Salary and Roles of Data Scientists at Meta (Formerly Facebook)
Salary and Roles of Data Scientists at Meta (Formerly Facebook)
Meta, formerly known as Facebook, is a leading technology company that heavily relies on data science for its operations. The salary and roles for data scientists at Meta vary significantly based on several factors.
Entry-Level and Mid-Level Data Scientists at Meta
As of 2024, the salary for data scientists can range widely depending on experience and the level within the company. Here are some estimates:
Entry-Level Data Scientist: Typically ranges from $152,000 to $196,000 annually. Mid-Level Data Scientist: Usually falls between $196,000 and $253,000 annually.In addition to base salary, data scientists at Meta often receive bonuses, stock options, and other benefits that can significantly increase total compensation.
Senior-Level Data Scientists: Can earn from $253,000 to $704,000 or more depending on experience and contributions.
Roles Performed by Data Scientists at Meta
Data scientists at Meta have a variety of roles and responsibilities. Some common backgrounds include computer science, economics, math, and statistics, with proficiency in coding languages such as SQL and Python.
Most data scientists at Meta develop expertise in specific product areas, such as performing data analysis on user behaviors for platforms like Instagram, WhatsApp, Oculus, and Messenger. They also work on innovative projects, such as: Quantitative analyses and data visualizations to attract and recruit talent. Building new systems to help advertisers spend more efficiently. Developing risk mitigation strategies with business integrity in mind. Researching and understanding the public health outcomes of the COVID-19 pandemic.Compensation Structure for Data Scientists at Meta
Meta uses a leveling system to determine salaries and promotions, with abbreviations like IC (Individual Contributor), L (Level), E (Engineer), T (Technical), M (Manager), and D (Director).
IC Levels:
IC3: Entry-level, typically starting at around $152,000. IC4 and IC5: Mid-level, progressing to higher salaries.Senior-Level Data Scientists:
Average salary: Around $166,742. Additional compensation in cash and stock bonuses ranging from $13,000 to $96,000.Stock Options and Benefits at Meta
Meta offers comprehensive benefits and stock options to its employees, including but not limited to:
Complete health insurance coverage. 21 days of paid time off, with 30 days off to recharge every five years. Unlimited sick leave and four months of parental leave. Childcare reimbursement, egg freezing, and other fertility services. Gym and wellness reimbursement. Complimentary meals and snacks. Remote work opportunities.For the most accurate and up-to-date information, it is advisable to check job postings or salary review sites like Glassdoor.