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 26 November 2025, comparing them to the same period in the previous two years.

6 months to
26 Nov 2025
Same period 2024 Same period 2023
Rank 97 103 124
Rank change year-on-year +6 +21 +5
Contract jobs citing Algorithms 27 26 22
As % of all contract jobs in the City of London 1.49% 1.21% 0.82%
As % of the Miscellaneous category 3.82% 3.92% 2.63%
Number of daily rates quoted 21 22 12
10th Percentile £400 £516 £350
25th Percentile £454 £613 £641
Median daily rate (50th Percentile) £625 £703 £800
Median % change year-on-year -11.03% -12.19% +28.00%
75th Percentile £828 £852 £841
90th Percentile £994 £959 £918
Central London median daily rate £625 £700 £800
% change year-on-year -10.71% -12.50% +28.00%

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 707 663 837
As % of all contract IT jobs advertised in the City of London 39.04% 30.85% 31.21%
Number of daily rates quoted 514 415 549
10th Percentile £343 £363 £312
25th Percentile £425 £475 £475
Median daily rate (50th Percentile) £550 £600 £600
Median % change year-on-year -8.33% - -
75th Percentile £684 £713 £725
90th Percentile £775 £838 £825
Central London median daily rate £550 £593 £600
% change year-on-year -7.17% -1.25% +1.27%
Number of hourly rates quoted 10 2 10
10th Percentile £17.02 £32.05 £17.00
25th Percentile £21.40 £39.63 £17.48
Median hourly rate £31.00 £56.00 £31.75
Median % change year-on-year -44.64% +76.38% -38.35%
75th Percentile £41.89 £76.13 £51.44
90th Percentile £67.89 £85.95 £69.25
Central London median hourly rate £28.00 £27.00 £26.00
% change year-on-year +3.70% +3.85% -49.02%

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 26 November 2025.

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
Cloud Services
1 7 (25.93%) AWS
2 4 (14.81%) Azure
2 4 (14.81%) GCP
2 4 (14.81%) Power Platform
3 3 (11.11%) Amazon SageMaker
4 1 (3.70%) Cloud Computing
4 1 (3.70%) IBM Watson
4 1 (3.70%) Snowflake
Database & Business Intelligence
1 5 (18.52%) KDB
1 5 (18.52%) NoSQL
2 4 (14.81%) Hadoop
2 4 (14.81%) Kdb+
2 4 (14.81%) Power BI
3 3 (11.11%) Big Data
3 3 (11.11%) DB2
3 3 (11.11%) MemSQL
3 3 (11.11%) MongoDB
3 3 (11.11%) Sybase IQ
3 3 (11.11%) Tableau
4 2 (7.41%) Geospatial Data
4 2 (7.41%) Spatial Data
5 1 (3.70%) Apache Hive
5 1 (3.70%) Relational Database
Development Applications
1 3 (11.11%) Git
2 2 (7.41%) QUnit
3 1 (3.70%) Artifactory
3 1 (3.70%) GitLab
3 1 (3.70%) JIRA
General
1 17 (62.96%) Finance
2 15 (55.56%) Analytical Skills
3 13 (48.15%) Social Skills
4 10 (37.04%) Front Office
5 6 (22.22%) Banking
6 4 (14.81%) Financial Institution
7 1 (3.70%) Law
7 1 (3.70%) Legal
7 1 (3.70%) Retail
Job Titles
1 11 (40.74%) Developer
2 6 (22.22%) Data Scientist
2 6 (22.22%) Java Developer
3 5 (18.52%) Senior
4 4 (14.81%) Machine Learning Engineer
5 3 (11.11%) KDB Developer
5 3 (11.11%) Senior Developer
6 2 (7.41%) Analyst
6 2 (7.41%) Low Latency Java Developer
7 1 (3.70%) Electronic Trading Developer
7 1 (3.70%) Electronic Trading Java Developer
7 1 (3.70%) Front Office Developer
7 1 (3.70%) Gen AI Specialist
7 1 (3.70%) Lead
7 1 (3.70%) React Developer
7 1 (3.70%) Senior Data Scientist
7 1 (3.70%) Senior Software Engineer
7 1 (3.70%) Software Developer
7 1 (3.70%) Software Engineer
7 1 (3.70%) Tester
Libraries, Frameworks & Software Standards
1 8 (29.63%) scikit-learn
2 7 (25.93%) TensorFlow
3 6 (22.22%) PyTorch
4 4 (14.81%) Pandas
5 3 (11.11%) FIX Protocol
5 3 (11.11%) NumPy
6 2 (7.41%) Dask
6 2 (7.41%) Google JAX
6 2 (7.41%) JAX
6 2 (7.41%) LightGBM
6 2 (7.41%) Matplotlib
6 2 (7.41%) Seaborn
6 2 (7.41%) XGBoost
7 1 (3.70%) Altair
7 1 (3.70%) CSS
7 1 (3.70%) HTML
7 1 (3.70%) PySpark
7 1 (3.70%) React
7 1 (3.70%) Spring
7 1 (3.70%) Swing
Miscellaneous
1 7 (25.93%) Data Structures
2 6 (22.22%) Foreign Exchange (FX)
3 5 (18.52%) Fixed Income
4 4 (14.81%) Derivative
4 4 (14.81%) Enterprise Software
5 3 (11.11%) Distributed Computing
5 3 (11.11%) Product Ownership
6 2 (7.41%) Analytical Mindset
6 2 (7.41%) Distributed Systems
7 1 (3.70%) Clustering
7 1 (3.70%) Credit Risk
7 1 (3.70%) Equities
7 1 (3.70%) Hedge funds
7 1 (3.70%) Linux Command Line
7 1 (3.70%) Self-Motivation
Operating Systems
1 5 (18.52%) Unix
2 4 (14.81%) Linux
3 1 (3.70%) Windows
3 1 (3.70%) Windows Server
Processes & Methodologies
1 13 (48.15%) Analytics
1 13 (48.15%) Problem-Solving
2 11 (40.74%) Machine Learning
3 10 (37.04%) Data Science
4 9 (33.33%) AI
5 8 (29.63%) Agile
5 8 (29.63%) Mathematics
6 7 (25.93%) Computer Science
6 7 (25.93%) Low Latency
6 7 (25.93%) Risk Management
7 6 (22.22%) Data Analysis
7 6 (22.22%) Data Engineering
7 6 (22.22%) Software Engineering
7 6 (22.22%) Visualisation
8 5 (18.52%) Deep Learning
8 5 (18.52%) Natural Language Processing
8 5 (18.52%) Quantitative Finance
8 5 (18.52%) Sprint Planning
9 4 (14.81%) Kanban
9 4 (14.81%) Software Delivery
Programming Languages
1 15 (55.56%) Python
2 8 (29.63%) Java
3 7 (25.93%) SQL
4 3 (11.11%) C#
4 3 (11.11%) C++
5 1 (3.70%) C
5 1 (3.70%) JavaScript
5 1 (3.70%) PowerShell
5 1 (3.70%) VBA
5 1 (3.70%) VC++
Qualifications
1 8 (29.63%) Degree
2 4 (14.81%) Computer Science Degree
3 3 (11.11%) Master's Degree
4 2 (7.41%) Postgraduate
5 1 (3.70%) BPSS Clearance
5 1 (3.70%) Numerate Degree
5 1 (3.70%) PhD
Quality Assurance & Compliance
1 2 (7.41%) QA
2 1 (3.70%) EMIR
System Software
1 1 (3.70%) Docker
Systems Management
1 4 (14.81%) Kubernetes
2 1 (3.70%) Rundeck
Vendors
1 3 (11.11%) Microsoft
2 1 (3.70%) Cognos
2 1 (3.70%) Google
2 1 (3.70%) IBM
2 1 (3.70%) ION Trading
2 1 (3.70%) Oracle
2 1 (3.70%) Sage