Statistical Modelling Contracts in London

Statistical Modelling
England > London

The table below provides summary statistics for contract job vacancies advertised in London requiring Statistical Modelling skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Statistical Modelling over the 6 months leading up to 19 June 2024, comparing them to the same period in the previous two years.

6 months to
19 Jun 2024
Same period 2023 Same period 2022
Rank 377 450 539
Rank change year-on-year +73 +89 -99
Contract jobs citing Statistical Modelling 23 32 65
As % of all contract jobs advertised in London 0.13% 0.13% 0.17%
As % of the Processes & Methodologies category 0.15% 0.14% 0.18%
Number of daily rates quoted 20 22 43
10th Percentile £289 £478 £428
25th Percentile £435 £531 £522
Median daily rate (50th Percentile) £538 £725 £600
Median % change year-on-year -25.86% +20.83% +9.09%
75th Percentile £648 £1,075 £638
90th Percentile £879 £1,236 £748
England median daily rate £513 £650 £579
% change year-on-year -21.15% +12.26% +5.27%

All Process and Methodology Skills
London

Statistical Modelling falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in London.

Contract vacancies with a requirement for process or methodology skills 15,607 22,862 35,495
As % of all contract IT jobs advertised in London 88.27% 90.90% 92.19%
Number of daily rates quoted 11,159 16,574 26,061
10th Percentile £340 £375 £394
25th Percentile £445 £475 £475
Median daily rate (50th Percentile) £550 £588 £575
Median % change year-on-year -6.38% +2.17% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £780
England median daily rate £525 £550 £550
% change year-on-year -4.55% - +10.00%
Number of hourly rates quoted 315 267 388
10th Percentile £15.50 £18.00 £17.09
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £30.00 £39.42 £36.00
Median % change year-on-year -23.90% +9.50% +9.59%
75th Percentile £48.75 £64.50 £50.83
90th Percentile £67.60 £82.50 £67.50
England median hourly rate £37.50 £36.00 £25.68
% change year-on-year +4.17% +40.19% +14.13%

Statistical Modelling
Job Vacancy Trend in London

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

Job vacancy trend for Statistical Modelling in London

Statistical Modelling
Contractor Daily Rate Trend in London

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

Daily rate trend for Statistical Modelling in London

Statistical Modelling
Daily Rate Histogram in London

Daily rate distribution for jobs citing Statistical Modelling in London over the 6 months to 19 June 2024.

Daily rate histogram for Statistical Modelling in London

Statistical Modelling
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Statistical Modelling in London

Statistical Modelling
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 Statistical Modelling within the London region over the 6 months to 19 June 2024. 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
Jobs
Central London +41 5 £722 +80.50% 4
Statistical Modelling
England

Statistical Modelling
Co-occurring Skills and Capabilities in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (8.70%) Jupyter
2 1 (4.35%) Apache Spark
2 1 (4.35%) SAS
Applications
1 5 (21.74%) SPSS
2 4 (17.39%) Microsoft Excel
3 1 (4.35%) Spreadsheet
Cloud Services
1 3 (13.04%) Microsoft 365
1 3 (13.04%) Power Platform
2 2 (8.70%) AWS
2 2 (8.70%) Azure
3 1 (4.35%) ChatGPT
3 1 (4.35%) GCP
3 1 (4.35%) WhatsApp
Database & Business Intelligence
1 3 (13.04%) BusinessObjects XI
1 3 (13.04%) Data Mining
1 3 (13.04%) Power BI
1 3 (13.04%) Power Query
1 3 (13.04%) PowerPivot
2 2 (8.70%) KDB
3 1 (4.35%) BigQuery
3 1 (4.35%) MongoDB
3 1 (4.35%) NoSQL
3 1 (4.35%) Qlik Sense
Development Applications
1 4 (17.39%) Git
General
1 5 (21.74%) Analytical Skills
2 3 (13.04%) Finance
2 3 (13.04%) Local Government
3 2 (8.70%) Social Skills
4 1 (4.35%) Inclusion and Diversity
4 1 (4.35%) Marketing
4 1 (4.35%) Retail
Job Titles
1 10 (43.48%) Data Scientist
2 4 (17.39%) Lead
2 4 (17.39%) Senior Data Scientist
3 3 (13.04%) Senior
4 2 (8.70%) Analyst
4 2 (8.70%) Data Analyst
5 1 (4.35%) Architect
5 1 (4.35%) Artificial Intelligence Consultant
5 1 (4.35%) Artificial Intelligence Developer
5 1 (4.35%) Automation Tester
5 1 (4.35%) Data Modeller
5 1 (4.35%) Data Science Tester
5 1 (4.35%) Developer
5 1 (4.35%) Econometrician
5 1 (4.35%) Junior
5 1 (4.35%) Junior Data Scientist
5 1 (4.35%) Lead Architect
5 1 (4.35%) Lead Solutions Architect
5 1 (4.35%) Technical Analyst
5 1 (4.35%) Tester
Libraries, Frameworks & Software Standards
1 2 (8.70%) Pandas
2 1 (4.35%) Matplotlib
2 1 (4.35%) NumPy
2 1 (4.35%) Plotly
2 1 (4.35%) PySpark
2 1 (4.35%) scikit-learn
Miscellaneous
1 9 (39.13%) Algorithms
2 3 (13.04%) Linked Data
3 2 (8.70%) Fixed Income
4 1 (4.35%) Blog
4 1 (4.35%) Credit Risk
4 1 (4.35%) Multi-touch
Processes & Methodologies
1 14 (60.87%) Data Science
2 11 (47.83%) Machine Learning
3 8 (34.78%) Mathematics
4 6 (26.09%) Data Pipeline
5 5 (21.74%) Analytics
5 5 (21.74%) Bayesian Methods
5 5 (21.74%) Business Intelligence
5 5 (21.74%) Data Analysis
5 5 (21.74%) Decision-Making
5 5 (21.74%) Visualisation
6 4 (17.39%) Data Modelling
6 4 (17.39%) Econometrics
6 4 (17.39%) Problem-Solving
6 4 (17.39%) Statistical Analysis
7 3 (13.04%) Analytical Modelling
7 3 (13.04%) Artificial Intelligence
7 3 (13.04%) Computer Science
7 3 (13.04%) Stakeholder Identification
7 3 (13.04%) Statistics
7 3 (13.04%) Validation
Programming Languages
1 18 (78.26%) Python
2 10 (43.48%) SQL
3 7 (30.43%) R
4 3 (13.04%) Java
5 2 (8.70%) C#
6 1 (4.35%) C++
Qualifications
1 4 (17.39%) Degree
2 1 (4.35%) Computer Science Degree
2 1 (4.35%) Master's Degree
2 1 (4.35%) Numerate Degree
2 1 (4.35%) PhD
Quality Assurance & Compliance
1 4 (17.39%) Data Quality
2 1 (4.35%) QA
Vendors
1 1 (4.35%) Cognos
1 1 (4.35%) Databricks
1 1 (4.35%) Google