The table below looks at the statistics for Operations Research skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Operations Research over the 3 months to 5 December 2016 with a comparison to the same period over 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.

3 months to
5 Dec 2016
Same period 2015 Same period 2014
Operations Research (or Operational Research)
Rank 622 607 629
Rank change year-on-year
-15 +22
Contract jobs citing Operations Research 5 30 20
As % of all contract IT jobs located in the UK 0.010% 0.055% 0.035%
As % of the Processes & Methodologies category 0.012% 0.068% 0.045%
Number of daily rates quoted 3 25 12
Median daily rate £400 £450 £380
Median daily rate % change year-on-year
-11.11% +18.42%
90% offered a daily rate of more than £340 £330 £330
10% offered a daily rate of more than £454 £855 £625
UK excluding London median daily rate - £528 £358
% change year-on-year
- +47.55%
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 Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
41422 44386 44123
As % of all contract IT jobs located in the UK 82.54% 81.14% 76.98%
Number of daily rates quoted 27610 28756 28711
Median daily rate £450 £425 £420
Median daily rate % change year-on-year
+5.88% +1.19%
90% offered a daily rate of more than £300 £295 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 1089 1336 1216
Median hourly rate £30.00 £31.44 £25.00
Median hourly rate % change year-on-year
-4.58% +25.76%
90% offered a hourly rate of more than £12.50 £12.50 £12.00
10% offered a hourly rate of more than £50.00 £50.00 £49.85
UK excluding London median hourly rate £30.75 £34.95 £25.00
% change year-on-year
-12.01% +39.80%

Operations Research
Jobs Demand Trend

The demand trend of contract jobs citing Operations Research as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Operations Research Jobs Demand Trend in the UK

Operations Research
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Operations Research within the UK.

Operations Research Daily Rate Trend in the UK

Operations Research
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Operations Research within the UK over the 3 months to 5 December 2016.

Operations Research Daily Rate Histogram in the UK

Operations Research
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Operations Research within the UK.

Operations Research Hourly Rate Trend in the UK

Operations Research
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Operations Research within the UK over the 3 months to 5 December 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -24 5 £400 -11.11% 5
London -19 3 £400 -11.11% 2
Hampshire +16 1 - -
South East +10 1 - - 1
City of London +3 1 £325 -35.00% 1
Havant - 1 - -
West Midlands - 1 - - 1

Operations Research
Top 30 Related IT Skills

For the 6 months to 5 December 2016, IT contractor jobs citing Operations Research also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Operations Research.

1 22 (88.00%) Degree
2 18 (72.00%) Mathematics
2 18 (72.00%) Statistics
3 17 (68.00%) Analytical Skills
4 16 (64.00%) SAS
5 14 (56.00%) SPSS
6 13 (52.00%) SQL
7 12 (48.00%) Economics
7 12 (48.00%) R
8 10 (40.00%) Analytics
8 10 (40.00%) Credit Risk
9 9 (36.00%) Finance
10 8 (32.00%) Python
11 7 (28.00%) Risk Management
11 7 (28.00%) Marketing
11 7 (28.00%) Banking
11 7 (28.00%) Retail
11 7 (28.00%) Tableau
12 6 (24.00%) Open Source
12 6 (24.00%) Agile Software Development
12 6 (24.00%) Statistical Analysis
12 6 (24.00%) MATLAB
12 6 (24.00%) Algorithms
13 5 (20.00%) Fraud Detection
13 5 (20.00%) Credit Risk Modelling
13 5 (20.00%) Data Analysis
13 5 (20.00%) Predictive Modelling
13 5 (20.00%) Visualisation
13 5 (20.00%) Security Cleared
13 5 (20.00%) Time Management

Operations Research
Top Related IT Skills 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:

Application Platforms
1 16 (64.00%) SAS
2 4 (16.00%) Apache
3 1 (4.00%) Apache Pig
3 1 (4.00%) Apache Spark
Applications
1 14 (56.00%) SPSS
2 2 (8.00%) MS Excel
3 1 (4.00%) EViews
3 1 (4.00%) MS Office
3 1 (4.00%) Spreadsheet
Cloud Services
1 1 (4.00%) Adobe Analytics
Database & Business Intelligence
1 3 (12.00%) Data Warehouse
2 2 (8.00%) Big Data
3 1 (4.00%) Apache Hive
3 1 (4.00%) Base SAS
3 1 (4.00%) BusinessObjects
3 1 (4.00%) Data Mining
3 1 (4.00%) Hadoop
3 1 (4.00%) Mahout
3 1 (4.00%) Oracle Reports
3 1 (4.00%) Power BI
3 1 (4.00%) PowerPivot
3 1 (4.00%) Relational Database
3 1 (4.00%) SQL Server
Development Applications
1 2 (8.00%) Eclipse
General
1 9 (36.00%) Finance
2 7 (28.00%) Banking
2 7 (28.00%) Marketing
2 7 (28.00%) Retail
3 4 (16.00%) Military
3 4 (16.00%) Retail Banking
4 2 (8.00%) Financial Institution
5 1 (4.00%) Automotive
5 1 (4.00%) Corporate Banking
5 1 (4.00%) Games
Job Titles
1 9 (36.00%) Analyst
2 5 (20.00%) Credit Analyst
2 5 (20.00%) Credit Risk Analyst
2 5 (20.00%) Data Scientist
2 5 (20.00%) Risk Analyst
3 4 (16.00%) Programmer
3 4 (16.00%) Python Programmer
3 4 (16.00%) Systems Programmer
4 3 (12.00%) Data Analyst
4 3 (12.00%) SAS Analyst
4 3 (12.00%) SAS Credit Risk Analyst
4 3 (12.00%) SAS Risk Analyst
5 2 (8.00%) Analytics Manager
5 2 (8.00%) Credit Risk Modeller
5 2 (8.00%) SAS Modeller
6 1 (4.00%) Digital Analyst
6 1 (4.00%) Insight Manager
6 1 (4.00%) Senior Data Scientist
6 1 (4.00%) SPSS Modeller
6 1 (4.00%) Statistical Modeller
Libraries, Frameworks & Software Standards
1 4 (16.00%) CSS
1 4 (16.00%) Django
1 4 (16.00%) HTML
1 4 (16.00%) HTML5
1 4 (16.00%) NumPy
1 4 (16.00%) SciPy
1 4 (16.00%) Sphinx
2 2 (8.00%) Matplotlib
2 2 (8.00%) Pandas
3 1 (4.00%) D3.js
Miscellaneous
1 18 (72.00%) Mathematics
1 18 (72.00%) Statistics
2 17 (68.00%) Analytical Skills
3 12 (48.00%) Economics
4 10 (40.00%) Credit Risk
5 6 (24.00%) Algorithms
6 5 (20.00%) User Experience
6 5 (20.00%) Visualisation
7 4 (16.00%) Computer Science
7 4 (16.00%) Data Extraction
8 3 (12.00%) Digital Media
8 3 (12.00%) Physics
9 2 (8.00%) Data Structures
9 2 (8.00%) Management Information System
10 1 (4.00%) Neural Network
10 1 (4.00%) Virtual Team
Operating Systems
1 4 (16.00%) Linux
Processes & Methodologies
1 10 (40.00%) Analytics
2 7 (28.00%) Risk Management
3 6 (24.00%) Agile Software Development
3 6 (24.00%) Open Source
3 6 (24.00%) Statistical Analysis
4 5 (20.00%) Credit Risk Modelling
4 5 (20.00%) Data Analysis
4 5 (20.00%) Fraud Detection
4 5 (20.00%) Predictive Modelling
4 5 (20.00%) Time Management
5 4 (16.00%) Data Visualisation
5 4 (16.00%) OO
6 3 (12.00%) Data Management
6 3 (12.00%) Econometrics
6 3 (12.00%) ETL
6 3 (12.00%) Logistic Regression
6 3 (12.00%) Risk Analysis
6 3 (12.00%) Software Engineering
6 3 (12.00%) Statistical Modelling
6 3 (12.00%) Time Series Analysis
Programming Languages
1 13 (52.00%) SQL
2 12 (48.00%) R
3 8 (32.00%) Python
4 6 (24.00%) MATLAB
5 4 (16.00%) JavaScript
6 3 (12.00%) VBA
7 2 (8.00%) C
Qualifications
1 22 (88.00%) Degree
2 5 (20.00%) Security Cleared
3 4 (16.00%) SC Cleared
4 2 (8.00%) Postgraduate
5 1 (4.00%) BPSS Clearance
5 1 (4.00%) PhD
Quality Assurance & Compliance
1 3 (12.00%) Data Quality
2 1 (4.00%) Disclosure Scotland
2 1 (4.00%) QA
2 1 (4.00%) SLA
Vendors
1 7 (28.00%) Tableau
2 1 (4.00%) Adobe
2 1 (4.00%) comScore
2 1 (4.00%) Hitwise
2 1 (4.00%) IBM
2 1 (4.00%) Microsoft
2 1 (4.00%) MicroStrategy
2 1 (4.00%) Oracle
2 1 (4.00%) Teradata
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