Statisticians, like other data experts, are currently in high demand in the United States, even if not all jobs for statisticians attract the same salary. If you are a new statistician or thinking of becoming one, learning about the best companies for statisticians will help secure your career future.
This article covers everything you need to know about the highest-paying statistician companies, including salary information and company reviews. This information can help you reach your career goals in the field of statistical analysis.
What Are Statisticians?
A statistician is a professional who uses applied and theoretical statistics to interpret data and communicate results to clients. The data queried by statisticians is usually used to make informed, data-driven decisions within an organization. Statisticians often double as mathematicians, using applied mathematical theories to provide solutions to pressing problems.
How to Get a Statistician Job
The first step to getting a job as a statistician is learning how to become a statistician. There are several paths that you can take to learn this profession and build the required skillset. Below is a step-by-step guide on getting your first job as a statistician.
- Earn a degree. The go-to degree for statisticians is a Master’s Degree in Statistics, Mathematics, or related fields. However, there are some employers who may be willing to give you a job opportunity even if you only have a Bachelor’s Degree in Mathematics.
- Get on-the-job experience. One of the best ways to convince employers to give you a shot is to prove that you have experience. So, consider enrolling in an internship program first to get additional training before looking for a full-time job. Research-reliant companies like Pfizer and Bayer hire statistic interns all the time.
- Validate your skills. It is a good idea to validate your skills as a statistician by getting a professional certification. These professional certifications set you apart from your peers. Chartered Financial Analyst and Certified Internal Auditor are two great certification options.
- Start applying for full-time positions. With your degree, experience, and certification in place, it is time to start applying for high-paying statistician jobs in a variety of industries. You can take advantage of online job search platforms or visit an in-person job recruitment center for assistance.
- Maintain a professional profile. Statisticians, like accountants and other financial experts, must always present themselves as professionals. Cleaning up your social media pages and updating your LinkedIn profile is a good first step. You never know when an opportunity could present itself.
Top 10 Highest-Paying Statisticians Companies
|Company||Salary for Statisticians|
|TechData Service Company||$108,341|
|Johnson & Johnson||$98,289|
|US Census Bureau||$92,228|
|Eli Lilly and Company||$90,808|
IQVIA is a healthcare data science company that uses state-of-the-art technology for clinical research and development. The company hires statisticians to join its health sciences research team and drive healthcare to the next level with innovation. Note that you will have to specialize in biostatistics to secure a job at IQVIA, one of the largest employers of statisticians.
What Does IQVIA Pay Its Statisticians?
IQVIA pays statisticians an annual wage of about $110,390 on average as base pay with cash bonuses ranging between $2,322 to $9,599, according to Glassdoor. If you apply for a job at IQVIA when you already have years of experience building your analytical skills and impressive credentials, you could get significantly more money.
On Glassdoor, IQVIA has 3.9 stars from past and present employee reviews. Working at IQVIA comes with several benefits like paid vacation days, 401k matching, health insurance, life insurance, dental insurance, and a host of other benefits. According to reviews, most employees are satisfied with the working conditions but some have issues keeping up with the fast pace of the company.
TechData Service Company
TechData Service Company is a Pennsylvania-based tech firm that provides consulting services to clinical research firms. The company has a high demand for statisticians to help power its technical services.
Statisticians at the company use their skills to provide solutions to the challenges faced by clients. Companies that are trying to save cost on research without hindering productivity reach out to TechData Service Company.
What Does TechData Service Company Pay Its Statisticians?
The statisticians at TechData Service Company get an average of $108,341 annually minus cash bonuses, according to Glassdoor. The salary may vary between $76,642 and $153,209 depending on an individual’s experience and qualifications.
TechData Service Company Reviews
TechData Service Company has a Glassdoor rating of 4.3 stars, which means employees have a largely positive experience. Reviewers say that TechData Service Company is a great place to work if you want to gain experience and knowledge across a wide range of subjects. The company pays well and offers to sponsor H1B visas for employees applying from foreign countries.
Merck & Co
Merck & Co, otherwise just known as Merck, is a multinational pharmaceutical company headquartered in New Jersey. It has several subsidiaries in the pharmaceutical industries under its name and statisticians are employed in all these companies to research innovations in the development of medicine. While all statisticians are welcome to apply, biostatisticians may be given preference.
What Does Merck Pay Its Statisticians?
According to Glassdoor, the average base pay at Merck is $106,607 with additional pay of $5,546 to $8,637. More experienced statisticians may get up to $120,912 and there is upward mobility in the workplace.
With a rating of 4.2 on Glassdoor, Merck reviews say that the company allows workers to maintain a work-life balance because of the flexible hours statisticians enjoy. They get to work with top-tier scientists and learn new things every day. There is a strong company culture said to be inclusive, diverse, and productive.
Johnson & Johnson
Johnson & Johnson is another big name in the healthcare industry that hires statisticians for clinical research. The company, which was founded in 1886, has many consumer products ranging from bandages to the COVID-19 vaccine. The company hires statisticians to improve its business strategy.
What Does Johnson & Johnson Pay Its Statisticians?
According to Glassdoor, the average annual salary for Johnson & Johnson statisticians ranges from $93,727 to $101,602 with cash bonuses up to $10,000.
Johnson & Johnson Reviews
Johnson & Johnson reviews speak of a positive experience, friendly work environment, and several growth opportunities for statisticians. The company has a rating of 4.2 on Glassdoor. Reviewers say the benefits include things like paid time off, medical insurance, and a 401k. However, there have been some reports about office politics hindering growth within the company.
Apple is another top company that pays statisticians well to be part of its research and development (R&D) team that helps ensure business success. This global manufacturer of mobile devices is at the forefront of innovation. This company offers statisticians the opportunity to work at one of the best tech development companies in the world.
What Does Apple Pay Its Statisticians?
Apple pays statisticians about $98,220 annually as a base average salary according to Glassdoor. However, your level in the department, location, years of service at Apple, and total years of experience will influence the salary you get. Your salary could be anything from $67,445 to $201,472 when all the variables are considered.
The employee experience of working at Apple has a rating of 4.2 on Glassdoor. So most employees have a positive experience. Being an Apple employee comes with a lot of benefits like a 401k plan, health insurance, life insurance, and disability insurance to mention a few. You will also get 25 percent off all Apple products and your family and friends will get 10 percent off.
Abbott Laboratories is a healthcare firm that specializes in the development of medical devices for diagnosis and treatment. It creates devices to improve the quality of life of people living with chronic illnesses. If you get a job as a statistician at Abbott Laboratories, you will contribute to changing lives with technology.
What Does Abbott Pay Its Statisticians?
Abbott pays statisticians about $94,014 annually with additional pay of $3,665. Based on the salaries reported on Glassdoor, the wage for statisticians can range from $67,354 to $109,299 yearly.
Employees of Abbott have given the company 3.9 stars of Glassdoor. Working at Abbott Laboratories comes with several benefits like healthcare, a 401k, vacation, and more. About 74 percent of reviewers on Glassdoor noted that they would recommend Abbott to their friends. However, some complained about the attitude of the management team towards subordinates.
US Census Bureau
If your dream is to work for a federal government agency, you can apply for a job at the US Census Bureau. Since July 1902, this agency has been the largest employer of statisticians in temporary job positions. This federal government agency works on analyzing and using a statistical model to derive insights from raw data on behalf of the United States government.
What Does the US Census Bureau Pay Its Statisticians?
According to Glassdoor, Survey statisticians at the US Census Bureau earn about $92,228 yearly on average. In addition to the base salary, statisticians also get cash bonuses that range from $1,400 to $5,111. The base salary itself is in the $50,305 to $144,763 range depending on employee experience.
US Census Bureau Reviews
US Census Bureau reviews on Glassdoor state the salary is great and the job is low stress, so most employees have a positive experience. However, those in temporary positions do not get benefits, though they are paid great hourly wages. It is a diverse working environment with ample representation of people from different ethnicities in the United States.
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Eli Lilly and Company
Eli Lilly and Company is a pharmaceutical company that makes a range of products sold in over 125 countries across the world. The company has been thriving since it was founded in 1876 and statisticians are always part of the team. Eli Lilly and Company hire statisticians to formulate business statistics so that teams can make data-driven decisions about the business model they use.
What Does Eli Lilly and Company Pay Its Statisticians?
Full-time employees who work as statisticians at Eli Lilly and Company get an average of $90,808 yearly, as reported on Glassdoor. However, those with a lot of experience and training working with statistical software may have higher chances of earning more.
Eli Lilly and Company Reviews
On Glassdoor, the company has an overall rating of 4.1 stars. Though some reviewers mention that it is hard to move upward in the company, most employees are satisfied with the great benefits and strong company culture.
Eli Lilly and Company offers cash bonuses, a 401k, paid vacation time, maternity leave, paternity leave, stock bonuses, health insurance, and dental insurance. Other benefits include mental healthcare, supplemental life insurance, and a retirement health plan.
Capital One is a popular financial corporation that was founded in 1994. The bank holding company provides several services like consumer banking, credit card management, and commercial banking. Statisticians are hired to use their problem-solving skills to help the company reach its goals and objectives by promoting data-driven decisions.
What Does Capital One Pay Its Statisticians?
According to Glassdoor, Capital One pays statisticians about $90,757 annually on average. However, the salaries can range from as low as $80,000 to as high as $100,000. Cash bonuses are also available and fall within the $4,150 to $9,715 range.
Capital One Reviews
On Glassdoor, the company has a great rating of 4.2 stars. Capital One reviews say the firm is a great place to work with benefits like paid-off time, health insurance, and a 401k. The pay is good and every worker has an opportunity to grow and advance their careers. Collaboration and teamwork are some of the core tenants of the company so everyone works together well.
Amazon is a globally renowned company with over 1,608,000 employees worldwide. The company hires statisticians and data analysts regularly just like other big tech companies. As a statistician at Amazon, you will work on using your knowledge of statistics to help departments reach their goals and improve business processes. You may work with business analytics or research and development.
What Does Amazon Pay Its Statisticians?
Amazon pays statisticians about $88,989 total on average, according to Glassdoor. The base pay is $65,422 and the additional pay is $14,592. This will vary based on years of experience and level of education.
Compared to similar high-ranking companies, Amazon’s pay is significantly low. The good news is that it comes with job security, advancement opportunities, and a clear sense of purpose. The schedule is noted to be flexible and employees get discounts on Amazon products and services. Reviews on Glassdoor rate working at Amazon 3.8 stars out of 5.
Why You Should Become a Statistician in 2023
You should become a statistician in 2023 because it is a lucrative career that is currently in high demand. According to the Bureau of Labor Statistics, the demand for statisticians in the United States alone is projected to increase by 33 percent between 2020 and 2030. To put this into perspective, the projection of employment growth for all other occupations is just eight percent within the same time.
Apart from the lucrative annual wages for statisticians and the high demand, statisticians also enjoy career flexibility. As a statistician, you can dive into data analytics, risk analysis, business analysis, and a range of other similar fields. You do not need to spend your entire career doing the same thing. Your experience and skillset will allow you to land various jobs that use math.
Best Companies for Statisticians FAQ
Typical employers of statisticians include pharmaceutical companies, insurance companies, healthcare agencies, scientific research firms, supply chain management firms, the food manufacturing industry, and any other industry that requires active research and analysis.
Yes, NASA hires statisticians to analyze data collected and come up with innovative ways to solve real-world problems. You can work as a statistical consultant at NASA and enjoy long-term benefits.
Yes, statistics is a good career that has not shown any signs of losing demand over the years. Despite the advancement in data management and analysis, the demand for statisticians continues to rise as business leaders across industries see the value of statistics.
No, a statistician is not a data analyst or data scientist. While statisticians engage in data modeling and other forms of statistical analysis, they have a different job description from data analysts.
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