Period
to 18 December 2018

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Statistical Modelling over the 6 months to 18 December 2018 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.

Statistical Modelling
Central London > City of London
6 months to
18 Dec 2018
Same period 2017 Same period 2016
Rank 239 245 239
Rank change year-on-year +6 -6 +15
Contract jobs citing Statistical Modelling 17 11 4
As % of all contract IT jobs advertised in the City of London 0.24% 0.15% 0.062%
As % of the Processes & Methodologies category 0.27% 0.17% 0.069%
Number of daily rates quoted 13 10 3
City of London median daily rate £550 £300 £325
Median daily rate % change year-on-year +83.33% -7.69% -35.00%
10th Percentile £363 £266 £283
90th Percentile £653 £601 £440
Central London median daily rate £550 £300 £325
% change year-on-year +83.33% -7.69% -21.21%
Number of hourly rates quoted 0 0 1
City of London median hourly rate - - £19.92
Central London median hourly rate - - £19.92

Statistical 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 6,205 6,447 5,759
As % of all contract IT jobs advertised in the City of London 87.42% 89.59% 88.74%
Number of daily rates quoted 4,890 5,139 4,552
City of London median daily rate £513 £505 £475
Median daily rate % change year-on-year +1.49% +6.32% -
10th Percentile £325 £325 £318
90th Percentile £675 £688 £672
Central London median daily rate £505 £500 £475
% change year-on-year +1.00% +5.26% +2.70%
Number of hourly rates quoted 83 61 53
City of London median hourly rate £19.00 £18.70 £20.00
Median hourly rate % change year-on-year +1.60% -6.50% -2.44%
10th Percentile £13.31 £13.30 £13.75
90th Percentile £34.60 £31.00 £55.00
Central London median hourly rate £19.00 £20.00 £19.00
% change year-on-year -5.00% +5.26% -5.00%

Statistical Modelling
Job Vacancy Trend in the City of London

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

Job vacancy trend for Statistical Modelling in the City of London

Statistical 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 Statistical Modelling in the City of London.

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

Statistical Modelling
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Statistical Modelling in the City of London over the 6 months to 18 December 2018.

Contractor daily rate histogram for Statistical Modelling in the City of London

For the 6 months to 18 December 2018, IT contractor jobs citing Statistical 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 Statistical Modelling.

1 15 (88.24%) Data Science
2 14 (82.35%) Python
3 12 (70.59%) Analytics
4 11 (64.71%) Machine Learning
5 9 (52.94%) Big Data
5 9 (52.94%) Visualisation
5 9 (52.94%) Amazon AWS
6 8 (47.06%) Hadoop
6 8 (47.06%) Deep Learning
7 7 (41.18%) Analytical Skills
7 7 (41.18%) Apache Spark
7 7 (41.18%) Apache Hive
7 7 (41.18%) Degree
7 7 (41.18%) SQL
8 6 (35.29%) Predictive Analytics
8 6 (35.29%) Amazon EMR
8 6 (35.29%) Hortonworks
8 6 (35.29%) Cloudera
8 6 (35.29%) Performance Optimisation
8 6 (35.29%) PySpark
9 5 (29.41%) Master's Degree
9 5 (29.41%) TensorFlow
9 5 (29.41%) Algorithms
9 5 (29.41%) Data Analysis
10 4 (23.53%) Software Engineering
10 4 (23.53%) Agile Software Development
10 4 (23.53%) Mathematics
10 4 (23.53%) R
10 4 (23.53%) scikit-learn
10 4 (23.53%) Tableau

Statistical 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 7 (41.18%) Apache Spark
2 2 (11.76%) Elasticsearch
3 1 (5.88%) SAS
Cloud Services
1 9 (52.94%) Amazon AWS
2 6 (35.29%) Amazon EMR
3 2 (11.76%) Amazon S3
3 2 (11.76%) Cloud Computing
3 2 (11.76%) GitHub
3 2 (11.76%) Microsoft Azure
4 1 (5.88%) Google Cloud Platform
Database & Business Intelligence
1 9 (52.94%) Big Data
2 8 (47.06%) Hadoop
3 7 (41.18%) Apache Hive
4 3 (17.65%) Relational Database
4 3 (17.65%) Spotfire
5 2 (11.76%) Data Mining
5 2 (11.76%) InfluxDB
5 2 (11.76%) MongoDB
5 2 (11.76%) MySQL
5 2 (11.76%) Neo4j
5 2 (11.76%) PostgreSQL
6 1 (5.88%) Oracle Database
6 1 (5.88%) Power BI
6 1 (5.88%) SQL Server Integration Services
Development Applications
1 2 (11.76%) Bitbucket
1 2 (11.76%) GitLab
1 2 (11.76%) Jenkins
1 2 (11.76%) JIRA
General
1 1 (5.88%) Electronics
1 1 (5.88%) Front Office
1 1 (5.88%) Publishing
Job Titles
1 13 (76.47%) Data Scientist
2 4 (23.53%) Senior Data Scientist
3 2 (11.76%) Business Analyst
3 2 (11.76%) Data Business Analyst
3 2 (11.76%) Data Engineer
4 1 (5.88%) Analyst
4 1 (5.88%) Azure Engineer
4 1 (5.88%) Data Analyst
4 1 (5.88%) Developer
4 1 (5.88%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 6 (35.29%) PySpark
2 5 (29.41%) TensorFlow
3 4 (23.53%) scikit-learn
4 3 (17.65%) MLlib
4 3 (17.65%) Natural Language Processing
4 3 (17.65%) Pandas
4 3 (17.65%) Theano
4 3 (17.65%) Torch
5 2 (11.76%) SciPy
6 1 (5.88%) Kafka
6 1 (5.88%) NumPy
Miscellaneous
1 7 (41.18%) Analytical Skills
2 5 (29.41%) Algorithms
3 2 (11.76%) User Experience
4 1 (5.88%) Equities
Processes & Methodologies
1 15 (88.24%) Data Science
2 12 (70.59%) Analytics
3 11 (64.71%) Machine Learning
4 9 (52.94%) Visualisation
5 8 (47.06%) Deep Learning
6 6 (35.29%) Performance Optimisation
6 6 (35.29%) Predictive Analytics
7 5 (29.41%) Data Analysis
8 4 (23.53%) Agile Software Development
8 4 (23.53%) Mathematics
8 4 (23.53%) Software Engineering
9 3 (17.65%) Code Optimisation
9 3 (17.65%) Data Visualisation
9 3 (17.65%) Decision Tree
9 3 (17.65%) Statistics
10 2 (11.76%) Dashboard Development
10 2 (11.76%) Data Development
10 2 (11.76%) DevOps
10 2 (11.76%) Resource Management
10 2 (11.76%) Scorecard
Programming Languages
1 14 (82.35%) Python
2 7 (41.18%) SQL
3 4 (23.53%) R
4 3 (17.65%) Scala
5 2 (11.76%) Bash Shell
5 2 (11.76%) Cypher
6 1 (5.88%) C++
6 1 (5.88%) MATLAB
Qualifications
1 7 (41.18%) Degree
2 5 (29.41%) Master's Degree
3 2 (11.76%) PhD
3 2 (11.76%) Security Cleared
4 1 (5.88%) Computer Science Degree
4 1 (5.88%) Numerate Degree
Quality Assurance & Compliance
1 2 (11.76%) QA
System Software
1 2 (11.76%) Docker
2 1 (5.88%) Apache Flume
Systems Management
1 2 (11.76%) Kubernetes
1 2 (11.76%) Prometheus
Vendors
1 6 (35.29%) Cloudera
1 6 (35.29%) Hortonworks
2 4 (23.53%) Tableau
3 3 (17.65%) Alteryx
4 2 (11.76%) New Relic
4 2 (11.76%) Oracle
5 1 (5.88%) Google
5 1 (5.88%) Informatica
5 1 (5.88%) Talend