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Re:Desperate for Data Scientists by dostres on Wednesday September 05, 2018 @09:58AM (#17917990)
I’d have a hard time finding a job in ML for $300K but I’d have an easy time finding a job in PHP contracting for $350K. This is despite having 10 years experience as a ML practitioner.

I quit my last job after bringing in over $100M in profit and only getting a $30K bonus.

Now it would take ~$500K and an ‘eat what you kill model’ for me to consider going back to work.

These days I make my money from licensing ML products which gives me a lot of time to study - which is what I enjoy doing.

Re:Desperate for Data Scientists by gcb0 on Wednesday September 05, 2018 @10:08AM (#17918076)
where do you find php contracting for that which lasts long enough to make 350 a year?
Re:Desperate for Data Scientists by dostres on Wednesday September 05, 2018 @10:19AM (#17918173)
Initially one of those elite consulting marketplace things. And then my own pool of referrals. I hate PHP so I set my rate higher on those projects and people still pay it.
Re:Desperate for Data Scientists by j88439h84 on Wednesday September 05, 2018 @12:48PM (#17919683)
What is an elite consulting marketplace? Where do I find one?
Re:Desperate for Data Scientists by tw1010 on Wednesday September 05, 2018 @10:20AM (#17918185)
Care to share a link to your licensed ML product, for those of us who're curious? Got any tips for people who are playing with the idea of doing something similar?
Re:Desperate for Data Scientists by dostres on Wednesday September 05, 2018 @10:59AM (#17918570)
It’s face recognition software, I don’t have a website, and for obvious reasons I’m pretty quiet about it.

The field has changed so much that I don’t know if I could still give advice.

Re:Desperate for Data Scientists by achompas on Wednesday September 05, 2018 @01:00PM (#17919843)
> I’d have a hard time finding a job in ML for $300K

If you have 10 years of experience practicing ML, AmaGoogFaceSoft would be falling over themselves to pay you $300k+ in total compensation.

Whether you'd want to move to SF/NY/Seattle and work for them, though, is another question!

Re:Desperate for Data Scientists by dostres on Wednesday September 05, 2018 @03:03PM (#17920945)
I used to work for them. I still found that I have a $300K ceiling.
Re:Desperate for Data Scientists by sushid on Wednesday September 05, 2018 @07:27PM (#17922717)
That's literally impossible. What level did you get hired at? I'm assuming at least 5 given your background/exp? That's more than 300k EZ unless you're talking about salary only.
Re:Desperate for Data Scientists by dostres on Wednesday September 05, 2018 @09:16PM (#17923231)
Google lvl 5 total comp is ~$320K. So it is pretty close and still less than PHP consulting.
Re:Desperate for Data Scientists by achompas on Thursday September 06, 2018 @03:02PM (#17928678)
Aren't there ranges within the levels? I know of people receiving offers of more than $320k at T5 and equivalents beyond Google.
Re:Desperate for Data Scientists by drharby on Wednesday September 05, 2018 @04:14PM (#17921521)
Sounds like the banks or hedgefunds may be calling your name, then.