Period
to 19 January 2020

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 19 January 2020 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
19 Jan 2020
Same period 2019 Same period 2018
Rank 133 135 165
Rank change year-on-year +2 +30 +8
Contract jobs citing Algorithms 60 127 92
As % of all contract IT jobs advertised in the City of London 1.23% 1.88% 1.30%
As % of the Miscellaneous category 3.71% 4.74% 3.15%
Number of daily rates quoted 49 91 78
City of London median daily rate £550 £600 £625
Median daily rate % change year-on-year -8.33% -4.00% +5.04%
10th Percentile £410 £409 £463
90th Percentile £753 £800 £813
Central London median daily rate £550 £600 £600
% change year-on-year -8.33% - +0.84%
Number of hourly rates quoted 3 0 0
City of London median hourly rate £25.00 - -
Central London median hourly rate £25.00 - -

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 1,616 2,678 2,921
As % of all contract IT jobs advertised in the City of London 33.01% 39.61% 41.18%
Number of daily rates quoted 1,230 2,025 2,296
City of London median daily rate £525 £525 £525
10th Percentile £290 £281 £320
90th Percentile £700 £700 £725
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +10.53%
Number of hourly rates quoted 33 54 36
City of London median hourly rate £21.00 £18.70 £27.30
Median hourly rate % change year-on-year +12.30% -31.49% +43.66%
10th Percentile £12.08 £13.09 £14.91
90th Percentile £52.25 £35.86 £41.63
Central London median hourly rate £21.28 £19.25 £27.09
% change year-on-year +10.55% -28.94% +44.67%

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 19 January 2020.

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

Algorithms
Contractor Hourly Rate Histogram in the City of London

The hourly rate distribution of IT jobs citing Algorithms in the City of London over the 6 months to 19 January 2020.

Contractor hourly rate histogram for Algorithms in the City of London

For the 6 months to 19 January 2020, 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 35 (58.33%) Python
2 28 (46.67%) Data Science
3 26 (43.33%) Machine Learning
4 25 (41.67%) Java
4 25 (41.67%) Computer Science
5 23 (38.33%) Agile Software Development
6 18 (30.00%) Artificial Intelligence
7 16 (26.67%) AWS
7 16 (26.67%) Natural Language Processing
8 15 (25.00%) Data Structures
8 15 (25.00%) Degree
8 15 (25.00%) SQL
9 13 (21.67%) OO
10 12 (20.00%) Azure
10 12 (20.00%) Open Source
10 12 (20.00%) Big Data
11 11 (18.33%) Microservices
11 11 (18.33%) PhD
11 11 (18.33%) TDD
12 10 (16.67%) Mathematics
12 10 (16.67%) Apache Spark
12 10 (16.67%) Analytical Skills
12 10 (16.67%) R
13 9 (15.00%) NoSQL
13 9 (15.00%) Analytics
13 9 (15.00%) DevOps
13 9 (15.00%) Test Automation
13 9 (15.00%) RESTful
13 9 (15.00%) C++
13 9 (15.00%) Problem-Solving

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 10 (16.67%) Apache Spark
2 4 (6.67%) Elasticsearch
3 2 (3.33%) ArcGIS
3 2 (3.33%) Cloud Foundry
3 2 (3.33%) Confluence
3 2 (3.33%) DNN
3 2 (3.33%) Ethereum
3 2 (3.33%) Hyperledger
3 2 (3.33%) Jupyter
3 2 (3.33%) OpenStack
4 1 (1.67%) Apache Airflow
4 1 (1.67%) Drupal
Business Applications
1 2 (3.33%) Distributed Ledger
1 2 (3.33%) R3 Corda
2 1 (1.67%) FINCAD Analytics
Cloud Services
1 16 (26.67%) AWS
2 12 (20.00%) Azure
3 8 (13.33%) GCP
4 3 (5.00%) Amazon S3
4 3 (5.00%) Cloud Computing
5 2 (3.33%) Amazon EC2
5 2 (3.33%) Amazon ELB
5 2 (3.33%) AWS Lambda
5 2 (3.33%) IaaS
5 2 (3.33%) OpenShift
5 2 (3.33%) PaaS
5 2 (3.33%) Power Platform
5 2 (3.33%) SaaS
5 2 (3.33%) Serverless
6 1 (1.67%) Amazon SQS
6 1 (1.67%) AWS Step Functions
Communications & Networking
1 2 (3.33%) HTTP
1 2 (3.33%) Peer-to-Peer Networking
1 2 (3.33%) VPN
Database & Business Intelligence
1 12 (20.00%) Big Data
2 9 (15.00%) NoSQL
3 8 (13.33%) Hadoop
4 6 (10.00%) Redis
5 4 (6.67%) PostgreSQL
6 3 (5.00%) Apache Hive
6 3 (5.00%) Impala
6 3 (5.00%) Relational Database
7 2 (3.33%) BigQuery
7 2 (3.33%) Blockchain
7 2 (3.33%) Data Lake
7 2 (3.33%) Flink
7 2 (3.33%) GIS
7 2 (3.33%) MySQL
7 2 (3.33%) Neo4j
7 2 (3.33%) Power BI
7 2 (3.33%) QGIS
8 1 (1.67%) KDB
8 1 (1.67%) MongoDB
8 1 (1.67%) SQL Server
Development Applications
1 6 (10.00%) JUnit
1 6 (10.00%) TestNG
2 4 (6.67%) Git (software)
3 2 (3.33%) Jenkins
3 2 (3.33%) JIRA
3 2 (3.33%) Subversion
3 2 (3.33%) TeamCity
4 1 (1.67%) Cucumber
4 1 (1.67%) Maven
General
1 8 (13.33%) Banking
1 8 (13.33%) Finance
2 4 (6.67%) Marketing
3 3 (5.00%) Front Office
3 3 (5.00%) Investment Banking
3 3 (5.00%) Law
4 2 (3.33%) Advertising
4 2 (3.33%) Telecoms
5 1 (1.67%) Financial Institution
5 1 (1.67%) Games
5 1 (1.67%) Public Sector
5 1 (1.67%) Publishing
5 1 (1.67%) Retail
Job Titles
1 24 (40.00%) Developer
2 21 (35.00%) Data Scientist
3 7 (11.67%) Java Developer
4 5 (8.33%) Machine Learning Scientist
4 5 (8.33%) Python Developer
4 5 (8.33%) Senior Developer
5 4 (6.67%) Data Engineer
6 3 (5.00%) AWS Developer
6 3 (5.00%) C# Developer
6 3 (5.00%) Python Engineer
7 2 (3.33%) Architect
7 2 (3.33%) Blockchain Developer
7 2 (3.33%) Data Architect
7 2 (3.33%) Java Engineer
7 2 (3.33%) Senior Data Scientist
7 2 (3.33%) Software Engineer
8 1 (1.67%) Data Analytics Engineer
8 1 (1.67%) React Developer
8 1 (1.67%) Senior Data Engineer
8 1 (1.67%) Senior React Developer
Libraries, Frameworks & Software Standards
1 16 (26.67%) Natural Language Processing
2 9 (15.00%) RESTful
3 6 (10.00%) SciPy
4 5 (8.33%) .NET
4 5 (8.33%) Pandas
4 5 (8.33%) TensorFlow
5 4 (6.67%) AngularJS
5 4 (6.67%) MLlib
5 4 (6.67%) NumPy
5 4 (6.67%) scikit-learn
6 3 (5.00%) D3.js
6 3 (5.00%) OpenNLP
6 3 (5.00%) REST
6 3 (5.00%) Spring
7 2 (3.33%) .NET Framework
7 2 (3.33%) Qt
7 2 (3.33%) React
7 2 (3.33%) Samza
7 2 (3.33%) STL
8 1 (1.67%) Laravel
Miscellaneous
1 15 (25.00%) Data Structures
2 10 (16.67%) Analytical Skills
3 4 (6.67%) User Experience
4 3 (5.00%) Market Risk
5 2 (3.33%) Greenfield Project
6 1 (1.67%) Client/Server
6 1 (1.67%) Derivative
6 1 (1.67%) Equities
6 1 (1.67%) Fixed Income
6 1 (1.67%) Foreign Exchange (FX)
6 1 (1.67%) Hedge funds
6 1 (1.67%) Online Games
6 1 (1.67%) Robotics
Operating Systems
1 2 (3.33%) Linux
2 1 (1.67%) Unix
2 1 (1.67%) Windows
Processes & Methodologies
1 28 (46.67%) Data Science
2 26 (43.33%) Machine Learning
3 25 (41.67%) Computer Science
4 23 (38.33%) Agile Software Development
5 18 (30.00%) Artificial Intelligence
6 13 (21.67%) OO
7 12 (20.00%) Open Source
8 11 (18.33%) Microservices
8 11 (18.33%) TDD
9 10 (16.67%) Mathematics
10 9 (15.00%) Analytics
10 9 (15.00%) DevOps
10 9 (15.00%) Problem-Solving
10 9 (15.00%) Test Automation
11 8 (13.33%) OOP
11 8 (13.33%) Statistics
12 7 (11.67%) Complexity Analysis
12 7 (11.67%) Low Latency
12 7 (11.67%) Visualisation
13 6 (10.00%) Computer Vision
Programming Languages
1 35 (58.33%) Python
2 25 (41.67%) Java
3 15 (25.00%) SQL
4 10 (16.67%) R
5 9 (15.00%) C++
6 7 (11.67%) Java 8
7 6 (10.00%) C#
7 6 (10.00%) JavaScript
7 6 (10.00%) Scala
8 2 (3.33%) C
8 2 (3.33%) MATLAB
8 2 (3.33%) PHP
9 1 (1.67%) F#
9 1 (1.67%) Go
9 1 (1.67%) HiveQL
Qualifications
1 15 (25.00%) Degree
2 11 (18.33%) PhD
3 7 (11.67%) Master's Degree
4 4 (6.67%) Computer Science Degree
5 1 (1.67%) Numerate Degree
Quality Assurance & Compliance
1 2 (3.33%) QA
System Software
1 4 (6.67%) Docker
2 2 (3.33%) HDFS
Systems Management
1 2 (3.33%) Ansible
1 2 (3.33%) Kibana
1 2 (3.33%) Kubernetes
1 2 (3.33%) Puppet
2 1 (1.67%) Hadoop YARN
Vendors
1 3 (5.00%) Google
2 2 (3.33%) Cloudera
2 2 (3.33%) Microsoft
2 2 (3.33%) Oracle
3 1 (1.67%) Ab Initio
3 1 (1.67%) Automation Anywhere
3 1 (1.67%) Bloomberg
3 1 (1.67%) Blue Prism
3 1 (1.67%) Facebook
3 1 (1.67%) Tableau
3 1 (1.67%) Teradata
3 1 (1.67%) UiPath
3 1 (1.67%) Zend