Period
to 24 February 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 24 February 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
24 Feb 2021
Same period 2020 Same period 2019
Rank 105 133 136
Rank change year-on-year +28 +3 +18
Contract jobs citing Algorithms 28 57 119
As % of all contract jobs advertised in the City of London 1.25% 1.22% 1.78%
As % of the Miscellaneous category 3.21% 3.61% 4.58%
Number of daily rates quoted 30 45 87
Median daily rate £600 £550 £600
Median daily rate % change year-on-year +9.09% -8.33% -2.04%
10th Percentile £425 £413 £428
90th Percentile £625 £745 £713
Central London median daily rate £600 £550 £575
% change year-on-year +9.09% -4.35% -4.17%
Number of hourly rates quoted 0 3 0
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 871 1,580 2,598
As % of all contract IT jobs advertised in the City of London 38.97% 33.87% 38.78%
Number of daily rates quoted 609 1,202 1,976
Median daily rate £525 £525 £525
10th Percentile £324 £263 £282
90th Percentile £725 £700 £700
Central London median daily rate £525 £500 £525
% change year-on-year +5.00% -4.76% -
Number of hourly rates quoted 15 37 46
Median hourly rate £23.00 £24.12 £18.70
Median hourly rate % change year-on-year -4.64% +28.98% -15.98%
10th Percentile £13.07 £12.42 £13.00
90th Percentile £42.50 £52.25 £35.80
Median hourly rate £24.75 £23.31 £18.70
% change year-on-year +6.18% +24.65% -14.54%

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 24 February 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 24 February 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 - 5 £600 -
Algorithms
Central London

For the 6 months to 24 February 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 16 (57.14%) Python
1 16 (57.14%) Machine Learning
2 15 (53.57%) Data Structures
3 14 (50.00%) AWS
4 13 (46.43%) SQL
4 13 (46.43%) Agile Software Development
5 12 (42.86%) Finance
5 12 (42.86%) Kafka
6 11 (39.29%) Analytical Skills
6 11 (39.29%) Java
6 11 (39.29%) Apache Spark
7 9 (32.14%) Self-Motivation
7 9 (32.14%) Apache Airflow
7 9 (32.14%) Web Services
7 9 (32.14%) Data Analysis
7 9 (32.14%) Big Data
8 8 (28.57%) Change Management
8 8 (28.57%) Continuous Deployment
8 8 (28.57%) Data Lake
9 7 (25.00%) Parquet
9 7 (25.00%) SQL Optimisation
9 7 (25.00%) Data Science
9 7 (25.00%) Forensic Analysis
9 7 (25.00%) HTTP
9 7 (25.00%) Snowflake Schema
9 7 (25.00%) Data Warehouse
9 7 (25.00%) XML
9 7 (25.00%) HTML
9 7 (25.00%) Spring
9 7 (25.00%) Use Case

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 11 (39.29%) Apache Spark
2 9 (32.14%) Apache Airflow
3 1 (3.57%) Apache
Applications
1 1 (3.57%) Chatbot
Cloud Services
1 14 (50.00%) AWS
2 7 (25.00%) Amazon Kinesis
3 5 (17.86%) Azure
4 2 (7.14%) AWS CloudFormation
4 2 (7.14%) AWS CodePipeline
4 2 (7.14%) IaaS
4 2 (7.14%) PaaS
4 2 (7.14%) Serverless
5 1 (3.57%) GCP
5 1 (3.57%) GitHub
5 1 (3.57%) OpenShift
5 1 (3.57%) SaaS
Communications & Networking
1 7 (25.00%) HTTP
Database & Business Intelligence
1 9 (32.14%) Big Data
2 8 (28.57%) Data Lake
3 7 (25.00%) Data Warehouse
3 7 (25.00%) Parquet
3 7 (25.00%) Snowflake Schema
4 6 (21.43%) Redis
5 4 (14.29%) Hazelcast
6 3 (10.71%) Hadoop
7 2 (7.14%) MongoDB
8 1 (3.57%) Apache Cassandra
8 1 (3.57%) Apache Hive
8 1 (3.57%) Impala
8 1 (3.57%) NoSQL
8 1 (3.57%) Presto
8 1 (3.57%) Sqoop
Development Applications
1 4 (14.29%) Jenkins
2 2 (7.14%) Grunt
2 2 (7.14%) gulp
2 2 (7.14%) Maven
3 1 (3.57%) Cucumber
3 1 (3.57%) Eclipse
3 1 (3.57%) Git (software)
3 1 (3.57%) Hudson
3 1 (3.57%) IntelliJ
3 1 (3.57%) JIRA
3 1 (3.57%) MLflow
3 1 (3.57%) Selenium
General
1 12 (42.86%) Finance
2 5 (17.86%) Banking
3 4 (14.29%) Investment Banking
4 2 (7.14%) Retail Banking
5 1 (3.57%) Front Office
5 1 (3.57%) Games
5 1 (3.57%) Local Government
5 1 (3.57%) Public Sector
5 1 (3.57%) Retail
Job Titles
1 14 (50.00%) Developer
2 8 (28.57%) Data Engineer
3 7 (25.00%) Java Developer
4 5 (17.86%) Python Engineer
5 4 (14.29%) Data Scientist
5 4 (14.29%) Oracle Developer
5 4 (14.29%) Python Developer
6 3 (10.71%) Senior Data Engineer
7 2 (7.14%) C# Developer
7 2 (7.14%) Machine Learning Engineer
8 1 (3.57%) Analyst
8 1 (3.57%) C++ Developer
8 1 (3.57%) Data Analyst
8 1 (3.57%) DevOps Engineer
8 1 (3.57%) Django Developer
8 1 (3.57%) Lead DevOps
8 1 (3.57%) Lead DevOps Engineer
8 1 (3.57%) Python/Django Developer
8 1 (3.57%) Senior Developer
8 1 (3.57%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 12 (42.86%) Kafka
2 9 (32.14%) Web Services
3 7 (25.00%) HTML
3 7 (25.00%) PostGIS
3 7 (25.00%) Spring
3 7 (25.00%) XML
4 4 (14.29%) Memcached
4 4 (14.29%) RESTful
4 4 (14.29%) Spring Boot
5 3 (10.71%) Flask
5 3 (10.71%) Natural Language Processing
6 2 (7.14%) RabbitMQ
6 2 (7.14%) React
6 2 (7.14%) Redux
6 2 (7.14%) ZeroMQ
7 1 (3.57%) Django
7 1 (3.57%) JMS
7 1 (3.57%) REST
7 1 (3.57%) Spring Security
7 1 (3.57%) Ultra Messaging
Miscellaneous
1 15 (53.57%) Data Structures
2 11 (39.29%) Analytical Skills
3 9 (32.14%) Self-Motivation
4 2 (7.14%) Blog
4 2 (7.14%) Data Centre
4 2 (7.14%) Market Risk
Operating Systems
1 2 (7.14%) Linux
2 1 (3.57%) Unix
Processes & Methodologies
1 16 (57.14%) Machine Learning
2 13 (46.43%) Agile Software Development
3 9 (32.14%) Data Analysis
4 8 (28.57%) Change Management
4 8 (28.57%) Continuous Deployment
5 7 (25.00%) Data Science
5 7 (25.00%) DevOps
5 7 (25.00%) Forensic Analysis
5 7 (25.00%) Load Testing
5 7 (25.00%) MapReduce
5 7 (25.00%) Multithreading
5 7 (25.00%) SQL Optimisation
5 7 (25.00%) Use Case
5 7 (25.00%) XML Parsing
6 5 (17.86%) Analytics
7 4 (14.29%) API Design
7 4 (14.29%) API Development
7 4 (14.29%) Continuous Integration
7 4 (14.29%) Functional Programming
7 4 (14.29%) Performance Tuning
Programming Languages
1 16 (57.14%) Python
2 13 (46.43%) SQL
3 11 (39.29%) Java
4 6 (21.43%) Java 8
5 5 (17.86%) Scala
6 4 (14.29%) C++
6 4 (14.29%) Haskell
6 4 (14.29%) PL/SQL
7 3 (10.71%) R
8 2 (7.14%) C#
8 2 (7.14%) ES6
8 2 (7.14%) JavaScript
9 1 (3.57%) Bash Shell
9 1 (3.57%) Go
Qualifications
1 3 (10.71%) Degree
2 1 (3.57%) Numerate Degree
2 1 (3.57%) PhD
System Software
1 2 (7.14%) Apache ZooKeeper
1 2 (7.14%) etcd
1 2 (7.14%) Varnish
2 1 (3.57%) Docker
Systems Management
1 4 (14.29%) Terraform
2 2 (7.14%) Consul
2 2 (7.14%) Kubernetes
2 2 (7.14%) Opscode Chef
3 1 (3.57%) Kubeflow
3 1 (3.57%) Rundeck
Vendors
1 4 (14.29%) Oracle
2 2 (7.14%) Microsoft
3 1 (3.57%) Solace