Physics Contract Job Trends in the City of London

Physics
Central London > City of London

The table below provides summary statistics and contractor rates for jobs advertised in the City of London requiring Physics skills. It covers contract job vacancies from the 6 months leading up to 18 June 2026, with comparisons to the same periods in the previous two years.

6 months to
18 Jun 2026
Same period 2025 Same period 2024
Rank 135 114 122
Rank change year-on-year -21 +8 +19
Contract jobs citing Physics 2 4 6
As % of all contract jobs in the City of London 0.083% 0.23% 0.27%
As % of the Processes & Methodologies category 0.096% 0.25% 0.30%
Number of daily rates quoted 1 4 2
10th Percentile - £574 £613
25th Percentile £728 £700 £631
Median daily rate (50th Percentile) £755 £803 £700
Median % change year-on-year -5.92% +14.64% -15.15%
75th Percentile £783 £867 £756
90th Percentile - £947 £768
Central London median daily rate £755 £803 £700
% change year-on-year -5.92% +14.64% -15.15%

All Process & Methodology Skills
City of London

Physics falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the City of London.

Contract vacancies with a requirement for process or methodology skills 2,074 1,618 1,976
As % of all contract IT jobs advertised in the City of London 85.56% 93.63% 90.48%
Number of daily rates quoted 1,389 1,032 1,374
10th Percentile £363 £355 £361
25th Percentile £450 £450 £463
Median daily rate (50th Percentile) £550 £550 £566
Median % change year-on-year - -2.87% -5.63%
75th Percentile £675 £688 £688
90th Percentile £775 £775 £800
Central London median daily rate £550 £550 £550
% change year-on-year - - -8.33%
Number of hourly rates quoted 30 16 14
10th Percentile £17.56 £19.25 £20.01
25th Percentile £18.75 £24.43 £20.29
Median hourly rate £24.47 £29.75 £26.63
Median % change year-on-year -17.76% +11.74% -23.93%
75th Percentile £42.91 £52.50 £40.00
90th Percentile £60.25 £76.25 £47.73
Central London median hourly rate £27.50 £29.07 £27.81
% change year-on-year -5.40% +4.53% -20.54%

Physics
Job Vacancy Trend in the City of London

Historical trend showing the proportion of contract IT job postings citing Physics relative to all contract IT jobs advertised in the City of London.

Physics job vacancy trend in the City of London

Physics
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Physics.

Contractor daily rate distribution trend for jobs in the City of London citing Physics

Physics
Hourly Rate Trend in the City of London

Contractor hourly rate distribution trend for jobs in the City of London citing Physics.

Contractor hourly rate distribution trend for jobs in the City of London citing Physics

Physics
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:

General
1 1 (50.00%) Finance
1 1 (50.00%) Retail
Job Titles
1 1 (50.00%) Data Scientist
1 1 (50.00%) Senior
Miscellaneous
1 1 (50.00%) Algorithms
1 1 (50.00%) Derivative
1 1 (50.00%) Distributed Computing
1 1 (50.00%) Distributed Systems
1 1 (50.00%) Exotic Derivative
1 1 (50.00%) Foreign Exchange (FX)
1 1 (50.00%) Legacy Systems
1 1 (50.00%) OTC Derivatives
Processes & Methodologies
1 2 (100.00%) Computer Science
1 2 (100.00%) Mathematics
2 1 (50.00%) AI
2 1 (50.00%) Analytics
2 1 (50.00%) Critical Thinking
2 1 (50.00%) Curve Construction
2 1 (50.00%) Customer Experience
2 1 (50.00%) Data Pipeline
2 1 (50.00%) Data Science
2 1 (50.00%) Decision-Making
2 1 (50.00%) Generative AI
2 1 (50.00%) LLM
2 1 (50.00%) Low Latency
2 1 (50.00%) Machine Learning
2 1 (50.00%) Memory Management
2 1 (50.00%) Model Validation
2 1 (50.00%) Monte Carlo Method
2 1 (50.00%) Performance Optimisation
2 1 (50.00%) Software Engineering
2 1 (50.00%) Statistics
Programming Languages
1 2 (100.00%) Python
2 1 (50.00%) C++
2 1 (50.00%) Java
Qualifications
1 2 (100.00%) Degree
2 1 (50.00%) Master's Degree
2 1 (50.00%) PhD