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 contractor rates offered in IT contracts that have cited Algorithmics over the 3 months to 27 February 2017 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.

3 months to
27 Feb 2017
Same period 2016 Same period 2015
Algorithmics
England / London
Rank 402 416 418
Rank change year-on-year
+14 +2
Contract jobs citing Algorithmics 4 9 2
As % of all contract IT jobs located in London 0.021% 0.043% 0.009%
As % of the Vendors category 0.048% 0.10% 0.021%
Number of daily rates quoted 4 7 1
Median daily rate £888 £675 £525
Median daily rate % change year-on-year
+31.48% +28.57%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
8327 8654 9546
As % of all contract IT jobs located in London 42.83% 40.91% 44.85%
Number of daily rates quoted 5604 5686 6244
Median daily rate £450 £450 £425
Median daily rate % change year-on-year
- +5.88%
90% offered a daily rate of more than £300 £260 £250
10% offered a daily rate of more than £620 £600 £575
UK excluding London median daily rate £396 £380 £375
% change year-on-year
+4.27% +1.26%
Number of hourly rates quoted 110 148 181
Median hourly rate £23.00 £20.00 £19.50
Median hourly rate % change year-on-year
+15.00% +2.56%
90% offered a hourly rate of more than £13.20 £11.00 £12.50
10% offered a hourly rate of more than £50.00 £50.00 £42.50
UK excluding London median hourly rate £17.15 £21.00 £17.50
% change year-on-year
-18.33% +20.00%

Algorithmics
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Algorithmics as a proportion of all IT contracts with a match in 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
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Algorithmics across the London region over the 3 months to 27 February 2017.

Algorithmics Daily Rate Histogram in London

Algorithmics
Top 29 Related IT Skills in London

For the 6 months to 27 February 2017, IT contractor jobs citing Algorithmics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Algorithmics.

1 7 (100.00%) Subversion
1 7 (100.00%) Market Risk
2 5 (71.43%) Monte Carlo Method
2 5 (71.43%) Mathematics
2 5 (71.43%) Mathematical Modelling
2 5 (71.43%) MS Office
2 5 (71.43%) C#
2 5 (71.43%) Java
2 5 (71.43%) OOP
2 5 (71.43%) OO
3 2 (28.57%) Retail
3 2 (28.57%) Quality Management
3 2 (28.57%) Management Information System
3 2 (28.57%) Risk Management
3 2 (28.57%) Finance
3 2 (28.57%) Validation
3 2 (28.57%) Perforce
3 2 (28.57%) Flash
3 2 (28.57%) Python
3 2 (28.57%) Shell Script
3 2 (28.57%) VBA
3 2 (28.57%) C++
3 2 (28.57%) Risk Analytics
3 2 (28.57%) Analytics
3 2 (28.57%) Algorithms
3 2 (28.57%) Unix
3 2 (28.57%) Degree
3 2 (28.57%) JIRA
3 2 (28.57%) Solvency II

Algorithmics
Top Related IT Skills in London by Category

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

Applications
1 5 (71.43%) MS Office
Development Applications
1 7 (100.00%) Subversion
2 2 (28.57%) JIRA
General
1 2 (28.57%) Finance
1 2 (28.57%) Retail
Job Titles
1 5 (71.43%) C# Developer
1 5 (71.43%) C# Pricing Developer
1 5 (71.43%) C# Quant Developer
1 5 (71.43%) Developer
1 5 (71.43%) Java Developer
1 5 (71.43%) Java Pricing Developer
1 5 (71.43%) Java Quantitative Developer
1 5 (71.43%) Market Risk Developer
1 5 (71.43%) Market Risk Java Developer
1 5 (71.43%) Quantitative Developer
2 2 (28.57%) Unix Engineer
Libraries, Frameworks & Software Standards
1 2 (28.57%) Flash
Miscellaneous
1 7 (100.00%) Market Risk
2 2 (28.57%) Algorithms
2 2 (28.57%) Management Information System
Operating Systems
1 2 (28.57%) Unix
Processes & Methodologies
1 5 (71.43%) Mathematical Modelling
1 5 (71.43%) Mathematics
1 5 (71.43%) Monte Carlo Method
1 5 (71.43%) OO
1 5 (71.43%) OOP
2 2 (28.57%) Analytics
2 2 (28.57%) Quality Management
2 2 (28.57%) Risk Analytics
2 2 (28.57%) Risk Management
2 2 (28.57%) Validation
Programming Languages
1 5 (71.43%) C#
1 5 (71.43%) Java
2 2 (28.57%) C++
2 2 (28.57%) Python
2 2 (28.57%) Shell Script
2 2 (28.57%) VBA
Qualifications
1 2 (28.57%) Degree
Quality Assurance & Compliance
1 2 (28.57%) Solvency II
Vendors
1 2 (28.57%) Perforce