Algorithm Engineer Contracts

Algorithm Engineer
UK

As of 1 June 2024, there is not enough information available from job vacancies posted within the last 6 months to determine the median Algorithm Engineer daily rate in the UK.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank - - 837
Rank change year-on-year - - -111
Contract jobs requiring an Algorithm Engineer 0 0 1
As % of all contract jobs advertised in the UK - - 0.001%
As % of the Job Titles category - - 0.001%
Number of daily rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £775
Median daily rate (50th Percentile) - - £800
75th Percentile - - £825
90th Percentile - - -
UK excluding London median daily rate - - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 39,969 53,015 83,520
% of contract IT jobs with a recognized job title 92.83% 94.58% 95.35%
Number of daily rates quoted 25,870 37,031 58,844
10th Percentile £280 £313 £315
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +10.21%
Number of hourly rates quoted 2,841 1,476 1,963
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £24.50
Median % change year-on-year -16.67% +83.67% +12.28%
75th Percentile £61.60 £65.75 £49.33
90th Percentile £73.75 £76.13 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Algorithm Engineer
Job Vacancy Trend

Job postings that featured Algorithm Engineer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Algorithm Engineer in the UK

Algorithm Engineer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Algorithm Engineer.

Daily rate trend for Algorithm Engineer in the UK

Algorithm Engineer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Algorithm Engineer.

Hourly rate trend for Algorithm Engineer in the UK