Algorithms
Central London > City of London
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 27 April 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 27 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 101 | 146 | 164 |
| Rank change year-on-year | +45 | +18 | -45 |
| Contract jobs citing Algorithms | 24 | 26 | 31 |
| As % of all contract jobs advertised in the City of London | 1.09% | 0.71% | 0.73% |
| As % of the Miscellaneous category | 3.52% | 1.99% | 2.05% |
| Number of daily rates quoted | 16 | 12 | 20 |
| 10th Percentile | £484 | £451 | £596 |
| 25th Percentile | £548 | £463 | £606 |
| Median daily rate (50th Percentile) | £678 | £528 | £700 |
| Median % change year-on-year | +28.44% | -24.64% | +16.67% |
| 75th Percentile | £742 | £652 | £775 |
| 90th Percentile | £914 | £833 | £832 |
| Central London median daily rate | £678 | £525 | £700 |
| % change year-on-year | +29.05% | -25.00% | +16.67% |
| Number of hourly rates quoted | 1 | 0 | 4 |
| 10th Percentile | - | - | - |
| 25th Percentile | £46.75 | - | £18.50 |
| Median hourly rate | £48.50 | - | £32.25 |
| 75th Percentile | £50.25 | - | £50.50 |
| 90th Percentile | - | - | £57.25 |
| Central London median hourly rate | £48.50 | - | £32.25 |
All Generic Skills
City of London
Algorithms is in the General and Transferable 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.
| Contract vacancies with a requirement for generic IT skills | 682 | 1,305 | 1,509 |
| As % of all contract IT jobs advertised in the City of London | 30.97% | 35.88% | 35.65% |
| Number of daily rates quoted | 465 | 891 | 1,104 |
| 10th Percentile | £279 | £350 | £410 |
| 25th Percentile | £425 | £500 | £500 |
| Median daily rate (50th Percentile) | £575 | £625 | £575 |
| Median % change year-on-year | -8.00% | +8.70% | +4.55% |
| 75th Percentile | £700 | £750 | £700 |
| 90th Percentile | £845 | £860 | £805 |
| Central London median daily rate | £575 | £603 | £575 |
| % change year-on-year | -4.56% | +4.78% | +4.55% |
| Number of hourly rates quoted | 9 | 12 | 24 |
| 10th Percentile | £12.75 | £16.97 | £20.53 |
| 25th Percentile | £16.00 | £31.31 | £38.75 |
| Median hourly rate | £23.00 | £43.25 | £48.00 |
| Median % change year-on-year | -46.82% | -9.90% | +167.04% |
| 75th Percentile | £27.50 | £88.30 | £61.75 |
| 90th Percentile | £54.95 | - | £64.78 |
| Central London median hourly rate | £23.00 | £35.00 | £48.00 |
| % change year-on-year | -34.29% | -27.08% | +140.00% |
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.
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.
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 27 April 2024.
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.
Algorithms
Co-occurring Skills and Capabilities in the City of London by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: