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Hiring Statisticians

What to Expect

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Via OOH: Statisticians apply their mathematical and statistical knowledge to the design of surveys and experiments; the collection, processing, and analysis of data; and the interpretation of experiments and survey results. Opinion polls, statements about the accuracy of scales and other measuring devices, and information about average earnings in an occupation are all usually the work of statisticians.

What to Pay

Statistical Analysts
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The statistician with an impressive portfolio of work should earn about $36.57 an hour1.  That’s an hourly savings of $11.08 compared to the statistician who is hired as a full-time employee with benefits2.

1Based on 2010 national estimates for this occupation (via U.S. Bureau of Labor Statistics.)
2Based on a total compensation cost of 30.3% (via EBRI.)

External Resources:

1. Hiring Contractors Without Going Through Hell
2. A Guide on Selection, Hiring and Compensation
3. Hiring Right: A Practical Guide

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