Period
to 27 January 2022

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 27 January 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
Central London > City of London
6 months to
27 Jan 2022
Same period 2021 Same period 2020
Rank 144 111 143
Rank change year-on-year -33 +32 -5
Contract jobs citing Algorithms 42 21 56
As % of all contract jobs advertised in the City of London 1.05% 1.00% 1.15%
As % of the Miscellaneous category 2.96% 2.80% 3.77%
Number of daily rates quoted 33 20 45
10th Percentile £600 £470 £410
25th Percentile £613 £523 £463
Median daily rate (50th Percentile) £650 £600 £550
Median % change year-on-year +8.33% +9.09% -8.33%
75th Percentile £775 £614 £638
90th Percentile £838 £631 £745
Central London median daily rate £650 £600 £525
% change year-on-year +8.33% +14.29% -12.50%
Number of hourly rates quoted 2 0 3
10th Percentile £45.75 - £14.50
25th Percentile £48.00 - £18.25
Median hourly rate £53.00 - £25.00
75th Percentile £58.00 - £25.50
90th Percentile £60.25 - -
Central London median hourly rate £53.00 - £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 1,420 751 1,484
As % of all contract IT jobs advertised in the City of London 35.37% 35.61% 30.48%
Number of daily rates quoted 1,078 533 1,148
10th Percentile £405 £313 £289
25th Percentile £494 £413 £413
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £688 £638 £625
90th Percentile £800 £725 £700
Central London median daily rate £575 £525 £515
% change year-on-year +9.52% +1.94% -1.90%
Number of hourly rates quoted 24 16 29
10th Percentile £36.55 £13.14 £11.80
25th Percentile £41.75 £21.50 £15.00
Median hourly rate £50.50 £29.25 £20.50
Median % change year-on-year +72.65% +42.68% +9.63%
75th Percentile £61.94 £39.44 £33.38
90th Percentile £64.85 £46.88 £52.25
Central London median hourly rate £50.50 £29.89 £21.00
% change year-on-year +68.95% +42.33% +9.09%

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 27 January 2022.

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
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 27 January 2022.

Hourly rate histogram 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 27 January 2022. 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
Jobs
London Bridge -2 5 £825 +37.50%
Algorithms
Central London

For the 6 months to 27 January 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.

1 27 (64.29%) Python
2 18 (42.86%) Agile Software Development
2 18 (42.86%) Machine Learning
3 16 (38.10%) Artificial Intelligence
4 15 (35.71%) Mathematics
4 15 (35.71%) Computer Science
4 15 (35.71%) Data Structures
4 15 (35.71%) Data Science
5 14 (33.33%) Analytical Skills
5 14 (33.33%) Degree
6 12 (28.57%) Statistics
6 12 (28.57%) AWS
7 11 (26.19%) SQL
7 11 (26.19%) Natural Language Processing
7 11 (26.19%) DevOps
7 11 (26.19%) Analytics
8 10 (23.81%) React
8 10 (23.81%) Big Data
8 10 (23.81%) Finance
9 9 (21.43%) JavaScript
9 9 (21.43%) Apache Spark
10 8 (19.05%) ES6
10 8 (19.05%) Sass
10 8 (19.05%) Docker
10 8 (19.05%) CSS
10 8 (19.05%) HTML
10 8 (19.05%) Java
10 8 (19.05%) Data Cleansing
11 7 (16.67%) Hadoop
11 7 (16.67%) Build Automation

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 9 (21.43%) Apache Spark
2 2 (4.76%) Apache
2 2 (4.76%) Tornado
3 1 (2.38%) CMS
3 1 (2.38%) Drupal
3 1 (2.38%) EPiServer
3 1 (2.38%) Sitecore CMS
3 1 (2.38%) Umbraco
Cloud Services
1 12 (28.57%) AWS
2 3 (7.14%) Azure
3 2 (4.76%) Amazon CloudWatch
3 2 (4.76%) Amazon Kinesis
3 2 (4.76%) AWS CloudFormation
3 2 (4.76%) AWS Lambda
3 2 (4.76%) GitHub
3 2 (4.76%) Serverless
4 1 (2.38%) OpenShift
Communications & Networking
1 1 (2.38%) Kerberos
1 1 (2.38%) TCP/IP
Database & Business Intelligence
1 10 (23.81%) Big Data
2 7 (16.67%) Hadoop
3 5 (11.90%) NoSQL
3 5 (11.90%) Tableau
4 4 (9.52%) Apache Cassandra
5 3 (7.14%) Couchbase
5 3 (7.14%) MongoDB
5 3 (7.14%) SQL Server
6 2 (4.76%) Amazon DynamoDB
6 2 (4.76%) Apache Hive
6 2 (4.76%) Data Mining
6 2 (4.76%) SQLite
7 1 (2.38%) Data Warehouse
7 1 (2.38%) PostgreSQL
Development Applications
1 7 (16.67%) webpack
2 6 (14.29%) Grunt
2 6 (14.29%) gulp
2 6 (14.29%) Jasmine
2 6 (14.29%) PhantomJS
3 3 (7.14%) Git (software)
4 2 (4.76%) GitLab
4 2 (4.76%) Gradle
4 2 (4.76%) TeamCity
5 1 (2.38%) Jenkins
5 1 (2.38%) Maven
5 1 (2.38%) Mocha
General
1 14 (33.33%) Analytical Skills
2 10 (23.81%) Finance
3 7 (16.67%) Social Skills
4 5 (11.90%) Banking
5 4 (9.52%) Front Office
6 2 (4.76%) Marketing
6 2 (4.76%) Presentation Skills
7 1 (2.38%) Games
Job Titles
1 12 (28.57%) Developer
2 11 (26.19%) Data Scientist
3 5 (11.90%) Data Engineer
3 5 (11.90%) React Developer
4 4 (9.52%) Senior Data Scientist
4 4 (9.52%) Software Engineer
5 3 (7.14%) Front End Developer (Client-Side Developer)
6 2 (4.76%) DevOps Engineer
6 2 (4.76%) Electronic Trading Developer
6 2 (4.76%) Front Office Developer
6 2 (4.76%) Full Stack Developer
6 2 (4.76%) Java Engineer
6 2 (4.76%) Python Developer
7 1 (2.38%) C# Developer
7 1 (2.38%) Java Developer
7 1 (2.38%) Programmer
7 1 (2.38%) Python Engineer
7 1 (2.38%) Senior Developer
7 1 (2.38%) Senior Software Engineer
7 1 (2.38%) Statistician
Libraries, Frameworks & Software Standards
1 10 (23.81%) React
2 8 (19.05%) CSS
2 8 (19.05%) HTML
2 8 (19.05%) Sass
3 7 (16.67%) AngularJS
4 6 (14.29%) Jest
4 6 (14.29%) Kafka
4 6 (14.29%) Vue.js
5 5 (11.90%) Node.js
6 4 (9.52%) .NET
6 4 (9.52%) Matplotlib
6 4 (9.52%) PyMC3
7 3 (7.14%) Web Services
8 2 (4.76%) Anaconda
8 2 (4.76%) Flask
8 2 (4.76%) NumPy
8 2 (4.76%) Pandas
8 2 (4.76%) pytest
8 2 (4.76%) RESTful
8 2 (4.76%) SciPy
Miscellaneous
1 15 (35.71%) Data Structures
2 3 (7.14%) Legacy Applications
3 2 (4.76%) Cloud Native
3 2 (4.76%) Derivative
3 2 (4.76%) Fixed Income
3 2 (4.76%) Foreign Exchange (FX)
3 2 (4.76%) Social Media
4 1 (2.38%) Blog
4 1 (2.38%) Mobile App
4 1 (2.38%) User Experience
Operating Systems
1 5 (11.90%) Linux
2 1 (2.38%) Unix
Processes & Methodologies
1 18 (42.86%) Agile Software Development
1 18 (42.86%) Machine Learning
2 16 (38.10%) Artificial Intelligence
3 15 (35.71%) Computer Science
3 15 (35.71%) Data Science
3 15 (35.71%) Mathematics
4 12 (28.57%) Statistics
5 11 (26.19%) Analytics
5 11 (26.19%) DevOps
5 11 (26.19%) Natural Language Processing
6 8 (19.05%) Data Cleansing
7 7 (16.67%) Actionable Insight
7 7 (16.67%) Build Automation
7 7 (16.67%) CI/CD
7 7 (16.67%) Continuous Deployment
7 7 (16.67%) Software Engineering
8 6 (14.29%) Front End Development
8 6 (14.29%) Predictive Modelling
8 6 (14.29%) User Stories
8 6 (14.29%) Wireframes
Programming Languages
1 27 (64.29%) Python
2 11 (26.19%) SQL
3 9 (21.43%) JavaScript
4 8 (19.05%) ES6
4 8 (19.05%) Java
5 6 (14.29%) C++
6 4 (9.52%) C
7 3 (7.14%) R
8 2 (4.76%) Cython
9 1 (2.38%) Bash
9 1 (2.38%) C#
9 1 (2.38%) Java 8
9 1 (2.38%) SPARQL
Qualifications
1 14 (33.33%) Degree
2 2 (4.76%) Computer Science Degree
3 1 (2.38%) Master's Degree
3 1 (2.38%) PhD
Quality Assurance & Compliance
1 2 (4.76%) Accessibility
1 2 (4.76%) Data Quality
System Software
1 8 (19.05%) Docker
Systems Management
1 6 (14.29%) Opscode Chef
2 4 (9.52%) Kubernetes
3 1 (2.38%) Ansible
3 1 (2.38%) Terraform
Vendors
1 3 (7.14%) Oracle
2 1 (2.38%) Adobe
2 1 (2.38%) Salesforce.com
2 1 (2.38%) Sitecore