Algorithms Contract Job Trends 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 11 February 2026, comparing them to the same period in the previous two years.

6 months to
11 Feb 2026
Same period 2025 Same period 2024
Rank 97 97 112
Rank change year-on-year 0 +15 +27
Contract jobs citing Algorithms 27 15 19
As % of all contract jobs in the City of London 1.41% 0.83% 0.80%
As % of the Miscellaneous category 3.94% 2.59% 2.58%
Number of daily rates quoted 17 8 11
10th Percentile £433 £530 £463
25th Percentile £469 £594 £505
Median daily rate (50th Percentile) £650 £700 £655
Median % change year-on-year -7.14% +6.87% +8.26%
75th Percentile £911 £725 £745
90th Percentile £1,150 £835 £825
Central London median daily rate £650 £550 £655
% change year-on-year +18.18% -16.03% +16.44%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £46.75
Median hourly rate - - £48.50
75th Percentile - - £50.25
90th Percentile - - -
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 685 580 737
As % of all contract IT jobs advertised in the City of London 35.85% 31.90% 30.97%
Number of daily rates quoted 500 355 497
10th Percentile £350 £375 £288
25th Percentile £438 £463 £450
Median daily rate (50th Percentile) £550 £575 £600
Median % change year-on-year -4.35% -4.17% -2.04%
75th Percentile £688 £695 £713
90th Percentile £788 £800 £818
Central London median daily rate £550 £575 £600
% change year-on-year -4.35% -4.17% -
Number of hourly rates quoted 7 0 11
10th Percentile £18.76 - £12.75
25th Percentile £20.30 - £17.00
Median hourly rate £28.00 - £19.00
Median % change year-on-year - - -53.09%
75th Percentile £41.85 - £41.63
90th Percentile £49.05 - £50.25
Central London median hourly rate £26.11 £25.79 £21.00
% change year-on-year +1.24% +22.81% -40.00%

Algorithms
Job Vacancy Trend in the City of London

Historical trend showing the proportion of contract IT job postings citing Algorithms relative to all contract IT jobs advertised in the City of London.

Algorithms job vacancy trend in the City of London

Algorithms
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Algorithms.

Contractor daily rate distribution trend for jobs in the City of London citing Algorithms

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 11 February 2026.

Daily rate histogram for Algorithms in the City of London

Algorithms
Hourly Rate Trend in the City of London

Contractor hourly rate distribution trend for jobs in the City of London citing Algorithms.

Contractor hourly rate distribution trend for jobs in the City of London citing Algorithms

Algorithms
Co-Occurring Skills & Capabilities in the City of London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 3 (11.11%) Apache Spark
Business Applications
1 2 (7.41%) Bloomberg AIM
1 2 (7.41%) Fidessa
Cloud Services
1 12 (44.44%) AWS
2 7 (25.93%) Power Platform
3 5 (18.52%) Amazon SageMaker
4 4 (14.81%) Azure
4 4 (14.81%) GCP
5 3 (11.11%) Cloud Computing
5 3 (11.11%) IBM Watson
6 2 (7.41%) Amazon ECS
6 2 (7.41%) Amazon EKS
7 1 (3.70%) Datadog
7 1 (3.70%) GitHub
7 1 (3.70%) GitHub Actions
Database & Business Intelligence
1 7 (25.93%) Power BI
2 6 (22.22%) Tableau
3 4 (14.81%) Big Data
3 4 (14.81%) KDB
3 4 (14.81%) Kdb+
3 4 (14.81%) NoSQL
4 1 (3.70%) Amazon Athena
4 1 (3.70%) Amazon RDS
4 1 (3.70%) DB2
4 1 (3.70%) Geospatial Data
4 1 (3.70%) Hadoop
4 1 (3.70%) MemSQL
4 1 (3.70%) MongoDB
4 1 (3.70%) PostgreSQL
4 1 (3.70%) Relational Database
4 1 (3.70%) Spatial Data
4 1 (3.70%) SQL Server
4 1 (3.70%) Sybase IQ
Development Applications
1 3 (11.11%) Git
2 2 (7.41%) QUnit
3 1 (3.70%) Artifactory
3 1 (3.70%) GitLab
General
1 17 (62.96%) Finance
2 15 (55.56%) Analytical Skills
3 11 (40.74%) Front Office
3 11 (40.74%) Social Skills
4 8 (29.63%) Banking
5 2 (7.41%) Documentation Skills
5 2 (7.41%) Financial Institution
6 1 (3.70%) Law
6 1 (3.70%) Legal
6 1 (3.70%) Retail
Job Titles
1 8 (29.63%) Developer
2 7 (25.93%) Data Scientist
3 5 (18.52%) Machine Learning Engineer
3 5 (18.52%) Senior
4 3 (11.11%) Java Developer
4 3 (11.11%) KDB Developer
4 3 (11.11%) Senior Developer
5 2 (7.41%) Analyst
5 2 (7.41%) Electronics Engineer
5 2 (7.41%) Low Latency Java Developer
6 1 (3.70%) Data Engineer
6 1 (3.70%) DevOps Engineer
6 1 (3.70%) Front Office Developer
6 1 (3.70%) Pricing Analyst
6 1 (3.70%) Qualitative Analyst
6 1 (3.70%) Quantitative Analyst
6 1 (3.70%) Senior DevOps
6 1 (3.70%) Senior DevOps Engineer
6 1 (3.70%) Senior Software Engineer
6 1 (3.70%) Software Engineer
Libraries, Frameworks & Software Standards
1 11 (40.74%) scikit-learn
2 8 (29.63%) PyTorch
2 8 (29.63%) TensorFlow
3 5 (18.52%) FIX Protocol
3 5 (18.52%) NumPy
3 5 (18.52%) Pandas
4 4 (14.81%) Matplotlib
4 4 (14.81%) Seaborn
5 3 (11.11%) Dask
5 3 (11.11%) Google JAX
5 3 (11.11%) JAX
5 3 (11.11%) LightGBM
5 3 (11.11%) XGBoost
6 2 (7.41%) JMS
6 2 (7.41%) Kafka
6 2 (7.41%) Middleware
6 2 (7.41%) REST
7 1 (3.70%) Altair
7 1 (3.70%) Playwright
7 1 (3.70%) React
Miscellaneous
1 6 (22.22%) Foreign Exchange (FX)
2 5 (18.52%) Derivative
3 4 (14.81%) Data Structures
3 4 (14.81%) Fixed Income
4 3 (11.11%) Analytical Mindset
4 3 (11.11%) Equities
5 2 (7.41%) Distributed Computing
5 2 (7.41%) Hybrid Cloud
6 1 (3.70%) Cloud Native
6 1 (3.70%) Clustering
6 1 (3.70%) Distributed Systems
6 1 (3.70%) Enterprise Software
6 1 (3.70%) Linux Command Line
6 1 (3.70%) Product Ownership
6 1 (3.70%) Self-Motivation
Operating Systems
1 5 (18.52%) Unix
2 2 (7.41%) Linux
3 1 (3.70%) Windows
3 1 (3.70%) Windows Server
Processes & Methodologies
1 15 (55.56%) Analytics
2 12 (44.44%) Machine Learning
3 11 (40.74%) Data Science
3 11 (40.74%) Problem-Solving
4 10 (37.04%) Agile
5 9 (33.33%) AI
5 9 (33.33%) Data Analysis
6 8 (29.63%) Data Engineering
6 8 (29.63%) Deep Learning
6 8 (29.63%) Natural Language Processing
6 8 (29.63%) Visualisation
7 7 (25.93%) Business Intelligence
7 7 (25.93%) Mathematics
7 7 (25.93%) Risk Management
8 6 (22.22%) Low Latency
8 6 (22.22%) Sprint Planning
9 5 (18.52%) CI/CD
9 5 (18.52%) Data Visualisation
9 5 (18.52%) MLOps
9 5 (18.52%) Quantitative Finance
Programming Languages
1 16 (59.26%) Python
2 11 (40.74%) SQL
3 8 (29.63%) Java
4 4 (14.81%) C#
5 2 (7.41%) C++
6 1 (3.70%) Go
6 1 (3.70%) JavaScript
6 1 (3.70%) PowerShell
6 1 (3.70%) Scala
6 1 (3.70%) VBA
6 1 (3.70%) VC++
Qualifications
1 6 (22.22%) Degree
2 3 (11.11%) Computer Science Degree
3 2 (7.41%) Master's Degree
3 2 (7.41%) Postgraduate
4 1 (3.70%) Numerate Degree
Quality Assurance & Compliance
1 2 (7.41%) QA
2 1 (3.70%) Data Quality
2 1 (3.70%) EMIR
System Software
1 2 (7.41%) Docker
Systems Management
1 3 (11.11%) Kubernetes
2 2 (7.41%) Grafana
3 1 (3.70%) Rundeck
3 1 (3.70%) Terraform
Vendors
1 3 (11.11%) Cognos
1 3 (11.11%) Google
1 3 (11.11%) IBM
1 3 (11.11%) Microsoft
1 3 (11.11%) Sage
2 2 (7.41%) AppDynamics
2 2 (7.41%) Bloomberg
2 2 (7.41%) Charles River
2 2 (7.41%) Splunk
3 1 (3.70%) Oracle