Period
to 18 January 2022

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 18 January 2022 with a comparison to the same period over 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.

Algorithms
England > London
6 months to
18 Jan 2022
Same period 2021 Same period 2020
Rank 236 230 227
Rank change year-on-year -6 -3 -26
Contract jobs citing Algorithms 439 179 349
As % of all contract jobs advertised in London 1.17% 1.04% 1.16%
As % of the Miscellaneous category 3.49% 2.91% 3.72%
Number of daily rates quoted 304 110 252
10th Percentile £500 £338 £413
25th Percentile £600 £463 £475
Median daily rate (50th Percentile) £738 £569 £550
Median % change year-on-year +29.67% +3.41% -1.79%
75th Percentile £838 £625 £650
90th Percentile £950 £688 £750
England median daily rate £690 £509 £550
% change year-on-year +35.63% -7.50% -
Number of hourly rates quoted 3 5 4
10th Percentile £38.63 £28.43 £13.58
25th Percentile £42.19 £30.68 £15.94
Median hourly rate £51.25 £37.93 £21.25
Median % change year-on-year +35.14% +78.47% -50.00%
75th Percentile £58.06 £50.39 £25.50
90th Percentile £60.28 £55.41 -
England median hourly rate £47.50 £48.46 £34.50
% change year-on-year -1.99% +40.47% -18.82%

Algorithms is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 12,562 6,153 9,382
As % of all contract IT jobs advertised in London 33.60% 35.66% 31.22%
Number of daily rates quoted 9,330 4,416 6,718
10th Percentile £375 £315 £300
25th Percentile £475 £413 £413
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £700 £638 £625
90th Percentile £780 £730 £713
England median daily rate £538 £475 £475
% change year-on-year +13.16% - -
Number of hourly rates quoted 156 86 126
10th Percentile £16.94 £15.30 £12.44
25th Percentile £23.88 £22.50 £16.66
Median hourly rate £43.35 £28.02 £22.72
Median % change year-on-year +54.69% +23.35% -1.24%
75th Percentile £54.97 £45.81 £39.15
90th Percentile £65.38 £59.38 £52.38
England median hourly rate £25.00 £26.22 £20.63
% change year-on-year -4.65% +27.13% +1.88%

Algorithms
Job Vacancy Trend in London

Job postings citing Algorithms as a proportion of all IT jobs advertised in London.

Job vacancy trend for Algorithms in London

Algorithms
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Algorithms in London.

Daily rate trend for Algorithms in London

Algorithms
Daily Rate Histogram in London

Daily rate distribution for jobs citing Algorithms in London over the 6 months to 18 January 2022.

Daily rate histogram for Algorithms in London

Algorithms
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Algorithms in London.

Hourly rate trend for Algorithms in London

Algorithms
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Algorithms in London over the 6 months to 18 January 2022.

Hourly rate histogram for Algorithms in London

Algorithms
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 Algorithms within the London region over the 6 months to 18 January 2022. 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
Central London -34 45 £650 +8.33% 64
West London -18 7 £570 -8.06% 26
South London -5 4 £750 +29.08% 3
East London - 3 £690 - 16
Algorithms
England

For the 6 months to 18 January 2022, IT contractor jobs citing Algorithms also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for Algorithms.

1 219 (49.89%) Python
2 199 (45.33%) Java
3 171 (38.95%) Data Structures
4 165 (37.59%) Agile Software Development
5 152 (34.62%) Finance
6 125 (28.47%) Social Skills
7 120 (27.33%) Analytical Skills
8 116 (26.42%) Banking
8 116 (26.42%) Multithreading
9 109 (24.83%) Machine Learning
10 102 (23.23%) SQL
11 91 (20.73%) Linux
12 88 (20.05%) Git (software)
13 86 (19.59%) Test Automation
13 86 (19.59%) Front Office
13 86 (19.59%) Problem-Solving
14 84 (19.13%) Software Engineering
15 83 (18.91%) Mathematics
15 83 (18.91%) OO
15 83 (18.91%) Data Science
16 80 (18.22%) AWS
17 78 (17.77%) Analytics
18 75 (17.08%) Investment Banking
19 73 (16.63%) Azure
20 72 (16.40%) JavaScript
21 71 (16.17%) Foreign Exchange (FX)
22 68 (15.49%) Artificial Intelligence
23 66 (15.03%) DevOps
24 64 (14.58%) Apache Spark
25 62 (14.12%) Docker

Algorithms
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:

Application Platforms
1 64 (14.58%) Apache Spark
2 26 (5.92%) Oracle Workflow
3 13 (2.96%) Apache
4 9 (2.05%) Ethereum
5 8 (1.82%) Elasticsearch
6 7 (1.59%) SAS
7 6 (1.37%) Tomcat
8 4 (0.91%) Jupyter
9 3 (0.68%) Apache Airflow
9 3 (0.68%) IIS
9 3 (0.68%) nginx
10 2 (0.46%) ArcGIS
10 2 (0.46%) Hyperledger
10 2 (0.46%) JBoss
10 2 (0.46%) Oracle SOA Suite
10 2 (0.46%) Tornado
11 1 (0.23%) ArcSDE
11 1 (0.23%) CMS
11 1 (0.23%) OpenStack
11 1 (0.23%) SharePoint
Applications
1 5 (1.14%) Microsoft PowerPoint
2 2 (0.46%) Chatbot
2 2 (0.46%) SPSS
3 1 (0.23%) CPLEX
3 1 (0.23%) Microsoft Excel
3 1 (0.23%) Microsoft Office
3 1 (0.23%) Steinberg Cubase
Business Applications
1 3 (0.68%) Distributed Ledger
1 3 (0.68%) R3 Corda
2 1 (0.23%) Sparx Enterprise Architect
Cloud Services
1 80 (18.22%) AWS
2 73 (16.63%) Azure
3 26 (5.92%) GitHub
4 23 (5.24%) Power Platform
5 21 (4.78%) Serverless
6 15 (3.42%) GCP
7 11 (2.51%) Amazon Kinesis
8 10 (2.28%) AWS Lambda
9 9 (2.05%) AWS CloudFormation
10 7 (1.59%) Amazon S3
10 7 (1.59%) Cloud Computing
11 6 (1.37%) Amazon CloudWatch
11 6 (1.37%) Azure Data Factory
11 6 (1.37%) OpenShift
12 5 (1.14%) Amazon Cognito
12 5 (1.14%) Azure Functions
13 4 (0.91%) AWS CloudTrail
13 4 (0.91%) AWS KMS
13 4 (0.91%) Azure Service Bus
13 4 (0.91%) Snowflake
Communications & Networking
1 26 (5.92%) FIX Connectivity
2 9 (2.05%) Internet
3 8 (1.82%) Multicast
3 8 (1.82%) TCP/IP
4 7 (1.59%) Kerberos
5 5 (1.14%) SSL
5 5 (1.14%) WAN
5 5 (1.14%) Z-Wave
6 3 (0.68%) Firewall
7 2 (0.46%) DNS
7 2 (0.46%) Peer-to-Peer Networking
7 2 (0.46%) VPN
7 2 (0.46%) Wireless
8 1 (0.23%) Bluetooth
8 1 (0.23%) DHCP
8 1 (0.23%) Ethernet
8 1 (0.23%) HTTP
8 1 (0.23%) MQTT
8 1 (0.23%) VXLAN
8 1 (0.23%) Wi-Fi
Database & Business Intelligence
1 45 (10.25%) SQL Server
2 36 (8.20%) Big Data
3 29 (6.61%) NoSQL
4 28 (6.38%) Hadoop
5 27 (6.15%) Tableau
6 23 (5.24%) Power BI
7 18 (4.10%) MongoDB
8 16 (3.64%) Data Mining
9 15 (3.42%) Apache Hive
9 15 (3.42%) Blockchain
10 14 (3.19%) Metadata
11 12 (2.73%) Amazon DynamoDB
11 12 (2.73%) Amazon Redshift
12 11 (2.51%) Apache Cassandra
12 11 (2.51%) Text Mining
13 10 (2.28%) PostgreSQL
14 8 (1.82%) Data Warehouse
14 8 (1.82%) Redis
14 8 (1.82%) Relational Database
15 6 (1.37%) Hazelcast
Development Applications
1 88 (20.05%) Git (software)
2 55 (12.53%) Jenkins
3 47 (10.71%) Maven
4 18 (4.10%) JIRA
5 17 (3.87%) GitLab
5 17 (3.87%) TeamCity
6 13 (2.96%) webpack
7 12 (2.73%) JUnit
8 8 (1.82%) gulp
9 7 (1.59%) Grunt
9 7 (1.59%) Jasmine
9 7 (1.59%) PhantomJS
10 6 (1.37%) CircleCI
10 6 (1.37%) Gradle
10 6 (1.37%) MLflow
10 6 (1.37%) Subversion
11 5 (1.14%) Atlassian Bamboo
12 4 (0.91%) Android Studio
12 4 (0.91%) IDA Disassembler
12 4 (0.91%) Xcode
General
1 152 (34.62%) Finance
2 125 (28.47%) Social Skills
3 120 (27.33%) Analytical Skills
4 116 (26.42%) Banking
5 86 (19.59%) Front Office
6 75 (17.08%) Investment Banking
7 16 (3.64%) Presentation Skills
8 15 (3.42%) Financial Institution
9 14 (3.19%) Marketing
10 11 (2.51%) Organisational Skills
11 10 (2.28%) Public Sector
12 8 (1.82%) Games
13 6 (1.37%) Back Office
13 6 (1.37%) Influencing Skills
14 5 (1.14%) Publishing
15 4 (0.91%) Retail
16 3 (0.68%) Advertising
16 3 (0.68%) Pharmaceutical
17 2 (0.46%) Electronics
17 2 (0.46%) Law
Job Titles
1 229 (52.16%) Developer
2 113 (25.74%) Java Developer
3 53 (12.07%) Senior Developer
4 46 (10.48%) Data Scientist
5 45 (10.25%) Senior Java Developer
6 35 (7.97%) Core Java Developer
7 34 (7.74%) Data Engineer
8 33 (7.52%) Software Engineer
9 30 (6.83%) Front Office Developer
10 29 (6.61%) Electronic Trading Developer
11 27 (6.15%) Electronic Trading Java Developer
12 22 (5.01%) Consultant
12 22 (5.01%) Python Developer
13 18 (4.10%) Scala Developer
14 16 (3.64%) Machine Learning Engineer
15 14 (3.19%) Full Stack Developer
15 14 (3.19%) Knowledge Engineer
16 13 (2.96%) Senior Data Scientist
17 12 (2.73%) Quantitative Developer
18 11 (2.51%) Java Consultant
Libraries, Frameworks & Software Standards
1 51 (11.62%) RESTful
2 44 (10.02%) Kafka
3 41 (9.34%) FIX Protocol
4 38 (8.66%) HTML
4 38 (8.66%) React
5 30 (6.83%) Pandas
6 26 (5.92%) REST
7 25 (5.69%) TensorFlow
8 23 (5.24%) CSS
9 22 (5.01%) Node.js
9 22 (5.01%) NumPy
10 21 (4.78%) .NET
10 21 (4.78%) Spring
11 19 (4.33%) AngularJS
11 19 (4.33%) PySpark
11 19 (4.33%) PyTorch
11 19 (4.33%) scikit-learn
11 19 (4.33%) Spring Boot
12 18 (4.10%) Web Services
13 17 (3.87%) NetworkX
Miscellaneous
1 171 (38.95%) Data Structures
2 71 (16.17%) Foreign Exchange (FX)
3 51 (11.62%) Fixed Income
4 50 (11.39%) Derivative
5 21 (4.78%) Equities
6 14 (3.19%) Clustering
6 14 (3.19%) User Experience
7 11 (2.51%) Cloud Native
8 9 (2.05%) Greenfield Project
9 6 (1.37%) Mobile App
10 5 (1.14%) Data Protection Act
10 5 (1.14%) Enterprise Software
10 5 (1.14%) Renewable Energy
10 5 (1.14%) Self-Motivation
10 5 (1.14%) Tandem
10 5 (1.14%) Video\Live Streaming
11 4 (0.91%) Legacy Code
11 4 (0.91%) Linux Command Line
11 4 (0.91%) Management Information System
11 4 (0.91%) PKI
Operating Systems
1 91 (20.73%) Linux
2 34 (7.74%) Unix
3 13 (2.96%) Windows
4 7 (1.59%) Android
5 3 (0.68%) Apple iOS
6 1 (0.23%) Embedded Linux
6 1 (0.23%) Mac OS X
Processes & Methodologies
1 165 (37.59%) Agile Software Development
2 116 (26.42%) Multithreading
3 109 (24.83%) Machine Learning
4 86 (19.59%) Problem-Solving
4 86 (19.59%) Test Automation
5 84 (19.13%) Software Engineering
6 83 (18.91%) Data Science
6 83 (18.91%) Mathematics
6 83 (18.91%) OO
7 78 (17.77%) Analytics
8 68 (15.49%) Artificial Intelligence
9 66 (15.03%) DevOps
10 61 (13.90%) Computer Science
11 59 (13.44%) Performance Tuning
11 59 (13.44%) Visualisation
12 53 (12.07%) OOD
13 52 (11.85%) API Development
14 50 (11.39%) Electronic Trading
15 49 (11.16%) Scrum
16 46 (10.48%) Algorithmic Trading
Programming Languages
1 219 (49.89%) Python
2 199 (45.33%) Java
3 102 (23.23%) SQL
4 72 (16.40%) JavaScript
5 58 (13.21%) C++
6 55 (12.53%) Java 8
7 49 (11.16%) Scala
8 40 (9.11%) R
9 23 (5.24%) TypeScript
10 19 (4.33%) C#
11 17 (3.87%) Bash
11 17 (3.87%) Shell Script
12 15 (3.42%) C
12 15 (3.42%) SPARQL
13 14 (3.19%) Go
14 13 (2.96%) ES6
15 12 (2.73%) Ruby
16 10 (2.28%) MATLAB
16 10 (2.28%) PL/SQL
17 6 (1.37%) Kotlin
Qualifications
1 60 (13.67%) Degree
2 15 (3.42%) PhD
3 10 (2.28%) Computer Science Degree
4 9 (2.05%) Numerate Degree
4 9 (2.05%) Security Cleared
5 8 (1.82%) Master's Degree
5 8 (1.82%) SC Cleared
6 4 (0.91%) AWS Certification
7 1 (0.23%) BPSS Clearance
7 1 (0.23%) CCNA
7 1 (0.23%) Cisco Certification
7 1 (0.23%) ISEB
7 1 (0.23%) Postgraduate
Quality Assurance & Compliance
1 19 (4.33%) Data Quality
2 10 (2.28%) Accessibility
3 9 (2.05%) QA
4 2 (0.46%) PMO
5 1 (0.23%) SLA
5 1 (0.23%) SNOMED CT
System Software
1 62 (14.12%) Docker
2 4 (0.91%) HDFS
3 3 (0.68%) Apache Flume
4 1 (0.23%) Firmware
4 1 (0.23%) iptables
4 1 (0.23%) KVM
4 1 (0.23%) Xen
Systems Management
1 55 (12.53%) Kubernetes
2 16 (3.64%) Ansible
3 15 (3.42%) Terraform
4 10 (2.28%) Kibana
4 10 (2.28%) Puppet
5 9 (2.05%) Opscode Chef
6 7 (1.59%) Oozie
7 6 (1.37%) logstash
8 3 (0.68%) Kubeflow
9 2 (0.46%) Istio
9 2 (0.46%) Opsgenie
Vendors
1 54 (12.30%) Oracle
2 27 (6.15%) ION Trading
3 19 (4.33%) Microsoft
4 11 (2.51%) Foundry
4 11 (2.51%) Palantir
5 8 (1.82%) Alteryx
5 8 (1.82%) Databricks
6 6 (1.37%) Informatica
7 4 (0.91%) Cloudera
7 4 (0.91%) MuleSoft
8 3 (0.68%) Google
8 3 (0.68%) IBM
8 3 (0.68%) New Relic
8 3 (0.68%) Twitter
9 2 (0.46%) Adobe
9 2 (0.46%) Dynatrace
9 2 (0.46%) Splunk
10 1 (0.23%) PagerDuty
10 1 (0.23%) Qualtrics
10 1 (0.23%) Sparx