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 3 months to 28 June 2017 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
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 163 161 201
Rank change year-on-year -2 +40  
Contract jobs citing Statistical Modelling 3 4 4
As % of all contract IT jobs advertised in the City of London 0.092% 0.12% 0.070%
As % of the Processes & Methodologies category 0.10% 0.14% 0.086%
Number of daily rates quoted 2 3 3
Median daily rate £500 £200 £600
Median daily rate % change year-on-year +150.00% -66.66%  
UK excluding London median daily rate £416 £455 £450
% change year-on-year -8.51% +1.11%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Statistical Modelling is in the process and methodology skills category. The next 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 and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2879 2886 4657
As % of all contract IT job vacancies advertised in the City of London 88.23% 85.71% 81.12%
Number of daily rates quoted 2211 2359 3662
Median daily rate £500 £475 £465
Median daily rate % change year-on-year +5.26% +2.15%  
90% offered a daily rate of more than £350 £335 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £415 £400 £385
% change year-on-year +3.75% +3.89%  
Number of hourly rates quoted 24 24 56
Median hourly rate £20.00 £19.00 £24.50
Median hourly rate % change year-on-year +5.26% -22.44%  
90% offered a hourly rate of more than £14.75 £12.50 £15.07
10% offered a hourly rate of more than £41.00 £33.35 £55.50
UK excluding London median hourly rate £34.75 £28.50 £30.00
% change year-on-year +21.92% -5.00%  

Statistical Modelling
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Statistical Modelling as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

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 Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Statistical Modelling in the City of London.

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

For the 6 months to 28 June 2017, IT contractor jobs citing Statistical Modelling also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Statistical Modelling.

1 5 (71.43%) Python
1 5 (71.43%) SQL
1 5 (71.43%) R
2 4 (57.14%) Machine Learning
2 4 (57.14%) Mathematics
3 3 (42.86%) PhD
3 3 (42.86%) Analytics
3 3 (42.86%) Degree
3 3 (42.86%) Predictive Modelling
3 3 (42.86%) Analytical Skills
4 2 (28.57%) Apache Spark
4 2 (28.57%) Postgraduate
4 2 (28.57%) Natural Language Processing
4 2 (28.57%) Big Data
4 2 (28.57%) Data Analytics
4 2 (28.57%) Java
4 2 (28.57%) Security Cleared
4 2 (28.57%) Retail
4 2 (28.57%) Data Analysis
4 2 (28.57%) Neural Network
4 2 (28.57%) Statistics
4 2 (28.57%) Operations Research
5 1 (14.29%) Statistical Analysis
5 1 (14.29%) Linux
5 1 (14.29%) Git (software)
5 1 (14.29%) Product Management
5 1 (14.29%) Customer Engagement
5 1 (14.29%) Hadoop
5 1 (14.29%) QlikView
5 1 (14.29%) KDB

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 2 (28.57%) Apache Spark
2 1 (14.29%) SAS
Database & Business Intelligence
1 2 (28.57%) Big Data
2 1 (14.29%) Data Mining
2 1 (14.29%) Hadoop
2 1 (14.29%) KDB
2 1 (14.29%) QlikView
Development Applications
1 1 (14.29%) Git (software)
General
1 2 (28.57%) Retail
2 1 (14.29%) Front Office
Job Titles
1 4 (57.14%) Data Scientist
2 2 (28.57%) Analyst
3 1 (14.29%) Business Intelligence Analyst
3 1 (14.29%) Data Analyst
3 1 (14.29%) Data Analytics Analyst
3 1 (14.29%) Data Analytics Director
3 1 (14.29%) Qualitative Analyst
3 1 (14.29%) Quantitative Analyst
3 1 (14.29%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 2 (28.57%) Natural Language Processing
2 1 (14.29%) AngularJS
2 1 (14.29%) Matplotlib
2 1 (14.29%) NumPy
2 1 (14.29%) Pandas
2 1 (14.29%) scikit-learn
2 1 (14.29%) Seaborn
Miscellaneous
1 3 (42.86%) Analytical Skills
2 1 (14.29%) Algorithms
Operating Systems
1 1 (14.29%) Linux
Processes & Methodologies
1 4 (57.14%) Machine Learning
1 4 (57.14%) Mathematics
2 3 (42.86%) Analytics
2 3 (42.86%) Predictive Modelling
3 2 (28.57%) Data Analysis
3 2 (28.57%) Data Analytics
3 2 (28.57%) Neural Network
3 2 (28.57%) Operations Research
3 2 (28.57%) Statistics
4 1 (14.29%) Actionable Insight
4 1 (14.29%) Business Intelligence
4 1 (14.29%) Customer Engagement
4 1 (14.29%) Data Modelling
4 1 (14.29%) Deep Learning
4 1 (14.29%) Product Management
4 1 (14.29%) Statistical Analysis
4 1 (14.29%) Validation
Programming Languages
1 5 (71.43%) Python
1 5 (71.43%) R
1 5 (71.43%) SQL
2 2 (28.57%) Java
3 1 (14.29%) C
3 1 (14.29%) C++
3 1 (14.29%) JavaScript
3 1 (14.29%) MATLAB
3 1 (14.29%) Shell Script
Qualifications
1 3 (42.86%) Degree
1 3 (42.86%) PhD
2 2 (28.57%) Postgraduate
2 2 (28.57%) Security Cleared
3 1 (14.29%) DV Cleared
3 1 (14.29%) SC Cleared
Vendors
1 1 (14.29%) Splunk
1 1 (14.29%) Tableau