Period
to 6 August 2020

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for PhD qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 6 August 2020 with a comparison to the 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.

Doctor of Philosophy (PhD, DPhil, EngD, Doctorate)
Central London > City of London
6 months to
6 Aug 2020
Same period 2019 Same period 2018
Rank 130 214 218
Rank change year-on-year +84 +4 0
Contract jobs citing PhD 6 27 45
As % of all contract jobs advertised in the City of London 0.27% 0.42% 0.65%
As % of the Qualifications category 1.43% 3.13% 4.59%
Number of daily rates quoted 3 24 33
Median daily rate £450 £625 £700
Median daily rate % change year-on-year -28.00% -10.71% -9.68%
10th Percentile £415 £504 £525
90th Percentile £695 £800 £850
Central London median daily rate £450 £625 £575
% change year-on-year -28.00% +8.70% -25.81%
Number of hourly rates quoted 2 1 0
Median hourly rate £40.25 £38.00 -
Median hourly rate % change year-on-year +5.92% - -
Central London median hourly rate £40.25 £38.00 -
% change year-on-year +5.92% - -

PhD is in the Academic Qualifications and Professional Certifications 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 academic qualifications or professional certifications.

All Academic and Professional Certifications
City of London
Contract vacancies requiring academic qualifications or professional certifications 420 863 981
As % of all contract IT jobs advertised in the City of London 18.59% 13.28% 14.09%
Number of daily rates quoted 248 629 678
Median daily rate £503 £513 £500
Median daily rate % change year-on-year -1.95% +2.50% +5.26%
10th Percentile £267 £305 £307
90th Percentile £646 £688 £700
Central London median daily rate £500 £500 £500
Number of hourly rates quoted 10 13 58
Median hourly rate £35.25 £31.00 £18.70
Median hourly rate % change year-on-year +13.71% +65.78% +0.03%
10th Percentile £17.93 £10.75 £14.00
90th Percentile £46.18 £54.65 £31.13
Median hourly rate £35.00 £22.93 £18.70
% change year-on-year +52.64% +22.62% -

PhD
Job Vacancy Trend in the City of London

Job postings citing PhD as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for PhD in the City of London

PhD
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for PhD in the City of London

PhD
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing PhD in the City of London over the 6 months to 6 August 2020.

Daily rate histogram for PhD in the City of London

PhD
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for PhD in the City of London

For the 6 months to 6 August 2020, IT contractor jobs citing PhD 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 PhD.

1 4 (66.67%) Degree
2 3 (50.00%) Mathematics
2 3 (50.00%) Computer Science
2 3 (50.00%) Python
2 3 (50.00%) Open Source
2 3 (50.00%) Machine Learning
2 3 (50.00%) Data Science
3 2 (33.33%) Social Science
3 2 (33.33%) Master's Degree
3 2 (33.33%) H2O
3 2 (33.33%) TensorFlow
3 2 (33.33%) Big Data
3 2 (33.33%) Social Media
3 2 (33.33%) SciPy
3 2 (33.33%) Physics
3 2 (33.33%) Psychology
3 2 (33.33%) Azure
3 2 (33.33%) AWS
3 2 (33.33%) Pandas
3 2 (33.33%) User Experience
3 2 (33.33%) Analytical Skills
3 2 (33.33%) Apache Spark
3 2 (33.33%) Algorithms
3 2 (33.33%) GCP
3 2 (33.33%) MLlib
3 2 (33.33%) Agile Software Development
3 2 (33.33%) Artificial Intelligence
3 2 (33.33%) Use Case
4 1 (16.67%) Market Research
4 1 (16.67%) Product Management

PhD
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 2 (33.33%) Apache Spark
Cloud Services
1 2 (33.33%) AWS
1 2 (33.33%) Azure
1 2 (33.33%) GCP
Database & Business Intelligence
1 2 (33.33%) Big Data
General
1 2 (33.33%) Social Science
2 1 (16.67%) Front Office
2 1 (16.67%) Marketing
Job Titles
1 3 (50.00%) Data Scientist
2 2 (33.33%) User Experience Researcher
3 1 (16.67%) Developer
3 1 (16.67%) Machine Learning Scientist
3 1 (16.67%) Quantitative Developer
3 1 (16.67%) Senior User Experience Researcher
Libraries, Frameworks & Software Standards
1 2 (33.33%) H2O
1 2 (33.33%) MLlib
1 2 (33.33%) Pandas
1 2 (33.33%) SciPy
1 2 (33.33%) TensorFlow
Miscellaneous
1 2 (33.33%) Algorithms
1 2 (33.33%) Analytical Skills
1 2 (33.33%) Social Media
1 2 (33.33%) User Experience
2 1 (16.67%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (50.00%) Computer Science
1 3 (50.00%) Data Science
1 3 (50.00%) Machine Learning
1 3 (50.00%) Mathematics
1 3 (50.00%) Open Source
2 2 (33.33%) Agile Software Development
2 2 (33.33%) Artificial Intelligence
2 2 (33.33%) Physics
2 2 (33.33%) Psychology
2 2 (33.33%) Use Case
3 1 (16.67%) Actionable Insight
3 1 (16.67%) Anthropology
3 1 (16.67%) Applied Mathematics
3 1 (16.67%) Behavioural Analysis
3 1 (16.67%) Data Engineering
3 1 (16.67%) Probability Theory
3 1 (16.67%) Qualitative Research
3 1 (16.67%) Sociology
3 1 (16.67%) Statistical Analysis
3 1 (16.67%) Statistics
Programming Languages
1 3 (50.00%) Python
2 1 (16.67%) C++
2 1 (16.67%) SQL
Qualifications
1 4 (66.67%) Degree
2 2 (33.33%) Master's Degree