Period
to 21 October 2018

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in Wales. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 21 October 2018 with a comparison to the same period over 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.

Algorithms
UK > Wales
6 months to
21 Oct 2018
Same period 2017 Same period 2016
Rank - 91 87
Contract jobs citing Algorithms 0 1 16
As % of all contract IT jobs advertised in Wales - 0.088% 1.17%
As % of the Miscellaneous category - 0.32% 3.69%
Number of daily rates quoted 0 0 4
Wales median daily rate - - £500
UK median daily rate £525 £510 £475
% change year-on-year +2.94% +7.37% -8.65%
Number of hourly rates quoted 0 0 0
Wales median hourly rate - - -
UK median hourly rate £15.00 £41.50 £37.75
% change year-on-year -63.86% +9.93% -5.63%

Algorithms is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Wales with a requirement for generic IT skills.

All Generic IT Skills
Wales
Contract vacancies with a requirement for generic IT skills 476 311 434
As % of all contract IT jobs advertised in Wales 29.73% 27.26% 31.63%
Number of daily rates quoted 339 222 312
Wales median daily rate £400 £375 £400
Median daily rate % change year-on-year +6.67% -6.25% +14.29%
10th Percentile £227 £146 £175
90th Percentile £582 £513 £550
UK median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% +3.03%
Number of hourly rates quoted 16 18 12
Wales median hourly rate £18.19 £24.82 £20.38
Median hourly rate % change year-on-year -26.73% +21.82% +48.72%
10th Percentile £13.00 £13.05 £13.16
90th Percentile £27.25 £41.13 £60.25
UK median hourly rate £21.18 £20.00 £20.00
% change year-on-year +5.90% - +7.99%

Algorithms
Job Vacancy Trend in Wales

Job postings citing Algorithms as a percentage of all IT jobs advertised in Wales.

Job vacancy trend for Algorithms in Wales

Algorithms
Contractor Daily Rate Trend in Wales

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

Contractor daily rate trend for Algorithms in Wales

Algorithms
Contractor Hourly Rate Trend in Wales

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

Contractor hourly rate trend for Algorithms in Wales