Period
to 22 January 2019

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Predictive Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Predictive Modelling over the 6 months to 22 January 2019 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.

Predictive Modelling
Central London > City of London
6 months to
22 Jan 2019
Same period 2018 Same period 2017
Rank 233 242 193
Rank change year-on-year +9 -49 +35
Contract jobs citing Predictive Modelling 7 8 39
As % of all contract IT jobs advertised in the City of London 0.10% 0.11% 0.64%
As % of the Processes & Methodologies category 0.12% 0.13% 0.72%
Number of daily rates quoted 4 5 33
City of London median daily rate £588 £473 £450
Median daily rate % change year-on-year +24.34% +5.00% +12.50%
10th Percentile £536 £461 £425
90th Percentile £622 £633 £475
Central London median daily rate £588 £473 £450
% change year-on-year +24.34% +5.00% +12.50%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Predictive Modelling is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 5,990 6,299 5,442
As % of all contract IT jobs advertised in the City of London 87.82% 89.06% 88.98%
Number of daily rates quoted 4,685 5,036 4,322
City of London median daily rate £513 £500 £475
Median daily rate % change year-on-year +2.50% +5.26% -
10th Percentile £315 £325 £313
90th Percentile £675 £688 £669
Central London median daily rate £513 £500 £475
% change year-on-year +2.50% +5.26% +5.56%
Number of hourly rates quoted 64 61 48
City of London median hourly rate £19.13 £18.70 £20.34
Median hourly rate % change year-on-year +2.27% -8.04% -6.51%
10th Percentile £13.00 £11.81 £13.68
90th Percentile £36.46 £31.50 £55.00
Central London median hourly rate £20.00 £20.50 £19.00
% change year-on-year -2.44% +7.89% -11.35%

Predictive Modelling
Job Vacancy Trend in the City of London

Job postings citing Predictive Modelling as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Predictive Modelling in the City of London

Predictive Modelling
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Predictive Modelling in the City of London.

Contractor daily rate trend for Predictive Modelling in the City of London

For the 6 months to 22 January 2019, IT contractor jobs citing Predictive Modelling 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 Predictive Modelling.

1 6 (85.71%) Data Science
2 5 (71.43%) Algorithms
2 5 (71.43%) Machine Learning
2 5 (71.43%) Big Data
2 5 (71.43%) Mathematics
3 4 (57.14%) Hadoop
3 4 (57.14%) Artificial Intelligence
3 4 (57.14%) Statistical Analysis
3 4 (57.14%) Analytics
3 4 (57.14%) Apache Spark
4 3 (42.86%) Quantitative Research
4 3 (42.86%) Applied Mathematics
4 3 (42.86%) Computer Science
4 3 (42.86%) SQL
4 3 (42.86%) Python
4 3 (42.86%) Data Mining
4 3 (42.86%) Scrum
5 2 (28.57%) Finance
5 2 (28.57%) SAS
5 2 (28.57%) Statistics
5 2 (28.57%) Degree
5 2 (28.57%) R
5 2 (28.57%) Natural Language Processing
5 2 (28.57%) Data Quality
5 2 (28.57%) Data Engineering
5 2 (28.57%) Commercial Awareness
5 2 (28.57%) Analytical Skills
6 1 (14.29%) Problem-Solving
6 1 (14.29%) Naive Bayes
6 1 (14.29%) Master's Degree

Predictive Modelling
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 4 (57.14%) Apache Spark
2 2 (28.57%) SAS
3 1 (14.29%) Apache Airflow
3 1 (14.29%) Jupyter
3 1 (14.29%) Luigi
Cloud Services
1 1 (14.29%) Amazon AWS
1 1 (14.29%) Amazon Kinesis
Database & Business Intelligence
1 5 (71.43%) Big Data
2 4 (57.14%) Hadoop
3 3 (42.86%) Data Mining
4 1 (14.29%) Apache Hive
4 1 (14.29%) Impala
Development Applications
1 1 (14.29%) JIRA
General
1 2 (28.57%) Finance
2 1 (14.29%) Advertising
2 1 (14.29%) Banking
2 1 (14.29%) Legal
2 1 (14.29%) Marketing
Job Titles
1 3 (42.86%) Scrum Master
2 2 (28.57%) Data Scientist
3 1 (14.29%) Machine Learning Researcher
3 1 (14.29%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 2 (28.57%) Natural Language Processing
2 1 (14.29%) MLlib
2 1 (14.29%) scikit-learn
Miscellaneous
1 5 (71.43%) Algorithms
2 2 (28.57%) Analytical Skills
3 1 (14.29%) Data Structures
Processes & Methodologies
1 6 (85.71%) Data Science
2 5 (71.43%) Machine Learning
2 5 (71.43%) Mathematics
3 4 (57.14%) Analytics
3 4 (57.14%) Artificial Intelligence
3 4 (57.14%) Statistical Analysis
4 3 (42.86%) Applied Mathematics
4 3 (42.86%) Computer Science
4 3 (42.86%) Quantitative Research
4 3 (42.86%) Scrum
5 2 (28.57%) Commercial Awareness
5 2 (28.57%) Data Engineering
5 2 (28.57%) Statistics
6 1 (14.29%) Complexity Analysis
6 1 (14.29%) Decision Tree
6 1 (14.29%) Naive Bayes
6 1 (14.29%) Problem-Solving
6 1 (14.29%) Random Forest
6 1 (14.29%) Reinforcement Learning
6 1 (14.29%) SDLC
Programming Languages
1 3 (42.86%) Python
1 3 (42.86%) SQL
2 2 (28.57%) R
3 1 (14.29%) C#
3 1 (14.29%) C++
3 1 (14.29%) Java
3 1 (14.29%) JavaScript
3 1 (14.29%) Perl
Qualifications
1 2 (28.57%) Degree
2 1 (14.29%) Master's Degree
2 1 (14.29%) PhD
Quality Assurance & Compliance
1 2 (28.57%) Data Quality
2 1 (14.29%) QA