Period
to 18 May 2021

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 18 May 2021 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
18 May 2021
Same period 2020 Same period 2019
Rank 99 130 145
Rank change year-on-year +31 +15 +3
Contract jobs citing Algorithms 45 29 99
As % of all contract jobs advertised in the City of London 1.62% 0.88% 1.52%
As % of the Miscellaneous category 4.33% 2.85% 4.69%
Number of daily rates quoted 28 20 75
10th Percentile £489 £413 £438
25th Percentile £573 £422 £520
Median daily rate (50th Percentile) £602 £500 £575
Median % change year-on-year +20.30% -13.04% -4.17%
75th Percentile £638 £578 £647
90th Percentile £675 £706 £688
Central London median daily rate £602 £538 £575
% change year-on-year +11.91% -6.52% +2.22%
Number of hourly rates quoted 0 3 1
Median hourly rate - £25.00 £49.13
Median % change year-on-year - -49.11% -
Central London median hourly rate - £25.00 £49.13
% change year-on-year - -49.11% -

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 1,040 1,018 2,109
As % of all contract IT jobs advertised in the City of London 37.48% 31.03% 32.40%
Number of daily rates quoted 706 735 1,549
10th Percentile £343 £300 £325
25th Percentile £450 £413 £425
Median daily rate (50th Percentile) £550 £520 £525
Median % change year-on-year +5.77% -0.95% -
75th Percentile £650 £625 £625
90th Percentile £725 £688 £700
Central London median daily rate £550 £505 £525
% change year-on-year +8.91% -3.81% -
Number of hourly rates quoted 15 39 39
10th Percentile £8.00 £12.42 £11.25
25th Percentile £9.75 £14.50 £13.38
Median hourly rate £14.08 £27.18 £19.25
Median % change year-on-year -48.21% +41.17% -10.47%
75th Percentile £31.63 £41.48 £37.50
90th Percentile £40.70 £52.40 £44.80
Central London median hourly rate £17.98 £27.34 £19.38
% change year-on-year -34.25% +41.10% -7.74%

Algorithms
Job Vacancy Trend in the City of London

Job postings citing Algorithms as a proportion 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

3-month moving average daily rate quoted in jobs citing Algorithms in the City of London.

Daily rate trend for Algorithms in the City of London

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 18 May 2021.

Daily rate histogram for Algorithms in the City of London

Algorithms
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Algorithms in the City of London.

Hourly rate trend for Algorithms in the City of London

Algorithms
Contract Job Locations in the City of 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 City of London region over the 6 months to 18 May 2021. 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
London Bridge - 6 £600 -
Algorithms
Central London

For the 6 months to 18 May 2021, 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 36 (80.00%) Python
2 34 (75.56%) Machine Learning
3 29 (64.44%) SQL
4 27 (60.00%) Analytical Skills
5 26 (57.78%) Data Science
6 23 (51.11%) Data Analysis
7 21 (46.67%) Finance
7 21 (46.67%) Data Warehouse
8 19 (42.22%) Analytics
9 18 (40.00%) R
9 18 (40.00%) Apache Spark
10 16 (35.56%) Statistics
10 16 (35.56%) Java
11 15 (33.33%) Degree
11 15 (33.33%) AWS
11 15 (33.33%) Data Structures
12 14 (31.11%) Decision-Making
12 14 (31.11%) Problem-Solving
12 14 (31.11%) Visualisation
12 14 (31.11%) Mathematics
12 14 (31.11%) Kafka
12 14 (31.11%) Agile Software Development
13 13 (28.89%) Asset Management
13 13 (28.89%) Microsoft PowerPoint
13 13 (28.89%) Management Information System
13 13 (28.89%) VBA
13 13 (28.89%) Microsoft Excel
13 13 (28.89%) CRM
13 13 (28.89%) Business Intelligence
13 13 (28.89%) B2B

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 18 (40.00%) Apache Spark
2 13 (28.89%) Apache Airflow
2 13 (28.89%) Jupyter
3 4 (8.89%) Apache
4 1 (2.22%) GemFire
Applications
1 13 (28.89%) Microsoft Excel
1 13 (28.89%) Microsoft PowerPoint
2 1 (2.22%) Simulink
Cloud Services
1 15 (33.33%) AWS
2 8 (17.78%) Amazon Kinesis
2 8 (17.78%) Azure
3 2 (4.44%) GitHub
4 1 (2.22%) Azure Data Factory
4 1 (2.22%) Azure Machine Learning
Communications & Networking
1 8 (17.78%) HTTP
2 1 (2.22%) 3GPP
2 1 (2.22%) 4G
2 1 (2.22%) 5G
2 1 (2.22%) LTE
2 1 (2.22%) MIMO
2 1 (2.22%) Radio Access Network
2 1 (2.22%) Wireless
Database & Business Intelligence
1 21 (46.67%) Data Warehouse
2 13 (28.89%) Big Data
2 13 (28.89%) Data Lake
2 13 (28.89%) QlikView
3 8 (17.78%) Parquet
3 8 (17.78%) Snowflake Schema
4 7 (15.56%) Apache Hive
4 7 (15.56%) Hadoop
5 6 (13.33%) Impala
5 6 (13.33%) Redis
6 5 (11.11%) Hazelcast
6 5 (11.11%) Presto
7 2 (4.44%) Data Mining
8 1 (2.22%) Apache Cassandra
8 1 (2.22%) MongoDB
8 1 (2.22%) NoSQL
8 1 (2.22%) SQL Server
8 1 (2.22%) Tableau
Development Applications
1 3 (6.67%) Git (software)
2 2 (4.44%) Eclipse
2 2 (4.44%) IntelliJ
2 2 (4.44%) Jenkins
2 2 (4.44%) JIRA
2 2 (4.44%) Maven
3 1 (2.22%) MLflow
3 1 (2.22%) Subversion
General
1 27 (60.00%) Analytical Skills
2 21 (46.67%) Finance
3 13 (28.89%) Marketing
3 13 (28.89%) Presentation Skills
4 5 (11.11%) Banking
4 5 (11.11%) Investment Banking
5 2 (4.44%) Local Government
5 2 (4.44%) Public Sector
5 2 (4.44%) Retail
5 2 (4.44%) Social Skills
6 1 (2.22%) Telecoms
Job Titles
1 18 (40.00%) Data Scientist
2 15 (33.33%) Data Engineer
3 11 (24.44%) Developer
4 7 (15.56%) Java Developer
5 5 (11.11%) Oracle Developer
5 5 (11.11%) Python Engineer
5 5 (11.11%) Senior Data Engineer
6 2 (4.44%) Analyst
6 2 (4.44%) Data Analyst
6 2 (4.44%) Machine Learning Engineer
6 2 (4.44%) Python Developer
6 2 (4.44%) Senior Data Scientist
7 1 (2.22%) Applications Developer
7 1 (2.22%) Architect
7 1 (2.22%) C++ Developer
7 1 (2.22%) Designer
7 1 (2.22%) IP Designer
7 1 (2.22%) Linux Developer
7 1 (2.22%) Pricing Developer
7 1 (2.22%) Solutions Architect
Libraries, Frameworks & Software Standards
1 14 (31.11%) Kafka
2 13 (28.89%) D3.js
2 13 (28.89%) Shiny
3 8 (17.78%) HTML
3 8 (17.78%) PostGIS
3 8 (17.78%) Spring
3 8 (17.78%) Web Services
3 8 (17.78%) XML
4 5 (11.11%) Memcached
4 5 (11.11%) RESTful
4 5 (11.11%) Spring Boot
5 2 (4.44%) J2EE
5 2 (4.44%) RAML
5 2 (4.44%) Swagger
6 1 (2.22%) GraphQL
6 1 (2.22%) TensorFlow
Miscellaneous
1 15 (33.33%) Data Structures
2 13 (28.89%) Management Information System
2 13 (28.89%) Social Media
3 8 (17.78%) Self-Motivation
4 1 (2.22%) Client/Server
4 1 (2.22%) Field-Programmable Gate Array
4 1 (2.22%) Fixed Income
4 1 (2.22%) Verilog
4 1 (2.22%) VHDL
Operating Systems
1 1 (2.22%) Linux
Processes & Methodologies
1 34 (75.56%) Machine Learning
2 26 (57.78%) Data Science
3 23 (51.11%) Data Analysis
4 19 (42.22%) Analytics
5 16 (35.56%) Statistics
6 14 (31.11%) Agile Software Development
6 14 (31.11%) Decision-Making
6 14 (31.11%) Mathematics
6 14 (31.11%) Problem-Solving
6 14 (31.11%) Visualisation
7 13 (28.89%) Asset Management
7 13 (28.89%) Bayesian Methods
7 13 (28.89%) CRM
7 13 (28.89%) Data Pipeline
7 13 (28.89%) Data Sharing
7 13 (28.89%) Deep Learning
7 13 (28.89%) Digital Analytics
7 13 (28.89%) Digital Marketing
7 13 (28.89%) Investment Management
7 13 (28.89%) Mentoring
Programming Languages
1 36 (80.00%) Python
2 29 (64.44%) SQL
3 18 (40.00%) R
4 16 (35.56%) Java
5 13 (28.89%) VBA
6 12 (26.67%) Scala
7 8 (17.78%) C++
8 7 (15.56%) Java 8
9 5 (11.11%) Haskell
9 5 (11.11%) PL/SQL
10 3 (6.67%) Bash Shell
11 2 (4.44%) C
11 2 (4.44%) Go
12 1 (2.22%) MATLAB
Qualifications
1 15 (33.33%) Degree
2 1 (2.22%) Master's Degree
2 1 (2.22%) PhD
2 1 (2.22%) TOGAF Certification
Quality Assurance & Compliance
1 1 (2.22%) Data Quality
1 1 (2.22%) QA
System Software
1 3 (6.67%) Docker
Systems Management
1 2 (4.44%) Kubernetes
2 1 (2.22%) Kubeflow
2 1 (2.22%) Terraform
Vendors
1 13 (28.89%) Alteryx
1 13 (28.89%) Salesforce.com
2 5 (11.11%) Oracle
3 1 (2.22%) Databricks
3 1 (2.22%) Intel
3 1 (2.22%) Xilinx