Algorithms Contracts in London

Algorithms
England > London

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 197 221 238
Rank change year-on-year +24 +17 -15
Contract jobs citing Algorithms 214 316 477
As % of all contract jobs advertised in London 1.21% 1.17% 1.23%
As % of the Miscellaneous category 3.66% 3.25% 3.35%
Number of daily rates quoted 153 218 317
10th Percentile £425 £413 £500
25th Percentile £505 £533 £600
Median daily rate (50th Percentile) £650 £700 £725
Median % change year-on-year -7.14% -3.45% +20.83%
75th Percentile £825 £863 £813
90th Percentile £950 £1,000 £950
England median daily rate £588 £600 £698
% change year-on-year -2.08% -13.98% +24.00%
Number of hourly rates quoted 17 6 10
10th Percentile £42.00 £24.38 £18.50
25th Percentile £47.50 £38.44 £33.44
Median hourly rate £55.00 £75.00 £41.25
Median % change year-on-year -26.67% +81.82% +31.58%
75th Percentile £62.50 - £52.66
90th Percentile £68.00 £82.50 £62.05
England median hourly rate £55.00 £26.25 £45.00
% change year-on-year +109.52% -41.67% -

All Generic Skills
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 London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 5,852 9,722 14,221
As % of all contract IT jobs advertised in London 33.04% 35.90% 36.53%
Number of daily rates quoted 4,137 6,983 10,364
10th Percentile £300 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £575 £600 £600
Median % change year-on-year -4.17% - +10.34%
75th Percentile £725 £745 £700
90th Percentile £850 £838 £800
England median daily rate £550 £575 £550
% change year-on-year -4.35% +4.55% +10.00%
Number of hourly rates quoted 161 113 196
10th Percentile £15.50 £18.93 £18.50
25th Percentile £18.93 £21.24 £23.91
Median hourly rate £26.00 £35.00 £44.15
Median % change year-on-year -25.71% -20.72% +35.85%
75th Percentile £46.86 £64.50 £53.16
90th Percentile £67.00 £83.60 £71.55
England median hourly rate £30.00 £22.50 £26.98
% change year-on-year +33.33% -16.60% +1.24%

Algorithms
Job Vacancy Trend in London

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

Job vacancy trend for Algorithms in London

Algorithms
Contractor Daily Rate Trend in London

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

Daily rate trend for Algorithms in London

Algorithms
Daily Rate Histogram in London

Daily rate distribution for jobs citing Algorithms in London over the 6 months to 27 April 2024.

Daily rate histogram for Algorithms in London

Algorithms
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Algorithms in London

Algorithms
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Algorithms in London over the 6 months to 27 April 2024.

Hourly rate histogram for Algorithms in London

Algorithms
Contract Job Locations in 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 London region over the 6 months to 27 April 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
Central London +35 24 £678 +29.05% 12
South London +13 3 £800 +28.00%
West London +15 2 £525 -4.98% 3
East London -4 2 £788 +78.57% 5
Algorithms
England

Algorithms
Co-occurring Skills and Capabilities in 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 11 (5.14%) Apache Spark
2 7 (3.27%) Apache
2 7 (3.27%) SAS
3 4 (1.87%) Apache Airflow
3 4 (1.87%) OpenStack
4 2 (0.93%) Jupyter
4 2 (0.93%) SharePoint
5 1 (0.47%) CMS
5 1 (0.47%) Ethereum
5 1 (0.47%) Hyperledger
Applications
1 8 (3.74%) Simulink
2 7 (3.27%) Stateflow
3 3 (1.40%) MS Visio
4 2 (0.93%) Microsoft Excel
Business Applications
1 2 (0.93%) Distributed Ledger
2 1 (0.47%) Orchestrade
2 1 (0.47%) RMDS
Cloud Services
1 44 (20.56%) AWS
2 20 (9.35%) Azure
3 18 (8.41%) GCP
4 6 (2.80%) Google Kubernetes Engine
5 5 (2.34%) AWS Lambda
5 5 (2.34%) SaaS
5 5 (2.34%) Serverless
6 4 (1.87%) Amazon S3
6 4 (1.87%) PaaS
7 3 (1.40%) Amazon EC2
7 3 (1.40%) Amazon Kinesis
7 3 (1.40%) Lucidchart
7 3 (1.40%) Power Platform
7 3 (1.40%) Snowflake
8 2 (0.93%) AWS CloudFormation
8 2 (0.93%) Azure Machine Learning
8 2 (0.93%) Azure Synapse Analytics
8 2 (0.93%) Power Automate
8 2 (0.93%) PowerApps
8 2 (0.93%) Vertex AI
Communications & Networking
1 5 (2.34%) DNS
1 5 (2.34%) Firewall
2 4 (1.87%) DHCP
2 4 (1.87%) Wi-Fi
3 3 (1.40%) Internet
4 2 (0.93%) SSH
Database & Business Intelligence
1 25 (11.68%) Big Data
2 18 (8.41%) Relational Database
3 16 (7.48%) Hadoop
4 12 (5.61%) MongoDB
4 12 (5.61%) NoSQL
5 10 (4.67%) KDB
5 10 (4.67%) Tableau
6 8 (3.74%) PostgreSQL
7 6 (2.80%) BigQuery
8 5 (2.34%) Apache Hive
8 5 (2.34%) HBase
9 3 (1.40%) Data Lake
9 3 (1.40%) Data Mining
9 3 (1.40%) Power BI
10 2 (0.93%) Data Warehouse
10 2 (0.93%) Electronic Patient Records
10 2 (0.93%) HDInsight
10 2 (0.93%) Kdb+
10 2 (0.93%) Spark SQL
10 2 (0.93%) SQL Server
Development Applications
1 21 (9.81%) Git
2 13 (6.07%) JIRA
3 10 (4.67%) Jenkins
4 6 (2.80%) GitLab
4 6 (2.80%) Maven
4 6 (2.80%) TeamCity
5 5 (2.34%) Subversion
6 4 (1.87%) Cucumber
7 3 (1.40%) JUnit
7 3 (1.40%) webpack
8 2 (0.93%) Babel
8 2 (0.93%) Gradle
8 2 (0.93%) Selenium
9 1 (0.47%) Ant
9 1 (0.47%) Bitbucket
9 1 (0.47%) IntelliJ
9 1 (0.47%) MLflow
General
1 73 (34.11%) Social Skills
2 59 (27.57%) Finance
3 58 (27.10%) Analytical Skills
4 32 (14.95%) Front Office
5 17 (7.94%) Banking
6 9 (4.21%) Investment Banking
7 8 (3.74%) Legal
7 8 (3.74%) Retail
8 6 (2.80%) Automotive
8 6 (2.80%) Presentation Skills
9 4 (1.87%) Marketing
9 4 (1.87%) Telecoms
10 3 (1.40%) Financial Institution
10 3 (1.40%) Organisational Skills
10 3 (1.40%) Public Sector
11 2 (0.93%) Games
11 2 (0.93%) Inclusion and Diversity
11 2 (0.93%) Law
11 2 (0.93%) Police
11 2 (0.93%) Retail Banking
Job Titles
1 85 (39.72%) Developer
2 40 (18.69%) Data Scientist
3 35 (16.36%) Senior
4 19 (8.88%) Quantitative Developer
5 18 (8.41%) Senior Developer
6 15 (7.01%) Python Developer
6 15 (7.01%) Software Engineer
7 13 (6.07%) Data Engineer
7 13 (6.07%) Java Developer
8 12 (5.61%) C# Developer
8 12 (5.61%) C++ Developer
9 11 (5.14%) Analyst
9 11 (5.14%) C# Quant Developer
10 10 (4.67%) Site Reliability Engineer
11 9 (4.21%) Low Latency C++ Developer
11 9 (4.21%) Senior Data Scientist
11 9 (4.21%) Site Engineer
12 8 (3.74%) Lead
12 8 (3.74%) Machine Learning Engineer
12 8 (3.74%) Python Engineer
Libraries, Frameworks & Software Standards
1 23 (10.75%) Pandas
2 21 (9.81%) React
3 16 (7.48%) Kafka
4 15 (7.01%) NumPy
4 15 (7.01%) Spring
5 14 (6.54%) CSS
5 14 (6.54%) HTML
5 14 (6.54%) Node.js
5 14 (6.54%) scikit-learn
5 14 (6.54%) TensorFlow
6 11 (5.14%) RESTful
7 9 (4.21%) Matplotlib
7 9 (4.21%) REST
8 8 (3.74%) .NET
8 8 (3.74%) PyTorch
8 8 (3.74%) RabbitMQ
9 7 (3.27%) Django
9 7 (3.27%) Hibernate
10 6 (2.80%) AngularJS
10 6 (2.80%) Spring Boot
Miscellaneous
1 66 (30.84%) Data Structures
2 27 (12.62%) Derivative
3 22 (10.28%) Distributed Systems
4 19 (8.88%) Fixed Income
5 14 (6.54%) Equity Derivative
5 14 (6.54%) Hedge funds
6 11 (5.14%) Foreign Exchange (FX)
7 8 (3.74%) Enterprise Software
8 7 (3.27%) Analytical Mindset
8 7 (3.27%) Equities
9 6 (2.80%) Greenfield Project
10 5 (2.34%) Client/Server
10 5 (2.34%) Social Media
11 4 (1.87%) Blockchain
11 4 (1.87%) Data Centre
11 4 (1.87%) Mobile App
11 4 (1.87%) Product Ownership
12 3 (1.40%) Cloud Native
12 3 (1.40%) Distributed Applications
12 3 (1.40%) Renewable Energy
Operating Systems
1 23 (10.75%) Linux
2 11 (5.14%) Unix
3 4 (1.87%) Android
4 1 (0.47%) Apple iOS
4 1 (0.47%) Windows
Processes & Methodologies
1 76 (35.51%) Machine Learning
2 75 (35.05%) Computer Science
3 60 (28.04%) Data Science
4 55 (25.70%) Problem-Solving
5 49 (22.90%) Agile
6 48 (22.43%) CI/CD
7 44 (20.56%) Analytics
8 38 (17.76%) Data Modelling
9 37 (17.29%) Artificial Intelligence
9 37 (17.29%) Mathematics
10 33 (15.42%) Software Engineering
11 31 (14.49%) Design Patterns
12 30 (14.02%) Data Analysis
13 29 (13.55%) Software Architecture
14 25 (11.68%) Data Pipeline
15 24 (11.21%) Test Automation
16 22 (10.28%) Statistics
17 21 (9.81%) SDLC
17 21 (9.81%) Visualisation
18 19 (8.88%) DevOps
Programming Languages
1 114 (53.27%) Python
2 65 (30.37%) Java
3 52 (24.30%) SQL
4 41 (19.16%) C++
5 26 (12.15%) C#
6 23 (10.75%) JavaScript
7 14 (6.54%) R
7 14 (6.54%) Shell Script
8 13 (6.07%) Go
8 13 (6.07%) Scala
9 10 (4.67%) TypeScript
10 8 (3.74%) C
10 8 (3.74%) MATLAB
11 6 (2.80%) Perl
12 5 (2.34%) Kotlin
13 3 (1.40%) PHP
14 1 (0.47%) Bash
14 1 (0.47%) Ruby
14 1 (0.47%) Rust
14 1 (0.47%) Solidity
Qualifications
1 58 (27.10%) Degree
2 33 (15.42%) Computer Science Degree
3 23 (10.75%) Master's Degree
4 7 (3.27%) Numerate Degree
5 6 (2.80%) SC Cleared
5 6 (2.80%) Security Cleared
6 5 (2.34%) PhD
7 1 (0.47%) BPSS Clearance
Quality Assurance & Compliance
1 9 (4.21%) QA
2 5 (2.34%) Data Quality
3 4 (1.87%) MiFID
4 2 (0.93%) Accessibility
5 1 (0.47%) ISO/IEC 20000
System Software
1 17 (7.94%) Docker
2 8 (3.74%) Apache ZooKeeper
3 5 (2.34%) HDFS
Systems Management
1 26 (12.15%) Kubernetes
2 8 (3.74%) Consul
2 8 (3.74%) Grafana
2 8 (3.74%) Prometheus
3 5 (2.34%) Hadoop YARN
4 4 (1.87%) Terraform
5 1 (0.47%) Istio
5 1 (0.47%) Single Sign-On
Vendors
1 16 (7.48%) Microsoft
2 8 (3.74%) SaltStack
3 5 (2.34%) Databricks
3 5 (2.34%) ION Trading
4 4 (1.87%) Google
5 3 (1.40%) Genesys
5 3 (1.40%) Oracle
6 2 (0.93%) Ariba
6 2 (0.93%) CA
6 2 (0.93%) SAP
7 1 (0.47%) OpenAI
7 1 (0.47%) ServiceNow