Algorithms Contracts 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 6 July 2025, comparing them to the same period in the previous two years.

6 months to
6 Jul 2025
Same period 2024 Same period 2023
Rank 100 93 134
Rank change year-on-year -7 +41 +33
Contract jobs citing Algorithms 22 33 28
As % of all contract jobs advertised in the City of London 1.21% 1.55% 0.79%
As % of the Miscellaneous category 3.43% 4.90% 2.36%
Number of daily rates quoted 17 25 15
10th Percentile £538 £470 £455
25th Percentile £550 £563 £469
Median daily rate (50th Percentile) £613 £710 £550
Median % change year-on-year -13.73% +29.09% -18.52%
75th Percentile £763 £838 £844
90th Percentile £788 £948 £970
Central London median daily rate £625 £710 £538
% change year-on-year -11.97% +32.09% -20.37%
Number of hourly rates quoted 0 1 0
Median hourly rate - £48.50 -
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 642 674 1,187
As % of all contract IT jobs advertised in the City of London 35.31% 31.60% 33.63%
Number of daily rates quoted 418 441 796
10th Percentile £354 £285 £347
25th Percentile £475 £430 £500
Median daily rate (50th Percentile) £600 £575 £625
Median % change year-on-year +4.35% -8.00% +6.84%
75th Percentile £711 £700 £750
90th Percentile £800 £850 £863
Central London median daily rate £600 £565 £613
% change year-on-year +6.19% -7.76% +6.52%
Number of hourly rates quoted 8 7 14
10th Percentile £16.90 £12.75 £17.69
25th Percentile £20.77 £14.38 £35.00
Median hourly rate £32.50 £23.00 £52.25
Median % change year-on-year +41.30% -55.98% +12.37%
75th Percentile £71.37 £27.00 £87.16
90th Percentile £92.13 £36.30 £88.30
Central London median hourly rate £29.07 £23.40 £39.83
% change year-on-year +24.23% -41.25% -14.34%

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 6 July 2025.

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
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (27.27%) Apache Spark
2 1 (4.55%) Oracle SOA Suite
Cloud Services
1 4 (18.18%) Power Platform
2 2 (9.09%) AWS
2 2 (9.09%) Azure
2 2 (9.09%) GCP
Communications & Networking
1 1 (4.55%) SSL
Database & Business Intelligence
1 4 (18.18%) Apache Hive
1 4 (18.18%) Hadoop
1 4 (18.18%) Power BI
1 4 (18.18%) Tableau
2 1 (4.55%) Big Data
2 1 (4.55%) Data Warehouse
2 1 (4.55%) KDB
2 1 (4.55%) MySQL
2 1 (4.55%) NoSQL
2 1 (4.55%) Relational Database
Development Applications
1 2 (9.09%) Bitbucket Server
1 2 (9.09%) Git
1 2 (9.09%) Jenkins
1 2 (9.09%) JUnit
2 1 (4.55%) MLflow
General
1 12 (54.55%) Analytical Skills
2 10 (45.45%) Social Skills
3 9 (40.91%) Finance
4 6 (27.27%) Financial Institution
5 5 (22.73%) Banking
5 5 (22.73%) Public Sector
6 4 (18.18%) Police
6 4 (18.18%) Presentation Skills
7 3 (13.64%) Front Office
8 2 (9.09%) Telecoms
9 1 (4.55%) Investment Banking
Job Titles
1 6 (27.27%) Data Scientist
2 5 (22.73%) Developer
2 5 (22.73%) Lead
2 5 (22.73%) Senior
3 3 (13.64%) Architect
3 3 (13.64%) Security Architect
4 2 (9.09%) Gen AI Specialist
4 2 (9.09%) Java Developer
4 2 (9.09%) Lead Data Scientist
4 2 (9.09%) Senior Architect
4 2 (9.09%) Senior Data Scientist
4 2 (9.09%) Senior Developer
4 2 (9.09%) Senior Security Architect
4 2 (9.09%) Software Engineer
4 2 (9.09%) Technical Leader
5 1 (4.55%) Algorithm Engineer
5 1 (4.55%) Data Science Developer
5 1 (4.55%) Java Engineer
5 1 (4.55%) Machine Learning Engineer
5 1 (4.55%) QA Leader
Libraries, Frameworks & Software Standards
1 10 (45.45%) TensorFlow
2 6 (27.27%) PySpark
3 5 (22.73%) Pandas
3 5 (22.73%) scikit-learn
4 2 (9.09%) .NET
4 2 (9.09%) REST
5 1 (4.55%) .NET Core
5 1 (4.55%) ASP.NET
5 1 (4.55%) Blazor
5 1 (4.55%) CSS
5 1 (4.55%) HTML
5 1 (4.55%) jQuery
5 1 (4.55%) Kafka
5 1 (4.55%) PyTorch
5 1 (4.55%) SOAP
5 1 (4.55%) Spring
5 1 (4.55%) WCF
5 1 (4.55%) Web Services
Miscellaneous
1 4 (18.18%) Credit Risk
1 4 (18.18%) Data Structures
2 3 (13.64%) Distributed Computing
3 1 (4.55%) Distributed Systems
3 1 (4.55%) Enterprise Software
3 1 (4.55%) Fixed Income
3 1 (4.55%) Foreign Exchange (FX)
3 1 (4.55%) Hedge funds
3 1 (4.55%) Low-Code
3 1 (4.55%) Management Information System
3 1 (4.55%) PKI
3 1 (4.55%) TWAP
3 1 (4.55%) VWAP
Operating Systems
1 4 (18.18%) Linux
2 2 (9.09%) Unix
Processes & Methodologies
1 13 (59.09%) Machine Learning
2 10 (45.45%) Problem-Solving
3 9 (40.91%) Data Science
4 7 (31.82%) Artificial Intelligence
4 7 (31.82%) Computer Science
5 6 (27.27%) Analytical Modelling
6 5 (22.73%) Actionable Insight
6 5 (22.73%) Generative AI
6 5 (22.73%) LLM
6 5 (22.73%) Mathematics
6 5 (22.73%) Risk Management
6 5 (22.73%) Statistics
7 4 (18.18%) Analytics
7 4 (18.18%) Cybersecurity
7 4 (18.18%) Data Visualisation
7 4 (18.18%) Low Latency
7 4 (18.18%) Predictive Modelling
7 4 (18.18%) Regression Analysis
7 4 (18.18%) Statistical Modelling
7 4 (18.18%) Visualisation
Programming Languages
1 12 (54.55%) SQL
2 11 (50.00%) Python
3 4 (18.18%) R
4 3 (13.64%) Java
5 2 (9.09%) C#
5 2 (9.09%) C++
6 1 (4.55%) C
6 1 (4.55%) JavaScript
Qualifications
1 7 (31.82%) Security Cleared
2 6 (27.27%) Degree
3 5 (22.73%) PhD
4 4 (18.18%) Master's Degree
5 3 (13.64%) CISM
5 3 (13.64%) CISSP
5 3 (13.64%) SC Cleared
6 2 (9.09%) Computer Science Degree
7 1 (4.55%) CREST Certified
7 1 (4.55%) GIAC
7 1 (4.55%) SANS
Quality Assurance & Compliance
1 3 (13.64%) ISO/IEC 27001
1 3 (13.64%) NIST
2 2 (9.09%) California Consumer Privacy Act
2 2 (9.09%) GDPR
3 1 (4.55%) QA
System Software
1 1 (4.55%) Docker
Systems Management
1 1 (4.55%) Kubeflow
Vendors
1 1 (4.55%) ION Trading
1 1 (4.55%) Oracle
1 1 (4.55%) OutSystems