Algorithms Contracts with Work from Home Options

Algorithms
UK > Work from Home

The table below looks at the prevalence of the term Algorithms in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 26 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 224 284 344
Rank change year-on-year +60 +60 -19
Contract jobs citing Algorithms 137 200 305
As % of all contract jobs with a WFH option 0.89% 0.77% 0.69%
As % of the Miscellaneous category 3.12% 2.44% 2.20%
Number of daily rates quoted 72 116 197
10th Percentile £413 £369 £406
25th Percentile £495 £475 £513
Median daily rate (50th Percentile) £653 £600 £615
Median % change year-on-year +8.75% -2.44% +17.14%
75th Percentile £747 £788 £764
90th Percentile £973 £863 £850
UK median daily rate £575 £625 £660
% change year-on-year -8.00% -5.30% +20.00%
Number of hourly rates quoted 36 17 10
10th Percentile £50.25 - £19.50
25th Percentile £52.50 £19.00 £20.18
Median hourly rate £55.00 £22.00 £21.00
Median % change year-on-year +150.00% +4.76% -52.73%
75th Percentile £65.00 £23.00 £55.56
90th Percentile £72.50 £61.18 £57.50
UK median hourly rate £55.00 £23.50 £45.00
% change year-on-year +134.04% -47.78% +5.88%

All Generic Skills
Work from Home

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 with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,393 8,183 13,859
As % of all contract jobs with a WFH option 28.56% 31.45% 31.16%
Number of daily rates quoted 2,960 5,765 9,876
10th Percentile £325 £363 £356
25th Percentile £431 £454 £436
Median daily rate (50th Percentile) £550 £550 £538
Median % change year-on-year - +2.33% +8.59%
75th Percentile £675 £688 £638
90th Percentile £800 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 189 153 228
10th Percentile £15.42 £19.00 £12.21
25th Percentile £25.50 £32.75 £20.56
Median hourly rate £48.50 £57.50 £44.50
Median % change year-on-year -15.65% +29.21% +42.74%
75th Percentile £65.00 £70.00 £57.50
90th Percentile £72.50 £85.00 £66.00
UK median hourly rate £30.00 £22.49 £27.00
% change year-on-year +33.42% -16.72% +2.16%

Algorithms
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Algorithms as a proportion of all IT jobs advertised.

Algorithms trend for jobs with a WFH option

Algorithms
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Algorithms.

Algorithms daily rate for jobs with a WFH option

Algorithms
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Algorithms over the 6 months to 26 April 2024.

Algorithms daily rate histogram for jobs with a WFH option

Algorithms
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Algorithms.

Algorithms hourly rate for jobs with a WFH option

Algorithms
Hourly Rate Histogram for Jobs with a WFH Option

Hourly rate distribution for jobs with a work from home option citing Algorithms over the 6 months to 26 April 2024.

Algorithms hourly rate histogram for jobs with a WFH option

Algorithms
Co-occurring Skills and Capabilities with WFH Options 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:

Application Platforms
1 4 (2.92%) Apache Spark
2 3 (2.19%) Apache
3 2 (1.46%) ArcGIS
3 2 (1.46%) Jupyter
4 1 (0.73%) Apache Airflow
4 1 (0.73%) Ethereum
4 1 (0.73%) Hyperledger
Applications
1 22 (16.06%) Simulink
1 22 (16.06%) Stateflow
2 3 (2.19%) MS Visio
3 1 (0.73%) Chatbot
3 1 (0.73%) Microsoft Office
Business Applications
1 3 (2.19%) Sparx Enterprise Architect
2 1 (0.73%) Orchestrade
2 1 (0.73%) SAP IBP
Cloud Services
1 25 (18.25%) AWS
2 14 (10.22%) GCP
3 13 (9.49%) Azure
4 5 (3.65%) Google Kubernetes Engine
4 5 (3.65%) Power Platform
5 4 (2.92%) Amazon S3
6 2 (1.46%) Amazon EC2
6 2 (1.46%) AWS Lambda
6 2 (1.46%) Azure DevOps
6 2 (1.46%) Cloud Computing
6 2 (1.46%) GitHub
6 2 (1.46%) Salesforce Service Cloud
6 2 (1.46%) Serverless
6 2 (1.46%) Vertex AI
7 1 (0.73%) Azure Data Factory
7 1 (0.73%) Azure Pipelines
7 1 (0.73%) dbt
7 1 (0.73%) GitHub Actions
7 1 (0.73%) IBM Watson
7 1 (0.73%) Snowflake
Communications & Networking
1 5 (3.65%) Wireless
2 3 (2.19%) Internet
2 3 (2.19%) Network Security
3 2 (1.46%) Ethernet
3 2 (1.46%) RTSP
4 1 (0.73%) VoIP
Database & Business Intelligence
1 10 (7.30%) MongoDB
2 8 (5.84%) Big Data
3 7 (5.11%) Relational Database
4 6 (4.38%) Hadoop
5 5 (3.65%) PostgreSQL
6 4 (2.92%) Tableau
7 3 (2.19%) Data Warehouse
7 3 (2.19%) Geospatial Data
7 3 (2.19%) NoSQL
8 2 (1.46%) BigQuery
8 2 (1.46%) GIS
8 2 (1.46%) Power BI
9 1 (0.73%) Amazon RDS
9 1 (0.73%) Amazon Redshift
9 1 (0.73%) Azure SQL Database
9 1 (0.73%) DynamoDB
9 1 (0.73%) Flink
9 1 (0.73%) Spatial Data
9 1 (0.73%) SQL Server Analysis Services
9 1 (0.73%) SQL Server Integration Services
Development Applications
1 17 (12.41%) Git
2 9 (6.57%) Jenkins
3 6 (4.38%) GitLab
3 6 (4.38%) JIRA
4 4 (2.92%) Subversion
5 2 (1.46%) JUnit
5 2 (1.46%) Selenium
6 1 (0.73%) ClearCase
6 1 (0.73%) CMake
6 1 (0.73%) Cypress.io
6 1 (0.73%) Visual Studio
General
1 42 (30.66%) Social Skills
2 30 (21.90%) Analytical Skills
3 25 (18.25%) Automotive
4 19 (13.87%) Legal
5 13 (9.49%) Finance
6 9 (6.57%) Banking
7 5 (3.65%) Aerospace
8 4 (2.92%) Investment Banking
8 4 (2.92%) Telecoms
9 3 (2.19%) Manufacturing
9 3 (2.19%) Public Sector
9 3 (2.19%) Retail
10 2 (1.46%) Financial Institution
10 2 (1.46%) Front Office
10 2 (1.46%) Inclusion and Diversity
10 2 (1.46%) Marketing
10 2 (1.46%) Military
11 1 (0.73%) Documentation Skills
11 1 (0.73%) Pharmaceutical
11 1 (0.73%) Presentation Skills
Job Titles
1 46 (33.58%) Developer
2 30 (21.90%) Software Engineer
3 24 (17.52%) Senior
4 22 (16.06%) Data Scientist
5 11 (8.03%) C++ Developer
6 9 (6.57%) Low Latency C++ Developer
6 9 (6.57%) Senior Developer
7 8 (5.84%) Java Developer
7 8 (5.84%) Python Developer
7 8 (5.84%) Site Engineer
7 8 (5.84%) Site Reliability Engineer
8 7 (5.11%) Embedded Engineer
8 7 (5.11%) Embedded Software Engineer
8 7 (5.11%) Python Engineer
8 7 (5.11%) Senior Data Scientist
9 6 (4.38%) Lead
10 5 (3.65%) Backend Developer
10 5 (3.65%) Data Engineer
10 5 (3.65%) Senior Backend Developer
10 5 (3.65%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 11 (8.03%) Kafka
1 11 (8.03%) React
1 11 (8.03%) scikit-learn
1 11 (8.03%) TensorFlow
2 8 (5.84%) RabbitMQ
2 8 (5.84%) RESTful
3 7 (5.11%) CSS
3 7 (5.11%) Django
3 7 (5.11%) HTML
3 7 (5.11%) PyTorch
4 5 (3.65%) .NET
4 5 (3.65%) Pandas
5 4 (2.92%) Node.js
6 3 (2.19%) AngularJS
6 3 (2.19%) NumPy
6 3 (2.19%) PySpark
6 3 (2.19%) Spring
6 3 (2.19%) XGBoost
7 2 (1.46%) FIX Protocol
7 2 (1.46%) JSON
Miscellaneous
1 29 (21.17%) Data Structures
2 11 (8.03%) Derivative
2 11 (8.03%) Distributed Systems
2 11 (8.03%) Equity Derivative
3 10 (7.30%) Hedge funds
4 5 (3.65%) Fixed Income
5 4 (2.92%) Device Driver
6 3 (2.19%) Blockchain
6 3 (2.19%) Foreign Exchange (FX)
6 3 (2.19%) Management Information System
6 3 (2.19%) PKI
6 3 (2.19%) Self-Motivation
6 3 (2.19%) Social Media
7 2 (1.46%) CUDA
7 2 (1.46%) Data Protection Act
7 2 (1.46%) Greenfield Project
8 1 (0.73%) Analytical Mindset
8 1 (0.73%) FMCG
8 1 (0.73%) Marketing Technology
8 1 (0.73%) Mobile App
Operating Systems
1 18 (13.14%) Linux
2 7 (5.11%) Unix
3 1 (0.73%) Android
3 1 (0.73%) Windows
Processes & Methodologies
1 56 (40.88%) Computer Science
2 43 (31.39%) Machine Learning
3 42 (30.66%) Software Engineering
4 38 (27.74%) Data Science
5 32 (23.36%) Problem-Solving
6 28 (20.44%) Validation
7 25 (18.25%) Analytics
8 24 (17.52%) Test Automation
9 22 (16.06%) CI/CD
10 21 (15.33%) Artificial Intelligence
10 21 (15.33%) Mathematics
11 20 (14.60%) Data Analysis
11 20 (14.60%) Hardware-in-the-Loop
12 19 (13.87%) Agile
12 19 (13.87%) Verification and Validation
13 17 (12.41%) Software Architecture
14 13 (9.49%) DevOps
15 12 (8.76%) Data Modelling
15 12 (8.76%) Low Latency
15 12 (8.76%) Microservices
Programming Languages
1 70 (51.09%) Python
2 36 (26.28%) C++
3 27 (19.71%) MATLAB
4 26 (18.98%) SQL
5 24 (17.52%) Java
6 12 (8.76%) JavaScript
6 12 (8.76%) Shell Script
7 11 (8.03%) C#
8 8 (5.84%) R
9 7 (5.11%) C
9 7 (5.11%) Go
9 7 (5.11%) Scala
10 4 (2.92%) Assembly Language
11 3 (2.19%) Perl
12 2 (1.46%) Embedded C++
12 2 (1.46%) PHP
12 2 (1.46%) TypeScript
13 1 (0.73%) Bicep
13 1 (0.73%) Rust
13 1 (0.73%) Solidity
Qualifications
1 33 (24.09%) Degree
2 13 (9.49%) Computer Science Degree
2 13 (9.49%) Master's Degree
3 9 (6.57%) SC Cleared
3 9 (6.57%) Security Cleared
4 7 (5.11%) PhD
5 4 (2.92%) Numerate Degree
6 3 (2.19%) DV Cleared
7 2 (1.46%) ISTQB
Quality Assurance & Compliance
1 4 (2.92%) JTAG
2 3 (2.19%) NCSC
3 2 (1.46%) MiFID
4 1 (0.73%) Data Quality
4 1 (0.73%) Disclosure Scotland
System Software
1 8 (5.84%) Apache ZooKeeper
1 8 (5.84%) Docker
2 4 (2.92%) Embedded Firmware
2 4 (2.92%) Firmware
Systems Management
1 17 (12.41%) Kubernetes
2 8 (5.84%) Consul
2 8 (5.84%) Grafana
2 8 (5.84%) Prometheus
3 3 (2.19%) Terraform
4 1 (0.73%) Functional Safety
Vendors
1 19 (13.87%) Microsoft
2 8 (5.84%) SaltStack
3 4 (2.92%) NVIDIA
3 4 (2.92%) Oracle
4 3 (2.19%) Google
4 3 (2.19%) MathWorks
4 3 (2.19%) Sparx
5 2 (1.46%) Salesforce
6 1 (0.73%) CA
6 1 (0.73%) Databricks
6 1 (0.73%) IBM
6 1 (0.73%) SAP
6 1 (0.73%) Thales