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 21 October 2025, comparing them to the same period in the previous two years.

6 months to
21 Oct 2025
Same period 2024 Same period 2023
Rank 90 97 125
Rank change year-on-year +7 +28 +13
Contract jobs citing Algorithms 26 29 24
As % of all contract jobs in the City of London 1.53% 1.38% 0.84%
As % of the Miscellaneous category 3.90% 4.47% 2.66%
Number of daily rates quoted 23 24 15
10th Percentile £400 £524 £385
25th Percentile £550 £631 £550
Median daily rate (50th Percentile) £625 £708 £800
Median % change year-on-year -11.66% -11.56% +18.52%
75th Percentile £781 £842 £844
90th Percentile £922 £921 £940
Central London median daily rate £625 £710 £800
% change year-on-year -11.97% -11.25% +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 666 649 901
As % of all contract IT jobs advertised in the City of London 39.27% 30.80% 31.44%
Number of daily rates quoted 479 405 578
10th Percentile £361 £356 £324
25th Percentile £453 £463 £481
Median daily rate (50th Percentile) £575 £593 £600
Median % change year-on-year -2.95% -1.25% -
75th Percentile £688 £725 £738
90th Percentile £775 £838 £832
Central London median daily rate £575 £583 £600
% change year-on-year -1.29% -2.92% +3.18%
Number of hourly rates quoted 8 2 10
10th Percentile £16.90 £32.05 £17.00
25th Percentile £19.11 £39.63 £19.31
Median hourly rate £24.75 £56.00 £35.50
Median % change year-on-year -55.80% +57.75% -24.06%
75th Percentile £43.39 £76.13 £45.64
90th Percentile £72.53 £85.95 £54.58
Central London median hourly rate £25.08 £27.00 £35.00
% change year-on-year -7.13% -22.86% -25.13%

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 21 October 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 4 (15.38%) Apache Spark
Cloud Services
1 5 (19.23%) AWS
2 3 (11.54%) Azure
2 3 (11.54%) GCP
3 2 (7.69%) Amazon SageMaker
3 2 (7.69%) Power Platform
4 1 (3.85%) Snowflake
Communications & Networking
1 1 (3.85%) SSL
Database & Business Intelligence
1 5 (19.23%) Hadoop
2 4 (15.38%) KDB
2 4 (15.38%) NoSQL
3 3 (11.54%) DB2
3 3 (11.54%) Kdb+
3 3 (11.54%) MemSQL
3 3 (11.54%) MongoDB
3 3 (11.54%) Sybase IQ
4 2 (7.69%) Apache Hive
4 2 (7.69%) Big Data
4 2 (7.69%) Geospatial Data
4 2 (7.69%) Power BI
4 2 (7.69%) Spatial Data
4 2 (7.69%) Tableau
5 1 (3.85%) Relational Database
Development Applications
1 3 (11.54%) Git
2 2 (7.69%) QUnit
3 1 (3.85%) Artifactory
3 1 (3.85%) GitLab
3 1 (3.85%) JIRA
3 1 (3.85%) MLflow
General
1 14 (53.85%) Analytical Skills
1 14 (53.85%) Social Skills
2 12 (46.15%) Finance
3 7 (26.92%) Front Office
4 5 (19.23%) Banking
4 5 (19.23%) Financial Institution
5 3 (11.54%) Public Sector
6 2 (7.69%) Police
6 2 (7.69%) Presentation Skills
7 1 (3.85%) Law
Job Titles
1 8 (30.77%) Developer
2 6 (23.08%) Data Scientist
2 6 (23.08%) Senior
3 4 (15.38%) Java Developer
3 4 (15.38%) Lead
3 4 (15.38%) Machine Learning Engineer
4 3 (11.54%) Senior Developer
5 2 (7.69%) KDB Developer
5 2 (7.69%) Senior Data Scientist
5 2 (7.69%) Technical Leader
6 1 (3.85%) Electronic Trading Developer
6 1 (3.85%) Electronic Trading Java Developer
6 1 (3.85%) Gen AI Specialist
6 1 (3.85%) Lead Data Scientist
6 1 (3.85%) QA Engineer
6 1 (3.85%) Quantitative Analyst
6 1 (3.85%) React Developer
6 1 (3.85%) Security Architect
6 1 (3.85%) Security Engineer
6 1 (3.85%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 8 (30.77%) TensorFlow
2 7 (26.92%) scikit-learn
3 6 (23.08%) Pandas
4 4 (15.38%) PyTorch
5 2 (7.69%) CSS
5 2 (7.69%) HTML
5 2 (7.69%) NumPy
5 2 (7.69%) PySpark
5 2 (7.69%) REST
6 1 (3.85%) Dask
6 1 (3.85%) FIX Protocol
6 1 (3.85%) Google JAX
6 1 (3.85%) jQuery
6 1 (3.85%) React
6 1 (3.85%) SOAP
6 1 (3.85%) Spring
6 1 (3.85%) Swing
6 1 (3.85%) XGBoost
6 1 (3.85%) XML
6 1 (3.85%) XSLT
Miscellaneous
1 9 (34.62%) Data Structures
2 5 (19.23%) Fixed Income
3 4 (15.38%) Distributed Computing
3 4 (15.38%) Enterprise Software
4 3 (11.54%) Derivative
4 3 (11.54%) Foreign Exchange (FX)
4 3 (11.54%) Product Ownership
5 2 (7.69%) Credit Risk
5 2 (7.69%) Distributed Systems
6 1 (3.85%) Analytical Mindset
6 1 (3.85%) Equities
6 1 (3.85%) Hedge funds
6 1 (3.85%) Low-Code
6 1 (3.85%) Management Information System
6 1 (3.85%) PKI
6 1 (3.85%) Self-Motivation
Operating Systems
1 4 (15.38%) Linux
2 2 (7.69%) Unix
3 1 (3.85%) Windows
3 1 (3.85%) Windows Server
Processes & Methodologies
1 14 (53.85%) Problem-Solving
2 12 (46.15%) Machine Learning
3 9 (34.62%) Computer Science
3 9 (34.62%) Data Science
4 8 (30.77%) AI
4 8 (30.77%) Analytics
4 8 (30.77%) Mathematics
5 7 (26.92%) Software Engineering
6 6 (23.08%) Risk Management
7 5 (19.23%) CI/CD
7 5 (19.23%) Decision-Making
8 4 (15.38%) Actionable Insight
8 4 (15.38%) Agile
8 4 (15.38%) Deep Learning
8 4 (15.38%) Low Latency
8 4 (15.38%) Visualisation
9 3 (11.54%) Algorithmic Trading
9 3 (11.54%) Multithreading
9 3 (11.54%) Natural Language Processing
9 3 (11.54%) Statistical Modelling
Programming Languages
1 14 (53.85%) Python
2 9 (34.62%) SQL
3 6 (23.08%) Java
4 3 (11.54%) C++
5 2 (7.69%) JavaScript
5 2 (7.69%) R
6 1 (3.85%) C
6 1 (3.85%) C#
6 1 (3.85%) PowerShell
6 1 (3.85%) VBA
6 1 (3.85%) VC++
Qualifications
1 9 (34.62%) Degree
2 4 (15.38%) Computer Science Degree
2 4 (15.38%) Master's Degree
3 3 (11.54%) PhD
3 3 (11.54%) Security Cleared
4 2 (7.69%) Postgraduate
5 1 (3.85%) BPSS Clearance
5 1 (3.85%) CISM
5 1 (3.85%) CISSP
5 1 (3.85%) CREST Certified
5 1 (3.85%) GIAC
5 1 (3.85%) Numerate Degree
5 1 (3.85%) SANS
5 1 (3.85%) SC Cleared
Quality Assurance & Compliance
1 1 (3.85%) EMIR
1 1 (3.85%) ISO/IEC 27001
1 1 (3.85%) NIST
1 1 (3.85%) QA
System Software
1 2 (7.69%) Docker
Systems Management
1 4 (15.38%) Kubernetes
2 1 (3.85%) Kubeflow
2 1 (3.85%) Rundeck
Vendors
1 2 (7.69%) Microsoft
2 1 (3.85%) ION Trading
2 1 (3.85%) Oracle
2 1 (3.85%) OutSystems