Bayesian Methods Contracts with Work from Home Options

Bayesian Techniques (including Bayesian Networks, Statistics and Modelling)
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 Bayesian Methods skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Bayesian Methods over the 6 months to 23 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 337 468 612
Rank change year-on-year +131 +144 -126
Contract jobs citing Bayesian Methods 8 2 4
As % of all contract jobs with a WFH option 0.055% 0.008% 0.009%
As % of the Processes & Methodologies category 0.062% 0.009% 0.010%
Number of daily rates quoted 4 2 3
10th Percentile - £282 -
25th Percentile £75 £323 £575
Median daily rate (50th Percentile) £378 £405 £600
Median % change year-on-year -6.79% -32.50% -3.50%
75th Percentile £680 £498 £685
90th Percentile - £544 £721
UK median daily rate £625 £405 £469
% change year-on-year +54.32% -13.60% -24.40%

All Process and Methodology Skills
Work from Home

Bayesian Methods 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 12,882 21,904 40,173
As % of all contract jobs with a WFH option 87.90% 89.65% 91.09%
Number of daily rates quoted 8,678 15,514 29,175
10th Percentile £325 £363 £363
25th Percentile £425 £450 £433
Median daily rate (50th Percentile) £525 £545 £525
Median % change year-on-year -3.67% +3.81% +7.14%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £535
% change year-on-year -4.55% +2.80% +8.08%
Number of hourly rates quoted 570 507 533
10th Percentile £14.83 £18.58 £14.30
25th Percentile £24.06 £26.25 £20.75
Median hourly rate £43.00 £52.50 £38.16
Median % change year-on-year -18.10% +37.60% +58.98%
75th Percentile £60.00 £67.50 £57.50
90th Percentile £75.00 £78.00 £70.00
UK median hourly rate £36.00 £36.00 £25.68
% change year-on-year - +40.19% +7.00%

Bayesian Methods
Trend for Jobs with a WFH Option

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

Bayesian Methods trend for jobs with a WFH option

Bayesian Methods
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 Bayesian Methods.

Bayesian Methods daily rate for jobs with a WFH option

Bayesian Methods
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Bayesian Methods over the 6 months to 23 May 2024.

Bayesian Methods daily rate histogram for jobs with a WFH option

Bayesian Methods
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 (37.50%) Apache Spark
Cloud Services
1 3 (37.50%) Azure
Development Applications
1 5 (62.50%) Git
General
1 3 (37.50%) Marketing
Job Titles
1 7 (87.50%) Data Scientist
2 2 (25.00%) Senior
2 2 (25.00%) Senior Data Scientist
3 1 (12.50%) Econometrician
3 1 (12.50%) Junior
3 1 (12.50%) Junior Data Scientist
Libraries, Frameworks & Software Standards
1 3 (37.50%) Pandas
Miscellaneous
1 5 (62.50%) Algorithms
2 3 (37.50%) Multi-touch
Processes & Methodologies
1 8 (100.00%) Data Science
1 8 (100.00%) Machine Learning
1 8 (100.00%) Mathematics
2 7 (87.50%) Statistical Modelling
3 5 (62.50%) Data Pipeline
3 5 (62.50%) Econometrics
4 3 (37.50%) Analytics
4 3 (37.50%) Applied Mathematics
4 3 (37.50%) Data Analysis
4 3 (37.50%) Data Collection
4 3 (37.50%) Data Extraction
4 3 (37.50%) Marketing Mix
4 3 (37.50%) Model Validation
4 3 (37.50%) Validation
5 2 (25.00%) Computer Science
5 2 (25.00%) Statistics
6 1 (12.50%) Time Series Analysis
Programming Languages
1 8 (100.00%) Python
2 3 (37.50%) R
2 3 (37.50%) SQL
Qualifications
1 2 (25.00%) Degree
1 2 (25.00%) PhD