Period
to 29 November 2020

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 29 November 2020 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
29 Nov 2020
Same period 2019 Same period 2018
Rank 107 139 145
Rank change year-on-year +32 +6 +15
Contract jobs citing Algorithms 17 78 118
As % of all contract jobs advertised in the City of London 0.87% 1.35% 1.67%
As % of the Miscellaneous category 2.35% 4.23% 4.20%
Number of daily rates quoted 15 61 82
Median daily rate £550 £550 £600
Median daily rate % change year-on-year - -8.33% -4.00%
10th Percentile £425 £410 £413
90th Percentile £703 £738 £724
Central London median daily rate £600 £550 £575
% change year-on-year +9.09% -4.35% -4.17%
Number of hourly rates quoted 1 1 0
Median hourly rate £38.50 £12.00 -
Median hourly rate % change year-on-year +220.83% - -
Central London median hourly rate £38.50 £12.00 -
% change year-on-year +220.83% - -

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 722 1,842 2,810
As % of all contract IT jobs advertised in the City of London 37.10% 32.00% 39.81%
Number of daily rates quoted 473 1,402 2,184
Median daily rate £525 £525 £525
10th Percentile £325 £298 £283
90th Percentile £723 £700 £713
Central London median daily rate £525 £515 £525
% change year-on-year +1.94% -1.90% -
Number of hourly rates quoted 25 25 63
Median hourly rate £35.00 £21.00 £19.25
Median hourly rate % change year-on-year +66.67% +9.09% -18.92%
10th Percentile £14.92 £12.30 £13.45
90th Percentile £47.05 £51.85 £36.27
Median hourly rate £32.00 £21.00 £19.25
% change year-on-year +52.38% +9.09% -14.44%

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 29 November 2020.

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

For the 6 months to 29 November 2020, 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 9 (52.94%) Python
2 7 (41.18%) Finance
2 7 (41.18%) Java
2 7 (41.18%) Degree
3 6 (35.29%) Mathematics
3 6 (35.29%) AWS
3 6 (35.29%) Machine Learning
3 6 (35.29%) Data Structures
4 5 (29.41%) Analytics
4 5 (29.41%) Computer Science
4 5 (29.41%) Statistics
4 5 (29.41%) Terraform
4 5 (29.41%) Data Science
5 4 (23.53%) Problem-Solving
5 4 (23.53%) Continuous Integration
5 4 (23.53%) Multithreading
5 4 (23.53%) Analytical Skills
5 4 (23.53%) Azure
5 4 (23.53%) Kafka
6 3 (17.65%) Hadoop
6 3 (17.65%) Microservices
6 3 (17.65%) Apache Spark
6 3 (17.65%) Kubernetes
6 3 (17.65%) Big Data
6 3 (17.65%) Jenkins
6 3 (17.65%) Flask
6 3 (17.65%) JavaScript
6 3 (17.65%) SQL
6 3 (17.65%) C++
6 3 (17.65%) Linux

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 3 (17.65%) Apache Spark
2 1 (5.88%) Apache Airflow
Applications
1 1 (5.88%) Chatbot
1 1 (5.88%) Microsoft PowerPoint
Cloud Services
1 6 (35.29%) AWS
2 4 (23.53%) Azure
3 3 (17.65%) Serverless
4 2 (11.76%) AWS CloudFormation
4 2 (11.76%) AWS CodePipeline
4 2 (11.76%) GCP
4 2 (11.76%) IaaS
4 2 (11.76%) PaaS
5 1 (5.88%) Cloud Computing
5 1 (5.88%) OpenShift
5 1 (5.88%) SaaS
Database & Business Intelligence
1 3 (17.65%) Big Data
1 3 (17.65%) Hadoop
2 2 (11.76%) MongoDB
2 2 (11.76%) Redis
3 1 (5.88%) Apache Cassandra
3 1 (5.88%) Apache Hive
3 1 (5.88%) Data Mining
3 1 (5.88%) NoSQL
3 1 (5.88%) PostgreSQL
3 1 (5.88%) Sqoop
Development Applications
1 3 (17.65%) Jenkins
2 2 (11.76%) Cucumber
2 2 (11.76%) Grunt
2 2 (11.76%) gulp
3 1 (5.88%) Git (software)
3 1 (5.88%) Hudson
3 1 (5.88%) Maven
3 1 (5.88%) MLflow
3 1 (5.88%) Selenium
General
1 7 (41.18%) Finance
2 2 (11.76%) Banking
2 2 (11.76%) Front Office
2 2 (11.76%) Retail Banking
3 1 (5.88%) Games
3 1 (5.88%) Retail
Job Titles
1 8 (47.06%) Developer
2 4 (23.53%) Data Scientist
3 3 (17.65%) Java Developer
4 2 (11.76%) C# Developer
4 2 (11.76%) Python Developer
5 1 (5.88%) Architect
5 1 (5.88%) AWS Developer
5 1 (5.88%) C++ Developer
5 1 (5.88%) Chief Technology Officer
5 1 (5.88%) DevOps Engineer
5 1 (5.88%) Django Developer
5 1 (5.88%) GUI Architect
5 1 (5.88%) Lead DevOps
5 1 (5.88%) Lead DevOps Engineer
5 1 (5.88%) Low Latency Java Developer
5 1 (5.88%) Python Engineer
5 1 (5.88%) Python/Django Developer
5 1 (5.88%) Senior Data Scientist
5 1 (5.88%) Senior Developer
5 1 (5.88%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 4 (23.53%) Kafka
2 3 (17.65%) Flask
3 2 (11.76%) FIX Protocol
3 2 (11.76%) Natural Language Processing
3 2 (11.76%) RabbitMQ
3 2 (11.76%) React
3 2 (11.76%) Redux
3 2 (11.76%) REST
3 2 (11.76%) Web Services
3 2 (11.76%) ZeroMQ
4 1 (5.88%) CSS
4 1 (5.88%) D3.js
4 1 (5.88%) Django
4 1 (5.88%) Enzyme
4 1 (5.88%) HTML
4 1 (5.88%) Jest
4 1 (5.88%) JMS
4 1 (5.88%) Spring
4 1 (5.88%) Spring Security
4 1 (5.88%) WebSockets
Miscellaneous
1 6 (35.29%) Data Structures
2 4 (23.53%) Analytical Skills
3 2 (11.76%) Blog
3 2 (11.76%) Data Centre
3 2 (11.76%) Foreign Exchange (FX)
3 2 (11.76%) Market Risk
3 2 (11.76%) Self-Motivation
4 1 (5.88%) Analytical Mindset
4 1 (5.88%) Derivative
4 1 (5.88%) Equities
4 1 (5.88%) Equity Derivative
4 1 (5.88%) Social Media
Operating Systems
1 3 (17.65%) Linux
2 1 (5.88%) Unix
Processes & Methodologies
1 6 (35.29%) Machine Learning
1 6 (35.29%) Mathematics
2 5 (29.41%) Analytics
2 5 (29.41%) Computer Science
2 5 (29.41%) Data Science
2 5 (29.41%) Statistics
3 4 (23.53%) Continuous Integration
3 4 (23.53%) Multithreading
3 4 (23.53%) Problem-Solving
4 3 (17.65%) Infrastructure as Code
4 3 (17.65%) Microservices
5 2 (11.76%) Build Automation
5 2 (11.76%) Complexity Analysis
5 2 (11.76%) Continuous Delivery
5 2 (11.76%) DevOps
5 2 (11.76%) Front End Development
5 2 (11.76%) Low Latency
5 2 (11.76%) Quantitative Finance
5 2 (11.76%) Risk Analytics
5 2 (11.76%) Test Automation
Programming Languages
1 9 (52.94%) Python
2 7 (41.18%) Java
3 3 (17.65%) C++
3 3 (17.65%) JavaScript
3 3 (17.65%) SQL
4 2 (11.76%) C#
4 2 (11.76%) ES6
4 2 (11.76%) R
5 1 (5.88%) Bash Shell
5 1 (5.88%) Java 8
5 1 (5.88%) Kotlin
5 1 (5.88%) TypeScript
Qualifications
1 7 (41.18%) Degree
2 2 (11.76%) Numerate Degree
3 1 (5.88%) Computer Science Degree
3 1 (5.88%) PhD
Quality Assurance & Compliance
1 1 (5.88%) QA
System Software
1 2 (11.76%) Apache ZooKeeper
1 2 (11.76%) etcd
1 2 (11.76%) Varnish
2 1 (5.88%) Docker
Systems Management
1 5 (29.41%) Terraform
2 3 (17.65%) Kubernetes
3 2 (11.76%) Consul
3 2 (11.76%) Opscode Chef
4 1 (5.88%) Kubeflow
4 1 (5.88%) Rundeck
Vendors
1 2 (11.76%) Microsoft
2 1 (5.88%) Solace