Algorithms Contract Job Trends in Central London

Algorithms
London > Central London

The table below looks at the prevalence of the term Algorithms in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 1 May 2026, comparing them to the same period in the previous two years.

6 months to
1 May 2026
Same period 2025 Same period 2024
Rank 123 98 109
Rank change year-on-year -25 +11 +35
Contract jobs citing Algorithms 18 31 24
As % of all contract jobs in Central London 0.73% 1.55% 0.98%
As % of the Miscellaneous category 2.19% 4.55% 3.20%
Number of daily rates quoted 8 21 16
10th Percentile £439 £450 £484
25th Percentile £469 £510 £548
Median daily rate (50th Percentile) £556 £575 £678
Median % change year-on-year -3.26% -15.13% +29.05%
75th Percentile £959 £763 £742
90th Percentile £1,150 £913 £914
London median daily rate £625 £650 £650
% change year-on-year -3.85% - -7.14%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £46.75
Median hourly rate - - £48.50
75th Percentile - - £50.25
90th Percentile - - -
London median hourly rate £87.50 £52.50 £55.00
% change year-on-year +66.67% -4.55% -26.67%

All Generic Skills
Central London

Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in Central London.

Contract vacancies with a requirement for generic IT skills 822 681 749
As % of all contract IT jobs advertised in Central London 33.41% 34.10% 30.62%
Number of daily rates quoted 566 437 524
10th Percentile £350 £361 £275
25th Percentile £463 £465 £425
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - -4.96%
75th Percentile £681 £695 £700
90th Percentile £791 £780 £850
London median daily rate £550 £575 £575
% change year-on-year -4.35% - -4.17%
Number of hourly rates quoted 15 5 10
10th Percentile £19.29 £23.78 £12.75
25th Percentile £21.99 £26.45 £16.73
Median hourly rate £26.11 £29.07 £23.00
Median % change year-on-year -10.18% +26.39% -34.29%
75th Percentile £41.85 £31.00 £26.25
90th Percentile £59.40 £72.40 £29.78
London median hourly rate £35.00 £34.50 £26.00
% change year-on-year +1.45% +32.69% -25.71%

Algorithms
Job Vacancy Trend in Central London

Historical trend showing the proportion of contract IT job postings citing Algorithms relative to all contract IT jobs advertised in Central London.

Algorithms job vacancy trend in Central London

Algorithms
Daily Rate Trend in Central London

Contractor daily rate distribution trend for jobs in Central London citing Algorithms.

Contractor daily rate distribution trend for jobs in Central London citing Algorithms

Algorithms
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Algorithms in Central London over the 6 months to 1 May 2026.

Daily rate histogram for Algorithms in Central London

Algorithms
Hourly Rate Trend in Central London

Contractor hourly rate distribution trend for jobs in Central London citing Algorithms.

Contractor hourly rate distribution trend for jobs in Central London citing Algorithms

Algorithms
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Central London region over the 6 months to 1 May 2026. 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
City of London -19 18 £556 -17.59% 25
Algorithms
London

Algorithms
Co-Occurring Skills & Capabilities in Central London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 2 (11.11%) Apache Spark
Business Applications
1 3 (16.67%) Bloomberg AIM
1 3 (16.67%) Fidessa
Cloud Services
1 10 (55.56%) AWS
2 6 (33.33%) Power Platform
3 3 (16.67%) Amazon ECS
3 3 (16.67%) Amazon EKS
3 3 (16.67%) Amazon SageMaker
3 3 (16.67%) Cloud Computing
3 3 (16.67%) IBM Watson
4 2 (11.11%) Azure
4 2 (11.11%) GCP
5 1 (5.56%) Datadog
5 1 (5.56%) GitHub
5 1 (5.56%) GitHub Actions
Database & Business Intelligence
1 6 (33.33%) Power BI
1 6 (33.33%) Tableau
2 3 (16.67%) Big Data
3 2 (11.11%) NoSQL
3 2 (11.11%) SQL Server
4 1 (5.56%) Amazon Athena
4 1 (5.56%) Amazon RDS
4 1 (5.56%) Neo4j
4 1 (5.56%) PostgreSQL
4 1 (5.56%) Redis
4 1 (5.56%) Relational Database
Development Applications
1 1 (5.56%) Octopus Deploy
1 1 (5.56%) TeamCity
General
1 10 (55.56%) Analytical Skills
2 9 (50.00%) Finance
3 7 (38.89%) Social Skills
4 6 (33.33%) Banking
4 6 (33.33%) Front Office
5 3 (16.67%) Documentation Skills
6 2 (11.11%) Retail
7 1 (5.56%) Corporate Banking
7 1 (5.56%) Investment Banking
7 1 (5.56%) Legal
7 1 (5.56%) Presentation Skills
7 1 (5.56%) Retail Banking
Job Titles
1 7 (38.89%) Data Scientist
2 3 (16.67%) Developer
2 3 (16.67%) Electronics Engineer
3 2 (11.11%) Java Developer
3 2 (11.11%) Low Latency Java Developer
3 2 (11.11%) Machine Learning Engineer
4 1 (5.56%) Analyst
4 1 (5.56%) C# Developer
4 1 (5.56%) C# Developer - Commodities
4 1 (5.56%) C# Quant Developer
4 1 (5.56%) Data Engineer
4 1 (5.56%) DevOps Engineer
4 1 (5.56%) Pricing Analyst
4 1 (5.56%) Quantitative Developer
4 1 (5.56%) Senior
4 1 (5.56%) Senior DevOps
4 1 (5.56%) Senior DevOps Engineer
Libraries, Frameworks & Software Standards
1 9 (50.00%) scikit-learn
2 6 (33.33%) PyTorch
2 6 (33.33%) TensorFlow
3 5 (27.78%) FIX Protocol
4 4 (22.22%) Matplotlib
4 4 (22.22%) Seaborn
5 3 (16.67%) JMS
5 3 (16.67%) Kafka
5 3 (16.67%) Middleware
5 3 (16.67%) NumPy
5 3 (16.67%) Pandas
5 3 (16.67%) REST
6 2 (11.11%) Dask
6 2 (11.11%) Google JAX
6 2 (11.11%) JAX
6 2 (11.11%) LightGBM
6 2 (11.11%) XGBoost
7 1 (5.56%) NetworkX
7 1 (5.56%) Playwright
7 1 (5.56%) PySpark
Miscellaneous
1 3 (16.67%) Derivative
1 3 (16.67%) Equities
1 3 (16.67%) Hybrid Cloud
2 2 (11.11%) Analytical Mindset
2 2 (11.11%) Data Structures
2 2 (11.11%) Foreign Exchange (FX)
3 1 (5.56%) Cloud Native
3 1 (5.56%) Clustering
3 1 (5.56%) Linux Command Line
3 1 (5.56%) Market Risk
Operating Systems
1 2 (11.11%) Unix
Processes & Methodologies
1 12 (66.67%) Analytics
2 10 (55.56%) Data Analysis
3 9 (50.00%) Machine Learning
4 8 (44.44%) Data Science
5 7 (38.89%) Agile
6 6 (33.33%) AI
6 6 (33.33%) Business Intelligence
6 6 (33.33%) Natural Language Processing
6 6 (33.33%) Problem-Solving
6 6 (33.33%) Visualisation
7 5 (27.78%) Data Engineering
7 5 (27.78%) Deep Learning
7 5 (27.78%) Electronic Trading
8 4 (22.22%) Data Pipeline
8 4 (22.22%) Data Visualisation
8 4 (22.22%) Exploratory Data Analysis
8 4 (22.22%) Microservices
8 4 (22.22%) Predictive Modelling
8 4 (22.22%) Sprint Planning
8 4 (22.22%) Use Case
Programming Languages
1 13 (72.22%) Python
2 10 (55.56%) SQL
3 6 (33.33%) Java
4 4 (22.22%) C#
5 1 (5.56%) Go
5 1 (5.56%) Scala
Quality Assurance & Compliance
1 2 (11.11%) QA
2 1 (5.56%) Data Quality
System Software
1 1 (5.56%) Docker
Systems Management
1 3 (16.67%) Grafana
2 1 (5.56%) Kubernetes
2 1 (5.56%) Terraform
Vendors
1 3 (16.67%) AppDynamics
1 3 (16.67%) Bloomberg
1 3 (16.67%) Charles River
1 3 (16.67%) Cognos
1 3 (16.67%) Google
1 3 (16.67%) IBM
1 3 (16.67%) Sage
1 3 (16.67%) Splunk
2 1 (5.56%) Microsoft