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A data scientist is someone who can extract meaning from raw data. Data scientists analyze large and complex data to make sense of it and derive insights that will drive decisions.
Data scientists can write machine learning algorithms, build predictive models and help with statistical analyses. You may need to hire a data scientist for help with interpreting data. But what do you look for and how can you choose the best candidate for the job? Here are some tips for hiring top data scientists on Kolabtree.
Data scientists are among the highest-paid professionals in industries globally, making them unaffordable for small to medium sized businesses. While large organizations may have in-house teams of data scientists, smaller organizations need the help of a data science consultant who can provide services on demand.
You may also have a one-time need for a data scientist for specific projects, such as getting someone to optimize an algorithm or verify your research results. Hiring a freelance data scientist gives small businesses the flexibility and freedom to consult analytics experts, on demand.
Data science can be a lucrative field to be in. According to Glassdoor, in the US, the average salary of a data scientist is $117,345. In the UK, the salary of an experienced data scientists can be upwards of £60,000, sometimes even exceeding £100,000. On Kolabtree, freelance data scientists typically charge in the range of $35 to $200 per hour, and the typical rate of a fixed fee project is $2000. The cost varies per project — for example, analyzing a dataset might be less expensive than developing a predictive model for a business. Hiring a data scientist freelancer over a hiring someone full-time can help you save time, effort and costs of up to 50%.
While hiring a data scientist on Kolabtree, it is essential to develop a job description that clearly defines the following:
Make sure that the data scientist has sound education and work experience. Many data scientists have Masters degrees, if not PhDs. A data scientist may have studied computer science, mathematics or statistics. They could also be specialized in other scientific fields that involve data analysis, such as astronomy, physics or biotechnology. Data scientists also include machine learning consultants and artificial intelligence experts, who can help build recommendation engines, work with natural language processing, or build AI-powered devices. You may also need to list out the tools and software that you want the data scientist to experienced with such as Python, R, SQL, Keras, TensorFlow, and more. Kolabtree allows you to choose freelance data scientists specialized in specific subjects. You can hire experts in:
Stata, SPSS, SAS, medical statistics, epidemiology, biostatistics, educational statistics, data analysis, data analysis, probability & statistics, health data analysis, clinical trials, data visualization, research methodology
Ready to hire a data scientist? Post your project on Kolabtree and get quotes from freelance data scientists for free.