Algorithms
South West > Somerset
The table below looks at the prevalence of the term Algorithms in contract job vacancies in Somerset. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.
| 6 months to 1 May 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | - | 24 | 30 |
| Rank change year-on-year | - | +6 | +5 |
| Contract jobs citing Algorithms | 0 | 3 | 4 |
| As % of all contract jobs advertised in Somerset | - | 1.48% | 1.93% |
| As % of the Miscellaneous category | - | 5.77% | 6.15% |
| Number of daily rates quoted | 0 | 3 | 3 |
| Median daily rate (50th Percentile) | - | £500 | £450 |
| Median % change year-on-year | - | +11.11% | - |
| South West median daily rate | £668 | £450 | £500 |
| % change year-on-year | +48.33% | -10.00% | -7.41% |
| Number of hourly rates quoted | 0 | 0 | 1 |
| 10th Percentile | - | - | - |
| 25th Percentile | - | - | £31.25 |
| Median hourly rate | - | - | £32.50 |
| 75th Percentile | - | - | £33.75 |
| 90th Percentile | - | - | - |
| South West median hourly rate | £75.00 | £55.00 | £55.00 |
| % change year-on-year | +36.36% | - | +13.11% |
All Generic Skills
Somerset
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 requiring generic IT skills in Somerset.
| Contract vacancies with a requirement for generic IT skills | 53 | 52 | 65 |
| As % of all contract IT jobs advertised in Somerset | 38.13% | 25.62% | 31.40% |
| Number of daily rates quoted | 35 | 22 | 51 |
| 10th Percentile | £333 | £138 | £180 |
| 25th Percentile | £478 | £343 | £406 |
| Median daily rate (50th Percentile) | £625 | £500 | £525 |
| Median % change year-on-year | +25.00% | -4.76% | +23.53% |
| 75th Percentile | £675 | £570 | £675 |
| 90th Percentile | - | £606 | £700 |
| South West median daily rate | £535 | £545 | £550 |
| % change year-on-year | -1.83% | -0.91% | +10.11% |
| Number of hourly rates quoted | 1 | 13 | 4 |
| 10th Percentile | - | £12.10 | £16.93 |
| 25th Percentile | - | £12.50 | £17.94 |
| Median hourly rate | £21.01 | £40.00 | £25.75 |
| Median % change year-on-year | -47.48% | +55.34% | -48.24% |
| 75th Percentile | - | - | £37.81 |
| 90th Percentile | - | - | £45.13 |
| South West median hourly rate | £50.00 | £45.00 | £9.80 |
| % change year-on-year | +11.11% | +359.18% | -80.30% |
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.