Period
to

The median contractor rate for an Algorithm Engineer was £800 per day in advertised job vacancies in Work from Home during the 6 months to 28 June 2022.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Algorithm Engineer
UK > Work from Home
6 months to
28 Jun 2022
Same period 2021 Same period 2020
Rank 600 - -
Rank change year-on-year - - -
Contract jobs requiring an Algorithm Engineer 1 0 0
As % of all contract jobs with a WFH option 0.002% - -
As % of the Job Titles category 0.002% - -
Number of daily rates quoted 1 0 0
10th Percentile - - -
25th Percentile £775 - -
Median daily rate (50th Percentile) £800 - -
75th Percentile £825 - -
90th Percentile - - -
UK median daily rate £800 £800 -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies with a WFH option. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
Work from Home
Contract vacancies in Work from Home with a recognized job title 41,176 28,083 4,210
% of contract IT jobs with a recognized job title 93.65% 93.24% 93.43%
Number of daily rates quoted 29,911 19,796 2,761
10th Percentile £360 £313 £281
25th Percentile £438 £400 £363
Median daily rate (50th Percentile) £525 £495 £450
Median % change year-on-year +6.06% +10.00% -2.91%
75th Percentile £638 £575 £568
90th Percentile £738 £650 £650
UK median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 552 596 91
10th Percentile £14.66 £12.25 £12.63
25th Percentile £20.50 £14.88 £15.88
Median hourly rate £40.00 £23.11 £25.00
Median % change year-on-year +73.12% -7.58% +11.93%
75th Percentile £60.00 £46.00 £48.13
90th Percentile £72.50 £60.00 £60.00
UK median hourly rate £25.00 £21.05 £20.00
% change year-on-year +18.76% +5.25% +6.95%

Algorithm Engineer Skill Set
Top 30 Co-occurring IT Skills in Jobs with a WFH Option

For the 6 months to 28 June 2022, Algorithm Engineer contract jobs required the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract jobs with a WFH option featuring Algorithm Engineer in the job title.

1 1 (100.00%) C#
1 1 (100.00%) C++
1 1 (100.00%) JavaScript
1 1 (100.00%) PL/SQL
1 1 (100.00%) SQL
1 1 (100.00%) T-SQL
1 1 (100.00%) .NET
1 1 (100.00%) Oracle
1 1 (100.00%) Windows
1 1 (100.00%) Python
1 1 (100.00%) BizTalk Server
1 1 (100.00%) Front Office
1 1 (100.00%) Software Engineering
1 1 (100.00%) Algorithmic Trading
1 1 (100.00%) Multithreading
1 1 (100.00%) Azure
1 1 (100.00%) AWS
1 1 (100.00%) MongoDB
1 1 (100.00%) Azure SQL Database
1 1 (100.00%) Go
1 1 (100.00%) Algorithms
1 1 (100.00%) MuleSoft
1 1 (100.00%) Front End Development
1 1 (100.00%) AWS Lambda
1 1 (100.00%) Cloud Native
1 1 (100.00%) .NET Core
1 1 (100.00%) Serverless
1 1 (100.00%) Data Development
1 1 (100.00%) Azure Functions
1 1 (100.00%) Azure Logic Apps

Algorithm Engineer Skill Set
Co-occurring IT Skills with a WFH Option 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 1 (100.00%) BizTalk Server
Cloud Services
1 1 (100.00%) AWS
1 1 (100.00%) AWS Lambda
1 1 (100.00%) Azure
1 1 (100.00%) Azure Cosmos DB
1 1 (100.00%) Azure Functions
1 1 (100.00%) Azure Logic Apps
1 1 (100.00%) Azure Storage
1 1 (100.00%) Serverless
Database & Business Intelligence
1 1 (100.00%) Azure SQL Database
1 1 (100.00%) MongoDB
General
1 1 (100.00%) Front Office
Libraries, Frameworks & Software Standards
1 1 (100.00%) .NET
1 1 (100.00%) .NET Core
1 1 (100.00%) Blazor
Miscellaneous
1 1 (100.00%) Algorithms
1 1 (100.00%) Cloud Native
1 1 (100.00%) Legacy Systems
Operating Systems
1 1 (100.00%) Windows
Processes & Methodologies
1 1 (100.00%) Algorithmic Trading
1 1 (100.00%) CI/CD
1 1 (100.00%) Data Development
1 1 (100.00%) Front End Development
1 1 (100.00%) Full Stack Development
1 1 (100.00%) Multithreading
1 1 (100.00%) Software Engineering
Programming Languages
1 1 (100.00%) C#
1 1 (100.00%) C++
1 1 (100.00%) Go
1 1 (100.00%) JavaScript
1 1 (100.00%) PL/SQL
1 1 (100.00%) Python
1 1 (100.00%) SQL
1 1 (100.00%) T-SQL
Vendors
1 1 (100.00%) MuleSoft
1 1 (100.00%) Oracle