Period
to 28 May 2020

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 28 May 2020 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
London > Central London
6 months to
28 May 2020
Same period 2019 Same period 2018
Rank 130 151 155
Rank change year-on-year +21 +4 +16
Contract jobs citing Algorithms 40 137 146
As % of all contract jobs advertised in Central London 1.06% 1.63% 1.60%
As % of the Miscellaneous category 3.01% 4.66% 4.10%
Number of daily rates quoted 19 104 108
Median daily rate £550 £575 £563
Median daily rate % change year-on-year -4.35% +2.22% -2.17%
10th Percentile £413 £450 £413
90th Percentile £738 £721 £738
London median daily rate £600 £575 £550
% change year-on-year +4.35% +4.55% -4.35%
Number of hourly rates quoted 3 2 0
Median hourly rate £25.00 £46.85 -
Median hourly rate % change year-on-year -46.64% - -
London median hourly rate £37.50 £43.53 £45.00
% change year-on-year -13.86% -3.26% -18.18%

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 Central London with a requirement for generic IT skills.

All Generic IT Skills
Central London
Contract vacancies with a requirement for generic IT skills 1,330 2,937 3,559
As % of all contract IT jobs advertised in Central London 35.15% 34.91% 39.03%
Number of daily rates quoted 905 2,115 2,698
Median daily rate £500 £525 £513
Median daily rate % change year-on-year -4.76% +2.44% +2.50%
10th Percentile £300 £325 £313
90th Percentile £685 £688 £713
London median daily rate £525 £525 £500
% change year-on-year - +5.00% -
Number of hourly rates quoted 49 49 60
Median hourly rate £33.50 £20.00 £20.50
Median hourly rate % change year-on-year +67.50% -2.44% +28.13%
10th Percentile £12.42 £11.25 £12.49
90th Percentile £52.25 £50.60 £46.57
Median hourly rate £35.00 £25.00 £24.00
% change year-on-year +40.00% +4.17% +3.03%

Algorithms
Job Vacancy Trend in Central London

Job postings citing Algorithms as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Algorithms in Central London

Algorithms
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Algorithms in Central London.

Daily rate trend for Algorithms in Central London

Algorithms
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Algorithms in Central London over the 6 months to 28 May 2020.

Daily rate histogram for Algorithms in Central London

Algorithms
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Algorithms in Central London.

Hourly rate trend for Algorithms in Central London

Algorithms
Hourly Rate Histogram in Central London

Hourly rate distribution of jobs citing Algorithms in Central London over the 6 months to 28 May 2020.

Hourly rate histogram for Algorithms in Central London

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 28 May 2020. 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
Job
Vacancies
City of London +27 26 £525 -8.70% 22
City of Westminster +25 1 £650 +8.33%
Algorithms
London

For the 6 months to 28 May 2020, 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 Central London region with a requirement for Algorithms.

1 21 (52.50%) AWS
2 20 (50.00%) Python
3 19 (47.50%) Computer Science
4 18 (45.00%) Analytical Skills
5 17 (42.50%) GCP
5 17 (42.50%) Azure
5 17 (42.50%) Agile Software Development
6 16 (40.00%) SQL
6 16 (40.00%) Data Structures
7 14 (35.00%) Machine Learning
7 14 (35.00%) Data Science
7 14 (35.00%) Finance
8 13 (32.50%) OO
8 13 (32.50%) Problem-Solving
9 12 (30.00%) Artificial Intelligence
10 11 (27.50%) Open Source
10 11 (27.50%) JavaScript
10 11 (27.50%) OOD
10 11 (27.50%) Analytics
10 11 (27.50%) User Experience
10 11 (27.50%) Kubernetes
11 10 (25.00%) Docker
11 10 (25.00%) NoSQL
11 10 (25.00%) Test Automation
12 9 (22.50%) Degree
12 9 (22.50%) CSS
12 9 (22.50%) Big Data
12 9 (22.50%) React
12 9 (22.50%) Apache Spark
12 9 (22.50%) ES6

Algorithms
Co-occurring IT Skills in Central London 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 9 (22.50%) Apache Spark
2 2 (5.00%) ArcGIS
3 1 (2.50%) DNN
3 1 (2.50%) Jupyter
3 1 (2.50%) SAS
Applications
1 1 (2.50%) Chatbot
Cloud Services
1 21 (52.50%) AWS
2 17 (42.50%) Azure
2 17 (42.50%) GCP
3 8 (20.00%) Heroku
4 1 (2.50%) Amazon SageMaker
4 1 (2.50%) AWS CloudFormation
4 1 (2.50%) Google Play
Communications & Networking
1 3 (7.50%) HTTP
2 1 (2.50%) Internet
2 1 (2.50%) SSL
Database & Business Intelligence
1 10 (25.00%) NoSQL
2 9 (22.50%) Big Data
3 2 (5.00%) Flink
3 2 (5.00%) GIS
3 2 (5.00%) Hadoop
3 2 (5.00%) QGIS
3 2 (5.00%) Redis
3 2 (5.00%) Relational Database
4 1 (2.50%) Amazon Redshift
4 1 (2.50%) Apache Cassandra
4 1 (2.50%) Apache Hive
4 1 (2.50%) Data Lake
4 1 (2.50%) Data Mining
4 1 (2.50%) RDBMS
4 1 (2.50%) SQL Server
Development Applications
1 8 (20.00%) webpack
2 2 (5.00%) JUnit
3 1 (2.50%) Git (software)
3 1 (2.50%) JIRA
3 1 (2.50%) Team Foundation Server
3 1 (2.50%) TestNG
General
1 14 (35.00%) Finance
2 2 (5.00%) Banking
2 2 (5.00%) Front Office
2 2 (5.00%) Marketing
2 2 (5.00%) Telecoms
3 1 (2.50%) Financial Institution
3 1 (2.50%) Investment Banking
3 1 (2.50%) Law
Job Titles
1 19 (47.50%) Developer
2 10 (25.00%) Data Scientist
3 9 (22.50%) Digital Developer
3 9 (22.50%) Senior Developer
4 7 (17.50%) Node.js Developer
5 4 (10.00%) Data Engineer
6 3 (7.50%) Java Developer
6 3 (7.50%) Machine Learning Scientist
6 3 (7.50%) Python Developer
6 3 (7.50%) Software Engineer
7 2 (5.00%) Analyst
7 2 (5.00%) DevOps Engineer
7 2 (5.00%) Full Stack Developer
8 1 (2.50%) Cloud Architect
8 1 (2.50%) Electronic Trading Developer
8 1 (2.50%) Machine Learning Engineer
8 1 (2.50%) Salesforce Architect
8 1 (2.50%) Senior Data Scientist
8 1 (2.50%) SQL Analyst
8 1 (2.50%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 9 (22.50%) CSS
1 9 (22.50%) React
1 9 (22.50%) Redux
2 8 (20.00%) GraphQL
2 8 (20.00%) Jest
2 8 (20.00%) Node.js
3 7 (17.50%) TensorFlow
4 6 (15.00%) Pandas
5 5 (12.50%) H2O
5 5 (12.50%) MLlib
5 5 (12.50%) Natural Language Processing
5 5 (12.50%) SciPy
6 3 (7.50%) .NET
6 3 (7.50%) scikit-learn
7 2 (5.00%) D3.js
7 2 (5.00%) Kafka
7 2 (5.00%) REST
7 2 (5.00%) Samza
7 2 (5.00%) Spring
8 1 (2.50%) iOS SDK
Miscellaneous
1 18 (45.00%) Analytical Skills
2 16 (40.00%) Data Structures
3 11 (27.50%) User Experience
4 2 (5.00%) Foreign Exchange (FX)
5 1 (2.50%) Blog
5 1 (2.50%) Client/Server
5 1 (2.50%) Fixed Income
5 1 (2.50%) Internet of Things
5 1 (2.50%) N-Tier
5 1 (2.50%) Self-Motivation
Operating Systems
1 3 (7.50%) Linux
2 2 (5.00%) Unix
3 1 (2.50%) Android
3 1 (2.50%) Apple iOS
3 1 (2.50%) Windows
Processes & Methodologies
1 19 (47.50%) Computer Science
2 17 (42.50%) Agile Software Development
3 14 (35.00%) Data Science
3 14 (35.00%) Machine Learning
4 13 (32.50%) OO
4 13 (32.50%) Problem-Solving
5 12 (30.00%) Artificial Intelligence
6 11 (27.50%) Analytics
6 11 (27.50%) OOD
6 11 (27.50%) Open Source
7 10 (25.00%) Test Automation
8 8 (20.00%) API Design
9 6 (15.00%) Mathematics
9 6 (15.00%) Physics
10 4 (10.00%) Continuous Integration
10 4 (10.00%) Multithreading
10 4 (10.00%) Statistics
10 4 (10.00%) Use Case
11 3 (7.50%) Algorithmic Trading
11 3 (7.50%) Software Engineering
Programming Languages
1 20 (50.00%) Python
2 16 (40.00%) SQL
3 11 (27.50%) JavaScript
4 9 (22.50%) ES6
5 8 (20.00%) TypeScript
6 7 (17.50%) Java
7 4 (10.00%) R
8 3 (7.50%) C++
8 3 (7.50%) Scala
9 2 (5.00%) C#
9 2 (5.00%) Java 8
10 1 (2.50%) C
10 1 (2.50%) F#
10 1 (2.50%) Go
10 1 (2.50%) Kotlin
10 1 (2.50%) PHP
10 1 (2.50%) Ruby
10 1 (2.50%) VB.NET
Qualifications
1 9 (22.50%) Degree
2 6 (15.00%) Master's Degree
3 4 (10.00%) PhD
4 3 (7.50%) Computer Science Degree
Quality Assurance & Compliance
1 1 (2.50%) Data Quality
1 1 (2.50%) QA
System Software
1 10 (25.00%) Docker
Systems Management
1 11 (27.50%) Kubernetes
2 9 (22.50%) Terraform
Vendors
1 3 (7.50%) Google
2 1 (2.50%) Bloomberg
2 1 (2.50%) Cognizant
2 1 (2.50%) Netezza
2 1 (2.50%) Oracle
2 1 (2.50%) Salesforce Marketing Cloud
2 1 (2.50%) Salesforce.com
2 1 (2.50%) Solace
2 1 (2.50%) Veracode