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 2 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 324 424 577
Rank change year-on-year +100 +153 -101
Contract jobs citing Physics 25 35 49
As % of all contract jobs with a WFH option 0.17% 0.14% 0.11%
As % of the Processes & Methodologies category 0.19% 0.16% 0.12%
Number of daily rates quoted 21 11 11
10th Percentile £400 - £431
25th Percentile £540 £146 £456
Median daily rate (50th Percentile) £800 £450 £538
Median % change year-on-year +77.78% -16.28% +10.26%
75th Percentile £950 £534 £594
90th Percentile - £631 £638
UK median daily rate £800 £700 £675
% change year-on-year +14.29% +3.70% +8.00%
Number of hourly rates quoted 1 12 1
Median hourly rate £21.86 £19.98 £19.91
Median % change year-on-year +9.41% +0.35% -
UK median hourly rate £40.68 £52.50 £19.72
% change year-on-year -22.51% +166.29% -45.24%

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 12,824 21,734 40,250
As % of all contract jobs with a WFH option 87.57% 89.66% 91.02%
Number of daily rates quoted 8,646 15,426 29,289
10th Percentile £325 £363 £363
25th Percentile £425 £450 £438
Median daily rate (50th Percentile) £525 £543 £525
Median % change year-on-year -3.23% +3.33% +6.06%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 572 503 517
10th Percentile £14.89 £18.49 £14.50
25th Percentile £24.19 £25.85 £20.75
Median hourly rate £43.00 £52.50 £40.00
Median % change year-on-year -18.10% +31.25% +66.67%
75th Percentile £60.00 £67.50 £58.38
90th Percentile £75.00 £78.60 £71.00
UK median hourly rate £36.50 £36.00 £25.68
% change year-on-year +1.39% +40.19% +9.70%

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 2 June 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 1 (4.00%) MS Visio
2 1 (4.00%) SPSS
Business Applications
1 3 (12.00%) 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 6 (24.00%) Git
2 5 (20.00%) Visual Studio
3 1 (4.00%) Team Foundation Server
General
1 15 (60.00%) Finance
2 11 (44.00%) Analytical Skills
3 10 (40.00%) Banking
4 7 (28.00%) Investment Banking
5 5 (20.00%) Front Office
5 5 (20.00%) Social Skills
6 2 (8.00%) Games
7 1 (4.00%) Advertising
7 1 (4.00%) Influencing Skills
7 1 (4.00%) Legal
7 1 (4.00%) Marketing
7 1 (4.00%) Presentation Skills
7 1 (4.00%) Public Sector
7 1 (4.00%) Retail
7 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 7 (28.00%) Developer
4 5 (20.00%) Credit Analyst
4 5 (20.00%) Quantitative Developer
5 3 (12.00%) Data Scientist
6 2 (8.00%) Senior
7 1 (4.00%) C# WPF Developer
7 1 (4.00%) Data Validation Consultant
7 1 (4.00%) Machine Learning Engineer
7 1 (4.00%) React Developer
7 1 (4.00%) Research Engineer
7 1 (4.00%) Research Software Engineer
7 1 (4.00%) Senior Data Scientist
7 1 (4.00%) SQL Analyst
7 1 (4.00%) SQL Data Analyst
7 1 (4.00%) Tableau Analyst
7 1 (4.00%) Validation Consultant
7 1 (4.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 2 (8.00%) D3.js
2 1 (4.00%) .NET
2 1 (4.00%) .NET Framework
2 1 (4.00%) CSS
2 1 (4.00%) Entity Framework
2 1 (4.00%) HTML
2 1 (4.00%) Kafka
2 1 (4.00%) Managed Extensibility Framework
2 1 (4.00%) NumPy
2 1 (4.00%) React
2 1 (4.00%) SciPy
2 1 (4.00%) Shiny
2 1 (4.00%) Silverlight
2 1 (4.00%) TensorFlow
2 1 (4.00%) Unity (Game Engine)
2 1 (4.00%) WCF
2 1 (4.00%) WPF
Miscellaneous
1 8 (32.00%) Fixed Income
2 7 (28.00%) Algorithms
2 7 (28.00%) Derivative
2 7 (28.00%) Hedge funds
3 6 (24.00%) Credit Derivative
4 5 (20.00%) Foreign Exchange (FX)
5 4 (16.00%) Distributed Computing
5 4 (16.00%) Equities
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
1 5 (20.00%) Windows
2 4 (16.00%) Unix
Processes & Methodologies
1 22 (88.00%) Mathematics
2 13 (52.00%) Quantitative Finance
3 12 (48.00%) Statistics
4 10 (40.00%) Computer Science
5 8 (32.00%) Model Validation
6 7 (28.00%) Analytical Modelling
7 6 (24.00%) Analytics
8 5 (20.00%) Mathematical Modelling
8 5 (20.00%) Problem-Solving
9 4 (16.00%) Data Analytics
9 4 (16.00%) Data Science
9 4 (16.00%) Numerical Analysis
10 3 (12.00%) Asset Management
10 3 (12.00%) Data Analysis
10 3 (12.00%) Order Management
10 3 (12.00%) Portfolio Management
10 3 (12.00%) Software Engineering
10 3 (12.00%) Statistical Modelling
11 2 (8.00%) Design Patterns
11 2 (8.00%) Generative AI
Programming Languages
1 21 (84.00%) Python
2 12 (48.00%) C++
3 7 (28.00%) R
4 6 (24.00%) C#
5 5 (20.00%) Java
6 4 (16.00%) Perl
6 4 (16.00%) Shell Script
6 4 (16.00%) SQL
6 4 (16.00%) VBA
7 1 (4.00%) Bash
7 1 (4.00%) C
7 1 (4.00%) Fortran
7 1 (4.00%) JavaScript
7 1 (4.00%) PowerShell
7 1 (4.00%) XAML
Qualifications
1 20 (80.00%) Degree
2 13 (52.00%) Numerate Degree
3 3 (12.00%) Master's Degree
3 3 (12.00%) PhD
4 1 (4.00%) Computer Science Degree
4 1 (4.00%) MBA
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