Operations Research Contracts

Operations Research (or Operational Research)
UK

The table below provides summary statistics for contract job vacancies requiring Operations Research skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Operations Research over the 6 months leading up to 16 June 2024, comparing them to the same period in the previous two years.

6 months to
16 Jun 2024
Same period 2023 Same period 2022
Rank 572 665 838
Rank change year-on-year +93 +173 -157
Contract jobs citing Operations Research 12 32 10
As % of all contract jobs advertised in the UK 0.027% 0.058% 0.011%
As % of the Processes & Methodologies category 0.032% 0.064% 0.013%
Number of daily rates quoted 3 22 6
10th Percentile £440 £313 £503
25th Percentile £463 £322 £534
Median daily rate (50th Percentile) £500 £375 £605
Median % change year-on-year +33.33% -38.02% +11.21%
75th Percentile £520 £400 £675
90th Percentile £532 £525 £723
UK excluding London median daily rate - £400 -
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £21.25 - -
Median hourly rate £21.50 - -
75th Percentile £21.75 - -
90th Percentile - - -
UK excluding London median hourly rate - - -

All Process and Methodology Skills
UK

Operations Research falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Operations Research
Job Vacancy Trend

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

Job vacancy trend for Operations Research in the UK

Operations Research
Contractor Daily Rate Trend

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

Daily rate trend for Operations Research in the UK

Operations Research
Contractor Hourly Rate Trend

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

Hourly rate trend for Operations Research in the UK

Operations Research
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 Operations Research within the UK over the 6 months to 16 June 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 +65 10 £500 +33.33% 15
London +81 9 £500 +42.86% 6
Work from Home +107 3 £540 +60.00% 2

Operations Research
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:

Application Platforms
1 6 (50.00%) SAS
2 2 (16.67%) SharePoint
Applications
1 2 (16.67%) Microsoft Excel
1 2 (16.67%) MS Visio
2 1 (8.33%) Stata
Cloud Services
1 7 (58.33%) Azure
2 3 (25.00%) Azure Data Factory
2 3 (25.00%) Azure DevOps
3 2 (16.67%) Power Platform
3 2 (16.67%) PowerApps
Database & Business Intelligence
1 3 (25.00%) Apache Hive
1 3 (25.00%) Hadoop
1 3 (25.00%) Tableau
2 2 (16.67%) Power BI
Development Applications
1 3 (25.00%) Git
General
1 6 (50.00%) Social Skills
2 3 (25.00%) Analytical Skills
2 3 (25.00%) Finance
2 3 (25.00%) Retail
3 2 (16.67%) Banking
3 2 (16.67%) Influencing Skills
Job Titles
1 2 (16.67%) Consultant
1 2 (16.67%) Data Consultant
1 2 (16.67%) Data Scientist
1 2 (16.67%) Developer
1 2 (16.67%) Quantitative Developer
1 2 (16.67%) Senior
1 2 (16.67%) Senior Manager
2 1 (8.33%) Analyst
2 1 (8.33%) Analytics Manager
2 1 (8.33%) Data Analytics Consultant
2 1 (8.33%) Data Manager
2 1 (8.33%) Data Science Manager
2 1 (8.33%) Data Validation Consultant
2 1 (8.33%) Python Developer
2 1 (8.33%) Senior Analytics Manager
2 1 (8.33%) Senior Supply Chain Manager
2 1 (8.33%) SOC Analyst
2 1 (8.33%) Supply Chain Consultant
2 1 (8.33%) Supply Chain Manager
2 1 (8.33%) Validation Consultant
Libraries, Frameworks & Software Standards
1 3 (25.00%) ADO
2 2 (16.67%) Tkinter
Miscellaneous
1 3 (25.00%) Algorithms
1 3 (25.00%) FMCG
2 2 (16.67%) Credit Risk
3 1 (8.33%) Cyber Threat
3 1 (8.33%) Security Operations Centre
Operating Systems
1 1 (8.33%) Windows
Processes & Methodologies
1 10 (83.33%) Statistics
2 9 (75.00%) Data Science
2 9 (75.00%) Mathematics
3 8 (66.67%) Analytics
4 7 (58.33%) Agile
4 7 (58.33%) Economics
5 5 (41.67%) Data Analysis
5 5 (41.67%) Data Analytics
6 4 (33.33%) Actionable Insight
6 4 (33.33%) Artificial Intelligence
6 4 (33.33%) Business Analysis
6 4 (33.33%) Data Modelling
6 4 (33.33%) Decision-Making
6 4 (33.33%) Linear Programming
6 4 (33.33%) Machine Learning
6 4 (33.33%) Quantitative Research
7 3 (25.00%) DevOps
7 3 (25.00%) Exploratory Data Analysis
7 3 (25.00%) Scaled Agile Framework
7 3 (25.00%) Supply Chain Planning
Programming Languages
1 10 (83.33%) Python
1 10 (83.33%) SQL
2 4 (33.33%) R
3 2 (16.67%) C++
4 1 (8.33%) PowerShell
Qualifications
1 10 (83.33%) Degree
2 5 (41.67%) Master's Degree
3 3 (25.00%) Numerate Degree
4 2 (16.67%) MBA
4 2 (16.67%) PhD
5 1 (8.33%) CISM
5 1 (8.33%) CISSP
System Software
1 3 (25.00%) HDFS
Vendors
1 3 (25.00%) Alteryx
2 2 (16.67%) CA
3 1 (8.33%) AlienVault
3 1 (8.33%) ArcSight
3 1 (8.33%) Microsoft
3 1 (8.33%) Splunk