Algorithm Engineer Contracts in England

Algorithm Engineer
UK > England

As of 1 May 2025, there is not enough information available from job vacancies posted within the last 6 months to determine the median Algorithm Engineer daily rate in England.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 475 541 -
Rank change year-on-year +66 - -
Contract jobs requiring an Algorithm Engineer 10 1 0
As % of all contract jobs advertised in England 0.041% 0.003% -
As % of the Job Titles category 0.044% 0.003% -
Number of daily rates quoted 0 1 0
Median daily rate (50th Percentile) - £600 -
UK median daily rate - £600 -
Number of hourly rates quoted 1 0 0
Median hourly rate £75.00 - -
UK median hourly rate £75.00 - -

All Contract IT Job Vacancies
England

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in England with a recognized job title 22,549 34,488 47,741
% of contract IT jobs with a recognized job title 92.59% 92.73% 94.62%
Number of daily rates quoted 15,007 22,894 33,903
10th Percentile £300 £275 £313
25th Percentile £409 £413 £425
Median daily rate (50th Percentile) £525 £525 £550
Median % change year-on-year - -4.55% +4.76%
75th Percentile £638 £643 £663
90th Percentile £750 £750 £763
UK median daily rate £515 £525 £540
% change year-on-year -1.90% -2.78% +2.86%
Number of hourly rates quoted 900 2,432 1,409
10th Percentile £14.20 £13.00 £14.35
25th Percentile £18.51 £16.30 £20.00
Median hourly rate £30.62 £36.31 £45.00
Median % change year-on-year -15.67% -19.32% +100.00%
75th Percentile £63.75 £61.25 £65.00
90th Percentile £75.00 £72.50 £76.60
UK median hourly rate £29.00 £36.42 £45.00
% change year-on-year -20.37% -19.07% +91.49%

Algorithm Engineer
Job Vacancy Trend in England

Job postings that featured Algorithm Engineer in the job title as a proportion of all IT jobs advertised in England.

Job vacancy trend for Algorithm Engineer in England

Algorithm Engineer
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Algorithm Engineer in England.

Daily rate trend for Algorithm Engineer in England

Algorithm Engineer
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Algorithm Engineer in England.

Hourly rate trend for Algorithm Engineer in England

Algorithm Engineer
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithm Engineer within the England region over the 6 months to 1 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +46 9 - - 3
South West - 1 - - 1
Algorithm Engineer
UK

Algorithm Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 1 May 2025, Algorithm Engineer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region featuring Algorithm Engineer in the job title.

1 10 (100.00%) Algorithmic Trading
2 9 (90.00%) Software Engineering
3 6 (60.00%) Python
3 6 (60.00%) Algorithms
4 5 (50.00%) Market Making
4 5 (50.00%) Low Latency
4 5 (50.00%) Blazor
4 5 (50.00%) C++
4 5 (50.00%) .NET
4 5 (50.00%) Multithreading
4 5 (50.00%) CI/CD
5 4 (40.00%) Social Skills
5 4 (40.00%) Full-Stack Development
5 4 (40.00%) Distributed Systems
5 4 (40.00%) Git
5 4 (40.00%) Hedge funds
5 4 (40.00%) Degree
5 4 (40.00%) Computer Science
5 4 (40.00%) Scrum
5 4 (40.00%) Agile
5 4 (40.00%) Linux
5 4 (40.00%) OOP
5 4 (40.00%) OO
5 4 (40.00%) Java
5 4 (40.00%) JavaScript
5 4 (40.00%) Front Office
5 4 (40.00%) Finance
5 4 (40.00%) Critical Thinking
5 4 (40.00%) Technical Leadership
5 4 (40.00%) Performance Optimisation

Algorithm Engineer Skill Set
Co-occurring Skills and Capabilities in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (10.00%) BizTalk Server
Applications
1 1 (10.00%) Simulink
Cloud Services
1 1 (10.00%) AWS
1 1 (10.00%) AWS Lambda
1 1 (10.00%) Azure
1 1 (10.00%) Azure Cosmos DB
1 1 (10.00%) Azure Functions
1 1 (10.00%) Azure Logic Apps
1 1 (10.00%) Azure Storage
1 1 (10.00%) Serverless
Database & Business Intelligence
1 1 (10.00%) Azure SQL Database
1 1 (10.00%) MongoDB
Development Applications
1 4 (40.00%) Git
General
1 4 (40.00%) Analytical Skills
1 4 (40.00%) Finance
1 4 (40.00%) Front Office
1 4 (40.00%) Social Skills
2 1 (10.00%) Aerospace
Libraries, Frameworks & Software Standards
1 5 (50.00%) .NET
1 5 (50.00%) Blazor
2 4 (40.00%) .NET Core
Miscellaneous
1 6 (60.00%) Algorithms
2 4 (40.00%) Data Structures
2 4 (40.00%) Distributed Systems
2 4 (40.00%) Hedge funds
3 1 (10.00%) Cloud Native
3 1 (10.00%) TWAP
3 1 (10.00%) VWAP
Operating Systems
1 4 (40.00%) Linux
2 1 (10.00%) Windows
Processes & Methodologies
1 10 (100.00%) Algorithmic Trading
2 9 (90.00%) Software Engineering
3 5 (50.00%) CI/CD
3 5 (50.00%) Low Latency
3 5 (50.00%) Market Making
3 5 (50.00%) Multithreading
4 4 (40.00%) Agile
4 4 (40.00%) Computer Science
4 4 (40.00%) Continuous Improvement
4 4 (40.00%) Critical Thinking
4 4 (40.00%) Fintech
4 4 (40.00%) Front End Development
4 4 (40.00%) Full-Stack Development
4 4 (40.00%) Mentoring
4 4 (40.00%) Performance Optimisation
4 4 (40.00%) Problem-Solving
4 4 (40.00%) Proprietary Trading
4 4 (40.00%) Scrum
4 4 (40.00%) Technical Leadership
4 4 (40.00%) Translating Business Requirements
Programming Languages
1 6 (60.00%) Python
2 5 (50.00%) C++
3 4 (40.00%) C#
3 4 (40.00%) Java
3 4 (40.00%) JavaScript
4 1 (10.00%) Fortran
4 1 (10.00%) Go
4 1 (10.00%) MATLAB
4 1 (10.00%) PL/SQL
4 1 (10.00%) SQL
4 1 (10.00%) T-SQL
Qualifications
1 4 (40.00%) Computer Science Degree
1 4 (40.00%) Degree
1 4 (40.00%) Master's Degree
2 1 (10.00%) SC Cleared
2 1 (10.00%) Security Cleared
Systems Management
1 1 (10.00%) Kubernetes
Vendors
1 1 (10.00%) MuleSoft
1 1 (10.00%) Oracle