Period
to 21 July 2018

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in Somerset. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 21 July 2018 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
South West > Somerset
6 months to
21 Jul 2018
Same period 2017 Same period 2016
Rank - 54 -
Contract jobs citing Algorithms 0 1 0
As % of all contract IT jobs advertised in Somerset - 0.22% -
As % of the Miscellaneous category - 0.87% -
Number of daily rates quoted 0 1 0
Somerset median daily rate - £350 -
South West median daily rate £400 £425 £500
% change year-on-year -5.88% -15.00% +33.33%
Number of hourly rates quoted 0 0 0
Somerset median hourly rate - - -
South West median hourly rate - - £42.50

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 Somerset with a requirement for generic IT skills.

All Generic IT Skills
Somerset
Contract vacancies with a requirement for generic IT skills 89 115 120
As % of all contract IT jobs advertised in Somerset 19.56% 25.61% 23.58%
Number of daily rates quoted 51 58 56
Somerset median daily rate £375 £375 £375
10th Percentile £163 £138 £252
90th Percentile £500 £575 £525
South West median daily rate £413 £400 £375
% change year-on-year +3.13% +6.67% -
Number of hourly rates quoted 5 25 37
Somerset median hourly rate £38.00 £47.50 £35.00
Median hourly rate % change year-on-year -20.01% +35.71% -25.53%
10th Percentile £27.85 £32.05 £14.35
90th Percentile £42.20 £50.00 £57.00
South West median hourly rate £42.50 £41.00 £37.50
% change year-on-year +3.66% +9.33% +7.14%

Algorithms
Job Vacancy Trend in Somerset

Job postings citing Algorithms as a percentage of all IT jobs advertised in Somerset.

Job vacancy trend for Algorithms in Somerset

Algorithms
Contractor Daily Rate Trend in Somerset

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

Contractor daily rate trend for Algorithms in Somerset

Algorithms
Contractor Hourly Rate Trend in Somerset

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Algorithms in Somerset.

Contractor hourly rate trend for Algorithms in Somerset