The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in West London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 14 May 2024 with a comparison to the same period over the previous 2 years.
6 months to 14 May 2024
Same period 2023
Same period 2022
Rank
42
60
58
Rank change year-on-year
+18
-2
-16
Contract jobs citing Algorithms
2
5
5
As % of all contract jobs advertised in West London
Algorithms is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in West London with a requirement for generic IT skills.
Contract vacancies with a requirement for generic IT skills
130
245
214
As % of all contract IT jobs advertised in West London
35.81%
42.53%
35.67%
Number of daily rates quoted
89
182
148
10th Percentile
£215
£315
£209
25th Percentile
£270
£425
£390
Median daily rate (50th Percentile)
£450
£550
£500
Median % change year-on-year
-18.18%
+10.00%
-2.44%
75th Percentile
£569
£625
£601
90th Percentile
£629
£700
£692
London median daily rate
£588
£600
£600
% change year-on-year
-2.08%
-
+9.09%
Number of hourly rates quoted
13
21
16
10th Percentile
-
£30.00
£15.38
25th Percentile
£16.25
£55.00
£15.94
Median hourly rate
£23.80
£65.00
£35.41
Median % change year-on-year
-63.38%
+83.59%
-25.46%
75th Percentile
£30.16
£75.00
£41.82
90th Percentile
£52.30
£90.00
£44.57
London median hourly rate
£26.00
£35.00
£43.78
% change year-on-year
-25.71%
-20.05%
+28.03%
Algorithms Job Vacancy Trend in West London
Job postings citing Algorithms as a proportion of all IT jobs advertised in West London.
Algorithms Contractor Daily Rate Trend in West London
3-month moving average daily rate quoted in jobs citing Algorithms in West London.
Algorithms Contractor Hourly Rate Trend in West London
3-month moving average hourly rates quoted in jobs citing Algorithms in West London.
Algorithms Top 18 Co-occurring Skills and Capabilities in West London
For the 6 months to 14 May 2024, contractor job vacancies citing Algorithms also mentioned the following skills and capabilities in order of popularity.
The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the West London region with a requirement for Algorithms.
Algorithms Co-occurring Skills and Capabilities in West London 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: