Period
to 14 August 2020

The median contractor rate for a Data Scientist was £550 per day in advertised job vacancies in Central London during the 6 months to 14 August 2020.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Data Scientist
London > Central London
6 months to
14 Aug 2020
Same period 2019 Same period 2018
Rank 118 211 238
Rank change year-on-year +93 +27 -6
Contract jobs requiring a Data Scientist 19 66 59
As % of all contract jobs advertised in Central London 0.75% 0.79% 0.65%
As % of the Job Titles category 0.80% 0.84% 0.68%
Number of daily rates quoted 13 50 44
Median daily rate £550 £600 £550
Median daily rate % change year-on-year -8.33% +9.09% -4.76%
10th Percentile £433 £474 £438
90th Percentile £685 £694 £634
London median daily rate £550 £575 £550
% change year-on-year -4.35% +4.55% -
Number of hourly rates quoted 1 1 0
Median hourly rate £38.50 £35.00 -
Median hourly rate % change year-on-year +10.00% - -
London median hourly rate £38.50 £35.00 -
% change year-on-year +10.00% - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Central London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
Central London
Contract vacancies in Central London with a recognized job title 2,371 7,856 8,692
% of contract IT jobs with a recognized job title 93.38% 94.38% 95.19%
Number of daily rates quoted 1,648 6,085 6,717
Median daily rate £500 £513 £500
Median daily rate % change year-on-year -2.44% +2.50% +1.01%
10th Percentile £313 £325 £313
90th Percentile £675 £672 £675
London median daily rate £513 £500 £500
% change year-on-year +2.50% - +5.15%
Number of hourly rates quoted 46 89 147
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +0.05%
10th Percentile £15.75 £11.65 £13.24
90th Percentile £47.75 £57.20 £32.40
Median hourly rate £35.00 £21.00 £20.00
% change year-on-year +66.67% +5.00% -5.77%

Data Scientist
Job Vacancy Trend in Central London

Job postings that featured Data Scientist in the job title as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Data Scientist in Central London

Data Scientist
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Data Scientist in Central London

Data Scientist
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Data Scientist in Central London over the 6 months to 14 August 2020.

Daily rate histogram for Data Scientist in Central London

Data Scientist
Contractor Hourly Rate Trend in Central London

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

Hourly rate trend for Data Scientist in Central London

Data Scientist
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 Data Scientist within the Central London region over the 6 months to 14 August 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 +61 15 £538 -10.42% 6
West End of London +18 1 - -
Data Scientist
London

Data Scientist Skill Set
Top 30 Co-occurring IT Skills in Central London

For the 6 months to 14 August 2020, Data Scientist contract jobs required the following IT 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 featuring Data Scientist in the job title.

1 19 (100.00%) Data Science
2 17 (89.47%) Python
3 10 (52.63%) SQL
3 10 (52.63%) R
3 10 (52.63%) Machine Learning
3 10 (52.63%) Analytics
4 8 (42.11%) Apache Spark
5 7 (36.84%) Algorithms
5 7 (36.84%) TensorFlow
5 7 (36.84%) Power Platform
5 7 (36.84%) Power BI
5 7 (36.84%) Statistics
5 7 (36.84%) Mathematics
5 7 (36.84%) Computer Science
6 6 (31.58%) Degree
6 6 (31.58%) Visualisation
6 6 (31.58%) Business Intelligence
6 6 (31.58%) Big Data
7 5 (26.32%) Tableau
7 5 (26.32%) SAS
7 5 (26.32%) Artificial Intelligence
8 4 (21.05%) Physics
8 4 (21.05%) Azure
8 4 (21.05%) Hadoop
8 4 (21.05%) Agile Software Development
8 4 (21.05%) Data Analytics
9 3 (15.79%) Analytical Skills
9 3 (15.79%) Pandas
9 3 (15.79%) Deep Learning
9 3 (15.79%) MLlib

Data Scientist Skill Set
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 8 (42.11%) Apache Spark
2 5 (26.32%) SAS
Applications
1 2 (10.53%) Microsoft Excel
2 1 (5.26%) Chatbot
2 1 (5.26%) Microsoft PowerPoint
Cloud Services
1 7 (36.84%) Power Platform
2 4 (21.05%) Azure
3 3 (15.79%) AWS
4 2 (10.53%) GCP
5 1 (5.26%) Adobe Analytics
5 1 (5.26%) Amazon SageMaker
5 1 (5.26%) Google Analytics
5 1 (5.26%) Office 365
Database & Business Intelligence
1 7 (36.84%) Power BI
2 6 (31.58%) Big Data
3 4 (21.05%) Hadoop
4 3 (15.79%) SAS EBI
5 2 (10.53%) Apache Hive
5 2 (10.53%) Data Mining
5 2 (10.53%) Looker
5 2 (10.53%) SQL Server
5 2 (10.53%) SQLBase
6 1 (5.26%) Amazon Redshift
6 1 (5.26%) BusinessObjects
6 1 (5.26%) Flink
6 1 (5.26%) Impala
6 1 (5.26%) MongoDB
6 1 (5.26%) Pentaho
6 1 (5.26%) SAS Enterprise Miner
Development Applications
1 1 (5.26%) Artifactory
1 1 (5.26%) Bitbucket
1 1 (5.26%) Git (software)
1 1 (5.26%) Jenkins
1 1 (5.26%) Maven
General
1 2 (10.53%) Finance
2 1 (5.26%) Financial Institution
2 1 (5.26%) Games
2 1 (5.26%) Law
2 1 (5.26%) Marketing
2 1 (5.26%) Retail
2 1 (5.26%) Telecoms
Libraries, Frameworks & Software Standards
1 7 (36.84%) TensorFlow
2 3 (15.79%) H2O
2 3 (15.79%) MLlib
2 3 (15.79%) Natural Language Processing
2 3 (15.79%) Pandas
2 3 (15.79%) SciPy
3 1 (5.26%) Anaconda
3 1 (5.26%) Keras
3 1 (5.26%) MXNet
3 1 (5.26%) Samza
3 1 (5.26%) scikit-learn
3 1 (5.26%) Shiny
Miscellaneous
1 7 (36.84%) Algorithms
2 3 (15.79%) Analytical Skills
3 1 (5.26%) Analytical Mindset
3 1 (5.26%) Social Media
3 1 (5.26%) User Experience
Operating Systems
1 1 (5.26%) Unix
Processes & Methodologies
1 19 (100.00%) Data Science
2 10 (52.63%) Analytics
2 10 (52.63%) Machine Learning
3 7 (36.84%) Computer Science
3 7 (36.84%) Mathematics
3 7 (36.84%) Statistics
4 6 (31.58%) Business Intelligence
4 6 (31.58%) Visualisation
5 5 (26.32%) Artificial Intelligence
6 4 (21.05%) Agile Software Development
6 4 (21.05%) Data Analytics
6 4 (21.05%) Physics
7 3 (15.79%) Data Analysis
7 3 (15.79%) Deep Learning
7 3 (15.79%) Open Source
7 3 (15.79%) Statistical Analysis
8 2 (10.53%) Data Architecture
8 2 (10.53%) Operations Research
8 2 (10.53%) Predictive Modelling
8 2 (10.53%) Use Case
Programming Languages
1 17 (89.47%) Python
2 10 (52.63%) R
2 10 (52.63%) SQL
3 2 (10.53%) Java
3 2 (10.53%) VBA
4 1 (5.26%) C#
4 1 (5.26%) C++
4 1 (5.26%) Scala
Qualifications
1 6 (31.58%) Degree
2 3 (15.79%) PhD
3 2 (10.53%) Master's Degree
3 2 (10.53%) Numerate Degree
Systems Management
1 1 (5.26%) Ansible
1 1 (5.26%) Terraform
Vendors
1 5 (26.32%) Tableau
2 2 (10.53%) Alteryx
3 1 (5.26%) Adobe
3 1 (5.26%) Bloomberg
3 1 (5.26%) Cloudera
3 1 (5.26%) Google
3 1 (5.26%) Microsoft
3 1 (5.26%) Oracle
3 1 (5.26%) Reuters