Feature Engineering Contracts

Feature Engineering
UK

The following table provides summary statistics for contract job vacancies with a requirement for Feature Engineering skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Feature Engineering over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 588 708 819
Rank change year-on-year +120 +111 -160
Contract jobs citing Feature Engineering 6 8 36
As % of all contract jobs advertised in the UK 0.014% 0.013% 0.041%
As % of the Processes & Methodologies category 0.016% 0.015% 0.045%
Number of daily rates quoted 6 7 14
10th Percentile £525 £288 £351
25th Percentile £534 £448 £408
Median daily rate (50th Percentile) £575 £518 £487
Median % change year-on-year +11.11% +6.34% -18.89%
75th Percentile £691 £551 £588
90th Percentile £775 £566 £710
UK excluding London median daily rate - £518 £425
% change year-on-year - +21.76% -1.73%

All Process and Methodology Skills
UK

Feature Engineering is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,383 53,667 80,409
As % of all contract IT jobs advertised in the UK 86.31% 89.90% 90.57%
Number of daily rates quoted 24,097 37,244 56,431
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.20%
Number of hourly rates quoted 2,426 1,746 1,925
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.25
Median hourly rate £35.00 £37.30 £25.00
Median % change year-on-year -6.17% +49.20% -
75th Percentile £59.44 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK excluding London median hourly rate £36.05 £36.00 £20.00
% change year-on-year +0.13% +80.00% -8.51%

Feature Engineering
Job Vacancy Trend

Job postings citing Feature Engineering as a proportion of all IT jobs advertised.

Job vacancy trend for Feature Engineering in the UK

Feature Engineering
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Feature Engineering.

Daily rate trend for Feature Engineering in the UK

Feature Engineering
Daily Rate Histogram

Daily rate distribution for jobs citing Feature Engineering over the 6 months to 28 April 2024.

Daily rate histogram for Feature Engineering in the UK

Feature Engineering
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Feature Engineering within the UK over the 6 months to 28 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
England +115 6 £575 +11.11% 14
London +109 5 £575 +17.95% 9
Work from Home +127 2 £688 +61.76% 5

Feature Engineering
Co-occurring Skills and Capabilities 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:

Applications
1 1 (16.67%) Chatbot
Cloud Services
1 3 (50.00%) Azure
1 3 (50.00%) Vertex AI
2 2 (33.33%) Azure Machine Learning
3 1 (16.67%) AWS
3 1 (16.67%) ChatGPT
3 1 (16.67%) GCP
3 1 (16.67%) IBM Watson
3 1 (16.67%) WhatsApp
Database & Business Intelligence
1 1 (16.67%) MongoDB
Development Applications
1 2 (33.33%) Git
General
1 5 (83.33%) Social Skills
2 2 (33.33%) Retail
3 1 (16.67%) Analytical Skills
3 1 (16.67%) Documentation Skills
Job Titles
1 4 (66.67%) Data Scientist
2 2 (33.33%) Senior
2 2 (33.33%) Senior Data Scientist
3 1 (16.67%) Artificial Intelligence Consultant
3 1 (16.67%) Artificial Intelligence Developer
3 1 (16.67%) Consultant
3 1 (16.67%) Developer
Miscellaneous
1 6 (100.00%) Algorithms
2 1 (16.67%) FMCG
Processes & Methodologies
1 6 (100.00%) Data Science
1 6 (100.00%) Machine Learning
2 5 (83.33%) Computer Science
3 4 (66.67%) Statistics
4 3 (50.00%) Artificial Intelligence
4 3 (50.00%) MLOps
4 3 (50.00%) Validation
5 2 (33.33%) Actionable Insight
5 2 (33.33%) CI/CD
5 2 (33.33%) Computer Vision
5 2 (33.33%) Containerisation
5 2 (33.33%) Continuous Integration
5 2 (33.33%) Customer Experience
5 2 (33.33%) Data Analysis
5 2 (33.33%) E-Commerce
5 2 (33.33%) Model Validation
5 2 (33.33%) Natural Language Processing
5 2 (33.33%) Natural Language Understanding
5 2 (33.33%) Personalization
5 2 (33.33%) Problem-Solving
Programming Languages
1 5 (83.33%) Python
2 1 (16.67%) C++
2 1 (16.67%) Java
Qualifications
1 5 (83.33%) Degree
2 3 (50.00%) Master's Degree
2 3 (50.00%) PhD
3 2 (33.33%) Computer Science Degree
System Software
1 2 (33.33%) Docker
Vendors
1 2 (33.33%) Databricks
2 1 (16.67%) Google
2 1 (16.67%) IBM