those are two of…
    Tags: survey, data, salaries, salary
  • 61
    Individuals with a master’s degree in operations research rank third highest in terms of mid-career salaries, according to a recent survey by Forbes. The findings, part of Forbes’ 2016-2017 College Salary Report, combed data for nearly 200 graduate-level degrees and ranked them according to the mid-career salaries of full-time U.S.…
    Tags: survey, salaries, salary, data
  • 47
    January/February Social media, marketing & analytics, v. 4.0 Beyond SaaS: infrastructure, platform as a service Talent shortage: in search of deep analytical skills March/April Software survey: statistical analysis Data revolution: AI and machine learning IoT: devices, connectivity, IT and more May/June Cognitive computing: what’s next? Data quality: cleaning up messy…
    Tags: data, survey
  • 47
    The gender pay gap among predictive analytics professionals is practically nonexistent, and the percentage of U.S. citizens in the profession at the junior level is increasing while the percentage of foreign-born professionals at the same level is decreasing as more U.S. students are entering the market. Those are two of…
    Tags: data, burtch, salaries, works, survey, study, salary
  • 45
    New research by Continuum Analytics finds that 96 percent of data science and analytics decision-makers agree that data science is critical to the success of their business, yet a whopping 22 percent are failing to make full use of the data available.
    Tags: data, scientists

Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


Headlines

What you like in a CEO candidate may not deliver results

Attributes that often get someone hired as CEO may not be the ones that drive success once they are at the helm of the company. That’s one of many provocative insights in a study by consulting firm ghSMART. The study, recently featured in Harvard Business Review, identifies characteristics that differentiate the most effective leaders. Read more →

Paying for online reviews backfires among socially influential

Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews? Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

CONFERENCES

2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.