Algorithms
South West > Somerset
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 24 April 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 24 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 26 | 28 | 36 |
| Rank change year-on-year | +2 | +8 | - |
| Contract jobs citing Algorithms | 3 | 4 | 2 |
| As % of all contract jobs advertised in Somerset | 1.48% | 1.98% | 0.97% |
| As % of the Miscellaneous category | 5.77% | 6.25% | 3.70% |
| Number of daily rates quoted | 3 | 3 | 0 |
| 10th Percentile | £435 | - | - |
| 25th Percentile | £450 | - | - |
| Median daily rate (50th Percentile) | £500 | £450 | - |
| Median % change year-on-year | +11.11% | - | - |
| 75th Percentile | £525 | - | - |
| 90th Percentile | - | - | - |
| South West median daily rate | £450 | £500 | £540 |
| % change year-on-year | -10.00% | -7.41% | +23.43% |
| Number of hourly rates quoted | 0 | 1 | 2 |
| 10th Percentile | - | - | £46.60 |
| 25th Percentile | - | £31.25 | £47.13 |
| Median hourly rate | - | £32.50 | £48.63 |
| Median % change year-on-year | - | -33.16% | - |
| 75th Percentile | - | £33.75 | £49.50 |
| 90th Percentile | - | - | £49.65 |
| South West median hourly rate | £55.00 | £55.00 | £48.63 |
| % change year-on-year | - | +13.11% | +14.41% |
All Generic Skills
Somerset
Algorithms is in the General and Transferable 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.
| Contract vacancies with a requirement for generic IT skills | 52 | 64 | 54 |
| As % of all contract IT jobs advertised in Somerset | 25.62% | 31.68% | 26.21% |
| Number of daily rates quoted | 22 | 50 | 33 |
| 10th Percentile | £138 | £180 | £211 |
| 25th Percentile | £343 | £403 | £331 |
| Median daily rate (50th Percentile) | £500 | £538 | £425 |
| Median % change year-on-year | -6.98% | +26.47% | -15.00% |
| 75th Percentile | £570 | £675 | £494 |
| 90th Percentile | £606 | £708 | £535 |
| South West median daily rate | £545 | £550 | £480 |
| % change year-on-year | -0.91% | +14.58% | +6.67% |
| Number of hourly rates quoted | 13 | 4 | 5 |
| 10th Percentile | £12.10 | £16.93 | £43.36 |
| 25th Percentile | £12.50 | £17.94 | £46.25 |
| Median hourly rate | £40.00 | £25.75 | £49.75 |
| Median % change year-on-year | +55.34% | -48.24% | +4.87% |
| 75th Percentile | - | £37.81 | - |
| 90th Percentile | - | £45.13 | - |
| South West median hourly rate | £45.00 | £9.80 | £49.75 |
| % change year-on-year | +359.18% | -80.30% | +0.57% |
Algorithms
Job Vacancy Trend in Somerset
Job postings citing Algorithms as a proportion of all IT jobs advertised in Somerset.
Algorithms
Contractor Daily Rate Trend in Somerset
3-month moving average daily rate quoted in jobs citing Algorithms in Somerset.
Algorithms
Contractor Hourly Rate Trend in Somerset
3-month moving average hourly rates quoted in jobs citing Algorithms in Somerset.
Algorithms
Contract Job Locations in Somerset
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Somerset region over the 6 months to 24 April 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 |
|---|---|---|---|---|---|
| Bath | 0 | 3 | £500 | +11.11% | 3 |
| Algorithms South West |
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Algorithms
Co-occurring Skills and Capabilities in Somerset 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:
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