Data Scientist Salary at Formotiv Llc BETA

How much does a Formotiv Llc Data Scientist make?

As of April 2025, the average annual salary for a Data Scientist at Formotiv Llc is $109,781, which translates to approximately $53 per hour. Salaries for Data Scientist at Formotiv Llc typically range from $100,492 to $118,830, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Formotiv LLC Overview

Website:
formotiv.com
Size:
25 - 50 Employees
Revenue:
$5M - $10M
Industry:
Software & Networking

ForMotiv is a company that created a digital behavioral intelligence platform that helps companies understand their users. Using their platform, FM collects digital cues while they engage with an applications, models digest the cues to predict and reduce fraud.

See similar companies related to Formotiv Llc

What Skills Does a person Need at Formotiv Llc?

At Formotiv Llc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Data Science: Data science is a multi-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data science is the same concept as data mining and big data: "use the most powerful hardware, the most powerful programming systems, and the most efficient algorithms to solve problems". Data science is a "concept to unify statistics, data analysis, machine learning and their related methods" in order to "understand and analyze actual phenomena" with data. It employs techniques and theories drawn from many fields within the context of mathematics, statistics, computer science, and information science. Turing award winner Jim Gray imagined data science as a "fourth paradigm" of science (empirical, theoretical, computational and now data-driven) and asserted that "everything about science is changing because of the impact of information technology" and the data deluge. In 2015, the American Statistical Association identified database management, statistics and machine learning, and distributed and parallel systems as the three emerging foundational professional communities.
  3. Machine Learning: Using mathematical models, data, and algorithms to help a computer learn without direct instruction.
  4. Python: Applying the concepts and algorithms of Python to design, develop and maintain software applications to comply with business requirements.
  5. Insight: Insight is the understanding cause and effect based on the identification of relationships and behaviors within a model, context, or scenario.

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Check more jobs information at Formotiv Llc

Job Title Average Formotiv Llc Salary Hourly Rate
2 Director, Sales $184,859 $89
3 ML Engineer $112,048 $54
4 Account Executive $70,752 $34
5 Business Development $77,189 $37
6 Senior Data Scientist $109,781 $53
7 Senior Software Engineer $114,070 $55
8 Software Engineer $114,070 $55
9 Head of Growth $161,080 $77

Hourly Pay at Formotiv Llc

The average hourly pay at Formotiv Llc for a Data Scientist is $53 per hour. The location, department, and job description all have an impact on the typical compensation for Formotiv Llc positions. The pay range and total remuneration for the job title are shown in the table below. Formotiv Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $109,781 look to you?

FAQ about Salary and Jobs at Formotiv Llc

1. How much does Formotiv Llc pay per hour?
The average hourly pay is $53. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Formotiv Llc?
According to the data, the highest approximate salary is about $118,830 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Formotiv Llc?
According to the data, the lowest estimated salary is about $100,492 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.