Algorithms Contract Job Trends in London
Algorithms
England > London
The table below looks at the prevalence of the term Algorithms in contract job vacancies in London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 24 October 2026, comparing them to the same period in the previous two years.
| 6 months to 24 Oct 2026 |
Same period 2025 | Same period 2024 | |
|---|---|---|---|
| Rank | 294 | 207 | 208 |
| Rank change year-on-year | -87 | +1 | +36 |
| Contract jobs citing Algorithms | 171 | 170 | 184 |
| As % of all contract jobs in London | 0.84% | 1.27% | 1.16% |
| As % of the Miscellaneous category | 2.15% | 3.26% | 3.43% |
| Number of daily rates quoted | 118 | 127 | 137 |
| 10th Percentile | £424 | £385 | £400 |
| 25th Percentile | £563 | £444 | £510 |
| Median daily rate (50th Percentile) | £675 | £600 | £625 |
| Median % change year-on-year | +12.50% | -4.00% | -10.71% |
| 75th Percentile | £738 | £806 | £788 |
| 90th Percentile | £832 | £1,050 | £915 |
| England median daily rate | £650 | £550 | £609 |
| % change year-on-year | +18.18% | -9.69% | -4.84% |
| Number of hourly rates quoted | 3 | 2 | 3 |
| 10th Percentile | £85.25 | £29.35 | £47.25 |
| 25th Percentile | £85.63 | £32.13 | £48.75 |
| Median hourly rate | £87.50 | £38.50 | £52.50 |
| Median % change year-on-year | +127.27% | -26.67% | -7.08% |
| 75th Percentile | £88.75 | £44.13 | £53.75 |
| 90th Percentile | - | £46.45 | - |
| England median hourly rate | £75.00 | £69.50 | £52.50 |
| % change year-on-year | +7.91% | +32.38% | +2.44% |
All Generic Skills
London
Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies citing generic IT skills in London.
| 6 months to 24 Oct 2026 |
Same period 2025 | Same period 2024 | |
|---|---|---|---|
| Contract vacancies citing generic IT skills | 7,952 | 5,216 | 5,367 |
| As % of all contract jobs advertised in London | 38.92% | 38.93% | 33.85% |
| Number of daily rates quoted | 5,089 | 3,328 | 3,456 |
| 10th Percentile | £354 | £338 | £325 |
| 25th Percentile | £450 | £438 | £450 |
| Median daily rate (50th Percentile) | £550 | £550 | £575 |
| Median % change year-on-year | - | -4.35% | -4.17% |
| 75th Percentile | £675 | £688 | £725 |
| 90th Percentile | £775 | £825 | £850 |
| England median daily rate | £525 | £525 | £540 |
| % change year-on-year | - | -2.82% | -1.77% |
| Number of hourly rates quoted | 228 | 129 | 66 |
| 10th Percentile | £16.64 | £17.06 | £17.38 |
| 25th Percentile | £20.52 | £22.50 | £24.24 |
| Median hourly rate | £35.91 | £26.30 | £36.50 |
| Median % change year-on-year | +36.54% | -27.95% | +22.81% |
| 75th Percentile | £56.25 | £46.75 | £58.44 |
| 90th Percentile | £87.00 | £73.75 | £79.75 |
| England median hourly rate | £32.50 | £28.13 | £52.50 |
| % change year-on-year | +15.56% | -46.43% | +16.67% |
Algorithms Job Vacancy Trend in London
Historical trend showing the proportion of contract IT job postings citing Algorithms relative to all contract IT jobs advertised in London.
Algorithms Daily Rate Trend in London
Contractor daily rate distribution trend for jobs in London citing Algorithms.
Algorithms Daily Rate Histogram in London
Daily rate distribution for jobs citing Algorithms in London over the 6 months to 24 October 2026.
Algorithms Hourly Rate Trend in London
Contractor hourly rate distribution trend for jobs in London citing Algorithms.
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 24 October 2026. 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 |
Job Ads Past 6 Months |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| Central London | -33 | 13 | £675 | +8.00% | 61 |
| West London | -13 | 9 | £725 | +38.10% | 14 |
| South London | -16 | 1 | £650 | -16.13% | |
| Algorithms England |
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Algorithms Co-Occurring Skills & Capabilities in London by Category
The table below expands on the one above by listing co-occurrences one category at a time. It covers the same employment type, locality and period, with up to 20 co-occurrences in each category.
Miscellaneous
| Rank | Skill | Share | Job Ads |
|---|---|---|---|
| 1 | Data Structures | 29.8% | 51 |
| 2 | Distributed Systems | 18.7% | 32 |
| 3 | Derivative | 8.8% | 15 |
| 4 | AI Agents | 7.0% | 12 |
| 5 | Cloud Native | 6.4% | 11 |
| 5 | Foreign Exchange (FX) | 6.4% | 11 |
| 7 | Onboarding | 4.1% | 7 |
| 7 | Product Ownership | 4.1% | 7 |
| 7 | Robotics | 4.1% | 7 |
| 10 | Credit Risk | 2.9% | 5 |
| 10 | Enterprise Software | 2.9% | 5 |
| 10 | Fixed Income | 2.9% | 5 |
| 10 | Reference Data | 2.9% | 5 |
| 14 | Data Protection Act | 2.3% | 4 |
| 14 | Exotic Derivative | 2.3% | 4 |
| 14 | OTC Derivatives | 2.3% | 4 |
| 17 | Distributed Computing | 1.8% | 3 |
| 17 | Embedded Systems | 1.8% | 3 |
| 17 | Equities | 1.8% | 3 |
| 17 | Market Risk | 1.8% | 3 |