Highest Paying American Companies in Need of Data Scientists.
The need for data science experts is continuing to grow, especially among companies that rely on it to make business decisions and strategic marketing. As a result, companies are willing to pay outstanding salaries and benefits to those who are experts in the field of data science. However, the different locations of several companies may influence data scientists’ salaries. Hence, the purpose of this article.
Why Companies Need Data Scientists
Companies and organizations acquire data in their operations but making sense of this data has become a critical need for them. This is where data scientists come in.
A data Scientist is a professional who is responsible for collecting, analyzing, and interpreting data. Likening, companies need to know what to do with the data they collect – the insights, research, development, forecasting, and more. Only data scientists can help them with this information, which can also contribute to increasing the revenue or market share of the company.
Observing all these, you can tell that companies are willing to pay an attractive sum to bring in the best talent they can find into their data science departments. Well, that being said, let’s look at the highest-paying American companies in need of data scientists.
Highest Paying American Companies in Need of Data Scientists
1. Oracle – Headquarters – Austin, TX
Oracle is the second-largest software company in the United States. The company focuses on databases, middleware, enterprise management, development software, and some hardware. The enterprise software company offers a range of cloud-based applications, platforms, and services to help companies improve their processes. Data scientists who work in Oracle are being paid high salaries and the company is open to new talents.
Data Scientist’s salary: $135,746
Total Average Compensation: $186,000
2. Walmart – Headquarters – San Bruno, CA
Walmart is one of the biggest retailers in the world. The company sells groceries and general merchandise. With up to 5,400 stores in the US, including about 4,800 Walmart stores and 600 Sam’s Club membership-only warehouses. Walmart has a broad big data ecosystem that attracts more data scientists into the entity. Also, many data science jobs are available in Arkansas where the company is based, and the cost of living is significantly cheaper. Last year, Walmart announced that its goal is to boost its online presence and become a competitor to Amazon.
Data Scientist’s salary: $156,183
Value of Benefits: $50,000
Total Average Compensation: $218,000
3. Nvidia – Headquarters – Santa Clara, CA
Nvidia is an artificial intelligence computing company that operates through two segments – graphics and computing/networking. They are known as a market leader in the design of graphics processing units for the gaming market, and SOCs for the mobile computing and automotive markets. Also, they require data scientists that can dramatically boost the performance of end-to-end analytics workflows, spending up value generation while reducing cost. Nvidia is one of the top payers for data scientists. The company announced last October that it would be building the world’s most powerful computer in the United Kingdom.
Data Scientist’s salary: $162,802
Value of Benefits: $51,000
Total Average Compensation: $222,000
4. Airbnb – Headquarters – San Francisco, CA
Airbnb offers a home as a place to stay instead of a hotel. They began in 2008 when two designers who had space to share hosted three travelers looking for a place to stay. Today, millions of hosts and travelers choose to create an Airbnb account so they can list their space for rentals. The company uses data science to build new product offerings, improve its services, and capitalize on new marketing initiatives.
Data Scientist’s salary: $181,452
Value of Benefits: $52,000
Total Compensation: $228,000
5. PayPal – Headquarters – San Jose, CA
Paypal’s HQ is located in San Jose but they also have a data service office In Austin and several operations centers in the United States and across the world. PayPal is one of the better choices to work on the West Coast. Their data scientists are very well paid and compensated.
Data Scientist’s salary: $153,568
Value of Benefits: $44,000
Total Average Compensation: $189,000
6. Lyft – Headquarters – San Francisco, CA
Lyft is an online ridesharing provider that offers ride booking, payment processing, and car transport services to customers in the United States. The company was introduced in 2012 and leverages a friendly, safe, and affordable transportation option that fills empty seats in passenger vehicles already on the road by matching drivers and riders via a smartphone application. With the company’s need for data science professionals, Lyft has a team of over 200+ data scientists with a variety of backgrounds, interests, and expertise.
Data Scientist’s salary: $164,372
Value of Benefits: $46,000
Total Average Compensation: $200,000
7. Cisco – Headquarters – San Jose, CA
Cisco continues to be a solid employer for data scientists. The company deals with hardware, software, telecommunications, the Internet of things, security, and energy management. Also, they make use of lots of data scientists making them among the highest paying American companies in need of data scientists.
Data Scientist’s salary: $145,678
Value of Benefits: $46,000
Total Average Compensation: $199,000
8. Apple – Headquarters – Cupertino, CA
Apple is one of the technology giants in the world. They are a well-paying company located in one of the most expensive places in the United States. Apple also has campuses in Austin, where the workforce continues to expand ahead of the 2022 opening of a new $1 billion campus in Texas city.
Data Scientist’s salary: $173,639
Value of Benefits: $47,000
Total Average Compensation: $203,000
9. Uber– Headquarters – San Francisco, CA
Uber is a transportation company, popular for its ride-hailing taxi app. The taxi app has swept the world, transformed transportation, and given a different business model for divers. Uber was founded in 2009. The app can automatically figure out the navigational route for drivers, calculates the distance and fare, and transfers the payment to the driver from the users’ selected payment method. Therefore, data science is an internal part of Uber’s products and philosophy.
Data Scientist’s salary: $117,362
10. Netflix– Headquarters – Las Gatos, CA
Netflix is a streaming entertainment service company. It was founded in 1997 by two serial entrepreneurs – Marc Randolph and Reed Hastings. The company provides subscription services, streaming movies, and television episodes over the internet. For many people, Netflix is the actual place to go for movies and series. Data science plays an important role in Netflix’s operation. With the help of data science, the company gets a more realistic picture of its customers’ tastes in form of graphs and charts.
Data Scientist’s salary: $126,298
11. Dropbox– Headquarters – San Francisco, CA
Dropbox is a cloud storage service company that lets users save files online and sync them to their devices. The company was founded in 2007. Dropbox is one of the oldest and most popular cloud storage services that has strongly outperformed Microsoft’s OneDrive and Google Drive. The company offers a browser service, toolbars, and apps to upload, share, and sync files to the cloud that can be accessed across several devices.
Data Scientist’s salary: $145,172
Conclusion: Highest Paying American Companies in Need of Data Scientists
The field of data science is filled with opportunities in diverse industries. As new technologies are being added to the digital world, the need for a data scientist is likely to grow in the coming decade.