The Ultimate Guide to Machine Learning Engineer Salary in 2021
As more and more businesses incorporate machine learning into their operations, the demand for skilled machine learning engineers is on the rise. In this article, we’ll explore everything you need to know about machine learning engineer salaries in 2021.
What is a Machine Learning Engineer?
A Machine Learning Engineer is responsible for designing, building, and maintaining the software systems that power machine learning algorithms. They work closely with other data scientists and engineers to ensure that the algorithms work efficiently and accurately.
What are the Primary Roles and Responsibilities of a Machine Learning Engineer?
A machine learning engineer typically performs the following roles and responsibilities:
- Designing and implementing machine learning models
- Building the necessary infrastructure and tools for data scientists and machine learning models
- Developing and implementing processes for the maintenance and updating of machine learning models
- Collaborating with data scientists and engineers to ensure the models are integrated effectively
What is the Average Machine Learning Engineer Salary?
According to Glassdoor, the average base salary for a machine learning engineer is $114,121 per year in the United States. However, salaries can vary based on factors such as experience level, location, and industry.
Factors that Impact Machine Learning Engineer Salaries
While the average salary provides a starting point, several factors influence machine learning engineer salaries. These factors include:
Location
Location plays a significant role in determining machine learning engineer salaries. In cities like San Francisco and New York, the average salary for a machine learning engineer can be above $120,000 per year.
Industry
Machine learning engineers in the finance and healthcare industries often earn higher salaries due to the unique challenges associated with those sectors.
Experience Level
Salaries for machine learning engineers increase with experience. Entry-level positions pay around $80,000 per year, while experienced engineers can earn upwards of $160,000 per year.
Popular Machine Learning Engineer Roles and Salaries
Here are a few popular machine learning engineer roles and their corresponding salaries:
Data Scientist
Data scientists typically earn between $90,000 and $160,000 per year.
Research Engineer
Research engineers typically earn between $100,000 and $200,000 per year.
Senior Machine Learning Engineer
Senior machine learning engineers typically earn upwards of $150,000 per year.
In Conclusion
As businesses continue to invest in machine learning, the demand for skilled engineers will continue to rise. Salaries for machine learning engineers vary based on experience, industry, and location. For those with the necessary skills, machine learning engineering can be a lucrative and rewarding career choice.
