The table below looks at the statistics for knowledge and experience of Algorithmics products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algorithmics over the 3 months to 24 December 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Algorithmics, Inc.

Location
3 months to
24 Dec 2014
Same period 2013 Same period 2012
Algorithmics
Rank - 413 386
Contract jobs citing Algorithmics 0 4 2
As % of all contract IT jobs located in London - 0.017% 0.010%
As % of the Vendors category - 0.037% 0.021%
Number of daily rates quoted 0 3 2
Average daily rate
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- £500 £613
Average daily rate % change year-on-year
- -18.36%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Algorithmics
England

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the London region.

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
10136 10906 9687
As % of all contract IT jobs located in London 44.54% 45.83% 46.33%
Number of daily rates quoted 6883 7164 6077
Average daily rate £425 £425 £405
Average daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £225 £250 £245
10% offered a daily rate of more than £580 £600 £600
UK excluding London average daily rate £365 £350 £350
% change year-on-year
+4.28% -
Number of hourly rates quoted 246 234 301
Average hourly rate £17.50 £18.50 £20.00
Average hourly rate % change year-on-year
-5.40% -7.50%
90% offered a hourly rate of more than £12.50 £12.50 £12.00
10% offered a hourly rate of more than £30.00 £31.50 £42.50
UK excluding London average hourly rate £17.50 £17.00 £19.00
% change year-on-year
+2.94% -10.52%

Algorithmics
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Algorithmics across the London region as a proportion of the total demand within the Vendors category.

Algorithmics Jobs Demand Trend in London

Algorithmics
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algorithmics across the London region.

Algorithmics Daily Rate Trend in London

Algorithmics
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Algorithmics across the London region.

Algorithmics Hourly Rate Trend in London

Algorithmics
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Algorithmics within the London region over the 3 months to 24 December 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London - - - -
Algorithmics
England