Period
to 8 August 2020

The following table provides summary statistics for contract job vacancies with a requirement for MATLAB skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MATLAB over the 6 months to 8 August 2020 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.

MathWorks MATLAB
UK
6 months to
8 Aug 2020
Same period 2019 Same period 2018
Rank 478 619 700
Rank change year-on-year +141 +81 -36
Contract jobs citing MATLAB 70 230 208
As % of all contract jobs advertised in the UK 0.20% 0.25% 0.20%
As % of the Programming Languages category 0.48% 0.60% 0.46%
Number of daily rates quoted 25 108 78
Median daily rate £625 £450 £450
Median daily rate % change year-on-year +38.89% - +5.88%
10th Percentile £428 £300 £319
90th Percentile £750 £700 £641
UK excluding London median daily rate £438 £403 £375
% change year-on-year +8.70% +7.33% -6.25%
Number of hourly rates quoted 13 31 34
Median hourly rate £47.50 £47.50 £42.50
Median hourly rate % change year-on-year - +11.76% -
10th Percentile £41.25 £37.50 £24.48
90th Percentile £53.50 £52.50 £48.75
UK excluding London median hourly rate £47.50 £47.50 £42.50
% change year-on-year - +11.76% -3.63%

MATLAB is in the Programming Languages category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for coding skills.

All Programming Languages
UK
Contract vacancies with a requirement for coding skills 14,518 38,644 45,283
As % of all contract IT jobs advertised in the UK 41.22% 42.39% 44.12%
Number of daily rates quoted 9,612 26,750 31,750
Median daily rate £495 £475 £463
Median daily rate % change year-on-year +4.21% +2.70% +2.78%
10th Percentile £320 £322 £313
90th Percentile £681 £650 £638
UK excluding London median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 366 700 748
Median hourly rate £35.25 £44.00 £40.50
Median hourly rate % change year-on-year -19.89% +8.64% +1.25%
10th Percentile £17.63 £20.50 £16.25
90th Percentile £56.25 £55.00 £52.50
Median hourly rate £37.55 £44.00 £40.63
% change year-on-year -14.67% +8.31% -1.28%

MATLAB
Job Vacancy Trend

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

Job vacancy trend for MATLAB in the UK

MATLAB
Contractor Daily Rate Trend

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

Daily rate trend for MATLAB in the UK

MATLAB
Daily Rate Histogram

Daily rate distribution for jobs citing MATLAB over the 6 months to 8 August 2020.

Daily rate histogram for MATLAB in the UK

MATLAB
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing MATLAB.

Hourly rate trend for MATLAB in the UK

MATLAB
Hourly Rate Histogram

Hourly rate distribution of jobs citing MATLAB over the 6 months to 8 August 2020.

Hourly rate histogram for MATLAB in the UK

MATLAB
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MATLAB within the UK over the 6 months to 8 August 2020. 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 +147 70 £625 +38.89% 78
UK excluding London +146 45 £438 +8.70% 71
London +149 24 £638 +6.25% 13
East of England +76 16 - - 20
South East +132 11 £350 -17.65% 27
South West +70 9 - - 8
Midlands +82 6 £600 +54.84% 6
West Midlands +53 4 £600 +54.84% 2
North of England +109 3 £365 +14.51% 4
Yorkshire +70 2 £140 -34.12%
East Midlands - 2 - - 4
Work from Home - 2 - - 1
North West +72 1 £590 +31.11% 2

For the 6 months to 8 August 2020, IT contractor jobs citing MATLAB 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 MATLAB.

1 32 (45.71%) Simulink
2 28 (40.00%) Python
3 23 (32.86%) C
4 20 (28.57%) Security Cleared
5 18 (25.71%) Agile Software Development
5 18 (25.71%) UML
6 17 (24.29%) SQL
6 17 (24.29%) Microsoft Excel
6 17 (24.29%) SC Cleared
7 16 (22.86%) Microsoft
7 16 (22.86%) Analytics
8 15 (21.43%) R
8 15 (21.43%) Rational Rhapsody
8 15 (21.43%) Data Analysis
9 14 (20.00%) Asset Management
9 14 (20.00%) Finance
9 14 (20.00%) Law
9 14 (20.00%) Scrum
10 13 (18.57%) Fixed Income
10 13 (18.57%) Front Office
10 13 (18.57%) Bloomberg
10 13 (18.57%) VBA
10 13 (18.57%) Software Engineering
10 13 (18.57%) Risk Analysis
10 13 (18.57%) Derivative
10 13 (18.57%) Hedge funds
10 13 (18.57%) Rational DOORS
10 13 (18.57%) OTC Derivatives
10 13 (18.57%) Performance Attribution
11 12 (17.14%) Fund Management

MATLAB
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:

Application Platforms
1 1 (1.43%) SAS
Applications
1 32 (45.71%) Simulink
2 17 (24.29%) Microsoft Excel
3 2 (2.86%) Microsoft Office
3 2 (2.86%) Microsoft PowerPoint
3 2 (2.86%) SPSS
3 2 (2.86%) Stata
3 2 (2.86%) Stateflow
4 1 (1.43%) SOLIDWORKS
Cloud Services
1 4 (5.71%) GitHub
Communications & Networking
1 1 (1.43%) RS-232
1 1 (1.43%) Software-Defined Radio
1 1 (1.43%) TCP/IP
1 1 (1.43%) Wireless
Database & Business Intelligence
1 2 (2.86%) PostgreSQL
2 1 (1.43%) Big Data
2 1 (1.43%) Hadoop
2 1 (1.43%) MS Access
2 1 (1.43%) Relational Database
2 1 (1.43%) SQL Server
Development Applications
1 15 (21.43%) Rational Rhapsody
2 13 (18.57%) Rational DOORS
3 5 (7.14%) JIRA
4 4 (5.71%) Git (software)
5 3 (4.29%) LabVIEW
6 1 (1.43%) Android Studio
6 1 (1.43%) MSBuild
6 1 (1.43%) Rational Team Concert
6 1 (1.43%) Selenium
6 1 (1.43%) TeamCity
6 1 (1.43%) Xcode
General
1 14 (20.00%) Finance
1 14 (20.00%) Law
2 13 (18.57%) Front Office
3 6 (8.57%) Electronics
4 5 (7.14%) Military
5 4 (5.71%) Banking
6 2 (2.86%) Aerospace
6 2 (2.86%) Manufacturing
6 2 (2.86%) Telecoms
7 1 (1.43%) Humanities
7 1 (1.43%) Public Sector
7 1 (1.43%) Social Science
Job Titles
1 14 (20.00%) Systems Engineer
2 10 (14.29%) Software Engineer
3 9 (12.86%) Developer
3 9 (12.86%) Finance Manager
3 9 (12.86%) Test Engineer
4 8 (11.43%) Ada Engineer
5 7 (10.00%) Analyst
5 7 (10.00%) Integration Engineer
5 7 (10.00%) Software Integration Engineer
5 7 (10.00%) Software Test Engineer
5 7 (10.00%) Test and Integration Engineer
6 6 (8.57%) Business Analyst
6 6 (8.57%) Fixed Income Business Analyst
7 5 (7.14%) Ada Software Engineer
7 5 (7.14%) Analytics Manager
7 5 (7.14%) Head of Analytics
7 5 (7.14%) Head of Finance
8 4 (5.71%) Market Risk Developer
8 4 (5.71%) MATLAB Developer
8 4 (5.71%) SQL Analyst
Libraries, Frameworks & Software Standards
1 4 (5.71%) Anaconda
2 1 (1.43%) .NET
2 1 (1.43%) Ajax
2 1 (1.43%) D3.js
2 1 (1.43%) Dask
2 1 (1.43%) ggplot
2 1 (1.43%) Gherkin
2 1 (1.43%) jQuery
2 1 (1.43%) JSON
2 1 (1.43%) NumPy
2 1 (1.43%) REST
2 1 (1.43%) Shiny
2 1 (1.43%) SOAP
2 1 (1.43%) SVG
2 1 (1.43%) XML
Miscellaneous
1 13 (18.57%) Derivative
1 13 (18.57%) Fixed Income
1 13 (18.57%) Hedge funds
1 13 (18.57%) OTC Derivatives
2 7 (10.00%) Algorithms
3 6 (8.57%) Analytical Skills
4 4 (5.71%) Market Risk
5 3 (4.29%) VHDL
6 2 (2.86%) Field-Programmable Gate Array
7 1 (1.43%) Arduino
7 1 (1.43%) Data Structures
7 1 (1.43%) Embedded Systems
7 1 (1.43%) Mobile App
7 1 (1.43%) Raspberry Pi
7 1 (1.43%) Robotics
7 1 (1.43%) Self-Motivation
7 1 (1.43%) Smart City
7 1 (1.43%) State Machine
7 1 (1.43%) Vector Graphics
7 1 (1.43%) Verilog
Operating Systems
1 2 (2.86%) Android
2 1 (1.43%) Apple iOS
2 1 (1.43%) Linux
2 1 (1.43%) Unix
2 1 (1.43%) Windows
Processes & Methodologies
1 18 (25.71%) Agile Software Development
1 18 (25.71%) UML
2 16 (22.86%) Analytics
3 15 (21.43%) Data Analysis
4 14 (20.00%) Asset Management
4 14 (20.00%) Scrum
5 13 (18.57%) Performance Attribution
5 13 (18.57%) Risk Analysis
5 13 (18.57%) Software Engineering
6 12 (17.14%) Business Analysis
6 12 (17.14%) Fund Management
6 12 (17.14%) Investment Management
6 12 (17.14%) Migration
7 11 (15.71%) SysML
8 10 (14.29%) Systems Engineering
9 8 (11.43%) Signal Processing
10 7 (10.00%) Mathematics
11 5 (7.14%) Problem-Solving
11 5 (7.14%) Project Management
11 5 (7.14%) Quantitative Analysis
Programming Languages
1 28 (40.00%) Python
2 23 (32.86%) C
3 17 (24.29%) SQL
4 15 (21.43%) R
5 13 (18.57%) VBA
6 12 (17.14%) Ada
6 12 (17.14%) C++
7 11 (15.71%) Ada 95
8 6 (8.57%) C#
9 2 (2.86%) Java
9 2 (2.86%) JavaScript
10 1 (1.43%) Apple Swift
10 1 (1.43%) Objective-C
10 1 (1.43%) PHP
10 1 (1.43%) PowerShell
10 1 (1.43%) Scala
10 1 (1.43%) Tcl
Qualifications
1 20 (28.57%) Security Cleared
2 17 (24.29%) SC Cleared
3 10 (14.29%) Degree
4 1 (1.43%) Master's Degree
Quality Assurance & Compliance
1 3 (4.29%) DO-254
2 1 (1.43%) Def Stans
2 1 (1.43%) DO-178B
2 1 (1.43%) MISRA
System Software
1 2 (2.86%) Firmware
2 1 (1.43%) Docker
Systems Management
1 1 (1.43%) Kubernetes
Vendors
1 16 (22.86%) Microsoft
2 13 (18.57%) Bloomberg
3 3 (4.29%) MathWorks
3 3 (4.29%) Xilinx
4 1 (1.43%) IBM
4 1 (1.43%) Tableau