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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Operations Research (or Operational Research)
Rank 630 632 588
Rank change year-on-year
+2 -44
Contract jobs citing Operations Research 13 14 15
As % of all contract IT jobs located in the UK 0.024% 0.025% 0.028%
As % of the Processes & Methodologies category 0.029% 0.031% 0.036%
Number of daily rates quoted 10 9 8
Median daily rate £378 £458 £388
Median daily rate % change year-on-year
-17.48% +18.06%
90% offered a daily rate of more than £285 £378 £347
10% offered a daily rate of more than £405 £622 £420
UK excluding London median daily rate £378 £425 £350
% change year-on-year
-11.17% +21.42%
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
44747 45474 41772
As % of all contract IT jobs located in the UK 82.69% 79.85% 78.61%
Number of daily rates quoted 29561 29429 25946
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+6.06% +3.12%
90% offered a daily rate of more than £295 £282 £275
10% offered a daily rate of more than £600 £575 £563
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 1036 1183 1168
Median hourly rate £28.50 £28.50 £25.00
Median hourly rate % change year-on-year
- +14.00%
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £51.50 £52.17 £47.50
UK excluding London median hourly rate £28.63 £30.50 £26.98
% change year-on-year
-6.14% +13.06%

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 24 July 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 15 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 24 July 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 -14 12 £375 -29.07% 5
South East -1 4 £338 -
London -3 4 £375 -37.50% 2
Yorkshire +5 3 £375 -2.59% 3
Hampshire +4 3 £295 -
West Yorkshire +3 3 £375 -2.59% 3
City of London +46 2 £425 -32.80% 2
Leeds 0 2 £375 -2.59% 2
Paddington - 1 £198 -
Northampton - 1 - -
Halifax - 1 - - 1
Northamptonshire - 1 - -
South Wales - 1 £400 -
East Midlands - 1 - -
Wales - 1 £400 -

Operations Research
Top 30 Related IT Skills

For the 6 months to 24 July 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 19 (76.00%) Degree
2 16 (64.00%) Analytical Skills
3 13 (52.00%) Mathematics
4 12 (48.00%) Economics
4 12 (48.00%) Finance
5 11 (44.00%) Statistics
6 10 (40.00%) SQL
6 10 (40.00%) SAS
7 9 (36.00%) Credit Risk
8 8 (32.00%) Banking
8 8 (32.00%) Retail
9 7 (28.00%) SPSS
9 7 (28.00%) Algorithms
9 7 (28.00%) Analytics
10 6 (24.00%) MATLAB
10 6 (24.00%) Risk Management
10 6 (24.00%) Python
10 6 (24.00%) Linux
10 6 (24.00%) Computer Science
11 5 (20.00%) Retail Banking
11 5 (20.00%) Security Cleared
11 5 (20.00%) R
11 5 (20.00%) Apache
11 5 (20.00%) Validation
11 5 (20.00%) Econometrics
11 5 (20.00%) Fraud Detection
12 4 (16.00%) Markov Chain
12 4 (16.00%) User Experience
12 4 (16.00%) Credit Risk Modelling
12 4 (16.00%) Project 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 10 (40.00%) SAS
2 5 (20.00%) Apache
3 1 (4.00%) ArcGIS
3 1 (4.00%) SharePoint
Applications
1 7 (28.00%) SPSS
2 2 (8.00%) MS Excel
2 2 (8.00%) MS PowerPoint
2 2 (8.00%) MS Visio
3 1 (4.00%) MS Office
3 1 (4.00%) Spreadsheet
Database & Business Intelligence
1 3 (12.00%) SQL Server
2 2 (8.00%) Big Data
2 2 (8.00%) Data Warehouse
2 2 (8.00%) OLAP
3 1 (4.00%) BusinessObjects
3 1 (4.00%) GIS
3 1 (4.00%) Hadoop
3 1 (4.00%) OLTP
3 1 (4.00%) Oracle BI EE
3 1 (4.00%) PowerPivot
3 1 (4.00%) QGIS
3 1 (4.00%) Relational Database
3 1 (4.00%) SAP BW
3 1 (4.00%) SAS Data Integration Studio
3 1 (4.00%) Spatial Data
Development Applications
1 2 (8.00%) Eclipse
General
1 12 (48.00%) Finance
2 8 (32.00%) Banking
2 8 (32.00%) Retail
3 5 (20.00%) Retail Banking
4 4 (16.00%) Military
5 3 (12.00%) Marketing
6 2 (8.00%) Financial Institution
7 1 (4.00%) Advertising
7 1 (4.00%) Corporate Banking
Job Titles
1 10 (40.00%) Analyst
2 4 (16.00%) Credit Analyst
2 4 (16.00%) Credit Risk Analyst
2 4 (16.00%) Data Analyst
2 4 (16.00%) Programmer
2 4 (16.00%) Python Programmer
2 4 (16.00%) Risk Analyst
2 4 (16.00%) Systems Programmer
3 2 (8.00%) Consultant
3 2 (8.00%) Excel Analyst
3 2 (8.00%) Risk Consultant
3 2 (8.00%) Risk Manager
3 2 (8.00%) SAS Analyst
3 2 (8.00%) SAS Credit Risk Analyst
3 2 (8.00%) SAS Risk Analyst
3 2 (8.00%) SQL Analyst
3 2 (8.00%) SQL Data Analyst
3 2 (8.00%) SQL Server Analyst
4 1 (4.00%) Statistical Modeller
4 1 (4.00%) Traffic Analyst
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 1 (4.00%) PostGIS
Miscellaneous
1 16 (64.00%) Analytical Skills
2 13 (52.00%) Mathematics
3 12 (48.00%) Economics
4 11 (44.00%) Statistics
5 9 (36.00%) Credit Risk
6 7 (28.00%) Algorithms
7 6 (24.00%) Computer Science
8 4 (16.00%) User Experience
9 3 (12.00%) Management Information System
10 2 (8.00%) Data Integration
10 2 (8.00%) NHS
10 2 (8.00%) Visualisation
11 1 (4.00%) Fixed Income
11 1 (4.00%) Neural Network
11 1 (4.00%) Social Media
11 1 (4.00%) Social Network
11 1 (4.00%) Virtual Team
Operating Systems
1 6 (24.00%) Linux
2 1 (4.00%) Unix
Processes & Methodologies
1 7 (28.00%) Analytics
2 6 (24.00%) Risk Management
3 5 (20.00%) Econometrics
3 5 (20.00%) Fraud Detection
3 5 (20.00%) Validation
4 4 (16.00%) Agile Software Development
4 4 (16.00%) Business Analysis
4 4 (16.00%) Business Intelligence
4 4 (16.00%) Credit Risk Modelling
4 4 (16.00%) Markov Chain
4 4 (16.00%) OO
4 4 (16.00%) Open Source
4 4 (16.00%) Project Management
4 4 (16.00%) Risk Analysis
5 3 (12.00%) Data Analysis
6 2 (8.00%) Data Architecture
6 2 (8.00%) ETL
6 2 (8.00%) Memory Management
6 2 (8.00%) Monte Carlo Method
6 2 (8.00%) Software Engineering
Programming Languages
1 10 (40.00%) SQL
2 6 (24.00%) MATLAB
2 6 (24.00%) Python
3 5 (20.00%) R
4 4 (16.00%) JavaScript
5 1 (4.00%) Bash Shell
5 1 (4.00%) C#
5 1 (4.00%) Java
5 1 (4.00%) VB
5 1 (4.00%) VBA
Qualifications
1 19 (76.00%) Degree
2 5 (20.00%) Security Cleared
3 4 (16.00%) Postgraduate
3 4 (16.00%) SC Cleared
4 2 (8.00%) BPSS Clearance
5 1 (4.00%) MBA
5 1 (4.00%) PhD
Quality Assurance & Compliance
1 2 (8.00%) Disclosure Scotland
1 2 (8.00%) SLA
2 1 (4.00%) Data Quality
Systems Management
1 1 (4.00%) Ansible
1 1 (4.00%) Puppet
Vendors
1 2 (8.00%) Microsoft
2 1 (4.00%) Ab Initio
2 1 (4.00%) Cognos
2 1 (4.00%) ESRI
2 1 (4.00%) Hyperion
2 1 (4.00%) Informatica
2 1 (4.00%) Mapinfo
2 1 (4.00%) MicroStrategy
2 1 (4.00%) Netezza
2 1 (4.00%) Oracle
2 1 (4.00%) Red Hat
2 1 (4.00%) SAP
2 1 (4.00%) SIMUL8
2 1 (4.00%) Tableau
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