Quantitative Research Contracts

Quantitative Research
UK

The table below provides summary statistics for contract job vacancies requiring Quantitative Research skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Quantitative Research over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 440 497 568
Rank change year-on-year +57 +71 +24
Contract jobs citing Quantitative Research 80 85 150
As % of all contract jobs advertised in the UK 0.27% 0.20% 0.25%
As % of the Processes & Methodologies category 0.30% 0.23% 0.28%
Number of daily rates quoted 63 71 104
10th Percentile £400 £325 £386
25th Percentile £458 £400 £485
Median daily rate (50th Percentile) £575 £513 £594
Median % change year-on-year +12.20% -13.68% +9.95%
75th Percentile £700 £669 £738
90th Percentile £875 £763 £850
UK excluding London median daily rate £405 £475 £561
% change year-on-year -14.74% -15.29% +12.15%
Number of hourly rates quoted 2 0 0
10th Percentile £22.15 - -
25th Percentile £24.63 - -
Median hourly rate £29.00 - -
75th Percentile £33.13 - -
90th Percentile £35.45 - -
UK excluding London median hourly rate £21.00 - -

All Process and Methodology Skills
UK

Quantitative 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 26,594 37,597 53,655
As % of all contract IT jobs advertised in the UK 90.84% 86.31% 89.91%
Number of daily rates quoted 17,149 24,227 37,238
10th Percentile £308 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +4.76%
75th Percentile £630 £638 £650
90th Percentile £743 £750 £750
UK excluding London median daily rate £483 £500 £500
% change year-on-year -3.50% - +5.26%
Number of hourly rates quoted 1,071 2,443 1,746
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.21 £16.00 £16.25
Median hourly rate £29.00 £35.65 £37.30
Median % change year-on-year -18.65% -4.42% +49.20%
75th Percentile £60.38 £59.98 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.34 £36.00
% change year-on-year -26.35% +3.72% +80.00%

Quantitative Research
Job Vacancy Trend

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

Job vacancy trend for Quantitative Research in the UK

Quantitative Research
Contractor Daily Rate Trend

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

Daily rate trend for Quantitative Research in the UK

Quantitative Research
Daily Rate Histogram

Daily rate distribution for jobs citing Quantitative Research over the 6 months to 1 May 2025.

Daily rate histogram for Quantitative Research in the UK

Quantitative Research
Contractor Hourly Rate Trend

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

Hourly rate trend for Quantitative Research in the UK

Quantitative Research
Hourly Rate Histogram

Hourly rate distribution of jobs citing Quantitative Research over the 6 months to 1 May 2025.

Hourly rate histogram for Quantitative Research in the UK

Quantitative Research
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Research within the UK over the 6 months to 1 May 2025. 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 +55 68 £575 +9.52% 244
London +47 62 £588 +6.82% 224
Work from Home +36 40 £575 -6.12% 67
UK excluding London +49 10 £405 -14.74% 79
West Midlands - 3 £405 - 1
Midlands - 3 £405 - 1
Scotland +9 2 £501 +32.32% 3
South West - 2 £300 - 2
Wales - 2 £161 -
Northern Ireland -9 1 £450 -12.20%

Quantitative 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 1 (1.25%) SharePoint
Applications
1 6 (7.50%) Microsoft PowerPoint
2 5 (6.25%) Microsoft Excel
3 4 (5.00%) Adobe XD
3 4 (5.00%) InVision
3 4 (5.00%) Sketch
4 1 (1.25%) EViews
4 1 (1.25%) Photoshop
4 1 (1.25%) UserZoom
Business Applications
1 17 (21.25%) Aladdin
2 2 (2.50%) Bankmaster
Cloud Services
1 9 (11.25%) Figma
2 3 (3.75%) Miro
3 1 (1.25%) AWS
3 1 (1.25%) Canva
Communications & Networking
1 1 (1.25%) Internet
1 1 (1.25%) TCP/IP
Database & Business Intelligence
1 2 (2.50%) KDB
2 1 (1.25%) Electronic Patient Records
2 1 (1.25%) MS Access
2 1 (1.25%) SQL Server
Development Applications
1 5 (6.25%) Axure RP
2 1 (1.25%) Git
General
1 45 (56.25%) Finance
2 37 (46.25%) Front Office
3 26 (32.50%) Social Skills
4 15 (18.75%) Public Sector
5 11 (13.75%) Financial Institution
6 8 (10.00%) Banking
7 7 (8.75%) Analytical Skills
8 4 (5.00%) Investment Banking
9 3 (3.75%) Influencing Skills
9 3 (3.75%) Presentation Skills
10 2 (2.50%) Marketing
10 2 (2.50%) Retail
11 1 (1.25%) Advertising
11 1 (1.25%) Legal
11 1 (1.25%) Local Government
11 1 (1.25%) Pharmaceutical
11 1 (1.25%) Publishing
11 1 (1.25%) Retail Banking
11 1 (1.25%) Social Science
Job Titles
1 29 (36.25%) Business Analyst
2 27 (33.75%) Analyst
3 19 (23.75%) Fixed Income Business Analyst
4 18 (22.50%) User Researcher
5 17 (21.25%) Business Manager
6 10 (12.50%) Front Office Business Analyst
7 9 (11.25%) Electronic Trading Business Analyst
7 9 (11.25%) Investment Banking Business Analyst
8 7 (8.75%) Designer
8 7 (8.75%) Financial Analyst
9 6 (7.50%) Finance Business Analyst
9 6 (7.50%) Finance Manager
10 5 (6.25%) Interaction Designer
10 5 (6.25%) Qualitative Analyst
10 5 (6.25%) Quantitative Analyst
10 5 (6.25%) UX Designer
11 4 (5.00%) Data Analyst
11 4 (5.00%) Senior
12 3 (3.75%) Lead
12 3 (3.75%) User Experience Researcher
Libraries, Frameworks & Software Standards
1 1 (1.25%) NumPy
1 1 (1.25%) Pandas
1 1 (1.25%) Rendezvous
Miscellaneous
1 28 (35.00%) Fixed Income
2 18 (22.50%) Hedge funds
3 17 (21.25%) Derivative
4 2 (2.50%) Foreign Exchange (FX)
4 2 (2.50%) NHS
4 2 (2.50%) Social Media
5 1 (1.25%) Algorithms
5 1 (1.25%) Data Structures
5 1 (1.25%) Distributed Computing
5 1 (1.25%) Distributed Systems
5 1 (1.25%) Equities
5 1 (1.25%) IVR
5 1 (1.25%) Virtual Team
Operating Systems
1 2 (2.50%) Linux
2 1 (1.25%) Unix
Processes & Methodologies
1 36 (45.00%) Qualitative Research
2 33 (41.25%) Agile
3 29 (36.25%) Business Analysis
3 29 (36.25%) User Acceptance Testing
4 24 (30.00%) Analytics
4 24 (30.00%) User Research
5 20 (25.00%) Usability Testing
6 19 (23.75%) User Experience
7 17 (21.25%) Asset Management
7 17 (21.25%) Business Intelligence
7 17 (21.25%) Investment Management
7 17 (21.25%) Performance Attribution
7 17 (21.25%) Portfolio Management
8 16 (20.00%) Problem-Solving
9 13 (16.25%) Actionable Insight
9 13 (16.25%) Economics
9 13 (16.25%) Electronic Trading
9 13 (16.25%) UX Design
10 12 (15.00%) Product Management
10 12 (15.00%) Test Automation
Programming Languages
1 32 (40.00%) Python
2 19 (23.75%) SQL
3 7 (8.75%) Java
4 5 (6.25%) VBA
5 4 (5.00%) C++
6 1 (1.25%) C#
6 1 (1.25%) R
Qualifications
1 19 (23.75%) Degree
2 6 (7.50%) Master's Degree
2 6 (7.50%) SC Cleared
2 6 (7.50%) Security Cleared
3 2 (2.50%) Computer Science Degree
4 1 (1.25%) BPSS Clearance
Quality Assurance & Compliance
1 16 (20.00%) Accessibility
2 7 (8.75%) Actionable Recommendations
3 1 (1.25%) Disclosure Scotland
3 1 (1.25%) QA
Vendors
1 17 (21.25%) BISAM
2 9 (11.25%) ION Trading
3 4 (5.00%) Adobe
4 1 (1.25%) Microsoft
4 1 (1.25%) Qualtrics
4 1 (1.25%) TIBCO