Physics Contracts with Work from Home Options

Physics
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 Physics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Physics over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 312 436 582
Rank change year-on-year +124 +146 -124
Contract jobs citing Physics 25 31 43
As % of all contract jobs with a WFH option 0.17% 0.12% 0.096%
As % of the Processes & Methodologies category 0.19% 0.14% 0.11%
Number of daily rates quoted 23 7 9
10th Percentile £313 - £420
25th Percentile £423 £146 £513
Median daily rate (50th Percentile) £775 £148 £575
Median % change year-on-year +425.42% -74.35% +32.95%
75th Percentile £925 £312 £650
90th Percentile £950 £538 £852
UK median daily rate £675 £700 £645
% change year-on-year -3.57% +8.53% +4.03%
Number of hourly rates quoted 0 15 2
10th Percentile - - £20.02
25th Percentile - £19.00 £20.18
Median hourly rate - £35.00 £20.46
Median % change year-on-year - +71.11% -
75th Percentile - £65.00 £20.73
90th Percentile - - £20.89
UK median hourly rate £59.75 £53.75 £20.46
% change year-on-year +11.16% +162.77% -44.34%

All Process and Methodology Skills
Work from Home

Physics 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 13,316 22,957 40,627
As % of all contract jobs with a WFH option 87.90% 89.76% 91.11%
Number of daily rates quoted 8,913 16,228 29,490
10th Percentile £325 £363 £363
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +8.25%
75th Percentile £638 £650 £626
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 575 528 539
10th Percentile £15.17 £18.93 £13.70
25th Percentile £24.63 £30.00 £19.96
Median hourly rate £42.50 £55.00 £35.00
Median % change year-on-year -22.73% +57.14% +40.00%
75th Percentile £60.00 £68.75 £55.13
90th Percentile £75.15 £80.25 £67.56
UK median hourly rate £35.95 £36.00 £25.00
% change year-on-year -0.14% +44.00% +2.04%

Physics
Trend for Jobs with a WFH Option

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

Physics trend for jobs with a WFH option

Physics
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 Physics.

Physics daily rate for jobs with a WFH option

Physics
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Physics over the 6 months to 4 May 2024.

Physics daily rate histogram for jobs with a WFH option

Physics
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 Physics.

Physics hourly rate for jobs with a WFH option

Physics
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 3 (12.00%) SAS
2 1 (4.00%) Apache Spark
2 1 (4.00%) SharePoint
Applications
1 5 (20.00%) Microsoft Excel
2 3 (12.00%) Spreadsheet
3 1 (4.00%) MS Visio
3 1 (4.00%) SPSS
Business Applications
1 2 (8.00%) Orchestrade
Cloud Services
1 2 (8.00%) AWS
1 2 (8.00%) Azure
1 2 (8.00%) GCP
2 1 (4.00%) Azure Batch
2 1 (4.00%) Cloud Computing
Database & Business Intelligence
1 1 (4.00%) Big Data
1 1 (4.00%) Data Warehouse
1 1 (4.00%) Hadoop
1 1 (4.00%) NoSQL
1 1 (4.00%) Qlik Sense
1 1 (4.00%) Tableau
Development Applications
1 4 (16.00%) Git
1 4 (16.00%) Visual Studio
General
1 14 (56.00%) Finance
2 10 (40.00%) Analytical Skills
3 9 (36.00%) Banking
4 6 (24.00%) Investment Banking
5 5 (20.00%) Front Office
6 4 (16.00%) Social Skills
7 3 (12.00%) Automotive
7 3 (12.00%) Manufacturing
8 2 (8.00%) Games
9 1 (4.00%) Advertising
9 1 (4.00%) Influencing Skills
9 1 (4.00%) Legal
9 1 (4.00%) Marketing
9 1 (4.00%) Presentation Skills
9 1 (4.00%) Retail
9 1 (4.00%) Retail Finance
Job Titles
1 10 (40.00%) Analyst
2 8 (32.00%) Qualitative Analyst
2 8 (32.00%) Quantitative Analyst
3 5 (20.00%) Credit Analyst
3 5 (20.00%) Developer
4 4 (16.00%) Quantitative Developer
5 3 (12.00%) Senior
6 2 (8.00%) Data Scientist
7 1 (4.00%) Consultant
7 1 (4.00%) Credit Risk Analyst
7 1 (4.00%) Data Analyst
7 1 (4.00%) Data Consultant
7 1 (4.00%) Marketing Manager
7 1 (4.00%) Product Manager
7 1 (4.00%) Product Marketing Manager
7 1 (4.00%) Research Engineer
7 1 (4.00%) Risk Analyst
7 1 (4.00%) Software Engineer
7 1 (4.00%) SQL Data Analyst
7 1 (4.00%) Validation Consultant
Libraries, Frameworks & Software Standards
1 2 (8.00%) D3.js
2 1 (4.00%) CSS
2 1 (4.00%) HTML
2 1 (4.00%) Kafka
2 1 (4.00%) NumPy
2 1 (4.00%) React
2 1 (4.00%) SciPy
2 1 (4.00%) Shiny
2 1 (4.00%) TensorFlow
2 1 (4.00%) Unity (Game Engine)
Miscellaneous
1 7 (28.00%) Derivative
1 7 (28.00%) Fixed Income
2 6 (24.00%) Credit Derivative
2 6 (24.00%) Hedge funds
3 5 (20.00%) Algorithms
3 5 (20.00%) Foreign Exchange (FX)
4 4 (16.00%) Distributed Computing
4 4 (16.00%) Equities
5 3 (12.00%) Infotainment
6 2 (8.00%) Credit Risk
7 1 (4.00%) Data Structures
7 1 (4.00%) Management Information System
7 1 (4.00%) Mobile App
7 1 (4.00%) Mobile Games
Operating Systems
1 5 (20.00%) Linux
2 4 (16.00%) Unix
2 4 (16.00%) Windows
Processes & Methodologies
1 19 (76.00%) Mathematics
2 12 (48.00%) Quantitative Finance
3 11 (44.00%) Statistics
4 8 (32.00%) Model Validation
5 7 (28.00%) Analytical Modelling
5 7 (28.00%) Computer Science
6 6 (24.00%) Analytics
7 5 (20.00%) Validation
8 4 (16.00%) Data Analytics
8 4 (16.00%) Mathematical Modelling
8 4 (16.00%) Numerical Analysis
8 4 (16.00%) Problem-Solving
8 4 (16.00%) Product Strategy
8 4 (16.00%) Use Case
9 3 (12.00%) Battery Management
9 3 (12.00%) Data Analysis
9 3 (12.00%) Data Science
10 2 (8.00%) Agile
10 2 (8.00%) Artificial Intelligence
10 2 (8.00%) Software Engineering
Programming Languages
1 19 (76.00%) Python
2 12 (48.00%) C++
3 6 (24.00%) R
4 5 (20.00%) C#
4 5 (20.00%) Java
5 4 (16.00%) Perl
5 4 (16.00%) Shell Script
5 4 (16.00%) SQL
5 4 (16.00%) VBA
6 1 (4.00%) Bash
6 1 (4.00%) C
6 1 (4.00%) Fortran
6 1 (4.00%) JavaScript
6 1 (4.00%) PowerShell
Qualifications
1 17 (68.00%) Degree
2 13 (52.00%) Numerate Degree
3 1 (4.00%) Computer Science Degree
3 1 (4.00%) Master's Degree
3 1 (4.00%) MBA
3 1 (4.00%) PhD
System Software
1 1 (4.00%) Docker
Systems Management
1 1 (4.00%) Ansible
1 1 (4.00%) Kubernetes
1 1 (4.00%) Terraform
Vendors
1 1 (4.00%) CA
1 1 (4.00%) Microsoft