Without having anyone working (reporting to) them, according to the Wall Street Journal.
- Highly paid data scientists having nobody reporting to them? Indeed they have robots (computer programs working in batch mode day and night - harvesting, summarizing, reporting and analyzing data) working for them, to help them do their jobs 10 times faster. These robots do the job of a dozen data analysts (human beings).
- Some data scientists make fare more than $300K/year, but they usually are not on a payroll, and typically don't have a boss.
- Data scientists on Wall Street (who design high frequency trading algorithms, they are called Quants) easily make $500,000 a year, but the good money vanishes as soon as the algorithms stop working.
Anyway, here's the WSJ story:
Tom Davenport, who is teaching an executive program in Big Data and analytics at Harvard University, said some data scientists are earning annual salaries as high as $300,000, which is “pretty good for somebody that doesn't have anyone else working for them.” Davenport also said such workers are motivated by the problems and opportunities data provides.
Read full story at http://blogs.wsj.com/cio/2012/11/28/how-cios-draw-big-data-talent/