Statistical Modelling Contracts in London

Statistical Modelling
England > London

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Statistical Modelling over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 378 455 534
Rank change year-on-year +77 +79 -113
Contract jobs citing Statistical Modelling 22 33 70
As % of all contract jobs advertised in London 0.12% 0.13% 0.18%
As % of the Processes & Methodologies category 0.14% 0.14% 0.20%
Number of daily rates quoted 17 22 42
10th Percentile £278 £455 £439
25th Percentile £443 £525 £519
Median daily rate (50th Percentile) £575 £600 £600
Median % change year-on-year -4.17% - +9.09%
75th Percentile £638 £1,069 £638
90th Percentile £831 £1,236 £733
England median daily rate £525 £600 £550
% change year-on-year -12.50% +9.09% -
Number of hourly rates quoted 1 0 1
10th Percentile - - -
25th Percentile - - £43.25
Median hourly rate £26.24 - £44.50
75th Percentile - - £45.75
90th Percentile - - -
England median hourly rate £23.82 £19.50 £19.52
% change year-on-year +22.17% -0.10% -

All Process and Methodology Skills
London

Statistical Modelling is in the Processes and Methodologies 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 process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,685 23,887 35,385
As % of all contract IT jobs advertised in London 88.71% 90.96% 92.32%
Number of daily rates quoted 11,243 17,198 25,835
10th Percentile £340 £375 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £681 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 315 269 419
10th Percentile £15.97 £18.40 £17.25
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.00 £39.00 £37.00
Median % change year-on-year -28.21% +5.41% +12.63%
75th Percentile £48.75 £64.25 £51.00
90th Percentile £66.30 £80.45 £68.88
England median hourly rate £36.50 £37.30 £24.50
% change year-on-year -2.14% +52.24% +4.26%

Statistical Modelling
Job Vacancy Trend in London

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

Job vacancy trend for Statistical Modelling in London

Statistical Modelling
Contractor Daily Rate Trend in London

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

Daily rate trend for Statistical Modelling in London

Statistical Modelling
Daily Rate Histogram in London

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

Daily rate histogram for Statistical Modelling in London

Statistical Modelling
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Statistical Modelling in London

Statistical Modelling
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 Statistical Modelling within the 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
Central London +46 5 £722 +80.50% 5
Statistical Modelling
England

Statistical Modelling
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 2 (9.09%) Apache Spark
1 2 (9.09%) Jupyter
2 1 (4.55%) SAS
Applications
1 4 (18.18%) Microsoft Excel
2 3 (13.64%) SPSS
3 1 (4.55%) Microsoft PowerPoint
Cloud Services
1 4 (18.18%) Power Platform
2 3 (13.64%) Azure
2 3 (13.64%) Microsoft 365
3 1 (4.55%) AWS
3 1 (4.55%) ChatGPT
3 1 (4.55%) GCP
3 1 (4.55%) WhatsApp
Database & Business Intelligence
1 4 (18.18%) Power BI
2 3 (13.64%) BusinessObjects XI
2 3 (13.64%) Data Mining
2 3 (13.64%) Power Query
2 3 (13.64%) PowerPivot
3 2 (9.09%) Big Data
3 2 (9.09%) KDB
3 2 (9.09%) MongoDB
4 1 (4.55%) BigQuery
4 1 (4.55%) Hadoop
4 1 (4.55%) NoSQL
4 1 (4.55%) PostgreSQL
4 1 (4.55%) Qlik Sense
Development Applications
1 4 (18.18%) Git
2 1 (4.55%) RStudio
General
1 7 (31.82%) Analytical Skills
2 4 (18.18%) Local Government
3 3 (13.64%) Finance
4 2 (9.09%) Marketing
4 2 (9.09%) Social Skills
5 1 (4.55%) Presentation Skills
5 1 (4.55%) Public Sector
Job Titles
1 10 (45.45%) Data Scientist
2 4 (18.18%) Senior
3 3 (13.64%) Lead
3 3 (13.64%) Senior Data Scientist
4 1 (4.55%) Artificial Intelligence Consultant
4 1 (4.55%) Artificial Intelligence Developer
4 1 (4.55%) Automation Tester
4 1 (4.55%) Consultant
4 1 (4.55%) Data Modeller
4 1 (4.55%) Data Science Tester
4 1 (4.55%) Developer
4 1 (4.55%) Econometrician
4 1 (4.55%) Junior
4 1 (4.55%) Junior Data Scientist
4 1 (4.55%) Marketing Specialist
4 1 (4.55%) Senior Data Warehouse Specialist
4 1 (4.55%) Tester
Libraries, Frameworks & Software Standards
1 3 (13.64%) Pandas
2 2 (9.09%) PySpark
3 1 (4.55%) Flask
3 1 (4.55%) Matplotlib
3 1 (4.55%) NumPy
3 1 (4.55%) Plotly
3 1 (4.55%) scikit-learn
Miscellaneous
1 9 (40.91%) Algorithms
2 3 (13.64%) Linked Data
3 2 (9.09%) Fixed Income
3 2 (9.09%) Multi-touch
4 1 (4.55%) Cloud Native
4 1 (4.55%) Credit Risk
Processes & Methodologies
1 15 (68.18%) Data Science
2 12 (54.55%) Machine Learning
3 9 (40.91%) Mathematics
4 7 (31.82%) Data Pipeline
5 6 (27.27%) Bayesian Methods
5 6 (27.27%) Business Intelligence
5 6 (27.27%) Visualisation
6 5 (22.73%) Data Analysis
6 5 (22.73%) Data Visualisation
6 5 (22.73%) Decision-Making
7 4 (18.18%) Analytics
7 4 (18.18%) Econometrics
7 4 (18.18%) Validation
8 3 (13.64%) Artificial Intelligence
8 3 (13.64%) Continuous Improvement
8 3 (13.64%) Data Extraction
8 3 (13.64%) Data Modelling
8 3 (13.64%) Performance Improvement
8 3 (13.64%) Problem-Solving
8 3 (13.64%) User Experience
Programming Languages
1 18 (81.82%) Python
2 12 (54.55%) SQL
3 6 (27.27%) R
4 3 (13.64%) Java
5 2 (9.09%) C#
6 1 (4.55%) C++
Qualifications
1 4 (18.18%) Degree
2 1 (4.55%) Computer Science Degree
2 1 (4.55%) Master's Degree
2 1 (4.55%) Numerate Degree
Quality Assurance & Compliance
1 4 (18.18%) Data Quality
2 2 (9.09%) QA
Vendors
1 1 (4.55%) Cognos
1 1 (4.55%) Google