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The Burtch Works StudySalaries of Data ScientistsMay 2018
@BurtchWorks #BWstudy
Use of data science
continues to spread
to new areas
Despite influx of professionals into
data science, more experienced
talent continues to be scarce
Traditional analytics
and data science
continue to blend
5th Annual Study
Compensation & demographic data
399 data scientists
Base salaries & bonuses
Job category
Industry & region
Residency status
Education & gender
TodayDefining & identifying data scientists
Demographic profile
Salary changes & trends
Other noteworthy findings
Predictions for data science’s future
Live Q&A
Defining & Identifying Data Scientists
Data Science vs. Predictive Analytics
Predictive Analytics Professionals
Analyze data to glean insights
and prescribe action
Quantitative skills
Structured data
Data Scientists
Analyze data to glean insights
and prescribe action
Quantitative skills
Unstructured, streaming data
Computer science/coding
© 2018 Burtch Works LLC
Most Data Scientists have advanced degreesMaster’s or Ph.D. in
Mathematics or Statistics
Computer Science
Engineering
Operations Research
Economics
Data Science
May have experience in non-traditional programs
Bootcamps
MOOCs
Data Scientists use a variety of tools
Python
Scala
Hive
Pig
Hadoop
Spark
TensorFlow
AWS
D3.js
R
SQL
Java
Data Scientists don’t includeSoftware Developers
Predictive Modelers
Data Engineers
Traditional MBA’s
Business Intelligence
Information Technology
Profiles matched to job categories
Individual Contributors
Level 1: 1-3 years of experience
early career professional
Level 2: 4-8 years
hands on, more advanced
Level 3: 9+ years
analytics subject matter expert
Managers
Level 1: 1-3 direct reports
tactical manager
Level 2: 4-9 direct reports
leads a function
Level 3: 10+ direct reports
executive leader, sets strategy
© 2018 Burtch Works LLC
Demographic Profile
The data science field is young
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
0-5 6-10 11-15 16-20 21-25 26+
Years of Experience
Data © 2018 Burtch Works LLC
Median: 6.0 years
Mean: 7.8 years
Data Scientists are highly educated
Ph.D.
48%
Bachelor's
9%
Master's
43%
Data © 2018 Burtch Works LLC
0%
10%
20%
30%
40%
50%
60%
70%
Bachelor's Master's Ph.D.
Da
ta S
cie
ntist
s
Pre
dic
tiv
e A
na
lytic
s P
ros
Among Data Scientists, a higher prevalence of PhD’s
Data © 2018 Burtch Works LLC
0% 5% 10% 15% 20% 25% 30%
Economics
Social Science
Business
Engineering
Natural Science
Computer Science
Math/Statistics
Most study Math/Statistics, Computer Science, Natural Science
Data © 2018 Burtch Works LLC
Many Data Scientists are foreign born
U.S. Citizen
62%
Other
1%
F-1/OPT
5%
H-1B
13%
Perm.
Resident
19%
Data © 2018 Burtch Works LLC
Nearly half of early-career Data Scientists foreign born
0% 20% 40% 60% 80% 100%
IC-1
IC-2
IC-3
U.S. Citizen H-1B F-1/OPT
Perm. Res. Other
Data © 2018 Burtch Works LLC
40%
10%
16%
8%
26%
West
Coast
Mountain
MidwestNortheast
Southeast
Most Data Scientists are on the coasts
Data © 2018 Burtch Works LLC
Tech still employs the largest number of Data Scientists
0% 10% 20% 30% 40% 50%
Gaming
Government
Academia
Retail & CPG
Healthcare/Pharma
Consulting
Marketing Services
Corporate-Other
Financial Services
Technology
Data © 2018 Burtch Works LLC
15% of Data Scientists
are women
Data © 2018 Burtch Works LLC
10% of DS executive
leaders are women
22% of early-career DS
are women
Data © 2018 Burtch Works LLC
Compensation of Data Scientists
Data Scientist salaries are leveling off
Individual Contributors
$0 $50,000 $100,000 $150,000 $200,000 $250,000
IC-1
IC-2
IC-32018
2017
+5%
+2%
+0%
$165k
$129k
$95k
Data © 2018 Burtch Works LLC
Data Scientist salaries are leveling off
Managers
$0 $50,000 $100,000 $150,000 $200,000 $250,000
MG-1
MG-2
MG-32018
2017
+0%
-3%
-3%
$185k
$145k
$250k
Data © 2018 Burtch Works LLC
5-Year Salary Trend: Individual Contributors
Level 2014 2015 2016 2017 2018
IC-1 $80k $91k $97k $95k $95k
IC-2 $120k $125k $125k $126k $129k
IC-3 $150k $150k $152k $157k $165k
Data © 2018 Burtch Works LLC
5-Year Salary Trend: Individual Contributors
Level 2014 2015 2016 2017 2018
IC-1 $80k $91k $97k $95k $95k
IC-2 $120k $125k $125k $126k $129k
IC-3 $150k $150k $152k $157k $165k
Data © 2018 Burtch Works LLC
5-Year Salary Trend: Individual Contributors
Level 2014 2015 2016 2017 2018
IC-1 $80k $91k $97k $95k $95k
IC-2 $120k $125k $125k $126k $129k
IC-3 $150k $150k $152k $157k $165k
Data © 2018 Burtch Works LLC
5-Year Salary Trend: Individual Contributors
Level 2014 2015 2016 2017 2018
IC-1 $80k $91k $97k $95k $95k
IC-2 $120k $125k $125k $126k $129k
IC-3 $150k $150k $152k $157k $165k
Data © 2018 Burtch Works LLC
5-Year Salary Trend: Managers
Level 2014 2015 2016 2017 2018
MG-1 $140k $141k $140k $149k $145k
MG-2 $183k $185k $190k $190k $185k
MG-3 $233k $250k $240k $250k $250k
Data © 2018 Burtch Works LLC
5-Year Salary Trend: Managers
Level 2014 2015 2016 2017 2018
MG-1 $140k +0% +0% +6% -3%
MG-2 $183k +1% +3% +0% -3%
MG-3 $233k +7% -4% +4% +0%
Data © 2018 Burtch Works LLC
Data Scientist salaries continue to exceed others in analytics
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
IC-1 IC-2 IC-3
Da
ta S
cie
nc
e
Pre
dic
tiv
e A
na
lytic
s
+22%
+36%
+27%
Data © 2018 Burtch Works LLC
Additional Findings
$137K
West
Coast
Middle U.S.
Northeast
Coastal salary disparity beginning to close
Level 2 Individual Contributors
$120K
$133K
Data © 2018 Burtch Works LLC
Salary disparity between
tech & other industries decreasing
Level 2 Individual ContributorData © 2018 Burtch Works LLC
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
2017 2018
Oth
er
Ind
ust
rie
s
Tec
h
+11% +4%
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
IC-3 MG-1 MG-2
Data © 2018 Burtch Works LLC
Management not required for high salaries
Data scientists with PhDs outearn Master’s
Master’s, 64%
Master’s, 59%
Master’s, 48%
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
IC-1 IC-2 IC-3
Ma
ste
r’s
Ph
D
+10%
+8%
+10%
Data © 2018 Burtch Works LLC
85.8% of quantitative teams planning
to hire in Q1/Q2 2018
Data science & analytics hiring intentions continue to be strong in 2018
Data © 2018 Burtch Works LLC
77.0% of quantitative teams
expanding in Q1/Q2 2018
Data science & analytics hiring intentions continue to be strong in 2018
Data © 2018 Burtch Works LLC
Recap/Demographicsof Data Scientists
48% hold PhD’s, 43% hold a Master’s
66% work/live on West Coast & Northeast
44% employed by tech companies
38% permanent resident or on a visa
15% female
72% have 10 or less years’ experience
Data © 2018 Burtch Works LLC
Recap/Compensationof Data Scientists
Base salaries shifted only by single digit %
Data scientists outearn others in analytics
Highest salaries paid on the coasts
Tech data scientists earn more
PhD’s earn higher salaries
Data © 2018 Burtch Works LLC
Additional data is available in
our full report
burtchworks.com/study
35+ pagesDemographics
Compensation
Year-Over-Year Trends
Qualitative Insights
Quartiles/Means
Predictions
for the Future
of Data Science
The Push for ROI Will Hound Both Legacy Firms & Startups
Specialists Will Become the Norm, Not “Unicorns”
The Hands-On Component Will Be Essential to Leadership
Expect more changes as data science
continues to evolve and grow!
Contingency &
Retained Services
Entry Data Science up to
Chief Data Scientist
info@burtchworks.com
Hiring Data Scientists?
Download the full report:
www.burtchworks.com/study
About Burtch Works
Leading resource for analytics, data science, and marketing research talent
Download our salary reports
burtchworks.com/study
30+ pages of data for:
Data Science
Predictive Analytics
Marketing Research
Explore new roles or
post a job and find niche talent
on jobs.burtchworks.com
• Data science
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• Consumer insights
• Credit/risk analytics
• Fraud analytics
• Web analytics
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…and many more!
Visit burtchworks.com/blog for more insights:
• How SAS, R, or Python preferences vary in the
quantitative community
• How many data science & analytics teams are hiring
• Long-term career growth advice
• Developing trends in the data science space
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