Period
to 16 January 2018

The following table provides summary statistics for contract job vacancies with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Statistical Modelling over the 6 months to 16 January 2018 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.

Statistical Modelling
UK
6 months to
16 Jan 2018
Same period 2017 Same period 2016
Rank 757 763 798
Rank change year-on-year +6 +35 -31
Contract jobs citing Statistical Modelling 118 99 84
As % of all contract IT jobs advertised in the UK 0.12% 0.10% 0.078%
As % of the Processes & Methodologies category 0.14% 0.12% 0.095%
Number of daily rates quoted 70 58 67
UK median daily rate £445 £450 £450
Median daily rate % change year-on-year -1.11% - +12.50%
10th Percentile £275 £248 £293
90th Percentile £676 £591 £618
UK excluding London median daily rate £425 £325 £413
% change year-on-year +30.77% -21.21% +8.55%
Number of hourly rates quoted 4 2 2
UK median hourly rate £33.50 £20.48 £19.49
Median hourly rate % change year-on-year +63.61% +5.08% -78.70%
10th Percentile £30.38 £17.42 £18.26
90th Percentile £43.98 £22.65 £20.71
UK excluding London median hourly rate £33.50 - -

Statistical 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.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 84,708 80,985 88,418
As % of all contract IT jobs advertised in the UK 84.49% 83.85% 82.47%
Number of daily rates quoted 56,780 53,648 57,331
UK median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £285 £263 £263
90th Percentile £638 £613 £600
UK excluding London median daily rate £410 £400 £390
% change year-on-year +2.50% +2.56% +4.00%
Number of hourly rates quoted 1,963 2,249 2,692
UK median hourly rate £23.75 £24.43 £23.43
Median hourly rate % change year-on-year -2.78% +4.29% +17.13%
10th Percentile £11.45 £11.25 £11.25
90th Percentile £50.00 £48.75 £50.00
UK excluding London median hourly rate £24.29 £24.00 £25.00
% change year-on-year +1.21% -4.00% +25.00%

Statistical Modelling
Job Vacancy Trend

Job postings citing Statistical Modelling as a percentage of all IT jobs advertised.

Job vacancy trend for Statistical Modelling in the UK

Statistical Modelling
Contractor Daily Rate Trend

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

Contractor daily rate trend for Statistical Modelling in the UK

Statistical Modelling
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Statistical Modelling over the 6 months to 16 January 2018.

Contractor daily rate histogram for Statistical Modelling in the UK

Statistical Modelling
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Statistical Modelling in the UK

Statistical Modelling
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Statistical Modelling over the 6 months to 16 January 2018.

Contractor hourly rate histogram for Statistical Modelling in the UK

Statistical Modelling
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 Statistical Modelling within the UK over the 6 months to 16 January 2018. 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 -2 100 £450 - 48
London -21 74 £450 -10.00% 27
UK excluding London +5 42 £425 +30.77% 23
Scotland -3 15 £400 +23.08%
South East -16 15 £525 +162.50% 5
East of England - 6 £336 - 7
Midlands -1 3 - -
West Midlands - 3 - -
South West - 2 - - 3
Wales -1 1 - - 2

For the 6 months to 16 January 2018, IT contractor jobs citing Statistical Modelling 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 Statistical Modelling.

1 70 (59.32%) Python
2 63 (53.39%) Analytics
3 56 (47.46%) Analytical Skills
4 49 (41.53%) Finance
5 46 (38.98%) SQL
6 45 (38.14%) Big Data
7 42 (35.59%) R
8 41 (34.75%) Visualisation
8 41 (34.75%) Machine Learning
9 35 (29.66%) Mathematics
10 30 (25.42%) Algorithms
11 29 (24.58%) Data Analysis
12 28 (23.73%) Java
12 28 (23.73%) Apache Spark
13 25 (21.19%) Agile Software Development
13 25 (21.19%) Statistics
14 24 (20.34%) Degree
14 24 (20.34%) Hadoop
14 24 (20.34%) Data Mining
15 23 (19.49%) Microsoft Excel
15 23 (19.49%) Software Engineering
15 23 (19.49%) Pandas
16 21 (17.80%) NoSQL
16 21 (17.80%) Tableau
17 20 (16.95%) Linux
18 19 (16.10%) VBA
18 19 (16.10%) Data Modelling
18 19 (16.10%) Data Visualisation
19 18 (15.25%) Kafka
19 18 (15.25%) Unix

Statistical Modelling
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 28 (23.73%) Apache Spark
2 9 (7.63%) Apache Pig
3 8 (6.78%) Apache Solr
3 8 (6.78%) SAS
4 6 (5.08%) Jupyter
5 4 (3.39%) Apache
6 3 (2.54%) Apache Airflow
7 1 (0.85%) Elasticsearch
Applications
1 23 (19.49%) Microsoft Excel
2 6 (5.08%) Microsoft Office
2 6 (5.08%) Microsoft PowerPoint
3 1 (0.85%) GNU Octave
3 1 (0.85%) S-PLUS
3 1 (0.85%) Spreadsheet
Business Applications
1 3 (2.54%) WebTrends
2 2 (1.69%) Cognos Business Intelligence
2 2 (1.69%) Cognos TM1
3 1 (0.85%) Hyperion Planning
Cloud Services
1 7 (5.93%) Amazon AWS
1 7 (5.93%) Amazon EC2
1 7 (5.93%) Microsoft Azure
2 6 (5.08%) Google Analytics
3 4 (3.39%) Google Cloud Platform
4 3 (2.54%) GitHub
5 2 (1.69%) Adobe Analytics
6 1 (0.85%) Google Tag Manager
Communications & Networking
1 9 (7.63%) DNS
1 9 (7.63%) Firewall
2 1 (0.85%) Broadband
Database & Business Intelligence
1 45 (38.14%) Big Data
2 24 (20.34%) Data Mining
2 24 (20.34%) Hadoop
3 21 (17.80%) NoSQL
4 15 (12.71%) Data Warehouse
5 13 (11.02%) Relational Database
6 12 (10.17%) Apache Hive
6 12 (10.17%) MongoDB
7 9 (7.63%) Apache Cassandra
7 9 (7.63%) Impala
7 9 (7.63%) Parquet
8 8 (6.78%) MarkLogic
8 8 (6.78%) Riak
9 6 (5.08%) Blockchain
9 6 (5.08%) BusinessObjects
10 5 (4.24%) SQL Server Reporting Services
11 4 (3.39%) BigQuery
11 4 (3.39%) Power BI
12 3 (2.54%) MS Access
12 3 (2.54%) PostgreSQL
Development Applications
1 14 (11.86%) Git (software)
2 9 (7.63%) JIRA
3 3 (2.54%) SQL Server Management Studio (SSMS)
4 2 (1.69%) Team Foundation Server
4 2 (1.69%) Visual Studio
General
1 49 (41.53%) Finance
2 14 (11.86%) Banking
3 11 (9.32%) Games
4 9 (7.63%) Marketing
5 5 (4.24%) Automotive
6 4 (3.39%) Investment Banking
7 3 (2.54%) Front Office
7 3 (2.54%) Manufacturing
7 3 (2.54%) Telecoms
8 2 (1.69%) Electronics
8 2 (1.69%) Financial Institution
9 1 (0.85%) Advertising
9 1 (0.85%) Local Government
9 1 (0.85%) Publishing
9 1 (0.85%) Retail Banking
Job Titles
1 35 (29.66%) Analyst
2 34 (28.81%) Data Scientist
3 27 (22.88%) Developer
4 11 (9.32%) Data Analyst
5 9 (7.63%) Business Analyst
5 9 (7.63%) Java Engineer
5 9 (7.63%) Security Engineer
5 9 (7.63%) Splunk Engineer
6 8 (6.78%) Business Intelligence Analyst
6 8 (6.78%) Insight Analyst
7 7 (5.93%) Big Data Developer
7 7 (5.93%) Excel Developer
7 7 (5.93%) Excel VBA Developer
7 7 (5.93%) Junior
7 7 (5.93%) Junior Developer
7 7 (5.93%) Junior Excel VBA Developer
7 7 (5.93%) Junior VBA Developer
7 7 (5.93%) Report Developer
7 7 (5.93%) VBA Developer
8 6 (5.08%) Data Business Analyst
Libraries, Frameworks & Software Standards
1 23 (19.49%) Pandas
2 18 (15.25%) Kafka
3 9 (7.63%) Grok
3 9 (7.63%) Natural Language Processing
3 9 (7.63%) NumPy
3 9 (7.63%) Regular Expression
4 8 (6.78%) D3.js
4 8 (6.78%) Hibernate
4 8 (6.78%) JMS
4 8 (6.78%) Lucene
4 8 (6.78%) Spring
5 6 (5.08%) Matplotlib
5 6 (5.08%) Play Framework
5 6 (5.08%) scikit-learn
6 4 (3.39%) Unity (Game Engine)
6 4 (3.39%) Unreal Engine
7 3 (2.54%) RESTful
8 2 (1.69%) .NET Framework
8 2 (1.69%) Entity Framework
8 2 (1.69%) Managed Extensibility Framework
Miscellaneous
1 56 (47.46%) Analytical Skills
2 30 (25.42%) Algorithms
3 12 (10.17%) Computer Science
4 9 (7.63%) Market Risk
4 9 (7.63%) User Experience
5 8 (6.78%) Management Information System
6 7 (5.93%) Replication
7 6 (5.08%) Fintech
8 3 (2.54%) Credit Risk
9 2 (1.69%) Fixed Income
9 2 (1.69%) Foreign Exchange (FX)
10 1 (0.85%) Analytical Mindset
10 1 (0.85%) Derivative
10 1 (0.85%) Equity Derivative
10 1 (0.85%) Exotic Derivative
10 1 (0.85%) Smart Home
10 1 (0.85%) Smart Meter
10 1 (0.85%) Swaptions
Operating Systems
1 20 (16.95%) Linux
2 18 (15.25%) Unix
3 7 (5.93%) CentOS
3 7 (5.93%) Red Hat Enterprise Linux
4 3 (2.54%) Windows
Processes & Methodologies
1 63 (53.39%) Analytics
2 41 (34.75%) Machine Learning
2 41 (34.75%) Visualisation
3 35 (29.66%) Mathematics
4 29 (24.58%) Data Analysis
5 25 (21.19%) Agile Software Development
5 25 (21.19%) Statistics
6 23 (19.49%) Software Engineering
7 19 (16.10%) Data Modelling
7 19 (16.10%) Data Visualisation
8 17 (14.41%) DevOps
9 15 (12.71%) Continuous Integration
9 15 (12.71%) Open Source
10 14 (11.86%) Business Intelligence
10 14 (11.86%) ETL
11 12 (10.17%) Stakeholder Management
12 11 (9.32%) E-Commerce
12 11 (9.32%) SDLC
13 10 (8.47%) Anomaly Detection
13 10 (8.47%) PRINCE2
Programming Languages
1 70 (59.32%) Python
2 46 (38.98%) SQL
3 42 (35.59%) R
4 28 (23.73%) Java
5 19 (16.10%) VBA
6 17 (14.41%) Bash Shell
6 17 (14.41%) Perl
7 13 (11.02%) C#
8 12 (10.17%) JavaScript
9 11 (9.32%) Scala
10 9 (7.63%) C++
11 4 (3.39%) MATLAB
12 3 (2.54%) Go
12 3 (2.54%) PL/SQL
13 2 (1.69%) T-SQL
13 2 (1.69%) XAML
14 1 (0.85%) C
Qualifications
1 24 (20.34%) Degree
2 16 (13.56%) PhD
3 13 (11.02%) Security Cleared
4 9 (7.63%) CEH
4 9 (7.63%) CISSP
4 9 (7.63%) SANS
4 9 (7.63%) SC Cleared
5 3 (2.54%) Master's Degree
5 3 (2.54%) Numerate Degree
6 1 (0.85%) BPSS Clearance
6 1 (0.85%) Computer Science Degree
6 1 (0.85%) CTC Cleared
6 1 (0.85%) DV Cleared
Quality Assurance & Compliance
1 13 (11.02%) Data Quality
2 9 (7.63%) QA
3 8 (6.78%) PMO
4 2 (1.69%) IFRS
4 2 (1.69%) IFRS 9
5 1 (0.85%) Disclosure Scotland
System Software
1 3 (2.54%) Docker
1 3 (2.54%) VMware Infrastructure
Systems Management
1 11 (9.32%) Ansible
2 8 (6.78%) Hadoop YARN
2 8 (6.78%) Opscode Chef
2 8 (6.78%) Puppet
3 1 (0.85%) Computer Emergency Response Teams
Vendors
1 21 (17.80%) Tableau
2 9 (7.63%) Google
2 9 (7.63%) Splunk
3 7 (5.93%) SAP
4 4 (3.39%) Microsoft
5 3 (2.54%) Oracle
5 3 (2.54%) Pega
5 3 (2.54%) VMware
6 2 (1.69%) Adobe
6 2 (1.69%) Alteryx
6 2 (1.69%) Cognos
6 2 (1.69%) Tealeaf
7 1 (0.85%) BMC
7 1 (0.85%) Ensighten
7 1 (0.85%) Hyperion
7 1 (0.85%) ServiceNow