The Data Science Market: 2016 Compensation Insights
EVANSTON, IL, May 18, 2015 — Data science and analytics recruiting firm, Burtch Works, recently released updated salary figures for 374 data scientists across the U.S. in their third annual report. This new data suggests that data science salaries are leveling off. For example, individual contributors early and late in their career saw single-digit base salary increases this year, while the median salary for mid-level individual contributors remained unchanged.
Data scientists are professionals who have analytics skills coupled with computer science knowledge. These individuals, often called “unicorns”, offer skills that are in very high demand and are difficult to find. Despite salaries leveling off, data scientists still out-earn other predictive analytics professionals – they realize base salaries up to 39% higher than other predictive analytics professionals, depending on career level.
Data science demographics and salaries were analyzed by region, industry, education, residency status, years of experience, and gender. Additional insights are detailed on the Burtch Works blog, and the full report is available for download.
About Burtch Works
Based in Evanston, IL, Burtch Works offers contingent and retained searches nationwide for clients ranging from start-ups to major corporations. Their specialties include data science, marketing analytics, credit/risk analytics, marketing research, consumer insights, and web analytics. Their insights have been featured in The New York Times, Wall Street Journal, Mashable, Forbes, CNBC, InformationWeek and other media outlets.
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