Period
to 18 December 2017

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 18 December 2017 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
18 Dec 2017
Same period 2016 Same period 2015
Rank 89 84 111
Rank change year-on-year -5 +27 -
Contract jobs citing Algorithms 1 18 6
As % of all contract IT jobs advertised in Wales 0.081% 1.30% 0.39%
As % of the Miscellaneous category 0.29% 4.51% 1.59%
Number of daily rates quoted 0 5 1
Wales median daily rate - £500 £120
Median daily rate % change year-on-year - +316.67% -
UK median daily rate £538 £510 £515
% change year-on-year +5.39% -0.97% +8.42%
Number of hourly rates quoted 0 0 1
Wales median hourly rate - - £55.00
UK median hourly rate £42.00 £40.75 £37.50
% change year-on-year +3.07% +8.67% +7.14%

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 348 399 377
As % of all contract IT jobs advertised in Wales 28.02% 28.73% 24.45%
Number of daily rates quoted 231 297 276
Wales median daily rate £351 £388 £343
Median daily rate % change year-on-year -9.42% +13.14% +1.11%
10th Percentile £140 £161 £185
90th Percentile £469 £538 £475
UK median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 21 16 20
Wales median hourly rate £35.00 £20.25 £18.25
Median hourly rate % change year-on-year +72.84% +10.96% +17.74%
10th Percentile £15.00 £17.19 £10.24
90th Percentile £50.67 £40.00 £32.53
UK median hourly rate £21.74 £20.00 £19.50
% change year-on-year +8.70% +2.56% +11.43%

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

Algorithms
Contract Job Locations in Wales

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Wales region over the 6 months to 18 December 2017. 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
South Wales -6 1 - -
Algorithms
UK