Period
to 16 January 2021

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 16 January 2021 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
16 Jan 2021
Same period 2020 Same period 2019
Rank 218 223 189
Rank change year-on-year +5 -34 +57
Contract jobs citing Algorithms 180 355 656
As % of all contract jobs advertised in London 1.04% 1.17% 1.48%
As % of the Miscellaneous category 2.72% 3.47% 4.14%
Number of daily rates quoted 121 258 445
Median daily rate £550 £550 £550
10th Percentile £338 £412 £413
90th Percentile £688 £750 £750
England median daily rate £500 £538 £550
% change year-on-year -6.98% -2.27% -
Number of hourly rates quoted 5 4 3
Median hourly rate £37.93 £21.25 £42.50
Median hourly rate % change year-on-year +78.47% -50.00% -15.00%
10th Percentile £28.43 £13.58 £16.65
90th Percentile £55.41 £25.50 £54.75
England median hourly rate £48.46 £34.50 £42.50
% change year-on-year +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 6,615 10,241 15,837
As % of all contract IT jobs advertised in London 38.27% 33.71% 35.64%
Number of daily rates quoted 4,667 7,272 11,368
Median daily rate £525 £515 £525
Median daily rate % change year-on-year +1.94% -1.90% +5.00%
10th Percentile £313 £300 £313
90th Percentile £725 £710 £700
England median daily rate £475 £470 £475
% change year-on-year +1.06% -1.05% +5.56%
Number of hourly rates quoted 92 148 255
Median hourly rate £28.02 £22.97 £22.26
Median hourly rate % change year-on-year +22.01% +3.17% +1.64%
10th Percentile £13.80 £12.44 £13.00
90th Percentile £56.35 £52.25 £47.50
Median hourly rate £26.27 £21.51 £20.00
% change year-on-year +22.12% +7.56% -

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 16 January 2021.

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 16 January 2021.

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 16 January 2021. 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 +29 21 £588 +6.82% 39
West London +34 5 £620 +20.98% 19
South London +45 2 £581 -
Algorithms
England

For the 6 months to 16 January 2021, 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 84 (46.67%) Python
2 67 (37.22%) Agile Software Development
3 60 (33.33%) Data Structures
4 59 (32.78%) Machine Learning
5 58 (32.22%) Java
6 50 (27.78%) C++
7 49 (27.22%) Finance
8 47 (26.11%) Data Science
9 46 (25.56%) Computer Science
10 44 (24.44%) Software Engineering
11 37 (20.56%) Apache Spark
12 36 (20.00%) AWS
12 36 (20.00%) SQL
12 36 (20.00%) Linux
13 31 (17.22%) Analytical Skills
14 30 (16.67%) TDD
15 29 (16.11%) Azure
15 29 (16.11%) Mathematics
15 29 (16.11%) Big Data
16 28 (15.56%) Degree
17 26 (14.44%) Banking
17 26 (14.44%) DevOps
18 23 (12.78%) Analytics
18 23 (12.78%) C#
18 23 (12.78%) Artificial Intelligence
18 23 (12.78%) Problem-Solving
19 21 (11.67%) Multithreading
19 21 (11.67%) Git (software)
19 21 (11.67%) JavaScript
20 19 (10.56%) Electronic Trading

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 37 (20.56%) Apache Spark
2 14 (7.78%) Apache Airflow
3 9 (5.00%) CMS
4 5 (2.78%) Apache
5 3 (1.67%) Jupyter
6 2 (1.11%) Confluence
7 1 (0.56%) DNN
7 1 (0.56%) nginx
7 1 (0.56%) Tomcat
7 1 (0.56%) WordPress
Applications
1 3 (1.67%) Microsoft Excel
2 2 (1.11%) Microsoft PowerPoint
2 2 (1.11%) Simulink
2 2 (1.11%) Spreadsheet
3 1 (0.56%) Blender
3 1 (0.56%) Chatbot
3 1 (0.56%) Maya
Business Applications
1 2 (1.11%) Advent Geneva
1 2 (1.11%) SAP IS-U
2 1 (0.56%) SAP CRM
2 1 (0.56%) SAP ERP
Cloud Services
1 36 (20.00%) AWS
2 29 (16.11%) Azure
3 12 (6.67%) GitHub
4 10 (5.56%) Cloud Computing
5 8 (4.44%) AWS CloudFormation
6 7 (3.89%) GCP
6 7 (3.89%) Serverless
7 6 (3.33%) Amazon EMR
7 6 (3.33%) Amazon S3
8 5 (2.78%) Amazon Kinesis
8 5 (2.78%) Amazon SageMaker
8 5 (2.78%) PaaS
9 4 (2.22%) IaaS
10 3 (1.67%) Azure Data Factory
10 3 (1.67%) Azure Functions
10 3 (1.67%) Logic Apps
11 2 (1.11%) AWS CodePipeline
11 2 (1.11%) Azure Machine Learning
11 2 (1.11%) Power Platform
12 1 (0.56%) OpenShift
Communications & Networking
1 5 (2.78%) HTTP
2 2 (1.11%) Broadband
2 2 (1.11%) Internet
3 1 (0.56%) DSL
3 1 (0.56%) Firewall
3 1 (0.56%) WebEx
3 1 (0.56%) Wireless
Database & Business Intelligence
1 29 (16.11%) Big Data
2 14 (7.78%) Data Warehouse
2 14 (7.78%) Hadoop
3 13 (7.22%) Data Mining
4 12 (6.67%) Data Lake
5 9 (5.00%) NoSQL
6 7 (3.89%) Apache Hive
6 7 (3.89%) Redis
7 6 (3.33%) Amazon Athena
7 6 (3.33%) PostgreSQL
7 6 (3.33%) Snowflake Schema
8 5 (2.78%) Parquet
8 5 (2.78%) Relational Database
9 4 (2.22%) Blockchain
10 3 (1.67%) QGIS
11 2 (1.11%) Cosmos DB
11 2 (1.11%) Flink
11 2 (1.11%) Hazelcast
11 2 (1.11%) Power BI
11 2 (1.11%) Tableau
Development Applications
1 21 (11.67%) Git (software)
2 16 (8.89%) Jenkins
3 9 (5.00%) JIRA
4 5 (2.78%) Maven
4 5 (2.78%) MLflow
5 4 (2.22%) Cucumber
5 4 (2.22%) Subversion
6 2 (1.11%) CircleCI
6 2 (1.11%) fastlane
6 2 (1.11%) GitLab
6 2 (1.11%) Grunt
6 2 (1.11%) gulp
6 2 (1.11%) Selenium
6 2 (1.11%) webpack
7 1 (0.56%) Atlassian Bamboo
7 1 (0.56%) Bitbucket Server
7 1 (0.56%) Cypress.io
7 1 (0.56%) Sonatype Nexus
7 1 (0.56%) TeamCity
7 1 (0.56%) TortoiseSVN
General
1 49 (27.22%) Finance
2 26 (14.44%) Banking
3 14 (7.78%) Front Office
4 11 (6.11%) Investment Banking
5 10 (5.56%) Retail
6 8 (4.44%) Marketing
7 7 (3.89%) Games
8 5 (2.78%) Financial Institution
8 5 (2.78%) Telecoms
9 4 (2.22%) Public Sector
10 3 (1.67%) Pharmaceutical
11 2 (1.11%) German Language
11 2 (1.11%) Retail Banking
12 1 (0.56%) Electronics
12 1 (0.56%) Law
12 1 (0.56%) Legal
12 1 (0.56%) Music Industry
Job Titles
1 85 (47.22%) Developer
2 29 (16.11%) Data Scientist
2 29 (16.11%) Java Developer
3 19 (10.56%) C++ Developer
4 13 (7.22%) Python Developer
4 13 (7.22%) Quantitative Developer
5 11 (6.11%) Python Engineer
6 10 (5.56%) C# Developer
6 10 (5.56%) Consultant
6 10 (5.56%) Data Engineer
6 10 (5.56%) Software Engineer
7 8 (4.44%) Analyst
7 8 (4.44%) Analyst Developer
7 8 (4.44%) Developer Analyst
7 8 (4.44%) Support Analyst
8 7 (3.89%) Front End Developer (Client-Side Developer)
8 7 (3.89%) Senior Developer
9 6 (3.33%) C# Quant Developer
9 6 (3.33%) Senior Data Scientist
9 6 (3.33%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 19 (10.56%) Kafka
2 18 (10.00%) React
3 17 (9.44%) Web Services
4 16 (8.89%) REST
5 15 (8.33%) Pandas
6 14 (7.78%) PyTorch
6 14 (7.78%) Spring
7 13 (7.22%) FIX Protocol
7 13 (7.22%) NumPy
8 12 (6.67%) .NET
8 12 (6.67%) TensorFlow
9 11 (6.11%) scikit-learn
10 10 (5.56%) AngularJS
10 10 (5.56%) HTML
11 9 (5.00%) Natural Language Processing
12 8 (4.44%) PostGIS
12 8 (4.44%) QuickFIX
13 7 (3.89%) Flask
13 7 (3.89%) Spring Boot
13 7 (3.89%) XML
Miscellaneous
1 60 (33.33%) Data Structures
2 31 (17.22%) Analytical Skills
3 11 (6.11%) Foreign Exchange (FX)
3 11 (6.11%) Self-Motivation
4 7 (3.89%) Social Media
5 6 (3.33%) Enterprise Software
5 6 (3.33%) Hedge funds
6 5 (2.78%) Analytical Mindset
7 4 (2.22%) Bitcoin
7 4 (2.22%) Cloud Native
7 4 (2.22%) Equities
7 4 (2.22%) FMCG
7 4 (2.22%) Market Risk
7 4 (2.22%) PKI
7 4 (2.22%) User Experience
8 3 (1.67%) Derivative
8 3 (1.67%) Fixed Income
8 3 (1.67%) Media Streaming
8 3 (1.67%) Smartcard
8 3 (1.67%) YubiKey
Operating Systems
1 36 (20.00%) Linux
2 7 (3.89%) Unix
3 4 (2.22%) Android
4 3 (1.67%) Apple iOS
5 2 (1.11%) Windows
6 1 (0.56%) Mac OS
Processes & Methodologies
1 67 (37.22%) Agile Software Development
2 59 (32.78%) Machine Learning
3 47 (26.11%) Data Science
4 46 (25.56%) Computer Science
5 44 (24.44%) Software Engineering
6 30 (16.67%) TDD
7 29 (16.11%) Mathematics
8 26 (14.44%) DevOps
9 23 (12.78%) Analytics
9 23 (12.78%) Artificial Intelligence
9 23 (12.78%) Problem-Solving
10 21 (11.67%) Multithreading
11 19 (10.56%) Electronic Trading
11 19 (10.56%) Low Latency
11 19 (10.56%) Statistics
12 17 (9.44%) Data Analysis
12 17 (9.44%) Microservices
13 16 (8.89%) OO
13 16 (8.89%) OOD
13 16 (8.89%) Visualisation
Programming Languages
1 84 (46.67%) Python
2 58 (32.22%) Java
3 50 (27.78%) C++
4 36 (20.00%) SQL
5 23 (12.78%) C#
6 21 (11.67%) JavaScript
7 17 (9.44%) Scala
8 13 (7.22%) R
9 12 (6.67%) C
10 11 (6.11%) Java 8
11 6 (3.33%) MATLAB
11 6 (3.33%) PHP
12 5 (2.78%) PowerShell
12 5 (2.78%) Rust
13 4 (2.22%) ES6
13 4 (2.22%) TypeScript
14 3 (1.67%) Apple Swift
14 3 (1.67%) Bash Shell
14 3 (1.67%) Go
15 2 (1.11%) Objective-C
Qualifications
1 28 (15.56%) Degree
2 10 (5.56%) Computer Science Degree
2 10 (5.56%) Security Cleared
3 7 (3.89%) DV Cleared
3 7 (3.89%) Numerate Degree
4 6 (3.33%) PhD
5 5 (2.78%) Master's Degree
6 2 (1.11%) SC Cleared
7 1 (0.56%) Postgraduate
7 1 (0.56%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 7 (3.89%) QA
2 5 (2.78%) Data Quality
System Software
1 11 (6.11%) Docker
2 3 (1.67%) Active Directory
3 2 (1.11%) Apache ZooKeeper
3 2 (1.11%) etcd
3 2 (1.11%) Varnish
Systems Management
1 14 (7.78%) Kubernetes
1 14 (7.78%) Terraform
2 3 (1.67%) Opscode Chef
3 2 (1.11%) Consul
4 1 (0.56%) Hadoop YARN
4 1 (0.56%) Istio
4 1 (0.56%) Kubeflow
4 1 (0.56%) Rundeck
4 1 (0.56%) Single Sign-On
Vendors
1 11 (6.11%) Microsoft
2 7 (3.89%) Google
3 5 (2.78%) Databricks
3 5 (2.78%) Oracle
3 5 (2.78%) Sage
4 3 (1.67%) IBM
5 2 (1.11%) Advent
5 2 (1.11%) Confluent
5 2 (1.11%) Salesforce.com
5 2 (1.11%) SAP
5 2 (1.11%) Solace
6 1 (0.56%) Alteryx
6 1 (0.56%) Atlassian
6 1 (0.56%) Marketo
6 1 (0.56%) Teradata