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 November 2026, comparing them to the same period in the previous two years.
| 6 months to 1 Nov 2026 |
Same period 2025 | Same period 2024 | |
|---|---|---|---|
| Rank | 133 | 106 | 97 |
| Rank change year-on-year | -27 | -9 | +29 |
| Contract jobs citing Algorithms | 13 | 24 | 32 |
| As % of all contract jobs in Central London | 0.57% | 1.28% | 1.37% |
| As % of the Miscellaneous category | 1.41% | 3.36% | 4.35% |
| Number of daily rates quoted | 11 | 20 | 27 |
| 10th Percentile | £203 | £400 | £469 |
| 25th Percentile | £383 | £526 | £583 |
| Median daily rate (50th Percentile) | £675 | £625 | £705 |
| Median % change year-on-year | +8.00% | -11.35% | -11.88% |
| 75th Percentile | £745 | £798 | £815 |
| 90th Percentile | £1,245 | £932 | £940 |
| London median daily rate | £684 | £585 | £625 |
| % change year-on-year | +16.88% | -6.40% | -10.71% |
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 citing generic IT skills in Central London.
| 6 months to 1 Nov 2026 |
Same period 2025 | Same period 2024 | |
|---|---|---|---|
| Contract vacancies citing generic IT skills | 922 | 715 | 735 |
| As % of all contract jobs advertised in Central London | 40.24% | 38.17% | 31.45% |
| Number of daily rates quoted | 616 | 527 | 471 |
| 10th Percentile | £346 | £357 | £355 |
| 25th Percentile | £454 | £441 | £463 |
| Median daily rate (50th Percentile) | £550 | £550 | £578 |
| Median % change year-on-year | - | -4.76% | -3.75% |
| 75th Percentile | £675 | £688 | £711 |
| 90th Percentile | £763 | £775 | £838 |
| London median daily rate | £550 | £550 | £575 |
| % change year-on-year | - | -4.35% | -4.17% |
| Number of hourly rates quoted | 22 | 9 | 3 |
| 10th Percentile | £20.05 | £16.96 | £25.72 |
| 25th Percentile | £25.00 | £19.79 | £26.20 |
| Median hourly rate | £38.91 | £27.50 | £27.00 |
| Median % change year-on-year | +41.49% | +1.85% | -22.86% |
| 75th Percentile | £64.25 | £36.00 | £59.75 |
| 90th Percentile | £148.68 | £70.21 | £79.40 |
| London median hourly rate | £36.00 | £26.30 | £34.50 |
| % change year-on-year | +36.88% | -23.77% | +15.00% |
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 Daily Rate Trend in Central London
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 November 2026.
Algorithms Hourly Rate Trend in Central London
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 November 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 |
Job Ads Past 6 Months |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| City of London | -30 | 10 | £699 | +11.80% | 10 |
| Lambeth | - | 3 | £225 | - | |
| Algorithms London |
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Algorithms Co-Occurring Skills & Capabilities in Central London by Category
The table below expands on the one above by listing co-occurrences one category at a time. It covers the same employment type, locality and period, with up to 20 co-occurrences in each category.
Miscellaneous
| Rank | Skill | Share | Job Ads |
|---|---|---|---|
| 1 | Derivative | 23.1% | 3 |
| 1 | Distributed Systems | 23.1% | 3 |
| 1 | Foreign Exchange (FX) | 23.1% | 3 |
| 4 | Data Structures | 15.4% | 2 |
| 4 | Equities | 15.4% | 2 |
| 4 | Fixed Income | 15.4% | 2 |
| 4 | Reference Data | 15.4% | 2 |
| 8 | Analytical Mindset | 7.7% | 1 |
| 8 | Exotic Derivative | 7.7% | 1 |
| 8 | Legacy Systems | 7.7% | 1 |
| 8 | OTC Derivatives | 7.7% | 1 |