The table below looks at the statistics for Operations Research skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Operations Research over the 3 months to 24 April 2015 with a comparison to the same period in 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.

Location
3 months to
24 Apr 2015
Same period 2014 Same period 2013
Operations Research (or Operational Research)
Rank 581 596 542
Rank change year-on-year
+15 -54
Contract jobs citing Operations Research 13 4 17
As % of all contract IT jobs located in the UK 0.023% 0.007% 0.035%
As % of the Processes & Methodologies category 0.031% 0.010% 0.048%
Number of daily rates quoted 11 2 10
Average daily rate
Keep up to 90%
of your Daily Rate
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£350 £475 £363
Average daily rate % change year-on-year
-26.31% +31.03%
90% offered a daily rate of more than £275 £415 £236
10% offered a daily rate of more than £600 £535 £518
UK excluding London average daily rate £275 - £325
Number of hourly rates quoted 0 0 5
Average hourly rate - - £26.25
UK excluding London average hourly rate - - £26.25

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
42559 41264 35676
As % of all contract IT jobs located in the UK 76.38% 74.73% 73.57%
Number of daily rates quoted 26548 25722 21281
Average daily rate £415 £400 £408
Average daily rate % change year-on-year
+3.75% -1.84%
90% offered a daily rate of more than £283 £275 £275
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £393 £375 £363
% change year-on-year
+4.66% +3.44%
Number of hourly rates quoted 1225 1158 1074
Average hourly rate £29.00 £30.00 £32.00
Average hourly rate % change year-on-year
-3.33% -6.25%
90% offered a hourly rate of more than £12.10 £12.49 £13.50
10% offered a hourly rate of more than £47.50 £52.50 £54.00
UK excluding London average hourly rate £30.50 £30.50 £32.00
% change year-on-year
- -4.68%

Operations Research
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Operations Research within the UK as a proportion of the total demand within 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 April 2015.

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 12 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Operations Research within the UK over the 3 months to 24 April 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +8 13 £350 -26.31% 12
London +12 9 £600 +26.31% 9
Salisbury - 2 £275 -
Wiltshire - 2 £275 -
South West - 2 £275 -
City of London +18 1 - - 2
South East -7 1 £350 -
Yorkshire - 1 £250 -
Staines - 1 £350 -
Surrey - 1 £350 -
West Yorkshire - 1 £250 -
Leeds - 1 £250 -

Operations Research
Top 30 Related IT Skills

For the 6 months to 24 April 2015, IT contractor jobs within the UK citing Operations Research also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Operations Research.

1 17 (60.71%) Mathematics
2 16 (57.14%) Finance
3 11 (39.29%) Statistics
3 11 (39.29%) C++
3 11 (39.29%) Algorithms
4 10 (35.71%) Python
4 10 (35.71%) Computer Science
5 9 (32.14%) Degree
5 9 (32.14%) Project Management
5 9 (32.14%) Analytical Skills
6 8 (28.57%) Analytics
6 8 (28.57%) Financial Modelling
6 8 (28.57%) Agile Software Development
7 7 (25.00%) Equities
7 7 (25.00%) Risk Management
7 7 (25.00%) Software Engineering
7 7 (25.00%) SAS
7 7 (25.00%) Foreign Exchange (FX)
7 7 (25.00%) Data Modelling
7 7 (25.00%) SQL
7 7 (25.00%) R
7 7 (25.00%) Applied Mathematics
7 7 (25.00%) Algorithmic Trading
7 7 (25.00%) Low Latency
8 6 (21.43%) KDB
8 6 (21.43%) Multithreading
8 6 (21.43%) Boost C++ Libraries
8 6 (21.43%) Perl
8 6 (21.43%) STL
8 6 (21.43%) UNIX

Operations Research
Top Related IT Skills by Category

For the 6 months to 24 April 2015, IT contractor jobs within the UK citing Operations Research also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Operations Research. Up to 20 skills are shown per category.

Application Platforms
1 7 (25.00%) SAS
2 1 (3.57%) SharePoint
2 1 (3.57%) Apache Pig
Applications
1 3 (10.71%) Mathematica
2 2 (7.14%) MS Excel
2 2 (7.14%) 3ds Max
3 1 (3.57%) MS PowerPoint
Communications & Networking
1 3 (10.71%) Internet
Database & Business Intelligence
1 6 (21.43%) KDB
2 4 (14.29%) Hadoop
2 4 (14.29%) SAS Enterprise Miner
2 4 (14.29%) Oracle ODI
3 3 (10.71%) Oracle Database
4 2 (7.14%) Relational Database
4 2 (7.14%) Big Data
5 1 (3.57%) QlikView
5 1 (3.57%) Data Warehouse
5 1 (3.57%) Data Mining
5 1 (3.57%) SQL Server
5 1 (3.57%) Star Schema
5 1 (3.57%) Apache Hive
Development Applications
1 1 (3.57%) ProC
General
1 16 (57.14%) Finance
2 2 (7.14%) Military
3 1 (3.57%) French Language
3 1 (3.57%) Marketing
3 1 (3.57%) Banking
3 1 (3.57%) Telecoms
3 1 (3.57%) Advertising
3 1 (3.57%) Financial Institution
Job Titles
1 11 (39.29%) Analyst
2 8 (28.57%) Developer
3 6 (21.43%) C++ Developer
4 5 (17.86%) Data Modeller
5 4 (14.29%) Data Scientist
6 3 (10.71%) Insight Analyst
7 2 (7.14%) Customer Insight Analyst
7 2 (7.14%) Business Analyst
7 2 (7.14%) Data Analyst
7 2 (7.14%) Customer Analyst
8 1 (3.57%) C# Developer
8 1 (3.57%) Junior
Libraries, Frameworks & Software Standards
1 6 (21.43%) Boost C++ Libraries
1 6 (21.43%) STL
2 1 (3.57%) WPF
Miscellaneous
1 17 (60.71%) Mathematics
2 11 (39.29%) Statistics
2 11 (39.29%) Algorithms
3 10 (35.71%) Computer Science
4 9 (32.14%) Analytical Skills
5 7 (25.00%) Equities
5 7 (25.00%) Foreign Exchange (FX)
5 7 (25.00%) Applied Mathematics
6 6 (21.43%) Economics
7 3 (10.71%) Clustering
7 3 (10.71%) Mobile App
7 3 (10.71%) Internet of Things
8 1 (3.57%) Data Protection Act
8 1 (3.57%) Freedom of Information Act
8 1 (3.57%) Freedom of Information
8 1 (3.57%) NHS
8 1 (3.57%) FMCG
Operating Systems
1 6 (21.43%) UNIX
1 6 (21.43%) Linux
Processes & Methodologies
1 9 (32.14%) Project Management
2 8 (28.57%) Analytics
2 8 (28.57%) Financial Modelling
2 8 (28.57%) Agile Software Development
3 7 (25.00%) Risk Management
3 7 (25.00%) Software Engineering
3 7 (25.00%) Data Modelling
3 7 (25.00%) Algorithmic Trading
3 7 (25.00%) Low Latency
4 6 (21.43%) Multithreading
5 5 (17.86%) ETL
5 5 (17.86%) Predictive Modelling
6 4 (14.29%) Data Analysis
7 2 (7.14%) Customer Insight
7 2 (7.14%) CAD
7 2 (7.14%) Systems Analysis
7 2 (7.14%) Business Analysis
8 1 (3.57%) Econometrics
8 1 (3.57%) Statistical Modelling
8 1 (3.57%) Data Analytics
Programming Languages
1 11 (39.29%) C++
2 10 (35.71%) Python
3 7 (25.00%) SQL
3 7 (25.00%) R
4 6 (21.43%) Perl
5 5 (17.86%) C
6 3 (10.71%) MATLAB
7 2 (7.14%) VBA
8 1 (3.57%) C#
8 1 (3.57%) XQuery
Qualifications
1 9 (32.14%) Degree
2 5 (17.86%) PhD
Vendors
1 4 (14.29%) Oracle
1 4 (14.29%) Teradata
2 3 (10.71%) Informatica
3 1 (3.57%) Business Objects
3 1 (3.57%) Microsoft
City, London
Lorien Resourcing
Posted: 6 days ago