Algorithms Contracts in London

Algorithms
England > London

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 17 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
17 May 2024
Same period 2023 Same period 2022
Rank 197 217 234
Rank change year-on-year +20 +17 -22
Contract jobs citing Algorithms 215 297 486
As % of all contract jobs advertised in London 1.23% 1.15% 1.26%
As % of the Miscellaneous category 3.69% 3.20% 3.45%
Number of daily rates quoted 158 200 328
10th Percentile £427 £424 £500
25th Percentile £513 £536 £600
Median daily rate (50th Percentile) £650 £700 £725
Median % change year-on-year -7.14% -3.45% +20.83%
75th Percentile £825 £863 £818
90th Percentile £950 £1,000 £925
England median daily rate £598 £600 £700
% change year-on-year -0.42% -14.29% +24.44%
Number of hourly rates quoted 15 6 10
10th Percentile £41.75 £24.38 £18.50
25th Percentile £46.50 £38.44 £22.00
Median hourly rate £55.00 £75.00 £41.25
Median % change year-on-year -26.67% +81.82% +31.58%
75th Percentile £63.52 - £52.66
90th Percentile £69.50 £82.50 £62.05
England median hourly rate £55.00 £25.00 £45.50
% change year-on-year +120.00% -45.05% +7.06%

All Generic Skills
London

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 advertised in London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 5,826 9,269 14,071
As % of all contract IT jobs advertised in London 33.34% 35.88% 36.49%
Number of daily rates quoted 4,122 6,675 10,261
10th Percentile £313 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £585 £600 £600
Median % change year-on-year -2.50% - +9.09%
75th Percentile £725 £743 £713
90th Percentile £850 £838 £800
England median daily rate £550 £572 £550
% change year-on-year -3.89% +4.05% +10.00%
Number of hourly rates quoted 148 116 201
10th Percentile £15.48 £18.93 £18.50
25th Percentile £18.41 £21.57 £23.91
Median hourly rate £26.00 £35.00 £43.74
Median % change year-on-year -25.71% -19.98% +30.57%
75th Percentile £49.13 £64.31 £51.75
90th Percentile £69.50 £84.38 £68.75
England median hourly rate £34.21 £22.49 £26.98
% change year-on-year +52.15% -16.66% +3.77%

Algorithms
Job Vacancy Trend in London

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

Job vacancy trend for Algorithms in London

Algorithms
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Algorithms in London.

Daily rate trend for Algorithms in London

Algorithms
Daily Rate Histogram in London

Daily rate distribution for jobs citing Algorithms in London over the 6 months to 17 May 2024.

Daily rate histogram for Algorithms in London

Algorithms
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Algorithms in London.

Hourly rate trend for Algorithms in London

Algorithms
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Algorithms in London over the 6 months to 17 May 2024.

Hourly rate histogram for Algorithms in London

Algorithms
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the London region over the 6 months to 17 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London +52 26 £690 +38.00% 14
South London +4 3 £800 +28.00% 1
East London -2 3 £850 +70.00% 5
West London +19 2 £525 - 4
Algorithms
England

Algorithms
Co-occurring Skills and Capabilities in London 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 11 (5.12%) Apache Spark
2 8 (3.72%) SAS
3 6 (2.79%) Apache
4 4 (1.86%) OpenStack
5 3 (1.40%) Apache Airflow
5 3 (1.40%) CMS
5 3 (1.40%) Jupyter
6 2 (0.93%) SharePoint
7 1 (0.47%) Ethereum
7 1 (0.47%) Hyperledger
Applications
1 8 (3.72%) Simulink
2 7 (3.26%) Stateflow
3 3 (1.40%) MS Visio
4 2 (0.93%) Microsoft Excel
5 1 (0.47%) Chatbot
Business Applications
1 3 (1.40%) Orchestrade
2 2 (0.93%) Distributed Ledger
3 1 (0.47%) RMDS
Cloud Services
1 39 (18.14%) AWS
2 25 (11.63%) Azure
3 21 (9.77%) GCP
4 6 (2.79%) Google Kubernetes Engine
5 5 (2.33%) SaaS
6 4 (1.86%) AWS Lambda
6 4 (1.86%) PaaS
6 4 (1.86%) Serverless
7 3 (1.40%) Amazon EC2
7 3 (1.40%) Amazon Kinesis
7 3 (1.40%) Amazon S3
7 3 (1.40%) Lucidchart
7 3 (1.40%) Power Platform
7 3 (1.40%) Snowflake
8 2 (0.93%) AWS CloudFormation
8 2 (0.93%) Azure Machine Learning
8 2 (0.93%) Azure Synapse Analytics
8 2 (0.93%) Power Automate
8 2 (0.93%) PowerApps
8 2 (0.93%) Vertex AI
Communications & Networking
1 5 (2.33%) DNS
1 5 (2.33%) Firewall
2 4 (1.86%) DHCP
2 4 (1.86%) Wi-Fi
3 3 (1.40%) Internet
4 2 (0.93%) SSH
Database & Business Intelligence
1 24 (11.16%) Big Data
2 21 (9.77%) Relational Database
3 15 (6.98%) Hadoop
4 13 (6.05%) NoSQL
5 12 (5.58%) KDB
6 11 (5.12%) MongoDB
7 10 (4.65%) Tableau
8 7 (3.26%) PostgreSQL
9 6 (2.79%) BigQuery
10 5 (2.33%) Apache Hive
10 5 (2.33%) HBase
11 3 (1.40%) Data Lake
11 3 (1.40%) Power BI
12 2 (0.93%) Data Warehouse
12 2 (0.93%) Electronic Patient Records
12 2 (0.93%) HDInsight
12 2 (0.93%) Kdb+
12 2 (0.93%) Spark SQL
12 2 (0.93%) SQL Server
13 1 (0.47%) Data Mining
Development Applications
1 21 (9.77%) Git
2 13 (6.05%) JIRA
3 10 (4.65%) Jenkins
4 7 (3.26%) TeamCity
5 6 (2.79%) GitLab
5 6 (2.79%) Maven
6 5 (2.33%) Subversion
7 4 (1.86%) Cucumber
8 3 (1.40%) Gradle
8 3 (1.40%) JUnit
8 3 (1.40%) webpack
9 2 (0.93%) Babel
9 2 (0.93%) Bitbucket
9 2 (0.93%) IntelliJ
9 2 (0.93%) Selenium
10 1 (0.47%) Ant
General
1 74 (34.42%) Social Skills
2 60 (27.91%) Finance
3 59 (27.44%) Analytical Skills
4 29 (13.49%) Front Office
5 18 (8.37%) Banking
6 9 (4.19%) Investment Banking
6 9 (4.19%) Retail
7 8 (3.72%) Legal
8 6 (2.79%) Automotive
9 4 (1.86%) Marketing
9 4 (1.86%) Presentation Skills
9 4 (1.86%) Telecoms
10 3 (1.40%) Financial Institution
10 3 (1.40%) Organisational Skills
10 3 (1.40%) Public Sector
11 2 (0.93%) Corporate Banking
11 2 (0.93%) Games
11 2 (0.93%) Inclusion and Diversity
11 2 (0.93%) Retail Banking
12 1 (0.47%) Police
Job Titles
1 85 (39.53%) Developer
2 36 (16.74%) Data Scientist
3 35 (16.28%) Senior
4 17 (7.91%) Senior Developer
5 16 (7.44%) Java Developer
5 16 (7.44%) Python Developer
5 16 (7.44%) Quantitative Developer
6 14 (6.51%) Software Engineer
7 13 (6.05%) Analyst
8 12 (5.58%) Data Engineer
9 11 (5.12%) Site Reliability Engineer
10 10 (4.65%) C++ Developer
10 10 (4.65%) Site Engineer
11 9 (4.19%) Java Engineer
11 9 (4.19%) Python Engineer
11 9 (4.19%) Senior Data Scientist
12 8 (3.72%) C# Developer
12 8 (3.72%) Electronic Trading Developer
12 8 (3.72%) Low Latency C++ Developer
12 8 (3.72%) Machine Learning Engineer
Libraries, Frameworks & Software Standards
1 21 (9.77%) React
2 19 (8.84%) Pandas
2 19 (8.84%) Spring
3 17 (7.91%) Kafka
4 15 (6.98%) TensorFlow
5 14 (6.51%) Node.js
5 14 (6.51%) REST
5 14 (6.51%) scikit-learn
6 13 (6.05%) CSS
6 13 (6.05%) HTML
6 13 (6.05%) NumPy
7 12 (5.58%) RESTful
8 11 (5.12%) .NET
9 9 (4.19%) RabbitMQ
10 8 (3.72%) Django
10 8 (3.72%) Hibernate
10 8 (3.72%) Matplotlib
10 8 (3.72%) PyTorch
10 8 (3.72%) Spring Boot
11 7 (3.26%) AngularJS
Miscellaneous
1 75 (34.88%) Data Structures
2 27 (12.56%) Derivative
3 23 (10.70%) Distributed Systems
3 23 (10.70%) Fixed Income
4 15 (6.98%) Hedge funds
5 13 (6.05%) Enterprise Software
6 12 (5.58%) Equity Derivative
7 11 (5.12%) Foreign Exchange (FX)
8 6 (2.79%) Analytical Mindset
8 6 (2.79%) Equities
9 5 (2.33%) Blockchain
9 5 (2.33%) Client/Server
9 5 (2.33%) Greenfield Project
10 4 (1.86%) Data Centre
10 4 (1.86%) Data Protection Act
10 4 (1.86%) Distributed Applications
10 4 (1.86%) Mobile App
10 4 (1.86%) Product Ownership
10 4 (1.86%) Self-Motivation
10 4 (1.86%) Social Media
Operating Systems
1 26 (12.09%) Linux
2 12 (5.58%) Unix
3 4 (1.86%) Android
4 1 (0.47%) Apple iOS
4 1 (0.47%) Windows
Processes & Methodologies
1 82 (38.14%) Computer Science
2 72 (33.49%) Machine Learning
3 60 (27.91%) Problem-Solving
4 55 (25.58%) Data Science
5 53 (24.65%) Agile
6 51 (23.72%) CI/CD
7 38 (17.67%) Analytics
7 38 (17.67%) Mathematics
8 36 (16.74%) Artificial Intelligence
9 34 (15.81%) Software Engineering
10 33 (15.35%) Data Modelling
10 33 (15.35%) Design Patterns
11 28 (13.02%) Data Analysis
12 27 (12.56%) Software Architecture
13 26 (12.09%) Test Automation
14 23 (10.70%) Data Pipeline
14 23 (10.70%) OO
15 22 (10.23%) Microservices
16 20 (9.30%) DevOps
16 20 (9.30%) SDLC
Programming Languages
1 111 (51.63%) Python
2 71 (33.02%) Java
3 52 (24.19%) SQL
4 39 (18.14%) C++
5 22 (10.23%) C#
6 21 (9.77%) JavaScript
7 15 (6.98%) Shell Script
8 14 (6.51%) Go
8 14 (6.51%) Scala
9 13 (6.05%) R
10 9 (4.19%) TypeScript
11 8 (3.72%) C
11 8 (3.72%) MATLAB
12 7 (3.26%) Perl
13 6 (2.79%) Kotlin
14 3 (1.40%) PHP
15 2 (0.93%) Rust
16 1 (0.47%) Solidity
16 1 (0.47%) VBA
16 1 (0.47%) VC++
Qualifications
1 61 (28.37%) Degree
2 37 (17.21%) Computer Science Degree
3 20 (9.30%) Master's Degree
4 6 (2.79%) Numerate Degree
5 5 (2.33%) SC Cleared
5 5 (2.33%) Security Cleared
6 4 (1.86%) PhD
7 1 (0.47%) BPSS Clearance
Quality Assurance & Compliance
1 10 (4.65%) QA
2 4 (1.86%) Data Quality
2 4 (1.86%) MiFID
3 1 (0.47%) Accessibility
3 1 (0.47%) ISO/IEC 20000
System Software
1 20 (9.30%) Docker
2 9 (4.19%) Apache ZooKeeper
3 5 (2.33%) HDFS
Systems Management
1 30 (13.95%) Kubernetes
2 9 (4.19%) Consul
2 9 (4.19%) Grafana
2 9 (4.19%) Prometheus
3 5 (2.33%) Hadoop YARN
4 4 (1.86%) Terraform
5 1 (0.47%) Istio
5 1 (0.47%) Single Sign-On
Vendors
1 20 (9.30%) Microsoft
2 9 (4.19%) SaltStack
3 7 (3.26%) ION Trading
4 5 (2.33%) Databricks
5 4 (1.86%) Google
6 3 (1.40%) Genesys
6 3 (1.40%) Oracle
7 2 (0.93%) Ariba
7 2 (0.93%) CA
7 2 (0.93%) SAP
8 1 (0.47%) OpenAI
8 1 (0.47%) ServiceNow