Propensity Modelling Contracts

Propensity Modelling
UK

The following table provides summary statistics for contract job vacancies with a requirement for Propensity Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Propensity Modelling over the 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 575 721 -
Rank change year-on-year +146 - -
Contract jobs citing Propensity Modelling 11 1 0
As % of all contract jobs advertised in the UK 0.025% 0.002% -
As % of the Processes & Methodologies category 0.029% 0.002% -
Number of daily rates quoted 7 1 0
10th Percentile £363 - -
25th Percentile £394 - -
Median daily rate (50th Percentile) £550 £420 -
Median % change year-on-year +30.95% - -
75th Percentile £575 - -
90th Percentile £597 - -
UK excluding London median daily rate £375 - -

All Process and Methodology Skills
UK

Propensity Modelling 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 37,653 53,977 80,244
As % of all contract IT jobs advertised in the UK 86.28% 89.91% 90.57%
Number of daily rates quoted 24,313 37,392 56,301
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% +9.83%
Number of hourly rates quoted 2,429 1,779 1,937
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.54 £15.25
Median hourly rate £35.00 £37.50 £25.00
Median % change year-on-year -6.67% +50.00% -
75th Percentile £59.44 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK excluding London median hourly rate £35.98 £35.90 £20.00
% change year-on-year +0.21% +79.50% -8.09%

Propensity Modelling
Job Vacancy Trend

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

Job vacancy trend for Propensity Modelling in the UK

Propensity Modelling
Contractor Daily Rate Trend

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

Daily rate trend for Propensity Modelling in the UK

Propensity Modelling
Daily Rate Histogram

Daily rate distribution for jobs citing Propensity Modelling over the 6 months to 25 April 2024.

Daily rate histogram for Propensity Modelling in the UK

Propensity Modelling
Contractor Hourly Rate Trend

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

Hourly rate trend for Propensity Modelling in the UK

Propensity Modelling
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Propensity Modelling within the UK over the 6 months to 25 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 +130 11 £550 +30.95% 18
London +113 8 £550 +30.95% 4
Work from Home - 4 £413 - 2
UK excluding London - 3 £375 - 14
East Midlands - 2 £375 -
Midlands - 2 £375 - 4
East of England - 1 £450 - 1

Propensity Modelling
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 3 (27.27%) Adobe Experience Manager
Cloud Services
1 3 (27.27%) Azure
1 3 (27.27%) Power Platform
2 2 (18.18%) Azure Machine Learning
3 1 (9.09%) AWS
3 1 (9.09%) IaaS
3 1 (9.09%) PaaS
3 1 (9.09%) SaaS
Database & Business Intelligence
1 3 (27.27%) Power BI
2 1 (9.09%) Data Warehouse
2 1 (9.09%) Looker
2 1 (9.09%) Tableau
Development Applications
1 2 (18.18%) Git
General
1 6 (54.55%) Retail
2 5 (45.45%) Marketing
3 4 (36.36%) Social Skills
4 2 (18.18%) Analytical Skills
4 2 (18.18%) Banking
4 2 (18.18%) Corporate Banking
4 2 (18.18%) Finance
4 2 (18.18%) Investment Banking
4 2 (18.18%) Retail Banking
5 1 (9.09%) Telecoms
Job Titles
1 5 (45.45%) Data Scientist
2 3 (27.27%) Product Manager
2 3 (27.27%) Product Owner
3 2 (18.18%) Analyst
3 2 (18.18%) Data Analyst
3 2 (18.18%) Marketing Analyst
3 2 (18.18%) Marketing Data Analyst
3 2 (18.18%) Senior
3 2 (18.18%) Senior Data Scientist
4 1 (9.09%) Architect
4 1 (9.09%) AWS Architect
4 1 (9.09%) AWS Solution Architect
4 1 (9.09%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (9.09%) Middleware
1 1 (9.09%) PySpark
1 1 (9.09%) scikit-learn
Miscellaneous
1 3 (27.27%) Product Ownership
2 2 (18.18%) Algorithms
3 1 (9.09%) Cloud Native
3 1 (9.09%) Greenfield Project
Processes & Methodologies
1 7 (63.64%) Data Science
2 6 (54.55%) Machine Learning
3 5 (45.45%) Artificial Intelligence
3 5 (45.45%) Customer Experience
4 4 (36.36%) Analytics
5 3 (27.27%) Business Intelligence
5 3 (27.27%) Stakeholder Management
5 3 (27.27%) Statistics
6 2 (18.18%) A/B Testing
6 2 (18.18%) Actionable Insight
6 2 (18.18%) Agile
6 2 (18.18%) Computer Science
6 2 (18.18%) E-Commerce
6 2 (18.18%) Feature Engineering
6 2 (18.18%) Logistic Regression
6 2 (18.18%) Model Validation
6 2 (18.18%) Personalization
6 2 (18.18%) Validation
6 2 (18.18%) Wealth Management
6 2 (18.18%) Web Design
Programming Languages
1 6 (54.55%) Python
2 4 (36.36%) SQL
Qualifications
1 2 (18.18%) Degree
1 2 (18.18%) Master's Degree
1 2 (18.18%) PhD
Vendors
1 5 (45.45%) Databricks
2 3 (27.27%) Adobe