Period
to 26 September 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 26 September 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
26 Sep 2021
Same period 2020 Same period 2019
Rank 105 104 160
Rank change year-on-year -1 +56 -2
Contract jobs citing Algorithms 65 14 79
As % of all contract jobs advertised in the City of London 1.79% 0.79% 1.27%
As % of the Miscellaneous category 4.62% 2.27% 4.23%
Number of daily rates quoted 40 10 61
10th Percentile £548 £425 £425
25th Percentile £606 £481 £475
Median daily rate (50th Percentile) £643 £566 £575
Median % change year-on-year +13.52% -1.57% +4.55%
75th Percentile £675 £655 £626
90th Percentile £753 £701 £713
Central London median daily rate £630 £588 £575
% change year-on-year +7.23% +2.17% +6.48%
Number of hourly rates quoted 0 1 3
Median hourly rate - £38.50 £44.57
Median % change year-on-year - -13.61% -
Central London median hourly rate - £38.50 £44.57
% change year-on-year - -13.61% -

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 1,406 618 1,867
As % of all contract IT jobs advertised in the City of London 38.69% 35.01% 30.03%
Number of daily rates quoted 1,021 412 1,426
10th Percentile £381 £306 £313
25th Percentile £489 £413 £426
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £625 £625
90th Percentile £775 £711 £700
Central London median daily rate £600 £525 £525
% change year-on-year +14.29% - -
Number of hourly rates quoted 27 24 33
10th Percentile £8.00 £15.75 £11.25
25th Percentile £16.00 £28.88 £12.76
Median hourly rate £32.40 £38.00 £19.50
Median % change year-on-year -14.74% +94.87% +1.30%
75th Percentile £42.50 £47.75 £23.75
90th Percentile £62.15 £53.88 £46.44
Central London median hourly rate £28.50 £36.75 £20.67
% change year-on-year -22.45% +77.84% +5.97%

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 26 September 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 26 September 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 - 4 £650 -
Algorithms
Central London

For the 6 months to 26 September 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 50 (76.92%) Python
2 43 (66.15%) Data Science
3 35 (53.85%) Machine Learning
4 33 (50.77%) Degree
4 33 (50.77%) Mathematics
5 32 (49.23%) Analytics
6 30 (46.15%) Analytical Skills
6 30 (46.15%) Statistics
7 29 (44.62%) SQL
8 26 (40.00%) Asset Management
9 25 (38.46%) Bayesian Methods
10 22 (33.85%) Visualisation
11 21 (32.31%) Java
11 21 (32.31%) Problem-Solving
12 20 (30.77%) Finance
13 19 (29.23%) Artificial Intelligence
14 18 (27.69%) Data Analysis
14 18 (27.69%) Marketing
14 18 (27.69%) Computer Science
14 18 (27.69%) Presentation Skills
14 18 (27.69%) Decision-Making
15 17 (26.15%) Digital Analytics
15 17 (26.15%) Apache Spark
15 17 (26.15%) Big Data
15 17 (26.15%) Investment Management
15 17 (26.15%) Salesforce.com
15 17 (26.15%) CRM
15 17 (26.15%) Data Warehouse
15 17 (26.15%) Data Sharing
16 16 (24.62%) R

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 17 (26.15%) Apache Spark
2 15 (23.08%) Jupyter
3 4 (6.15%) Apache Airflow
4 3 (4.62%) Apache
5 1 (1.54%) GemFire
Applications
1 15 (23.08%) Microsoft Excel
1 15 (23.08%) Microsoft PowerPoint
2 1 (1.54%) Simulink
Cloud Services
1 14 (21.54%) AWS
2 11 (16.92%) Azure
3 5 (7.69%) GitHub
4 1 (1.54%) Azure Data Factory
4 1 (1.54%) Azure Machine Learning
4 1 (1.54%) OpenShift
4 1 (1.54%) Serverless
Communications & Networking
1 1 (1.54%) 3GPP
1 1 (1.54%) 4G
1 1 (1.54%) 5G
1 1 (1.54%) Kerberos
1 1 (1.54%) LTE
1 1 (1.54%) MIMO
1 1 (1.54%) Radio Access Network
1 1 (1.54%) Wireless
Database & Business Intelligence
1 17 (26.15%) Big Data
1 17 (26.15%) Data Warehouse
2 15 (23.08%) QlikView
3 9 (13.85%) Hadoop
4 7 (10.77%) Apache Hive
5 6 (9.23%) MongoDB
5 6 (9.23%) NoSQL
6 5 (7.69%) Apache Cassandra
6 5 (7.69%) Impala
6 5 (7.69%) Tableau
7 4 (6.15%) Data Lake
7 4 (6.15%) Presto
7 4 (6.15%) SQL Server
8 3 (4.62%) Couchbase
9 2 (3.08%) Redis
10 1 (1.54%) Amazon Redshift
10 1 (1.54%) Data Mining
10 1 (1.54%) Hazelcast
Development Applications
1 12 (18.46%) Jenkins
2 9 (13.85%) Git (software)
3 6 (9.23%) JIRA
3 6 (9.23%) Maven
4 5 (7.69%) webpack
5 4 (6.15%) Eclipse
5 4 (6.15%) Grunt
5 4 (6.15%) gulp
5 4 (6.15%) IBM UrbanCode
5 4 (6.15%) IntelliJ
5 4 (6.15%) Jasmine
5 4 (6.15%) PhantomJS
5 4 (6.15%) TeamCity
6 1 (1.54%) Ant
6 1 (1.54%) Gradle
6 1 (1.54%) MLflow
6 1 (1.54%) Mocha
6 1 (1.54%) Subversion
General
1 30 (46.15%) Analytical Skills
2 20 (30.77%) Finance
3 18 (27.69%) Marketing
3 18 (27.69%) Presentation Skills
4 12 (18.46%) Banking
5 10 (15.38%) Social Skills
6 5 (7.69%) Retail
7 1 (1.54%) Front Office
7 1 (1.54%) Investment Banking
7 1 (1.54%) Organisational Skills
7 1 (1.54%) Telecoms
Job Titles
1 28 (43.08%) Data Scientist
2 14 (21.54%) Developer
3 13 (20.00%) Data Engineer
4 7 (10.77%) Java Developer
5 5 (7.69%) Senior Data Scientist
6 4 (6.15%) Front End Developer (Client-Side Developer)
6 4 (6.15%) Senior Data Engineer
7 3 (4.62%) Senior Statistician
7 3 (4.62%) Statistician
8 2 (3.08%) Big Data Engineer
8 2 (3.08%) Junior
8 2 (3.08%) Junior Data Scientist
8 2 (3.08%) Software Engineer
8 2 (3.08%) UI Developer
9 1 (1.54%) C++ Developer
9 1 (1.54%) Designer
9 1 (1.54%) IP Designer
9 1 (1.54%) Oracle Developer
9 1 (1.54%) Python Developer
9 1 (1.54%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 15 (23.08%) D3.js
1 15 (23.08%) Shiny
2 11 (16.92%) Kafka
3 8 (12.31%) Matplotlib
3 8 (12.31%) PyMC3
4 5 (7.69%) CSS
4 5 (7.69%) HTML
4 5 (7.69%) Sass
4 5 (7.69%) Web Services
5 4 (6.15%) AngularJS
5 4 (6.15%) J2EE
5 4 (6.15%) Jest
5 4 (6.15%) RAML
5 4 (6.15%) React
5 4 (6.15%) Swagger
5 4 (6.15%) Vue.js
6 3 (4.62%) RESTful
6 3 (4.62%) Spring
7 2 (3.08%) Spring Boot
8 1 (1.54%) Memcached
Miscellaneous
1 15 (23.08%) Management Information System
1 15 (23.08%) Social Media
2 9 (13.85%) Data Structures
3 5 (7.69%) Legacy Applications
4 1 (1.54%) Client/Server
4 1 (1.54%) Equities
4 1 (1.54%) Field-Programmable Gate Array
4 1 (1.54%) Fixed Income
4 1 (1.54%) Public Cloud
4 1 (1.54%) Self-Motivation
4 1 (1.54%) User Experience
4 1 (1.54%) Verilog
4 1 (1.54%) VHDL
Operating Systems
1 3 (4.62%) VMS
2 2 (3.08%) Linux
Processes & Methodologies
1 43 (66.15%) Data Science
2 35 (53.85%) Machine Learning
3 33 (50.77%) Mathematics
4 32 (49.23%) Analytics
5 30 (46.15%) Statistics
6 26 (40.00%) Asset Management
7 25 (38.46%) Bayesian Methods
8 22 (33.85%) Visualisation
9 21 (32.31%) Problem-Solving
10 19 (29.23%) Artificial Intelligence
11 18 (27.69%) Computer Science
11 18 (27.69%) Data Analysis
11 18 (27.69%) Decision-Making
12 17 (26.15%) CRM
12 17 (26.15%) Data Sharing
12 17 (26.15%) Digital Analytics
12 17 (26.15%) Investment Management
13 16 (24.62%) Mentoring
14 15 (23.08%) Business Intelligence
14 15 (23.08%) Deep Learning
Programming Languages
1 50 (76.92%) Python
2 29 (44.62%) SQL
3 21 (32.31%) Java
4 16 (24.62%) R
5 15 (23.08%) VBA
6 11 (16.92%) C++
7 8 (12.31%) Scala
8 7 (10.77%) JavaScript
9 6 (9.23%) Bash Shell
9 6 (9.23%) C
9 6 (9.23%) Java 8
10 5 (7.69%) ES6
10 5 (7.69%) Go
11 4 (6.15%) Java 11
12 2 (3.08%) SPARQL
13 1 (1.54%) Clojure
13 1 (1.54%) Haskell
13 1 (1.54%) MATLAB
13 1 (1.54%) PL/SQL
13 1 (1.54%) Rust
Qualifications
1 33 (50.77%) Degree
2 1 (1.54%) Computer Science Degree
2 1 (1.54%) Master's Degree
2 1 (1.54%) PhD
2 1 (1.54%) TOGAF Certification
Quality Assurance & Compliance
1 5 (7.69%) Data Quality
2 2 (3.08%) QA
3 1 (1.54%) Accessibility
System Software
1 16 (24.62%) Docker
Systems Management
1 6 (9.23%) Kubernetes
2 5 (7.69%) Opscode Chef
3 3 (4.62%) Ansible
4 2 (3.08%) Terraform
5 1 (1.54%) Kubeflow
5 1 (1.54%) Mesos
5 1 (1.54%) Packer
5 1 (1.54%) Puppet
Vendors
1 17 (26.15%) Salesforce.com
2 15 (23.08%) Alteryx
3 4 (6.15%) IBM
3 4 (6.15%) Oracle
4 1 (1.54%) Adobe
4 1 (1.54%) Databricks
4 1 (1.54%) Intel
4 1 (1.54%) Xilinx