Period
to 23 November 2017

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Algorithmics products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithmics over the 6 months to 23 November 2017 with a comparison to the same period in 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Algorithmics, Inc.

Algorithmics
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 882 889 884
Rank change year-on-year +7 -5 +12
Contract jobs citing Algorithmics 5 2 11
As % of all contract IT jobs advertised in the UK 0.005% 0.002% 0.010%
As % of the Vendors category 0.011% 0.004% 0.022%
Number of daily rates quoted 3 2 10
UK median daily rate £600 £825 £650
Median daily rate % change year-on-year -27.27% +26.92% +6.12%
10th Percentile £489 £738 £450
90th Percentile £645 £913 £753
UK excluding London median daily rate - - £450
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Algorithmics is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services.

All Vendors
UK
Contract vacancies with a requirement for knowledge or experience of vendor products and services 43948 47741 49215
As % of all contract IT jobs advertised in the UK 42.62% 45.35% 43.30%
Number of daily rates quoted 27314 29152 29013
UK median daily rate £433 £420 £400
Median daily rate % change year-on-year +2.98% +5.00% -
10th Percentile £235 £240 £225
90th Percentile £625 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +4.17%
Number of hourly rates quoted 1468 1711 2098
UK median hourly rate £17.43 £16.50 £17.50
Median hourly rate % change year-on-year +5.64% -5.71% +6.06%
10th Percentile £10.65 £10.25 £10.13
90th Percentile £45.30 £45.00 £43.75
UK excluding London median hourly rate £16.50 £16.50 £17.50
% change year-on-year - -5.71% +6.06%

Algorithmics
Job Vacancy Trend

Job postings citing Algorithmics as a percentage of all IT jobs advertised.

Job vacancy trend for Algorithmics in the UK

Algorithmics
Contractor Daily Rate Trend

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

Contractor daily rate trend for Algorithmics in the UK

Algorithmics
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Algorithmics over the 6 months to 23 November 2017.

Contractor daily rate histogram for Algorithmics in the UK

Algorithmics
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithmics within the UK over the 6 months to 23 November 2017. 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
Job
Vacancies
England +19 5 £600 -27.27%
London -13 5 £600 -27.27%

For the 6 months to 23 November 2017, IT contractor jobs citing Algorithmics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Algorithmics.

1 4 (80.00%) Front Office
1 4 (80.00%) Collateral Management
2 3 (60.00%) Back Office
2 3 (60.00%) Calypso
2 3 (60.00%) Banking
3 2 (40.00%) Investment Banking
4 1 (20.00%) Data Mapping
4 1 (20.00%) Algo Collateral
4 1 (20.00%) HTML5
4 1 (20.00%) Analytical Skills
4 1 (20.00%) Algorithms
4 1 (20.00%) Front End Development
4 1 (20.00%) GAP Analysis
4 1 (20.00%) Data Analysis
4 1 (20.00%) Legal
4 1 (20.00%) Grid Computing
4 1 (20.00%) Agile Software Development
4 1 (20.00%) C#
4 1 (20.00%) HTML
4 1 (20.00%) SQL
4 1 (20.00%) .NET
4 1 (20.00%) SQL Server
4 1 (20.00%) OOP
4 1 (20.00%) OO
4 1 (20.00%) Data Modelling
4 1 (20.00%) Virtual Machines
4 1 (20.00%) PnL Attribution

Algorithmics
Co-occurring IT Skills by Category

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

Business Applications
1 1 (20.00%) Algo Collateral
Database & Business Intelligence
1 1 (20.00%) SQL Server
General
1 4 (80.00%) Front Office
2 3 (60.00%) Back Office
2 3 (60.00%) Banking
3 2 (40.00%) Investment Banking
4 1 (20.00%) Legal
Job Titles
1 2 (40.00%) Consultant
2 1 (20.00%) Agile C# Developer
2 1 (20.00%) Agile Developer
2 1 (20.00%) Analyst
2 1 (20.00%) Applications Architect
2 1 (20.00%) Architect
2 1 (20.00%) Business Analyst
2 1 (20.00%) Business Data Analyst
2 1 (20.00%) C# Developer
2 1 (20.00%) Collateral Management Business Analyst
2 1 (20.00%) Data Analyst
2 1 (20.00%) Data Business Analyst
2 1 (20.00%) Developer
2 1 (20.00%) Functional Consultant
2 1 (20.00%) Management Consultant
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) HTML
1 1 (20.00%) HTML5
Miscellaneous
1 1 (20.00%) Algorithms
1 1 (20.00%) Analytical Skills
1 1 (20.00%) Grid Computing
Processes & Methodologies
1 4 (80.00%) Collateral Management
2 1 (20.00%) Agile Software Development
2 1 (20.00%) Data Analysis
2 1 (20.00%) Data Mapping
2 1 (20.00%) Data Modelling
2 1 (20.00%) Front End Development
2 1 (20.00%) GAP Analysis
2 1 (20.00%) OO
2 1 (20.00%) OOP
2 1 (20.00%) PnL Attribution
Programming Languages
1 1 (20.00%) C#
1 1 (20.00%) SQL
System Software
1 1 (20.00%) Virtual Machines
Vendors
1 3 (60.00%) Calypso