Period
to 17 October 2021

The table below looks at the prevalence of the term Algorithms in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Algorithms over the 6 months to 17 October 2021 with a comparison to the same period over the previous 2 years.

Algorithms
Central London > City of London
6 months to
17 Oct 2021
Same period 2020 Same period 2019
Rank 142 115 167
Rank change year-on-year -27 +52 -43
Permanent jobs citing Algorithms 113 82 194
As % of all permanent jobs advertised in the City of London 1.92% 2.29% 1.93%
As % of the Miscellaneous category 5.09% 5.92% 5.24%
Number of salaries quoted 103 77 168
10th Percentile £60,150 £50,000 £48,750
25th Percentile £71,250 £65,000 £65,000
Median annual salary (50th Percentile) £85,000 £82,500 £81,000
Median % change year-on-year +3.03% +1.85% +15.71%
75th Percentile £102,500 £105,000 £105,625
90th Percentile " £132,500 £153,000
Central London median annual salary £82,500 £82,500 £82,000
% change year-on-year - +0.61% +17.14%

Algorithms is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Permanent vacancies with a requirement for generic IT skills 2,219 1,384 3,701
As % of all permanent IT jobs advertised in the City of London 37.66% 38.69% 36.86%
Number of salaries quoted 1,968 1,209 3,196
10th Percentile £42,500 £42,500 £37,500
25th Percentile £56,250 £53,750 £51,250
Median annual salary (50th Percentile) £75,000 £70,000 £68,500
Median % change year-on-year +7.14% +2.19% +5.38%
75th Percentile £95,000 £87,500 £85,000
90th Percentile £110,000 £110,000 £105,000
Central London median annual salary £72,500 £70,000 £67,500
% change year-on-year +3.57% +3.70% +3.85%

Algorithms
Job Vacancy Trend in the City of London

Job postings citing Algorithms as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Algorithms in the City of London

Algorithms
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Algorithms in the City of London.

Salary trend for Algorithms in the City of London

Algorithms
Salary Histogram in the City of London

Salary distribution for jobs citing Algorithms in the City of London over the 6 months to 17 October 2021.

Salary histogram for Algorithms in the City of London

For the 6 months to 17 October 2021, IT jobs citing Algorithms also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region with a requirement for Algorithms.

1 62 (54.87%) Java
2 51 (45.13%) Data Structures
3 46 (40.71%) Python
4 44 (38.94%) Finance
5 32 (28.32%) Analytics
6 28 (24.78%) Fintech
7 26 (23.01%) Machine Learning
7 26 (23.01%) Java 8
8 24 (21.24%) SQL
8 24 (21.24%) Data Science
9 23 (20.35%) Agile Software Development
10 18 (15.93%) FIX Protocol
10 18 (15.93%) Apache Spark
10 18 (15.93%) Hedge funds
11 17 (15.04%) AWS
12 16 (14.16%) Computer Science
13 14 (12.39%) Azure
14 13 (11.50%) Mathematics
15 12 (10.62%) C++
15 12 (10.62%) Random Forest
16 11 (9.73%) C#
16 11 (9.73%) Front Office
16 11 (9.73%) Banking
16 11 (9.73%) Software Engineering
16 11 (9.73%) DevOps
16 11 (9.73%) Statistical Modelling
17 10 (8.85%) Analytical Skills
17 10 (8.85%) Linear Regression
17 10 (8.85%) OO
18 9 (7.96%) Artificial Intelligence

Algorithms
Co-occurring IT Skills in the City of London 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 18 (15.93%) Apache Spark
2 6 (5.31%) IBM HTTP Server
3 4 (3.54%) Apache Airflow
4 3 (2.65%) Elasticsearch
4 3 (2.65%) SAS
5 2 (1.77%) Apache
5 2 (1.77%) Jupyter
6 1 (0.88%) Apache Pig
6 1 (0.88%) Tornado
Applications
1 6 (5.31%) Microsoft Excel
2 3 (2.65%) SPSS
3 1 (0.88%) Chatbot
3 1 (0.88%) Weka
Business Applications
1 1 (0.88%) Distributed Ledger
Cloud Services
1 17 (15.04%) AWS
2 14 (12.39%) Azure
3 7 (6.19%) Snowflake
4 4 (3.54%) Azure Cosmos DB
5 2 (1.77%) GCP
6 1 (0.88%) Amazon ECS
6 1 (0.88%) Amazon Kinesis
6 1 (0.88%) Amazon S3
6 1 (0.88%) Amazon SQS
6 1 (0.88%) Azure LUIS
6 1 (0.88%) Azure Storage
6 1 (0.88%) Cloud Computing
6 1 (0.88%) Google Compute Engine
6 1 (0.88%) Power Platform
Database & Business Intelligence
1 9 (7.96%) MongoDB
1 9 (7.96%) Relational Database
2 7 (6.19%) KDB
3 6 (5.31%) Apache Cassandra
3 6 (5.31%) Big Data
4 5 (4.42%) Data Lake
5 4 (3.54%) Tableau
6 3 (2.65%) Amazon QuickSight
6 3 (2.65%) NoSQL
6 3 (2.65%) Presto
7 2 (1.77%) Looker
8 1 (0.88%) Apache Hive
8 1 (0.88%) BigQuery
8 1 (0.88%) Blockchain
8 1 (0.88%) Data Warehouse
8 1 (0.88%) DB2
8 1 (0.88%) HBase
8 1 (0.88%) MemSQL
8 1 (0.88%) MySQL
8 1 (0.88%) Power BI
Development Applications
1 3 (2.65%) Jenkins
2 2 (1.77%) Storybook
3 1 (0.88%) Bitbucket
3 1 (0.88%) Cucumber
3 1 (0.88%) Gradle
3 1 (0.88%) IntelliJ
3 1 (0.88%) JIRA
General
1 44 (38.94%) Finance
2 11 (9.73%) Banking
2 11 (9.73%) Front Office
3 10 (8.85%) Analytical Skills
4 9 (7.96%) Marketing
5 7 (6.19%) Investment Banking
6 6 (5.31%) Social Skills
7 5 (4.42%) Advertising
7 5 (4.42%) Retail
7 5 (4.42%) Telecoms
8 1 (0.88%) Documentation Skills
8 1 (0.88%) Law
Job Titles
1 66 (58.41%) Developer
2 52 (46.02%) Java Developer
3 25 (22.12%) Core Java Developer
3 25 (22.12%) Java Developer - Fintech
4 18 (15.93%) Real Time Developer
5 14 (12.39%) Data Scientist
6 10 (8.85%) C++ Developer
7 8 (7.08%) Data Engineer
8 7 (6.19%) Python Developer
9 6 (5.31%) Investment Banking C++ Developer
9 6 (5.31%) Senior Developer
10 5 (4.42%) Analyst
10 5 (4.42%) Consultant
10 5 (4.42%) Senior Data Scientist
10 5 (4.42%) Team Leader
11 4 (3.54%) Data Analyst
12 3 (2.65%) Data Quality Analyst
12 3 (2.65%) Quality Analyst
12 3 (2.65%) Senior C++ Developer
12 3 (2.65%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 18 (15.93%) FIX Protocol
2 8 (7.08%) .NET
3 7 (6.19%) Spring
4 5 (4.42%) Keras
4 5 (4.42%) TensorFlow
5 4 (3.54%) Kafka
5 4 (3.54%) NumPy
6 3 (2.65%) Pandas
6 3 (2.65%) React
7 2 (1.77%) AngularJS
7 2 (1.77%) Elastic Stack
7 2 (1.77%) Enzyme
7 2 (1.77%) Jest
7 2 (1.77%) JSON
7 2 (1.77%) PyTorch
7 2 (1.77%) RabbitMQ
7 2 (1.77%) React Native
7 2 (1.77%) RESTful
8 1 (0.88%) ggplot
8 1 (0.88%) Lambda Expressions
Miscellaneous
1 51 (45.13%) Data Structures
2 18 (15.93%) Hedge funds
3 9 (7.96%) Derivative
4 4 (3.54%) User Experience
5 3 (2.65%) Credit Risk
6 2 (1.77%) Fixed Income
7 1 (0.88%) Analytical Mindset
7 1 (0.88%) Data Centre
7 1 (0.88%) Enterprise Software
7 1 (0.88%) Equities
7 1 (0.88%) Grid Computing
7 1 (0.88%) Legacy Systems
7 1 (0.88%) Management Information System
7 1 (0.88%) Virtual Team
Operating Systems
1 6 (5.31%) Linux
2 5 (4.42%) Unix
Processes & Methodologies
1 32 (28.32%) Analytics
2 28 (24.78%) Fintech
3 26 (23.01%) Machine Learning
4 24 (21.24%) Data Science
5 23 (20.35%) Agile Software Development
6 16 (14.16%) Computer Science
7 13 (11.50%) Mathematics
8 12 (10.62%) Random Forest
9 11 (9.73%) DevOps
9 11 (9.73%) Software Engineering
9 11 (9.73%) Statistical Modelling
10 10 (8.85%) Linear Regression
10 10 (8.85%) OO
11 9 (7.96%) Artificial Intelligence
11 9 (7.96%) Data Pipeline
11 9 (7.96%) Unit Testing
11 9 (7.96%) Visualisation
12 8 (7.08%) Deep Learning
12 8 (7.08%) Natural Language Processing
12 8 (7.08%) Statistics
Programming Languages
1 62 (54.87%) Java
2 46 (40.71%) Python
3 26 (23.01%) Java 8
4 24 (21.24%) SQL
5 12 (10.62%) C++
6 11 (9.73%) C#
7 9 (7.96%) R
8 7 (6.19%) C
9 3 (2.65%) JavaScript
9 3 (2.65%) Scala
10 2 (1.77%) PHP
10 2 (1.77%) TypeScript
11 1 (0.88%) Go
11 1 (0.88%) Julia
11 1 (0.88%) MATLAB
Qualifications
1 6 (5.31%) Degree
2 4 (3.54%) PhD
3 2 (1.77%) Master's Degree
Quality Assurance & Compliance
1 4 (3.54%) Data Quality
1 4 (3.54%) QA
2 2 (1.77%) Accessibility
2 2 (1.77%) GDPR
2 2 (1.77%) WCAG
3 1 (0.88%) ISO 20022
System Software
1 4 (3.54%) Docker
2 1 (0.88%) Firmware
Systems Management
1 2 (1.77%) Kibana
1 2 (1.77%) logstash
2 1 (0.88%) Kubernetes
2 1 (0.88%) Terraform
Vendors
1 7 (6.19%) Microsoft
2 4 (3.54%) Greenplum
3 2 (1.77%) Google
3 2 (1.77%) IBM
4 1 (0.88%) Oracle
4 1 (0.88%) Sybase