Role overview
Machine Learning Specialists focus on developing and implementing machine learning models to solve complex problems and improve business outcomes. They are responsible for data preprocessing, feature selection, and model training. They leverage algorithms and statistical techniques to create predictive models and analyze large datasets. To succeed in this role, specialists need strong coding skills, typically in Python or R, as well as a solid understanding of machine learning frameworks and libraries. Furthermore, they must effectively communicate their findings and collaborate with data scientists, software engineers, and business stakeholders to ensure that machine learning solutions align with organizational goals and enhance decision-making processes.
Annual Salary β 2025
Average Salary $68,725
Junior Level
$41,235 - $54,980
Experience: 0-2 years
Middle Level
$54,980 - $82,470
Experience: 3-5 years
Senior Level
$82,470 - $123,705
Experience: 6+ years
Estimated Take-Home Pay
Expected monthly income after standard tax deductions (approx. 0%)
$5,727
Hourly Rate
$28.08 - $38.00 per hour
Based on 40-hour work week, rates may vary by region and company
Healthcare
Comprehensive medical, dental and vision insurance coverage for you and your family
Approx. $4,811 per year
Annual Bonus Range
Typical performance-based annual bonus range
$6,873 - $10,309
Equity Bonus
Company equity compensation based on local market standards and company policy
Up to $6,873
Total Housing Budget
Recommended monthly spending on rent/mortgage and utilities
Up to $1,100
Retirement Savings Target
Recommended monthly retirement account contribution
$900
Recommended Emergency Fund
Financial safety net for unexpected expenses and life events
$17,181 - 34,363
Monthly Savings Targets
Recommended amount to set aside each month for your financial security and future goals
Approx. $1,700
About Salary Data
Our salary data is compiled from trusted sources including:
Additional market insights from:
Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions.
Currency rates updated: Mar 2, 2025, 00:02 UTC
