Period
to 23 July 2017

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Algo Collateral skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algo Collateral over the 6 months to 23 July 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.

Algorithmics Algo Collateral
England > London
6 months to
23 Jul 2017
Same period 2016 Same period 2015
Rank - 602 594
Contract jobs citing Algo Collateral 0 1 8
As % of all contract IT jobs advertised in London - 0.002% 0.017%
As % of the Business Applications category - 0.030% 0.20%
Number of daily rates quoted 0 1 8
London median daily rate - £525 £550
Median daily rate % change year-on-year - -4.55% +10.00%
England median daily rate - £525 £550
% change year-on-year - -4.55% +10.00%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Algo Collateral is in the business application skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for business application skills.

Contract Business Application Skills
London
Contract job vacancies with a requirement for business application skills 3148 3334 4034
As % of all contract IT job vacancies advertised in London 7.55% 7.35% 8.76%
Number of daily rates quoted 2014 2154 2552
London median daily rate £475 £450 £475
Median daily rate % change year-on-year +5.56% -5.26% +5.56%
10th Percentile £319 £300 £300
90th Percentile £675 £650 £650
England median daily rate £450 £431 £440
% change year-on-year +4.35% -1.99% +3.53%
Number of hourly rates quoted 35 15 30
London median hourly rate £27.00 £22.50 £21.40
Median hourly rate % change year-on-year +20.00% +5.14% +4.39%
10th Percentile £14.25 £16.13 £13.50
90th Percentile £71.45 £77.20 £81.75
England median hourly rate £29.69 £26.00 £22.50
% change year-on-year +14.19% +15.56% -28.57%

Algo Collateral
Job Vacancy Trend in London

Job postings citing Algo Collateral as a percentage of all IT jobs advertised in London.

Job vacancy trend for Algo Collateral in London

Algo Collateral
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Algo Collateral in London.

Contractor daily rate trend for Algo Collateral in London