Operations Research Contracts

Operations Research (or Operational Research)
UK

The following table provides summary statistics for contract job vacancies with a requirement for Operations Research skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Operations Research over the 6 months to 13 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
13 May 2024
Same period 2023 Same period 2022
Rank 576 659 823
Rank change year-on-year +83 +164 -167
Contract jobs citing Operations Research 7 37 18
As % of all contract jobs advertised in the UK 0.016% 0.064% 0.020%
As % of the Processes & Methodologies category 0.019% 0.071% 0.023%
Number of daily rates quoted 4 24 7
10th Percentile £448 £313 £508
25th Percentile £481 £341 £538
Median daily rate (50th Percentile) £520 £400 £625
Median % change year-on-year +30.00% -36.00% +14.89%
75th Percentile £568 £402 £656
90th Percentile £617 £460 £675
UK excluding London median daily rate - £400 -
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £53.13
Median hourly rate - - £56.25
75th Percentile - - £59.38
90th Percentile - - -
UK excluding London median hourly rate - - -

All Process and Methodology Skills
UK

Operations Research 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 with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,868 52,242 79,883
As % of all contract IT jobs advertised in the UK 86.23% 89.82% 90.61%
Number of daily rates quoted 23,721 36,208 56,080
10th Percentile £300 £325 £343
25th Percentile £413 £438 £428
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.16%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,429 1,718 1,919
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.22 £15.52
Median hourly rate £36.50 £36.00 £25.68
Median % change year-on-year +1.39% +40.19% +4.82%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.00
% change year-on-year +8.91% +75.00% -6.98%

Operations Research
Job Vacancy Trend

Job postings citing Operations Research as a proportion of all IT jobs advertised.

Job vacancy trend for Operations Research in the UK

Operations Research
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Operations Research.

Daily rate trend for Operations Research in the UK

Operations Research
Daily Rate Histogram

Daily rate distribution for jobs citing Operations Research over the 6 months to 13 May 2024.

Daily rate histogram for Operations Research in the UK

Operations Research
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Operations Research.

Hourly rate trend for Operations Research in the UK

Operations Research
Top 3 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 6 months to 13 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
London +85 7 £520 +48.57% 9
England +78 7 £520 +30.00% 24
Work from Home +104 1 £540 +66.15% 11

Operations Research
Co-occurring Skills and Capabilities 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 (28.57%) SAS
1 2 (28.57%) SharePoint
Applications
1 2 (28.57%) Microsoft Excel
1 2 (28.57%) MS Visio
Cloud Services
1 4 (57.14%) Azure
2 1 (14.29%) Azure Data Factory
2 1 (14.29%) Azure DevOps
2 1 (14.29%) Power Platform
2 1 (14.29%) PowerApps
Database & Business Intelligence
1 1 (14.29%) Power BI
General
1 5 (71.43%) Finance
2 2 (28.57%) Banking
2 2 (28.57%) Influencing Skills
2 2 (28.57%) Social Skills
Job Titles
1 3 (42.86%) Analyst
2 2 (28.57%) Data Scientist
2 2 (28.57%) SOC Analyst
3 1 (14.29%) Consultant
3 1 (14.29%) Data Consultant
3 1 (14.29%) Data Validation Consultant
3 1 (14.29%) Senior
3 1 (14.29%) Senior Analyst
3 1 (14.29%) Validation Consultant
Libraries, Frameworks & Software Standards
1 1 (14.29%) ADO
1 1 (14.29%) Tkinter
Miscellaneous
1 3 (42.86%) Security Operations Centre
2 2 (28.57%) Credit Risk
2 2 (28.57%) Cyber Threat
Operating Systems
1 3 (42.86%) Windows
Processes & Methodologies
1 4 (57.14%) Data Analysis
1 4 (57.14%) Economics
1 4 (57.14%) Mathematics
1 4 (57.14%) Statistics
2 3 (42.86%) Cyber Resilience
2 3 (42.86%) Cybersecurity
2 3 (42.86%) Incident Response
2 3 (42.86%) Network Architecture
2 3 (42.86%) Security Architecture
2 3 (42.86%) Security Operations
2 3 (42.86%) SIEM
2 3 (42.86%) Use Case
3 2 (28.57%) Analytics
3 2 (28.57%) Credit Risk Modelling
3 2 (28.57%) Data Science
3 2 (28.57%) Exploratory Data Analysis
3 2 (28.57%) Linear Programming
3 2 (28.57%) Mentoring
3 2 (28.57%) Model Validation
3 2 (28.57%) Quantitative Research
Programming Languages
1 4 (57.14%) Python
1 4 (57.14%) SQL
2 3 (42.86%) PowerShell
3 2 (28.57%) C++
Qualifications
1 4 (57.14%) Degree
2 3 (42.86%) CISM
2 3 (42.86%) CISSP
2 3 (42.86%) Master's Degree
3 2 (28.57%) MBA
3 2 (28.57%) PhD
Quality Assurance & Compliance
1 1 (14.29%) ISO/IEC 27001
Vendors
1 3 (42.86%) AlienVault
1 3 (42.86%) ArcSight
1 3 (42.86%) Microsoft
1 3 (42.86%) Splunk
2 2 (28.57%) CA