Operations Research Contracts with Work from Home Options

Operations Research (or Operational Research)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for Operations Research skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Operations Research over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 340 454 600
Rank change year-on-year +114 +146 -142
Contract jobs citing Operations Research 1 14 15
As % of all contract jobs with a WFH option 0.007% 0.056% 0.034%
As % of the Processes & Methodologies category 0.008% 0.062% 0.038%
Number of daily rates quoted 1 9 6
10th Percentile - £303 £516
25th Percentile - £313 £566
Median daily rate (50th Percentile) £540 £325 £625
Median % change year-on-year +66.15% -48.00% +25.00%
75th Percentile - £400 £666
90th Percentile - £402 £675
UK median daily rate £520 £400 £625
% change year-on-year +30.00% -36.00% +14.89%

All Process and Methodology Skills
Work from Home

Operations Research is in the Processes and Methodologies 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 process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,268 22,513 39,948
As % of all contract jobs with a WFH option 88.01% 89.73% 91.07%
Number of daily rates quoted 8,896 15,904 28,997
10th Percentile £325 £363 £362
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £630
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.72%
Number of hourly rates quoted 573 519 530
10th Percentile £15.03 £18.63 £13.73
25th Percentile £25.50 £30.00 £20.06
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +41.16%
75th Percentile £60.00 £68.75 £55.63
90th Percentile £75.20 £80.25 £67.50
UK median hourly rate £36.50 £36.00 £25.18
% change year-on-year +1.39% +42.97% +2.78%

Operations Research
Trend for Jobs with a WFH Option

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

Operations Research trend for jobs with a WFH option

Operations Research
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 Operations Research.

Operations Research daily rate for jobs with a WFH option

Operations Research
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 Operations Research.

Operations Research hourly rate for jobs with a WFH option

Operations Research
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 1 (100.00%) SAS
1 1 (100.00%) SharePoint
Applications
1 1 (100.00%) Microsoft Excel
1 1 (100.00%) MS Visio
General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Influencing Skills
1 1 (100.00%) Social Skills
Job Titles
1 1 (100.00%) Consultant
1 1 (100.00%) Data Consultant
1 1 (100.00%) Data Validation Consultant
1 1 (100.00%) Validation Consultant
Miscellaneous
1 1 (100.00%) Credit Risk
Processes & Methodologies
1 1 (100.00%) Credit Risk Modelling
1 1 (100.00%) Data Analysis
1 1 (100.00%) Data Validation
1 1 (100.00%) Economics
1 1 (100.00%) Mathematics
1 1 (100.00%) Model Validation
1 1 (100.00%) Physics
1 1 (100.00%) Risk Management
1 1 (100.00%) Statistics
1 1 (100.00%) Validation
Programming Languages
1 1 (100.00%) C++
1 1 (100.00%) Python
1 1 (100.00%) SQL
Qualifications
1 1 (100.00%) Degree
1 1 (100.00%) Master's Degree
1 1 (100.00%) MBA
1 1 (100.00%) PhD
Vendors
1 1 (100.00%) CA