Algorithms Contracts in East London

Algorithms
London > East London

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in East London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 32 31 32
Rank change year-on-year -1 +1 -
Contract jobs citing Algorithms 3 1 3
As % of all contract jobs advertised in East London 1.35% 0.56% 1.18%
As % of the Miscellaneous category 3.13% 1.56% 4.11%
Number of daily rates quoted 3 1 2
10th Percentile £745 - £508
25th Percentile £775 - £538
Median daily rate (50th Percentile) £850 £500 £633
Median % change year-on-year +70.00% -20.95% -
75th Percentile £875 - £683
90th Percentile - - £687
London median daily rate £650 £700 £725
% change year-on-year -7.14% -3.45% +20.83%

All Generic Skills
East London

Algorithms is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in East London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 96 64 73
As % of all contract IT jobs advertised in East London 43.24% 36.16% 28.74%
Number of daily rates quoted 84 45 57
10th Percentile £364 £191 £209
25th Percentile £460 £400 £248
Median daily rate (50th Percentile) £540 £534 £464
Median % change year-on-year +1.12% +15.21% +15.16%
75th Percentile £650 £750 £608
90th Percentile £725 - £738
London median daily rate £586 £600 £600
% change year-on-year -2.29% - +9.09%
Number of hourly rates quoted 5 11 2
10th Percentile - - £27.03
25th Percentile - £21.24 £34.52
Median hourly rate £11.95 £22.49 £47.14
Median % change year-on-year -46.85% -52.30% +76.89%
75th Percentile - £23.73 £59.63
90th Percentile £19.03 - £67.05
London median hourly rate £26.00 £35.00 £43.80
% change year-on-year -25.71% -20.09% +32.73%

Algorithms
Job Vacancy Trend in East London

Job postings citing Algorithms as a proportion of all IT jobs advertised in East London.

Job vacancy trend for Algorithms in East London

Algorithms
Contractor Daily Rate Trend in East London

3-month moving average daily rate quoted in jobs citing Algorithms in East London.

Daily rate trend for Algorithms in East London

Algorithms
Daily Rate Histogram in East London

Daily rate distribution for jobs citing Algorithms in East London over the 6 months to 9 May 2024.

Daily rate histogram for Algorithms in East London

Algorithms
Contractor Hourly Rate Trend in East London

3-month moving average hourly rates quoted in jobs citing Algorithms in East London.

Hourly rate trend for Algorithms in East London

Algorithms
Contract Job Locations in East London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the East London region over the 6 months to 9 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Docklands, London - 2 £850 -
Tower Hamlets -7 1 £725 +45.00%
Algorithms
London

Algorithms
Co-occurring Skills and Capabilities in East London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (66.67%) SAS
Database & Business Intelligence
1 2 (66.67%) KDB
1 2 (66.67%) Relational Database
Development Applications
1 2 (66.67%) Bitbucket
1 2 (66.67%) Gradle
1 2 (66.67%) IntelliJ
1 2 (66.67%) JIRA
1 2 (66.67%) TeamCity
General
1 2 (66.67%) Finance
1 2 (66.67%) Front Office
Job Titles
1 2 (66.67%) Developer
1 2 (66.67%) Electronic Trading Developer
1 2 (66.67%) Electronic Trading Java Developer
1 2 (66.67%) Java Developer
2 1 (33.33%) Java Engineer
2 1 (33.33%) Java Software Engineer
2 1 (33.33%) Low Latency Java Developer
2 1 (33.33%) Software Engineer
Libraries, Frameworks & Software Standards
1 2 (66.67%) JSON
1 2 (66.67%) REST
1 2 (66.67%) XML
2 1 (33.33%) ActiveMQ
2 1 (33.33%) Middleware
2 1 (33.33%) Spring
Miscellaneous
1 2 (66.67%) Data Structures
1 2 (66.67%) Derivative
1 2 (66.67%) Enterprise Software
1 2 (66.67%) Fixed Income
1 2 (66.67%) Virtual Team
Operating Systems
1 1 (33.33%) Linux
Processes & Methodologies
1 3 (100.00%) Agile
1 3 (100.00%) Computer Science
2 2 (66.67%) Algorithmic Trading
2 2 (66.67%) CI/CD
2 2 (66.67%) Continuous Delivery
2 2 (66.67%) Continuous Integration
2 2 (66.67%) Critical Thinking
2 2 (66.67%) Design Patterns
2 2 (66.67%) Electronic Trading
2 2 (66.67%) Multithreading
2 2 (66.67%) OO
2 2 (66.67%) TDD
2 2 (66.67%) Test Automation
2 2 (66.67%) User Acceptance Testing
3 1 (33.33%) Low Latency
3 1 (33.33%) Microservices
3 1 (33.33%) SDLC
3 1 (33.33%) Software Engineering
Programming Languages
1 3 (100.00%) Java
Qualifications
1 3 (100.00%) Degree
2 1 (33.33%) Master's Degree
Vendors
1 2 (66.67%) ION Trading