Algorithms Contract Job Trends in the City of London
Algorithms
Central London > City of London
The table below looks at the prevalence of the term Algorithms in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 17 October 2026, comparing them to the same period in the previous two years.
| 6 months to 17 Oct 2026 |
Same period 2025 | Same period 2024 | |
|---|---|---|---|
| Rank | 136 | 92 | 97 |
| Rank change year-on-year | -44 | +5 | +33 |
| Contract jobs citing Algorithms | 9 | 27 | 29 |
| As % of all contract jobs in the City of London | 0.42% | 1.57% | 1.37% |
| As % of the Miscellaneous category | 1.09% | 4.01% | 4.42% |
| Number of daily rates quoted | 7 | 24 | 23 |
| 10th Percentile | £623 | £400 | £520 |
| 25th Percentile | £673 | £550 | £625 |
| Median daily rate (50th Percentile) | £705 | £625 | £710 |
| Median % change year-on-year | +12.80% | -11.97% | -11.25% |
| 75th Percentile | £1,014 | £778 | £846 |
| 90th Percentile | £1,245 | £921 | £923 |
| Central London median daily rate | £684 | £625 | £710 |
| % change year-on-year | +9.40% | -11.97% | -11.25% |
All Generic Skills
City of 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 the City of London.
| 6 months to 17 Oct 2026 |
Same period 2025 | Same period 2024 | |
|---|---|---|---|
| Contract vacancies with a requirement for generic IT skills | 823 | 674 | 656 |
| As % of all contract IT jobs advertised in the City of London | 38.42% | 39.30% | 30.93% |
| Number of daily rates quoted | 544 | 482 | 408 |
| 10th Percentile | £352 | £361 | £356 |
| 25th Percentile | £456 | £457 | £463 |
| Median daily rate (50th Percentile) | £550 | £583 | £593 |
| Median % change year-on-year | -5.58% | -1.69% | -1.25% |
| 75th Percentile | £688 | £688 | £725 |
| 90th Percentile | £775 | £799 | £838 |
| Central London median daily rate | £550 | £575 | £585 |
| % change year-on-year | -4.35% | -1.71% | -2.50% |
| Number of hourly rates quoted | 12 | 8 | 2 |
| 10th Percentile | £19.28 | £16.90 | £32.05 |
| 25th Percentile | £21.75 | £19.11 | £39.63 |
| Median hourly rate | £28.07 | £24.75 | £56.00 |
| Median % change year-on-year | +13.39% | -55.80% | +55.56% |
| 75th Percentile | £47.63 | £43.39 | £76.13 |
| 90th Percentile | £64.65 | £72.53 | £85.95 |
| Central London median hourly rate | £35.82 | £25.08 | £26.40 |
| % change year-on-year | +42.85% | -5.00% | -25.65% |
Algorithms Job Vacancy Trend in the City of London
Historical trend showing the proportion of contract IT job postings citing Algorithms relative to all contract IT jobs advertised in the City of London.
Algorithms Daily Rate Trend in the City of London
Contractor daily rate distribution trend for jobs in the City of London citing Algorithms.
Algorithms Daily Rate Histogram in the City of London
Daily rate distribution for jobs citing Algorithms in the City of London over the 6 months to 17 October 2026.
Algorithms Hourly Rate Trend in the City of London
Contractor hourly rate distribution trend for jobs in the City of London citing Algorithms.
Algorithms Co-Occurring Skills & Capabilities in the City of 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 | Distributed Systems | 33.3% | 3 |
| 1 | Foreign Exchange (FX) | 33.3% | 3 |
| 3 | Derivative | 22.2% | 2 |
| 3 | Equities | 22.2% | 2 |
| 3 | Fixed Income | 22.2% | 2 |
| 6 | Analytical Mindset | 11.1% | 1 |
| 6 | Data Structures | 11.1% | 1 |
| 6 | Exotic Derivative | 11.1% | 1 |
| 6 | Legacy Systems | 11.1% | 1 |
| 6 | OTC Derivatives | 11.1% | 1 |
| 6 | Reference Data | 11.1% | 1 |