The following table provides summary statistics for contract job vacancies with a requirement for PhD qualifications. Included is a benchmarking guide to the contractor rates offered over the 3 months to 24 June 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.

PhD
UK
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 538 583 596
Rank change year-on-year +45 +13  
Contract jobs citing PhD 63 61 50
As % of all contract IT jobs advertised in the UK 0.14% 0.11% 0.089%
As % of the Qualifications category 0.71% 0.52% 0.47%
Number of daily rates quoted 48 51 31
Median daily rate £620 £500 £600
Median daily rate % change year-on-year +24.00% -16.66%  
90% offered a daily rate of more than £518 £413 £423
10% offered a daily rate of more than £775 £725 £725
UK excluding London median daily rate £550 £425 £550
% change year-on-year +29.41% -22.72%  
Number of hourly rates quoted 1 0 1
Median hourly rate £40.00 - £46.50
UK excluding London median hourly rate - - £46.50

PhD is in the academic qualifications and professional certifications category. The following table is for comparison with the above and provides summary statistics for all academic qualifications and professional certifications cited in contract job vacancies.

Academic & Professional Certification
UK
Contract job vacancies requiring academic qualifications or professional certifications 8902 11739 10644
As % of all contract IT job vacancies advertised in the UK 19.24% 21.83% 18.97%
Number of daily rates quoted 5326 7337 6185
Median daily rate £425 £400 £390
Median daily rate % change year-on-year +6.25% +2.56%  
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £575 £575 £550
UK excluding London median daily rate £400 £375 £375
% change year-on-year +6.66% -  
Number of hourly rates quoted 486 445 556
Median hourly rate £32.50 £28.50 £24.12
Median hourly rate % change year-on-year +14.03% +18.15%  
90% offered a hourly rate of more than £13.50 £12.64 £13.00
10% offered a hourly rate of more than £50.00 £49.13 £50.00
UK excluding London median hourly rate £33.00 £30.21 £24.12
% change year-on-year +9.25% +25.22%  

PhD
Job Vacancy Trend

The job posting trend of jobs advertised citing PhD as a proportion of all contract or permanent IT jobs with a match in the Qualifications category.

Job vacancy trend for PhD in the UK

PhD
Contractor Daily Rate Trend

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

Contractor daily rate trend for PhD in the UK

PhD
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing PhD over the 3 months to 24 June 2017.

Contractor daily rate histogram for PhD in the UK

PhD
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing PhD.

Contractor hourly rate trend for PhD in the UK

PhD
Top 19 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PhD within the UK over the 3 months to 24 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +43 54 £623 +24.50% 113
London +17 45 £625 +4.16% 49
Edinburgh - 8 £525 - 1
Scotland - 8 £525 - 8
City of London -2 5 £650 -10.34% 8
East of England - 4 £575 - 28
Essex - 3 - -
Saffron Walden - 3 - -
South East +29 2 £555 +58.57% 17
South West -5 2 - - 5
North West +20 1 £425 -15.00% 5
Berkshire +20 1 £550 +57.14% 3
Wales - 1 - -
Hertfordshire - 1 £575 - 2
Reading - 1 £550 - 1
High Wycombe - 1 £560 -
Welwyn Garden City - 1 £575 -
Manchester - 1 £425 - 3
Buckinghamshire - 1 £560 -

For the 6 months to 24 June 2017, IT contractor jobs citing PhD 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 PhD.

1 87 (51.18%) Python
2 79 (46.47%) Mathematics
3 73 (42.94%) C++
4 64 (37.65%) Computer Science
5 51 (30.00%) Statistics
6 50 (29.41%) Banking
7 48 (28.24%) SQL
8 47 (27.65%) R
9 46 (27.06%) Analytics
10 45 (26.47%) Finance
11 43 (25.29%) Investment Banking
11 43 (25.29%) Machine Learning
11 43 (25.29%) Degree
12 38 (22.35%) Quantitative Research
13 31 (18.24%) Analytical Skills
13 31 (18.24%) Front Office
14 30 (17.65%) Linux
14 30 (17.65%) Big Data
15 29 (17.06%) Agile Software Development
16 27 (15.88%) Java
17 24 (14.12%) Apache Spark
18 23 (13.53%) Release Management
18 23 (13.53%) Foreign Exchange (FX)
19 22 (12.94%) Algorithms
20 20 (11.76%) Scala
20 20 (11.76%) Hadoop
20 20 (11.76%) Physics
20 20 (11.76%) C#
21 19 (11.18%) Windows
21 19 (11.18%) MATLAB

PhD
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 24 (14.12%) Apache Spark
2 13 (7.65%) SAS
3 2 (1.18%) Apache Pig
4 1 (0.59%) Elasticsearch
4 1 (0.59%) OpenStack
4 1 (0.59%) Oracle Coherence
4 1 (0.59%) Oracle Workflow
Applications
1 15 (8.82%) Spreadsheet
2 3 (1.76%) S-PLUS
3 2 (1.18%) Chatbot
3 2 (1.18%) SPSS
4 1 (0.59%) Microsoft Excel
4 1 (0.59%) Weka
Cloud Services
1 3 (1.76%) Amazon AWS
1 3 (1.76%) Google Cloud Platform
1 3 (1.76%) Microsoft Azure
2 1 (0.59%) Amazon EC2
2 1 (0.59%) Amazon S3
2 1 (0.59%) GitHub
Communications & Networking
1 6 (3.53%) TCP/IP
2 1 (0.59%) Internet
Database & Business Intelligence
1 30 (17.65%) Big Data
2 20 (11.76%) Hadoop
3 19 (11.18%) Tick Data
4 15 (8.82%) QlikView
5 12 (7.06%) Spotfire
6 11 (6.47%) Data Mining
6 11 (6.47%) NoSQL
7 6 (3.53%) Apache Cassandra
7 6 (3.53%) MongoDB
7 6 (3.53%) Relational Database
8 5 (2.94%) Apache Hive
9 4 (2.35%) PostgreSQL
9 4 (2.35%) RDBMS
10 3 (1.76%) KDB
11 2 (1.18%) MySQL
11 2 (1.18%) SQL Server
11 2 (1.18%) Text Mining
12 1 (0.59%) Amazon Redshift
12 1 (0.59%) DB2
12 1 (0.59%) GIS
Development Applications
1 7 (4.12%) Git (software)
2 3 (1.76%) JIRA
3 1 (0.59%) Visual Studio
General
1 50 (29.41%) Banking
2 45 (26.47%) Finance
3 43 (25.29%) Investment Banking
4 31 (18.24%) Front Office
5 6 (3.53%) Marketing
5 6 (3.53%) Retail
6 3 (1.76%) Telecoms
7 2 (1.18%) Financial Institution
7 2 (1.18%) Games
8 1 (0.59%) Advertising
8 1 (0.59%) Automotive
8 1 (0.59%) Military
8 1 (0.59%) Pharmaceutical
Job Titles
1 80 (47.06%) Developer
2 61 (35.88%) Quantitative Developer
3 41 (24.12%) Data Scientist
4 26 (15.29%) C++ Developer
5 20 (11.76%) Front Office Developer
6 17 (10.00%) Analyst
6 17 (10.00%) C++ Quantitative Developer
6 17 (10.00%) Python Developer
7 11 (6.47%) Qualitative Analyst
7 11 (6.47%) Quantitative Analyst
8 10 (5.88%) Consultant
9 7 (4.12%) Java Developer
10 6 (3.53%) Investment Banking C++ Developer
10 6 (3.53%) Junior
10 6 (3.53%) Low Latency C++ Developer
11 5 (2.94%) Credit Risk C++ Developer
11 5 (2.94%) Credit Risk Developer
11 5 (2.94%) Machine Learning Consultant
11 5 (2.94%) Machine Learning Scientist
12 4 (2.35%) Risk Analyst
Libraries, Frameworks & Software Standards
1 14 (8.24%) Natural Language Processing
2 5 (2.94%) D3.js
2 5 (2.94%) JNI
3 4 (2.35%) .NET
4 3 (1.76%) Kafka
4 3 (1.76%) PySpark
5 2 (1.18%) .NET Framework
5 2 (1.18%) AngularJS
5 2 (1.18%) NumPy
5 2 (1.18%) REST
5 2 (1.18%) WCF
5 2 (1.18%) WPF
6 1 (0.59%) ASP.NET
6 1 (0.59%) ASP.NET MVC
6 1 (0.59%) JMS
6 1 (0.59%) jQuery
6 1 (0.59%) Rendezvous
6 1 (0.59%) SciPy
6 1 (0.59%) Silverlight
6 1 (0.59%) Web Services
Miscellaneous
1 64 (37.65%) Computer Science
2 31 (18.24%) Analytical Skills
3 23 (13.53%) Foreign Exchange (FX)
4 22 (12.94%) Algorithms
5 13 (7.65%) Market Risk
6 12 (7.06%) Credit Risk
7 8 (4.71%) Hedge funds
8 6 (3.53%) Derivative
9 4 (2.35%) Fintech
9 4 (2.35%) Greenfield Project
9 4 (2.35%) User Experience
10 3 (1.76%) Fixed Income
11 2 (1.18%) Credit Derivative
11 2 (1.18%) Data Structures
11 2 (1.18%) Equities
11 2 (1.18%) Linux Command Line
11 2 (1.18%) Management Information System
11 2 (1.18%) Robotics
12 1 (0.59%) Social Media
12 1 (0.59%) Virtual Team
Operating Systems
1 30 (17.65%) Linux
2 19 (11.18%) Windows
3 2 (1.18%) Unix
Processes & Methodologies
1 79 (46.47%) Mathematics
2 51 (30.00%) Statistics
3 46 (27.06%) Analytics
4 43 (25.29%) Machine Learning
5 38 (22.35%) Quantitative Research
6 29 (17.06%) Agile Software Development
7 23 (13.53%) Release Management
8 20 (11.76%) Physics
9 19 (11.18%) Memory Management
10 16 (9.41%) OO
10 16 (9.41%) OOP
11 15 (8.82%) Visualisation
12 14 (8.24%) Applied Mathematics
13 13 (7.65%) Business Intelligence
13 13 (7.65%) Data Analysis
13 13 (7.65%) Economics
14 12 (7.06%) Artificial Intelligence
15 11 (6.47%) Statistical Analysis
16 10 (5.88%) E-Commerce
16 10 (5.88%) Statistical Modelling
Programming Languages
1 87 (51.18%) Python
2 73 (42.94%) C++
3 48 (28.24%) SQL
4 47 (27.65%) R
5 27 (15.88%) Java
6 20 (11.76%) C#
6 20 (11.76%) Scala
7 19 (11.18%) MATLAB
8 5 (2.94%) C
9 4 (2.35%) Perl
9 4 (2.35%) VBA
10 3 (1.76%) JavaScript
11 2 (1.18%) Shell Script
12 1 (0.59%) Ruby
Qualifications
1 43 (25.29%) Degree
2 6 (3.53%) Master's Degree
3 5 (2.94%) Numerate Degree
4 2 (1.18%) Postgraduate
5 1 (0.59%) Computer Science Degree
5 1 (0.59%) MBA
5 1 (0.59%) SC Cleared
5 1 (0.59%) Security Cleared
Quality Assurance & Compliance
1 2 (1.18%) QA
2 1 (0.59%) GxP
2 1 (0.59%) IAS 39
2 1 (0.59%) IFRS
2 1 (0.59%) IFRS 9
2 1 (0.59%) PMO
System Software
1 2 (1.18%) HDFS
2 1 (0.59%) Docker
2 1 (0.59%) Firmware
2 1 (0.59%) Platform Symphony
Vendors
1 15 (8.82%) Bloomberg
1 15 (8.82%) Reuters
1 15 (8.82%) Tableau
2 4 (2.35%) Google
2 4 (2.35%) Microsoft
3 2 (1.18%) Alteryx
3 2 (1.18%) Oracle
3 2 (1.18%) Splunk
4 1 (0.59%) Mapinfo
4 1 (0.59%) MicroStrategy
4 1 (0.59%) Teradata
4 1 (0.59%) TIBCO
4 1 (0.59%) VMware
Leeds, West Yorkshire
Elevate Direct
Rate: From £30 to £37 per hour
Posted: Yesterday
London
Lawrence Harvey
Rate: £500 - £600 per day
Posted: 3 days ago
Oxford, Oxfordshire
Haybrook IT Resourcing Ltd
Rate: £50,000 per annum + excellent benefits
Posted: 4 days ago