Period
to 20 July 2017

The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of Algorithmics products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithmics over the 6 months to 20 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Algorithmics, Inc.

Algorithmics
England > London
6 months to
20 Jul 2017
Same period 2016 Same period 2015
Rank 579 609 598
Rank change year-on-year +30 -11 +4
Contract jobs citing Algorithmics 2 11 2
As % of all contract IT jobs advertised in London 0.005% 0.024% 0.004%
As % of the Vendors category 0.012% 0.058% 0.010%
Number of daily rates quoted 0 5 1
London median daily rate - £650 £525
Median daily rate % change year-on-year - +23.81% -14.29%
England median daily rate - £650 £525
% change year-on-year - +23.81% -14.29%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Algorithmics is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in London.

Contract Vendor Product & Service Skills
London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 17324 18807 20299
As % of all contract IT job vacancies advertised in London 41.48% 41.47% 44.08%
Number of daily rates quoted 11666 12766 13277
London median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.56% +5.88% -
10th Percentile £280 £263 £248
90th Percentile £650 £625 £625
England median daily rate £438 £415 £400
% change year-on-year +5.42% +3.75% -
Number of hourly rates quoted 229 225 484
London median hourly rate £19.50 £17.62 £18.50
Median hourly rate % change year-on-year +10.67% -4.76% +2.78%
10th Percentile £12.50 £10.75 £11.25
90th Percentile £50.00 £39.50 £50.00
England median hourly rate £17.00 £17.50 £17.50
% change year-on-year -2.86% - +2.94%

Algorithmics
Job Vacancy Trend in London

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

Job vacancy trend for Algorithmics in London

Algorithmics
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Algorithmics in London

Algorithmics
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithmics within the London region over the 6 months to 20 July 2017. 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
Job
Vacancies
City of London +8 1 - -
Algorithmics
England

For the 6 months to 20 July 2017, IT contractor jobs citing Algorithmics 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 London region with a requirement for Algorithmics.

1 2 (100.00%) Front Office
1 2 (100.00%) Back Office
1 2 (100.00%) Calypso
1 2 (100.00%) Collateral Management
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking

Algorithmics
Co-occurring IT Skills in 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:

General
1 2 (100.00%) Back Office
1 2 (100.00%) Front Office
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Consultant
2 1 (50.00%) Functional Consultant
2 1 (50.00%) Management Consultant
Processes & Methodologies
1 2 (100.00%) Collateral Management
Vendors
1 2 (100.00%) Calypso