Algorithms Contracts in Essex

Algorithms
East of England > Essex

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in Essex. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 8 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 26 34 -
Rank change year-on-year +8 - -
Contract jobs citing Algorithms 4 3 0
As % of all contract jobs advertised in Essex 1.88% 1.29% -
As % of the Miscellaneous category 6.78% 2.70% -
Number of daily rates quoted 0 0 0
Median daily rate (50th Percentile) - - -
East of England median daily rate £375 £488 £413
% change year-on-year -23.08% +18.04% -20.58%
Number of hourly rates quoted 4 0 0
10th Percentile - - -
25th Percentile £52.50 - -
Median hourly rate £55.00 - -
75th Percentile £57.50 - -
90th Percentile - - -
East of England median hourly rate £55.00 £22.00 £47.50
% change year-on-year +150.00% -53.68% -

All Generic Skills
Essex

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 Essex with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 59 111 150
As % of all contract IT jobs advertised in Essex 27.70% 47.64% 37.50%
Number of daily rates quoted 22 63 99
10th Percentile £107 £157 £149
25th Percentile £338 £242 £216
Median daily rate (50th Percentile) £475 £380 £450
Median % change year-on-year +25.00% -15.56% +104.55%
75th Percentile £588 £533 £551
90th Percentile £673 £614 £601
East of England median daily rate £475 £475 £475
% change year-on-year - - +18.75%
Number of hourly rates quoted 21 5 24
10th Percentile £12.86 £19.70 £15.50
25th Percentile £14.17 £20.00 £20.75
Median hourly rate £35.65 £36.25 £27.70
Median % change year-on-year -1.66% +30.89% +19.32%
75th Percentile £57.50 £44.53 £37.53
90th Percentile £64.25 £82.65 £66.88
East of England median hourly rate £57.50 £60.00 £28.41
% change year-on-year -4.17% +111.19% -17.75%

Algorithms
Job Vacancy Trend in Essex

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

Job vacancy trend for Algorithms in Essex

Algorithms
Contractor Daily Rate Trend in Essex

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

Daily rate trend for Algorithms in Essex

Algorithms
Contractor Hourly Rate Trend in Essex

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

Hourly rate trend for Algorithms in Essex

Algorithms
Contract Job Locations in Essex

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Essex region over the 6 months to 8 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
Basildon - 4 - -
Algorithms
East of England

Algorithms
Co-occurring Skills and Capabilities in Essex 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:

Job Titles
1 4 (100.00%) Principal Engineer
1 4 (100.00%) Principal Systems Engineer
1 4 (100.00%) Systems Engineer
Miscellaneous
1 4 (100.00%) Clustering
Processes & Methodologies
1 4 (100.00%) Image Processing
1 4 (100.00%) Model Validation
1 4 (100.00%) Signal Processing
1 4 (100.00%) Systems Engineering
Programming Languages
1 4 (100.00%) MATLAB
Qualifications
1 4 (100.00%) Degree