Period
to 26 May 2018

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of AlgoSec products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited AlgoSec over the 6 months to 26 May 2018 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 AlgoSec.

AlgoSec
UK
6 months to
26 May 2018
Same period 2017 Same period 2016
Rank 882 834 881
Rank change year-on-year -48 +47 -29
Contract jobs citing AlgoSec 8 13 9
As % of all contract IT jobs advertised in the UK 0.008% 0.014% 0.009%
As % of the Vendors category 0.019% 0.032% 0.019%
Number of daily rates quoted 5 13 4
UK median daily rate £388 £525 £375
Median daily rate % change year-on-year -26.19% +40.00% -25.00%
10th Percentile £250 £406 £363
90th Percentile £500 £555 £388
UK excluding London median daily rate £250 £413 £375
% change year-on-year -39.39% +10.00% -42.31%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

AlgoSec 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 42,328 40,234 46,618
As % of all contract IT jobs advertised in the UK 41.70% 44.18% 44.09%
Number of daily rates quoted 26,405 24,692 28,318
UK median daily rate £450 £425 £410
Median daily rate % change year-on-year +5.88% +3.66% +2.50%
10th Percentile £250 £250 £243
90th Percentile £625 £600 £588
UK excluding London median daily rate £413 £400 £388
% change year-on-year +3.13% +3.23% +3.33%
Number of hourly rates quoted 1,490 1,412 1,642
UK median hourly rate £17.50 £17.50 £18.50
Median hourly rate % change year-on-year - -5.41% +5.71%
10th Percentile £10.75 £10.38 £10.00
90th Percentile £47.50 £47.50 £47.76
UK excluding London median hourly rate £15.86 £16.92 £18.00
% change year-on-year -6.26% -6.00% +5.88%

AlgoSec
Job Vacancy Trend

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

Job vacancy trend for AlgoSec in the UK

AlgoSec
Contractor Daily Rate Trend

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

Contractor daily rate trend for AlgoSec in the UK

AlgoSec
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing AlgoSec over the 6 months to 26 May 2018.

Contractor daily rate histogram for AlgoSec in the UK

AlgoSec
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing AlgoSec within the UK over the 6 months to 26 May 2018. 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 -46 7 £444 -19.32% 2
London -48 7 £444 -19.32% 1
UK excluding London -22 1 £250 -39.39% 2
Scotland -38 1 £250 -39.39% 1

For the 6 months to 26 May 2018, IT contractor jobs citing AlgoSec also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for AlgoSec.

1 8 (100.00%) Firewall
2 7 (87.50%) Tufin
3 5 (62.50%) Network Security
3 5 (62.50%) Business Intelligence
4 4 (50.00%) Fintech
5 2 (25.00%) Information Security
5 2 (25.00%) Risk Management
5 2 (25.00%) Linux
5 2 (25.00%) TCP/IP
6 1 (12.50%) Finance
6 1 (12.50%) Cybersecurity
6 1 (12.50%) Varonis

AlgoSec
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:

Communications & Networking
1 8 (100.00%) Firewall
2 5 (62.50%) Network Security
3 2 (25.00%) TCP/IP
General
1 1 (12.50%) Finance
Job Titles
1 5 (62.50%) Consultant
1 5 (62.50%) Firewall Specialist
2 4 (50.00%) Firewall Consultant
2 4 (50.00%) Network Consultant
2 4 (50.00%) Network Security Consultant
2 4 (50.00%) Network Security Specialist
2 4 (50.00%) Network Specialist
2 4 (50.00%) Security Consultant
2 4 (50.00%) Security Specialist
3 2 (25.00%) Firewall Engineer
3 2 (25.00%) Security Engineer
4 1 (12.50%) Developer
Miscellaneous
1 4 (50.00%) Fintech
Operating Systems
1 2 (25.00%) Linux
Processes & Methodologies
1 5 (62.50%) Business Intelligence
2 2 (25.00%) Information Security
2 2 (25.00%) Risk Management
3 1 (12.50%) Cybersecurity
Vendors
1 7 (87.50%) Tufin
2 1 (12.50%) Varonis