Propensity Modelling Contracts

Propensity Modelling
UK

The table below provides summary statistics for contract job vacancies requiring Propensity Modelling skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Propensity Modelling over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 568 - -
Rank change year-on-year - - -
Contract jobs citing Propensity Modelling 16 0 0
As % of all contract jobs advertised in the UK 0.037% - -
As % of the Processes & Methodologies category 0.043% - -
Number of daily rates quoted 7 0 0
10th Percentile £363 - -
25th Percentile £413 - -
Median daily rate (50th Percentile) £550 - -
75th Percentile £575 - -
90th Percentile £597 - -
UK excluding London median daily rate £375 - -

All Process and Methodology Skills
UK

Propensity Modelling falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Propensity Modelling
Job Vacancy Trend

Job postings citing Propensity Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Propensity Modelling in the UK

Propensity Modelling
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Propensity Modelling.

Daily rate trend for Propensity Modelling in the UK

Propensity Modelling
Daily Rate Histogram

Daily rate distribution for jobs citing Propensity Modelling over the 6 months to 12 June 2024.

Daily rate histogram for Propensity Modelling in the UK

Propensity Modelling
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Propensity Modelling.

Hourly rate trend for Propensity Modelling in the UK

Propensity Modelling
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Propensity Modelling within the UK over the 6 months to 12 June 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
England - 16 £550 - 16
London - 14 £550 - 7
Work from Home - 3 £375 - 3
UK excluding London - 2 £375 - 9
East Midlands - 2 £375 -
Midlands - 2 £375 - 2

Propensity Modelling
Co-occurring Skills and Capabilities 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 4 (25.00%) Jupyter
2 3 (18.75%) Adobe Experience Manager
Cloud Services
1 5 (31.25%) AWS
2 4 (25.00%) Snowflake
3 3 (18.75%) Azure
4 2 (12.50%) Azure Machine Learning
4 2 (12.50%) Power Platform
5 1 (6.25%) IaaS
5 1 (6.25%) PaaS
5 1 (6.25%) SaaS
Database & Business Intelligence
1 2 (12.50%) Power BI
Development Applications
1 6 (37.50%) Git
General
1 10 (62.50%) Marketing
2 6 (37.50%) Retail
3 4 (25.00%) Social Skills
4 3 (18.75%) Analytical Skills
4 3 (18.75%) Finance
5 2 (12.50%) Banking
5 2 (12.50%) Corporate Banking
5 2 (12.50%) Investment Banking
5 2 (12.50%) Retail Banking
6 1 (6.25%) Telecoms
Job Titles
1 10 (62.50%) Data Scientist
2 8 (50.00%) Senior Data Scientist
3 6 (37.50%) Senior
4 3 (18.75%) Product Manager
4 3 (18.75%) Product Owner
5 2 (12.50%) Analyst
5 2 (12.50%) Data Analyst
5 2 (12.50%) Lead
5 2 (12.50%) Lead Data Scientist
5 2 (12.50%) Marketing Analyst
5 2 (12.50%) Marketing Data Analyst
6 1 (6.25%) Architect
6 1 (6.25%) AWS Architect
6 1 (6.25%) AWS Solution Architect
6 1 (6.25%) Solutions Architect
Libraries, Frameworks & Software Standards
1 5 (31.25%) scikit-learn
2 4 (25.00%) Matplotlib
2 4 (25.00%) Pandas
2 4 (25.00%) Plotly
2 4 (25.00%) pytest
2 4 (25.00%) PyTorch
3 1 (6.25%) Middleware
3 1 (6.25%) PySpark
Miscellaneous
1 3 (18.75%) Product Ownership
2 2 (12.50%) Algorithms
3 1 (6.25%) Cloud Native
Processes & Methodologies
1 12 (75.00%) Data Science
2 11 (68.75%) Machine Learning
3 9 (56.25%) Customer Experience
4 8 (50.00%) Computer Science
5 6 (37.50%) Actionable Insight
5 6 (37.50%) Mathematics
6 5 (31.25%) Analytics
7 4 (25.00%) Artificial Intelligence
7 4 (25.00%) CI/CD
7 4 (25.00%) Functional Programming
7 4 (25.00%) Performance Analysis
7 4 (25.00%) Physics
7 4 (25.00%) Predictive Analysis
7 4 (25.00%) Predictive Modelling
7 4 (25.00%) Statistics
8 3 (18.75%) Business Development
8 3 (18.75%) Data Analytics
8 3 (18.75%) Data Cleansing
8 3 (18.75%) Lead Generation
8 3 (18.75%) Marketing Strategy
Programming Languages
1 9 (56.25%) Python
1 9 (56.25%) SQL
2 4 (25.00%) Bash
Qualifications
1 4 (25.00%) Degree
1 4 (25.00%) Master's Degree
2 2 (12.50%) Numerate Degree
2 2 (12.50%) PhD
Quality Assurance & Compliance
1 4 (25.00%) Actionable Recommendations
System Software
1 4 (25.00%) Docker
Systems Management
1 4 (25.00%) Kubernetes
Vendors
1 9 (56.25%) Databricks
2 3 (18.75%) Adobe
3 2 (12.50%) Salesforce