Column | chapter nine algorithm

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Data science has been around for nearly a decade, but until now, only top tech talent has been able to do the job, so data science salaries are quite competitive in the IT field. Data scientists earn an average of $100K a year, according to Paysa’s most recent salary data.

And it’s even more surprising: some top tech companies are paying data scientists more than twice the average. So which companies are the highest-paid data scientists making the most money? We’ve compiled a list of the top five tech companies for data scientist pay.

1

Pinterest – $212K** per year

For a company that specialises in fashion, food and interior design, it’s not surprising that Pinterest has invested heavily in data science. After all, data determines how to deliver quality content that keeps target consumers on the site longer, and for Pinterest it’s absolutely essential. So who is responsible for studying market trends and delivering the right content? Data scientists, of course!

** Data scientists at Pinterest make an average annual salary of $212K **, which includes a base salary of $145K, an annual bonus of $12K and $55K in equity. And equity should be of particular concern to data scientists considering a job at Pinterest, which is not yet a publicly traded company, making it one of Silicon Valley’s most valuable tech unicorns.

2

Lyft – $209K per year

Among some of Lyft’s highest-paying positions, “data scientist” ranks fourth, with an annual salary of $209K **. That $209,000 includes a base salary of $147,000 and $62,000 a year in equity. The annual salaries of data scientists at Lyft are among the highest in the industry.

3

Uber – $206K per year

The battle for supremacy in the ride-sharing industry between Lyft and Uber is fierce, so it makes sense that Uber would be another tech company looking for good data scientists to gain a unique edge. Uber’s data scientists make an average annual salary of $206K, but it’s worth noting that while Uber’s data scientists make only $3K less on average than Lyft’s, the composition of the two companies’ average data scientist salaries is quite different. The average base salary for a data scientist at Uber is $120K ($147K at Lyft), but Uber employees get $12K in bonuses and $67K in equity annually on top of their base salary.

4

Facebook – $198K per year

There’s no question that Facebook also needs high-quality data scientists, and that Facebook is willing to pay good money to hire them. Data scientists at Facebook make an average of $198K a year, which includes a base salary of $144K, an annual bonus of $16K, and $39K in equity.

While the salary of a data scientist working at Facebook may be slightly lower than at any of these tech companies, be aware that working with Mark Zuckerberg is also a good option.

5

Dropbox – $183K per year

Dropbox is a trailblazer in the data industry, so there’s no question that it’s one of the best tech companies for data scientists to work at. The average annual salary of a data scientist at Dropbox is $183K, with an average base salary of $122K, annual bonus of $15K, and $46K in stock options.

Finally, if you have the skills and experience to be a data scientist, try these five companies.

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