Algorithms Contracts in the City of London

Algorithms
Central London > City of London

The table below looks at the prevalence of the term Algorithms in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 97 103 152
Rank change year-on-year +6 +49 +10
Contract jobs citing Algorithms 22 24 26
As % of all contract jobs advertised in the City of London 1.25% 1.09% 0.71%
As % of the Miscellaneous category 3.59% 3.55% 1.99%
Number of daily rates quoted 13 16 12
10th Percentile - £484 £451
25th Percentile £538 £548 £463
Median daily rate (50th Percentile) £675 £678 £528
Median % change year-on-year -0.37% +28.44% -24.64%
75th Percentile £763 £742 £652
90th Percentile £905 £914 £833
Central London median daily rate £575 £678 £525
% change year-on-year -15.13% +29.05% -25.00%
Number of hourly rates quoted 0 1 0
Median hourly rate - £48.50 -
Central London median hourly rate - £48.50 -

All Generic Skills
City of London

Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in the City of London.

Contract vacancies with a requirement for generic IT skills 612 676 1,304
As % of all contract IT jobs advertised in the City of London 34.85% 30.77% 35.79%
Number of daily rates quoted 383 462 889
10th Percentile £363 £276 £350
25th Percentile £475 £425 £499
Median daily rate (50th Percentile) £588 £575 £625
Median % change year-on-year +2.17% -8.00% +8.70%
75th Percentile £700 £700 £750
90th Percentile £800 £849 £861
Central London median daily rate £575 £575 £605
% change year-on-year - -4.96% +5.22%
Number of hourly rates quoted 3 7 12
10th Percentile £23.80 £12.75 £16.97
25th Percentile £26.50 £14.38 £31.31
Median hourly rate £31.00 £23.00 £43.25
Median % change year-on-year +34.78% -46.82% -9.90%
75th Percentile £65.50 £27.25 £88.30
90th Percentile £86.20 £36.60 -
Central London median hourly rate £29.07 £23.00 £35.00
% change year-on-year +26.39% -34.29% -27.08%

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 1 May 2025.

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
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:

Application Platforms
1 6 (27.27%) Apache Spark
2 1 (4.55%) Oracle SOA Suite
Cloud Services
1 4 (18.18%) Azure
2 2 (9.09%) AWS
2 2 (9.09%) GCP
2 2 (9.09%) Power Platform
3 1 (4.55%) Azure DevOps
3 1 (4.55%) GitHub
3 1 (4.55%) GitHub Actions
Communications & Networking
1 1 (4.55%) Multicast
1 1 (4.55%) S/MIME
1 1 (4.55%) SSL
Database & Business Intelligence
1 3 (13.64%) Apache Hive
1 3 (13.64%) Hadoop
2 2 (9.09%) Data Mining
2 2 (9.09%) Power BI
2 2 (9.09%) Tableau
3 1 (4.55%) Big Data
3 1 (4.55%) Data Warehouse
3 1 (4.55%) KDB
3 1 (4.55%) MySQL
3 1 (4.55%) NoSQL
3 1 (4.55%) Relational Database
Development Applications
1 4 (18.18%) Git
2 2 (9.09%) Bitbucket Server
2 2 (9.09%) Jenkins
2 2 (9.09%) JIRA
2 2 (9.09%) JUnit
General
1 10 (45.45%) Finance
2 9 (40.91%) Analytical Skills
3 7 (31.82%) Social Skills
4 5 (22.73%) Front Office
5 4 (18.18%) Banking
5 4 (18.18%) Financial Institution
6 2 (9.09%) Marketing
6 2 (9.09%) Police
6 2 (9.09%) Presentation Skills
6 2 (9.09%) Public Sector
6 2 (9.09%) Telecoms
7 1 (4.55%) Advertising
7 1 (4.55%) Investment Banking
Job Titles
1 6 (27.27%) Data Scientist
1 6 (27.27%) Developer
2 5 (22.73%) Lead
2 5 (22.73%) Senior
3 3 (13.64%) Architect
3 3 (13.64%) Security Architect
3 3 (13.64%) Senior Developer
3 3 (13.64%) Software Engineer
4 2 (9.09%) Java Developer
4 2 (9.09%) Lead Data Scientist
4 2 (9.09%) Python Developer
4 2 (9.09%) Senior Architect
4 2 (9.09%) Senior Data Scientist
4 2 (9.09%) Senior Security Architect
4 2 (9.09%) Technical Leader
5 1 (4.55%) Algorithm Engineer
5 1 (4.55%) C++/C# Developer
5 1 (4.55%) Data Science Developer
5 1 (4.55%) Gen AI Specialist
5 1 (4.55%) Java Engineer
Libraries, Frameworks & Software Standards
1 6 (27.27%) TensorFlow
2 5 (22.73%) PySpark
3 3 (13.64%) .NET
3 3 (13.64%) Pandas
4 2 (9.09%) .NET Core
4 2 (9.09%) scikit-learn
5 1 (4.55%) ASP.NET
5 1 (4.55%) Blazor
5 1 (4.55%) CSS
5 1 (4.55%) FIX Protocol
5 1 (4.55%) HTML
5 1 (4.55%) jQuery
5 1 (4.55%) Kafka
5 1 (4.55%) NumPy
5 1 (4.55%) REST
5 1 (4.55%) SciPy
5 1 (4.55%) SOAP
5 1 (4.55%) Spring
5 1 (4.55%) WCF
5 1 (4.55%) Web Services
Miscellaneous
1 3 (13.64%) Credit Risk
2 2 (9.09%) Data Structures
2 2 (9.09%) Distributed Computing
2 2 (9.09%) Foreign Exchange (FX)
2 2 (9.09%) Multi-touch
2 2 (9.09%) TWAP
2 2 (9.09%) VWAP
3 1 (4.55%) Enterprise Software
3 1 (4.55%) Fixed Income
3 1 (4.55%) Low-Code
3 1 (4.55%) PKI
Operating Systems
1 4 (18.18%) Linux
2 3 (13.64%) Unix
3 1 (4.55%) Windows
Processes & Methodologies
1 11 (50.00%) Machine Learning
2 9 (40.91%) Problem-Solving
3 8 (36.36%) Data Science
4 6 (27.27%) Artificial Intelligence
4 6 (27.27%) Low Latency
5 5 (22.73%) Actionable Insight
5 5 (22.73%) Agile
5 5 (22.73%) Analytics
5 5 (22.73%) Computer Science
5 5 (22.73%) Risk Management
5 5 (22.73%) Statistics
6 4 (18.18%) Analytical Modelling
6 4 (18.18%) Business Intelligence
6 4 (18.18%) Generative AI
6 4 (18.18%) LLM
6 4 (18.18%) Mathematics
6 4 (18.18%) Multithreading
6 4 (18.18%) Predictive Modelling
6 4 (18.18%) Software Engineering
6 4 (18.18%) Statistical Modelling
Programming Languages
1 11 (50.00%) Python
2 8 (36.36%) SQL
3 5 (22.73%) Java
4 4 (18.18%) C#
5 3 (13.64%) C++
6 2 (9.09%) R
7 1 (4.55%) Go
7 1 (4.55%) JavaScript
7 1 (4.55%) PowerShell
7 1 (4.55%) Rust
Qualifications
1 5 (22.73%) Degree
2 4 (18.18%) Security Cleared
3 3 (13.64%) CISM
3 3 (13.64%) CISSP
3 3 (13.64%) Computer Science Degree
3 3 (13.64%) Master's Degree
3 3 (13.64%) PhD
4 2 (9.09%) SC Cleared
Quality Assurance & Compliance
1 4 (18.18%) GDPR
2 3 (13.64%) ISO/IEC 27001
2 3 (13.64%) NIST
3 2 (9.09%) California Consumer Privacy Act
System Software
1 1 (4.55%) Docker
Systems Management
1 1 (4.55%) Terraform
Vendors
1 2 (9.09%) Databricks
2 1 (4.55%) ION Trading
2 1 (4.55%) Microsoft
2 1 (4.55%) Oracle
2 1 (4.55%) OutSystems