Period
to 22 January 2019

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 22 January 2019 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Algorithms
Tower Hamlets > Canary Wharf
6 months to
22 Jan 2019
Same period 2018 Same period 2017
Rank 64 38 36
Rank change year-on-year -26 -2 +5
Contract jobs citing Algorithms 8 11 4
As % of all contract IT jobs advertised in Canary Wharf 2.01% 3.65% 1.40%
As % of the Miscellaneous category 4.88% 6.88% 3.31%
Number of daily rates quoted 5 6 2
Canary Wharf median daily rate £700 £600 £544
Median daily rate % change year-on-year +16.67% +10.34% +20.83%
10th Percentile £650 £538 £501
90th Percentile £750 £675 £582
Tower Hamlets median daily rate £700 £600 £544
% change year-on-year +16.67% +10.34% +20.83%
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Algorithms is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for generic IT skills.

All Generic IT Skills
Canary Wharf
Contract vacancies with a requirement for generic IT skills 164 160 121
As % of all contract IT jobs advertised in Canary Wharf 41.10% 53.16% 42.31%
Number of daily rates quoted 146 141 86
Canary Wharf median daily rate £575 £525 £525
Median daily rate % change year-on-year +9.52% - +10.53%
10th Percentile £390 £300 £274
90th Percentile £650 £650 £650
Tower Hamlets median daily rate £575 £525 £525
% change year-on-year +9.52% - +7.69%
Number of hourly rates quoted 1 1 0
Canary Wharf median hourly rate £147.50 £15.50 -
Median hourly rate % change year-on-year +851.61% - -
Tower Hamlets median hourly rate £147.50 £15.50 -
% change year-on-year +851.61% - -

Algorithms
Job Vacancy Trend in Canary Wharf

Job postings citing Algorithms as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Algorithms in Canary Wharf

Algorithms
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Algorithms in Canary Wharf.

Contractor daily rate trend for Algorithms in Canary Wharf

For the 6 months to 22 January 2019, IT contractor jobs citing Algorithms also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Canary Wharf region with a requirement for Algorithms.

1 8 (100.00%) SQL
1 8 (100.00%) Problem-Solving
2 7 (87.50%) Fintech
2 7 (87.50%) Kafka
2 7 (87.50%) Confluence
2 7 (87.50%) Analytical Skills
2 7 (87.50%) Java
2 7 (87.50%) JIRA
2 7 (87.50%) Atlassian
2 7 (87.50%) Continuous Integration
3 6 (75.00%) Agile Software Development
4 5 (62.50%) Banking
4 5 (62.50%) Java EE
4 5 (62.50%) Spring
4 5 (62.50%) Maven
4 5 (62.50%) Investment Banking
4 5 (62.50%) Software Engineering
4 5 (62.50%) Reverse Engineering
4 5 (62.50%) RESTful
4 5 (62.50%) User Acceptance Testing
4 5 (62.50%) Unit Testing
4 5 (62.50%) Mockito
4 5 (62.50%) Hibernate
4 5 (62.50%) HTTP
4 5 (62.50%) Sybase
4 5 (62.50%) JUnit
4 5 (62.50%) WebLogic
4 5 (62.50%) EJB
4 5 (62.50%) JDBC
4 5 (62.50%) OO

Algorithms
Co-occurring IT Skills in Canary Wharf 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 7 (87.50%) Confluence
2 5 (62.50%) WebLogic
3 3 (37.50%) Apache Spark
4 2 (25.00%) Apache Solr
4 2 (25.00%) Elasticsearch
5 1 (12.50%) SAS
5 1 (12.50%) SharePoint
Cloud Services
1 2 (25.00%) Amazon AWS
1 2 (25.00%) Amazon S3
Communications & Networking
1 5 (62.50%) HTTP
2 2 (25.00%) Kerberos
2 2 (25.00%) SSL
2 2 (25.00%) VPN
Database & Business Intelligence
1 3 (37.50%) Hadoop
2 2 (25.00%) Amazon Redshift
2 2 (25.00%) Apache Cassandra
2 2 (25.00%) Apache Hive
2 2 (25.00%) Big Data
2 2 (25.00%) Data Lake
2 2 (25.00%) Data Mining
2 2 (25.00%) Data Warehouse
2 2 (25.00%) HBase
2 2 (25.00%) NoSQL
2 2 (25.00%) Parquet
2 2 (25.00%) Power BI
2 2 (25.00%) Relational Database
Development Applications
1 7 (87.50%) JIRA
2 5 (62.50%) Jenkins
2 5 (62.50%) JUnit
2 5 (62.50%) Maven
2 5 (62.50%) Mockito
3 2 (25.00%) FishEye
3 2 (25.00%) Git (software)
General
1 5 (62.50%) Banking
1 5 (62.50%) Investment Banking
2 3 (37.50%) Finance
3 2 (25.00%) Games
Job Titles
1 7 (87.50%) Developer
2 5 (62.50%) Core Java Developer
2 5 (62.50%) Investment Banking Java Developer
2 5 (62.50%) Java Developer
2 5 (62.50%) Senior Developer
2 5 (62.50%) Senior Investment Banking Java Developer
2 5 (62.50%) Senior Java Developer
3 2 (25.00%) Big Data Developer
4 1 (12.50%) Data Scientist
4 1 (12.50%) Graduate
4 1 (12.50%) Junior
4 1 (12.50%) Junior Data Scientist
Libraries, Frameworks & Software Standards
1 7 (87.50%) Kafka
2 5 (62.50%) Dropwizard
2 5 (62.50%) EJB
2 5 (62.50%) Hibernate
2 5 (62.50%) Java EE
2 5 (62.50%) JAX-RS
2 5 (62.50%) JDBC
2 5 (62.50%) RESTful
2 5 (62.50%) Spring
3 2 (25.00%) Apache NiFi
3 2 (25.00%) HTML
3 2 (25.00%) HTML5
3 2 (25.00%) Natural Language Processing
3 2 (25.00%) Play Framework
3 2 (25.00%) React
3 2 (25.00%) XML
4 1 (12.50%) Caffe
4 1 (12.50%) Keras
4 1 (12.50%) TensorFlow
4 1 (12.50%) Theano
Miscellaneous
1 7 (87.50%) Analytical Skills
1 7 (87.50%) Fintech
2 5 (62.50%) Analytical Mindset
2 5 (62.50%) Data Structures
Operating Systems
1 2 (25.00%) Unix
Processes & Methodologies
1 8 (100.00%) Problem-Solving
2 7 (87.50%) Continuous Integration
3 6 (75.00%) Agile Software Development
4 5 (62.50%) Creative Thinking
4 5 (62.50%) OO
4 5 (62.50%) Reverse Engineering
4 5 (62.50%) SDLC
4 5 (62.50%) Software Engineering
4 5 (62.50%) Technical Analysis
4 5 (62.50%) Unit Testing
4 5 (62.50%) User Acceptance Testing
5 3 (37.50%) Data Science
5 3 (37.50%) ETL
5 3 (37.50%) Machine Learning
5 3 (37.50%) Mathematics
6 2 (25.00%) Business Intelligence
6 2 (25.00%) Data Analysis
6 2 (25.00%) Mathematical Modelling
6 2 (25.00%) Technical Architecture
6 2 (25.00%) Visualisation
Programming Languages
1 8 (100.00%) SQL
2 7 (87.50%) Java
3 3 (37.50%) Python
3 3 (37.50%) R
3 3 (37.50%) Scala
4 2 (25.00%) Bash Shell
4 2 (25.00%) JavaScript
4 2 (25.00%) Perl
5 1 (12.50%) MATLAB
Qualifications
1 1 (12.50%) Degree
1 1 (12.50%) Master's Degree
1 1 (12.50%) PhD
System Software
1 2 (25.00%) HDFS
Systems Management
1 2 (25.00%) Ansible
1 2 (25.00%) Hadoop YARN
Vendors
1 7 (87.50%) Atlassian
2 5 (62.50%) Sybase
3 2 (25.00%) Hortonworks
3 2 (25.00%) Tableau
4 1 (12.50%) Google
4 1 (12.50%) Microsoft
4 1 (12.50%) Oracle