Period
to 25 January 2022

The median contractor rate for a Data Scientist was £613 per day in advertised job vacancies in the City of London during the 6 months to 25 January 2022.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Data Scientist
Central London > City of London
6 months to
25 Jan 2022
Same period 2021 Same period 2020
Rank 165 114 141
Rank change year-on-year -51 +27 +52
Contract jobs requiring a Data Scientist 21 18 55
As % of all contract jobs advertised in the City of London 0.52% 0.86% 1.13%
As % of the Job Titles category 0.57% 0.93% 1.21%
Number of daily rates quoted 17 18 43
10th Percentile £363 £313 £406
25th Percentile £563 £400 £446
Median daily rate (50th Percentile) £613 £513 £550
Median % change year-on-year +19.51% -6.82% -
75th Percentile £638 £634 £625
90th Percentile £675 £688 £668
Central London median daily rate £613 £538 £550
% change year-on-year +13.95% -2.27% -
Number of hourly rates quoted 2 0 2
10th Percentile £48.45 - -
25th Percentile £50.25 - £24.50
Median hourly rate £54.50 - £25.00
75th Percentile £58.75 - £25.50
90th Percentile £60.55 - -
Central London median hourly rate £54.50 - £25.00

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 3,705 1,933 4,562
% of contract IT jobs with a recognized job title 92.39% 92.58% 93.45%
Number of daily rates quoted 2,866 1,469 3,581
10th Percentile £358 £306 £300
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £515 £500
Median % change year-on-year +6.80% +3.00% -
75th Percentile £650 £604 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £510 £500
% change year-on-year +7.84% +2.00% -
Number of hourly rates quoted 46 19 60
10th Percentile £13.88 £16.15 £12.38
25th Percentile £18.63 £20.50 £14.19
Median hourly rate £34.75 £23.00 £19.75
Median % change year-on-year +51.09% +16.46% +5.61%
75th Percentile £51.50 £36.88 £25.50
90th Percentile £62.50 £46.35 £49.50
Central London median hourly rate £35.00 £24.75 £20.00
% change year-on-year +41.41% +23.75% +6.95%

Data Scientist
Job Vacancy Trend in the City of London

Job postings that featured Data Scientist in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Data Scientist in the City of London

Data Scientist
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Data Scientist in the City of London.

Daily rate trend for Data Scientist in the City of London

Data Scientist
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Data Scientist in the City of London over the 6 months to 25 January 2022.

Daily rate histogram for Data Scientist in the City of London

Data Scientist
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Data Scientist in the City of London.

Hourly rate trend for Data Scientist in the City of London

Data Scientist
Hourly Rate Histogram in the City of London

Hourly rate distribution of jobs citing Data Scientist in the City of London over the 6 months to 25 January 2022.

Hourly rate histogram for Data Scientist in the City of London

Data Scientist Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 25 January 2022, Data Scientist contract jobs required the following IT 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 featuring Data Scientist in the job title.

1 21 (100.00%) Data Science
2 20 (95.24%) Python
3 15 (71.43%) Statistics
4 13 (61.90%) Analytical Skills
5 12 (57.14%) Analytics
5 12 (57.14%) Natural Language Processing
5 12 (57.14%) Machine Learning
6 11 (52.38%) Algorithms
6 11 (52.38%) Degree
7 10 (47.62%) Mathematics
7 10 (47.62%) Visualisation
7 10 (47.62%) Actionable Insight
8 9 (42.86%) Computer Science
8 9 (42.86%) Artificial Intelligence
9 8 (38.10%) SQL
9 8 (38.10%) R
10 7 (33.33%) Big Data
10 7 (33.33%) Hadoop
10 7 (33.33%) Data Cleansing
11 6 (28.57%) Apache Spark
11 6 (28.57%) TensorFlow
11 6 (28.57%) Matplotlib
12 5 (23.81%) Bayesian Methods
12 5 (23.81%) Predictive Modelling
12 5 (23.81%) Tableau
12 5 (23.81%) Data Modelling
12 5 (23.81%) Decision-Making
13 4 (19.05%) Public Sector
13 4 (19.05%) PyTorch
13 4 (19.05%) Data Mining

Data Scientist Skill Set
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 6 (28.57%) Apache Spark
2 3 (14.29%) Jupyter
Cloud Services
1 3 (14.29%) AWS
1 3 (14.29%) Azure
2 1 (4.76%) GitHub
2 1 (4.76%) Snowflake
Database & Business Intelligence
1 7 (33.33%) Big Data
1 7 (33.33%) Hadoop
2 5 (23.81%) Tableau
3 4 (19.05%) Apache Cassandra
3 4 (19.05%) Data Mining
4 2 (9.52%) Apache Hive
5 1 (4.76%) Data Warehouse
5 1 (4.76%) Neo4j
General
1 13 (61.90%) Analytical Skills
2 4 (19.05%) Public Sector
3 3 (14.29%) Banking
3 3 (14.29%) Pharmaceutical
4 2 (9.52%) Marketing
5 1 (4.76%) Finance
5 1 (4.76%) Presentation Skills
5 1 (4.76%) Social Skills
Libraries, Frameworks & Software Standards
1 6 (28.57%) Matplotlib
1 6 (28.57%) TensorFlow
2 4 (19.05%) PyTorch
3 3 (14.29%) NumPy
3 3 (14.29%) Pandas
3 3 (14.29%) PyMC3
Miscellaneous
1 11 (52.38%) Algorithms
2 2 (9.52%) Social Media
Processes & Methodologies
1 21 (100.00%) Data Science
2 15 (71.43%) Statistics
3 12 (57.14%) Analytics
3 12 (57.14%) Machine Learning
3 12 (57.14%) Natural Language Processing
4 10 (47.62%) Actionable Insight
4 10 (47.62%) Mathematics
4 10 (47.62%) Visualisation
5 9 (42.86%) Artificial Intelligence
5 9 (42.86%) Computer Science
6 7 (33.33%) Data Cleansing
7 5 (23.81%) Bayesian Methods
7 5 (23.81%) Data Modelling
7 5 (23.81%) Decision-Making
7 5 (23.81%) Predictive Modelling
8 4 (19.05%) Asset Management
8 4 (19.05%) Data Engineering
8 4 (19.05%) Data Visualisation
9 3 (14.29%) Dashboard Development
9 3 (14.29%) Data Analysis
Programming Languages
1 20 (95.24%) Python
2 8 (38.10%) R
2 8 (38.10%) SQL
3 4 (19.05%) C
3 4 (19.05%) C++
3 4 (19.05%) Java
Qualifications
1 11 (52.38%) Degree
2 2 (9.52%) PhD
3 1 (4.76%) Computer Science Degree
3 1 (4.76%) Master's Degree
3 1 (4.76%) SC Cleared
3 1 (4.76%) Security Cleared
Quality Assurance & Compliance
1 3 (14.29%) QA
2 2 (9.52%) Actionable Recommendations
3 1 (4.76%) Data Quality
3 1 (4.76%) SNOMED CT
Vendors
1 1 (4.76%) Databricks
1 1 (4.76%) Salesforce.com