Probability Theory Contracts in England

Probability Theory
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Probability Theory skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Probability Theory over the 6 months to 27 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 529 650 770
Rank change year-on-year +121 +120 -142
Contract jobs citing Probability Theory 6 13 9
As % of all contract jobs advertised in England 0.016% 0.026% 0.013%
As % of the Processes & Methodologies category 0.019% 0.028% 0.014%
Number of daily rates quoted 3 3 2
10th Percentile - - £738
25th Percentile £488 - £756
Median daily rate (50th Percentile) £500 £800 £825
Median % change year-on-year -37.50% -3.03% +43.48%
75th Percentile £513 £888 £906
90th Percentile - £940 £933
UK median daily rate £500 £800 £825
% change year-on-year -37.50% -3.03% +37.50%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £56.25
Median hourly rate - - £57.50
75th Percentile - - £58.75
90th Percentile - - -
UK median hourly rate - - £57.50

All Process and Methodology Skills
England

Probability Theory 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 England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 31,985 45,619 64,566
As % of all contract IT jobs advertised in England 86.53% 90.25% 90.78%
Number of daily rates quoted 20,974 32,022 45,804
10th Percentile £300 £325 £331
25th Percentile £413 £445 £425
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +9.69%
75th Percentile £650 £675 £650
90th Percentile £750 £769 £749
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +8.25%
Number of hourly rates quoted 2,225 1,607 1,769
10th Percentile £12.86 £10.94 £12.50
25th Percentile £16.00 £16.31 £15.25
Median hourly rate £35.50 £37.50 £24.35
Median % change year-on-year -5.33% +54.00% +1.46%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.15
UK median hourly rate £35.00 £37.34 £25.00
% change year-on-year -6.27% +49.36% -

Probability Theory
Job Vacancy Trend in England

Job postings citing Probability Theory as a proportion of all IT jobs advertised in England.

Job vacancy trend for Probability Theory in England

Probability Theory
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Probability Theory in England.

Daily rate trend for Probability Theory in England

Probability Theory
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 Probability Theory within the England region over the 6 months to 27 April 2024. 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 +93 5 £500 -37.50% 1
South West - 1 - -
Probability Theory
UK

Probability Theory
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 3 (50.00%) Apache
1 3 (50.00%) Apache Airflow
Cloud Services
1 3 (50.00%) Amazon Kinesis
1 3 (50.00%) Amazon S3
1 3 (50.00%) AWS
1 3 (50.00%) Dagster
1 3 (50.00%) dbt
1 3 (50.00%) GitHub
1 3 (50.00%) GitHub Actions
Communications & Networking
1 1 (16.67%) Internet
Database & Business Intelligence
1 3 (50.00%) Amazon Athena
1 3 (50.00%) Amazon Redshift
1 3 (50.00%) Big Data
1 3 (50.00%) DynamoDB
1 3 (50.00%) Flink
1 3 (50.00%) PostgreSQL
Development Applications
1 3 (50.00%) Git
1 3 (50.00%) Poetry
Job Titles
1 4 (66.67%) Machine Learning Engineer
2 1 (16.67%) Artificial Intelligence Specialist
2 1 (16.67%) C++ Developer
2 1 (16.67%) C++ Quantitative Developer
2 1 (16.67%) Developer
2 1 (16.67%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 3 (50.00%) Great Expectations
1 3 (50.00%) Lambda Expressions
1 3 (50.00%) LAPP Stack
1 3 (50.00%) Pandas
1 3 (50.00%) Plotly
1 3 (50.00%) scikit-learn
1 3 (50.00%) SciPy
1 3 (50.00%) Seaborn
2 1 (16.67%) Hugging Face
2 1 (16.67%) NLTK
2 1 (16.67%) SpaCy
Miscellaneous
1 3 (50.00%) Hybrid Cloud
1 3 (50.00%) Linux Command Line
2 2 (33.33%) Algorithms
2 2 (33.33%) Management Information System
3 1 (16.67%) Derivative
3 1 (16.67%) Equities
3 1 (16.67%) Equity Derivative
Operating Systems
1 3 (50.00%) Linux
Processes & Methodologies
1 6 (100.00%) Mathematics
2 5 (83.33%) Machine Learning
2 5 (83.33%) Statistics
3 4 (66.67%) Data Science
4 3 (50.00%) CI/CD
4 3 (50.00%) Computer Science
4 3 (50.00%) Data Pipeline
4 3 (50.00%) DevOps
4 3 (50.00%) Integration Testing
4 3 (50.00%) Project Management
4 3 (50.00%) Test Automation
5 2 (33.33%) Analytics
6 1 (16.67%) Computer Architecture
6 1 (16.67%) Fraud Detection
6 1 (16.67%) Mentoring
6 1 (16.67%) Natural Language Processing
6 1 (16.67%) Predictive Analytics
6 1 (16.67%) Prototyping
6 1 (16.67%) Regulatory Compliance
6 1 (16.67%) Reinforcement Learning
Programming Languages
1 4 (66.67%) Python
1 4 (66.67%) SQL
2 3 (50.00%) Shell Script
3 2 (33.33%) C++
4 1 (16.67%) C
Qualifications
1 3 (50.00%) Degree
2 2 (33.33%) Master's Degree
3 1 (16.67%) Computer Science Degree
3 1 (16.67%) Numerate Degree
3 1 (16.67%) PhD
3 1 (16.67%) SC Cleared
3 1 (16.67%) Security Cleared
Quality Assurance & Compliance
1 3 (50.00%) Data Quality
System Software
1 3 (50.00%) Docker
Systems Management
1 3 (50.00%) Kubernetes
1 3 (50.00%) Terraform