Period
to 15 July 2018

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 15 July 2018 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
Central London > City of London
6 months to
15 Jul 2018
Same period 2017 Same period 2016
Rank 149 166 184
Rank change year-on-year +17 +18 +54
Contract jobs citing Algorithms 106 71 54
As % of all contract IT jobs advertised in the City of London 1.49% 1.09% 0.79%
As % of the Miscellaneous category 3.43% 2.63% 1.99%
Number of daily rates quoted 88 55 47
City of London median daily rate £556 £600 £575
Median daily rate % change year-on-year -7.29% +4.35% +2.22%
10th Percentile £413 £418 £312
90th Percentile £738 £738 £738
Central London median daily rate £550 £575 £588
% change year-on-year -4.35% -2.13% +6.82%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3,087 2,700 2,709
As % of all contract IT jobs advertised in the City of London 43.53% 41.45% 39.75%
Number of daily rates quoted 2,385 2,050 2,202
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% +4.11%
10th Percentile £313 £310 £300
90th Percentile £725 £676 £675
Central London median daily rate £525 £500 £473
% change year-on-year +5.00% +5.82% +5.00%
Number of hourly rates quoted 54 26 40
City of London median hourly rate £20.00 £18.85 £18.75
Median hourly rate % change year-on-year +6.10% +0.53% -8.29%
10th Percentile £12.72 £12.51 £11.25
90th Percentile £45.60 £29.88 £47.43
Central London median hourly rate £20.00 £17.00 £19.00
% change year-on-year +17.65% -10.53% -7.07%

Algorithms
Job Vacancy Trend in the City of London

Job postings citing Algorithms as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Algorithms in the City of London

Algorithms
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Algorithms in the City of London.

Contractor daily rate trend for Algorithms in the City of London

Algorithms
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Algorithms in the City of London over the 6 months to 15 July 2018.

Contractor daily rate histogram for Algorithms in the City of London

Algorithms
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Algorithms in the City of London.

Contractor hourly rate trend for Algorithms in the City of London

For the 6 months to 15 July 2018, 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 City of London region with a requirement for Algorithms.

1 62 (58.49%) Java
2 46 (43.40%) Agile Software Development
3 45 (42.45%) Python
4 36 (33.96%) Machine Learning
5 35 (33.02%) Finance
6 31 (29.25%) Banking
7 27 (25.47%) Data Science
8 24 (22.64%) Hadoop
9 23 (21.70%) SQL
10 22 (20.75%) OOP
10 22 (20.75%) Apache Spark
11 21 (19.81%) Investment Banking
12 20 (18.87%) Big Data
13 19 (17.92%) Amazon AWS
14 18 (16.98%) Data Structures
15 17 (16.04%) R
15 17 (16.04%) Java 8
16 16 (15.09%) Analytics
16 16 (15.09%) TDD
16 16 (15.09%) Front Office
17 14 (13.21%) Scala
18 13 (12.26%) E-Commerce
18 13 (12.26%) Computer Science
18 13 (12.26%) Microservices
19 12 (11.32%) Problem-Solving
19 12 (11.32%) Degree
19 12 (11.32%) Mathematics
19 12 (11.32%) OO
19 12 (11.32%) C#
19 12 (11.32%) Scrum

Algorithms
Co-occurring IT Skills in the City of 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 22 (20.75%) Apache Spark
2 10 (9.43%) Apache
3 5 (4.72%) Apache Pig
4 4 (3.77%) SAS
5 3 (2.83%) Elasticsearch
6 1 (0.94%) Apache Airflow
6 1 (0.94%) Ethereum
Applications
1 1 (0.94%) Chatbot
Cloud Services
1 19 (17.92%) Amazon AWS
2 8 (7.55%) Microsoft Azure
3 4 (3.77%) GitHub
4 1 (0.94%) AWS CloudFormation
4 1 (0.94%) Google Analytics
4 1 (0.94%) Google Cloud Platform
4 1 (0.94%) Google Play
Communications & Networking
1 4 (3.77%) HTTP
2 1 (0.94%) Internet
Database & Business Intelligence
1 24 (22.64%) Hadoop
2 20 (18.87%) Big Data
3 10 (9.43%) NoSQL
4 8 (7.55%) Apache Hive
4 8 (7.55%) Relational Database
5 7 (6.60%) Apache Cassandra
6 5 (4.72%) Data Mining
6 5 (4.72%) PostgreSQL
7 4 (3.77%) Apache Kudu
7 4 (3.77%) MongoDB
7 4 (3.77%) Power BI
7 4 (3.77%) SQL Server
8 2 (1.89%) Blockchain
8 2 (1.89%) HBase
8 2 (1.89%) RDBMS
8 2 (1.89%) Redis
8 2 (1.89%) Spotfire
8 2 (1.89%) SQL Server Integration Services
8 2 (1.89%) Sqoop
9 1 (0.94%) SQL Server Reporting Services
Development Applications
1 7 (6.60%) Git (software)
2 6 (5.66%) Jenkins
2 6 (5.66%) JUnit
3 4 (3.77%) Appium
3 4 (3.77%) Cucumber
3 4 (3.77%) Grunt
3 4 (3.77%) gulp
3 4 (3.77%) Jasmine
3 4 (3.77%) Maven
3 4 (3.77%) PhantomJS
3 4 (3.77%) Selenium
3 4 (3.77%) webpack
4 2 (1.89%) TestNG
5 1 (0.94%) Team Foundation Server
5 1 (0.94%) TeamCity
5 1 (0.94%) Visual Studio
General
1 35 (33.02%) Finance
2 31 (29.25%) Banking
3 21 (19.81%) Investment Banking
4 16 (15.09%) Front Office
5 4 (3.77%) Telecoms
6 3 (2.83%) Games
6 3 (2.83%) Marketing
6 3 (2.83%) Retail
7 1 (0.94%) Legal
Job Titles
1 66 (62.26%) Developer
2 33 (31.13%) Java Developer
3 14 (13.21%) Data Scientist
4 12 (11.32%) AWS Developer
5 11 (10.38%) Machine Learning Developer
6 7 (6.60%) Analyst
6 7 (6.60%) Data Engineer
6 7 (6.60%) Python Developer
7 6 (5.66%) Architect
7 6 (5.66%) Java Architect
7 6 (5.66%) Java Solutions Architect
7 6 (5.66%) Lead Architect
7 6 (5.66%) Lead Developer
7 6 (5.66%) Lead Java Developer
7 6 (5.66%) Lead Solutions Architect
7 6 (5.66%) React Developer
7 6 (5.66%) Scala Developer
7 6 (5.66%) Solutions Architect
8 5 (4.72%) C# Developer
8 5 (4.72%) Senior Developer
Libraries, Frameworks & Software Standards
1 11 (10.38%) .NET
2 9 (8.49%) HTML
2 9 (8.49%) Kafka
2 9 (8.49%) TensorFlow
3 8 (7.55%) HTML5
3 8 (7.55%) React
4 7 (6.60%) Natural Language Processing
4 7 (6.60%) REST
5 6 (5.66%) Node.js
5 6 (5.66%) RESTful
6 5 (4.72%) AngularJS
6 5 (4.72%) Web Services
7 4 (3.77%) Akka
7 4 (3.77%) Apache POI
7 4 (3.77%) CSS
7 4 (3.77%) Gherkin
7 4 (3.77%) Jest
7 4 (3.77%) Redux
7 4 (3.77%) Sass
7 4 (3.77%) WCF
Miscellaneous
1 18 (16.98%) Data Structures
2 13 (12.26%) Computer Science
3 10 (9.43%) Analytical Skills
3 10 (9.43%) Foreign Exchange (FX)
4 8 (7.55%) Equities
5 6 (5.66%) Derivative
5 6 (5.66%) Minimum Viable Product
6 5 (4.72%) Fintech
6 5 (4.72%) Greenfield Project
6 5 (4.72%) User Experience
7 4 (3.77%) Equity Derivative
7 4 (3.77%) Fixed Income
7 4 (3.77%) Mobile App
8 2 (1.89%) Blog
9 1 (0.94%) Bitcoin
9 1 (0.94%) Management Information System
9 1 (0.94%) N-Tier
9 1 (0.94%) Replication
9 1 (0.94%) Social Network
9 1 (0.94%) VWAP
Operating Systems
1 11 (10.38%) Linux
2 9 (8.49%) Unix
3 7 (6.60%) Apple iOS
4 4 (3.77%) CentOS
4 4 (3.77%) DC/OS
4 4 (3.77%) Ubuntu
5 2 (1.89%) Windows
5 2 (1.89%) Windows Server
6 1 (0.94%) Android
Processes & Methodologies
1 46 (43.40%) Agile Software Development
2 36 (33.96%) Machine Learning
3 27 (25.47%) Data Science
4 22 (20.75%) OOP
5 16 (15.09%) Analytics
5 16 (15.09%) TDD
6 13 (12.26%) E-Commerce
6 13 (12.26%) Microservices
7 12 (11.32%) Mathematics
7 12 (11.32%) OO
7 12 (11.32%) Problem-Solving
7 12 (11.32%) Scrum
8 11 (10.38%) Multithreading
9 10 (9.43%) Kanban
9 10 (9.43%) Performance Tuning
10 9 (8.49%) Artificial Intelligence
10 9 (8.49%) SDLC
10 9 (8.49%) Test Automation
10 9 (8.49%) Visualisation
11 8 (7.55%) Multithreaded Programming
Programming Languages
1 62 (58.49%) Java
2 45 (42.45%) Python
3 23 (21.70%) SQL
4 17 (16.04%) Java 8
4 17 (16.04%) R
5 14 (13.21%) Scala
6 12 (11.32%) C#
7 10 (9.43%) C++
8 9 (8.49%) MATLAB
9 6 (5.66%) JavaScript
10 3 (2.83%) C
11 2 (1.89%) Bash Shell
11 2 (1.89%) Julia
11 2 (1.89%) Perl
11 2 (1.89%) PL/SQL
12 1 (0.94%) ES6
12 1 (0.94%) Kotlin
12 1 (0.94%) PHP
12 1 (0.94%) Ruby
12 1 (0.94%) T-SQL
Qualifications
1 12 (11.32%) Degree
2 10 (9.43%) PhD
3 6 (5.66%) Computer Science Degree
4 2 (1.89%) Master's Degree
Quality Assurance & Compliance
1 6 (5.66%) QA
2 2 (1.89%) Data Quality
2 2 (1.89%) MiFID
3 1 (0.94%) ISO/IEC 27001
System Software
1 12 (11.32%) Docker
2 4 (3.77%) Apache Flume
2 4 (3.77%) HDFS
Systems Management
1 5 (4.72%) Kubernetes
2 4 (3.77%) Mesos
2 4 (3.77%) Opscode Chef
3 1 (0.94%) Terraform
Vendors
1 6 (5.66%) Tableau
2 5 (4.72%) Google
3 4 (3.77%) Oracle
4 3 (2.83%) Alteryx
4 3 (2.83%) MapR
5 2 (1.89%) Hortonworks
5 2 (1.89%) Informatica
5 2 (1.89%) Talend
6 1 (0.94%) Fidessa
6 1 (0.94%) Microsoft
6 1 (0.94%) Splunk
6 1 (0.94%) Telerik