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Data science internship hiring summary. Here are some key points about hiring data science interns in the United States:
Here's a step-by-step data science internship hiring guide:
A data science intern is a trainee who wants to gain working experience in the field of data science. Data science interns assist data scientists in collecting, analyzing, and interpret data sets to drive optimization and improvement of product development. As part of the company's trainees, data science interns are required to provide help in developing custom data models and algorithms to apply to data sets. Data science interns must also coordinate with different functional teams to implement models and monitor outcomes.
First, determine the employments status of the data science internship you need to hire. Certain data science internship roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them a data science internship to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a data science internship that fits the bill.
Here's a comparison of data science internship salaries for various roles:
Type Of Data Science Internship | Description | Hourly Rate |
---|---|---|
Data Science Internship | Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price. | $11-35 |
Summer Analyst | Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information... Show More | $20-49 |
Business Development Internship | A business development intern is responsible for supporting the organization's goals and objectives in providing the best services to clients and ensuring a smooth flow of operations with maximum productivity and efficiency. Business development interns observe the operational processes of the department and perform duties under the supervision of a direct manager or tenured staff... Show More | $12-20 |
Including a salary range in the data science internship job description is a good way to get more applicants. A data science internship salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a data science internship in Louisiana may be lower than in Delaware, and an entry-level engineer typically earns less than a senior-level data science internship. Additionally, a data science internship with lots of experience in the field may command a higher salary as a result.
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | Delaware | $74,584 | $36 |
2 | California | $72,711 | $35 |
3 | Washington | $69,638 | $33 |
4 | New Jersey | $68,660 | $33 |
5 | New York | $63,827 | $31 |
6 | Massachusetts | $61,678 | $30 |
7 | Oregon | $58,882 | $28 |
8 | Pennsylvania | $58,339 | $28 |
9 | District of Columbia | $54,268 | $26 |
10 | Virginia | $53,762 | $26 |
11 | Alaska | $49,770 | $24 |
12 | Arizona | $49,626 | $24 |
13 | North Carolina | $42,132 | $20 |
14 | Minnesota | $42,122 | $20 |
15 | Utah | $41,362 | $20 |
16 | Texas | $40,663 | $20 |
17 | Illinois | $40,234 | $19 |
18 | Colorado | $40,080 | $19 |
19 | Indiana | $37,652 | $18 |
20 | Georgia | $33,611 | $16 |
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | Meta | $125,561 | $60.37 | 548 |
2 | $119,874 | $57.63 | 133 | |
3 | General Motors | $109,040 | $52.42 | 10 |
4 | Bristol-Myers Squibb | $108,439 | $52.13 | 36 |
5 | Dolby Laboratories | $106,153 | $51.04 | 4 |
6 | HP | $104,625 | $50.30 | 51 |
7 | Cradlepoint | $104,604 | $50.29 | |
8 | ZS | $103,220 | $49.63 | 8 |
9 | T. Rowe Price | $102,582 | $49.32 | 18 |
10 | RSM US | $100,409 | $48.27 | 4 |
11 | Chubb | $99,609 | $47.89 | 21 |
12 | Qorvo | $98,848 | $47.52 | 16 |
13 | Intel | $98,462 | $47.34 | 31 |
14 | Neustar | $91,490 | $43.99 | |
15 | Takeda Pharmaceuticals U.S.A., Inc. | $88,098 | $42.35 | 346 |
16 | Capgemini | $87,704 | $42.17 | 111 |
17 | Acxiom | $83,135 | $39.97 | 85 |
18 | Los Alamos National Laboratory | $81,220 | $39.05 | 29 |
19 | Discover | $74,371 | $35.76 | 41 |
20 | State Farm | $73,520 | $35.35 | 6 |
A data science internship job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a data science internship job description:
To find the right data science internship for your business, consider trying out a few different recruiting strategies:
Your first interview with data science internship candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the data science internship candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new data science internship. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Hiring a data science internship comes with both the one-time cost per hire and ongoing costs. The cost of recruiting data science interns involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of data science internship recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $42,841 per year for a data science internship, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for data science interns in the US typically range between $11 and $35 an hour.