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 30 June 2022 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 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
1,459
1,232
889
As % of all contract IT jobs advertised in the City of London
33.83%
39.21%
32.61%
Number of daily rates quoted
1,033
863
633
10th Percentile
£400
£375
£307
25th Percentile
£495
£463
£414
Median daily rate (50th Percentile)
£585
£575
£525
Median % change year-on-year
+1.74%
+9.52%
-
75th Percentile
£706
£675
£625
90th Percentile
£825
£738
£688
Central London median daily rate
£575
£575
£525
% change year-on-year
-
+9.52%
-
Number of hourly rates quoted
29
20
28
10th Percentile
£18.50
£8.00
£12.42
25th Percentile
£29.25
£12.16
£14.75
Median hourly rate
£45.50
£23.25
£29.88
Median % change year-on-year
+95.70%
-22.18%
+45.73%
75th Percentile
£55.25
£37.38
£39.25
90th Percentile
£63.15
£42.33
£50.38
Central London median hourly rate
£45.50
£20.00
£32.88
% change year-on-year
+127.50%
-39.16%
+58.43%
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 30 June 2022.
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 Hourly Rate Histogram in the City of London
Hourly rate distribution of jobs citing Algorithms in the City of London over the 6 months to 30 June 2022.
Algorithms Top 30 Co-occurring IT Skills in the City of London
For the 6 months to 30 June 2022, 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.
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:
