Quantitative Research Contracts

Quantitative Research
UK

The table below provides summary statistics for contract job vacancies requiring Quantitative Research skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Quantitative Research 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 512 536 552
Rank change year-on-year +24 +16 -23
Contract jobs citing Quantitative Research 72 162 305
As % of all contract jobs advertised in the UK 0.16% 0.29% 0.35%
As % of the Processes & Methodologies category 0.19% 0.33% 0.39%
Number of daily rates quoted 57 113 235
10th Percentile £325 £413 £400
25th Percentile £385 £500 £463
Median daily rate (50th Percentile) £500 £600 £550
Median % change year-on-year -16.67% +9.09% +10.00%
75th Percentile £588 £725 £659
90th Percentile £763 £850 £763
UK excluding London median daily rate £475 £573 £500
% change year-on-year -17.14% +14.65% -
Number of hourly rates quoted 2 1 5
10th Percentile £12.74 - £53.65
25th Percentile £13.28 - £60.25
Median hourly rate £14.37 £23.00 £61.50
Median % change year-on-year -37.54% -62.60% +136.54%
75th Percentile £15.27 - £72.50
90th Percentile £15.69 - -
UK excluding London median hourly rate £14.37 - -

All Process and Methodology Skills
UK

Quantitative Research 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% -

Quantitative Research
Job Vacancy Trend

Job postings citing Quantitative Research as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Research in the UK

Quantitative Research
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Quantitative Research.

Daily rate trend for Quantitative Research in the UK

Quantitative Research
Daily Rate Histogram

Daily rate distribution for jobs citing Quantitative Research over the 6 months to 12 June 2024.

Daily rate histogram for Quantitative Research in the UK

Quantitative Research
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Quantitative Research.

Hourly rate trend for Quantitative Research in the UK

Quantitative Research
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Research 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 +15 62 £500 -18.03% 119
London +8 45 £550 -9.84% 100
Work from Home +85 34 £550 - 31
UK excluding London +31 25 £475 -17.14% 19
North of England +24 11 £350 -39.13% 5
North West +21 8 £350 - 3
Scotland +46 7 £378 -34.22% 2
South East +18 4 £475 -16.89% 8
Yorkshire +14 2 £513 -12.77% 1
Northern Ireland - 2 £513 -
East of England +5 1 - - 2
North East - 1 - - 1

Quantitative Research
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 1 (1.39%) Apache Spark
Applications
1 5 (6.94%) Microsoft Excel
2 2 (2.78%) Adobe XD
2 2 (2.78%) Microsoft Office
2 2 (2.78%) Sketch
2 2 (2.78%) UserZoom
3 1 (1.39%) InVision
3 1 (1.39%) Microsoft PowerPoint
Cloud Services
1 14 (19.44%) Azure
2 10 (13.89%) AWS
2 10 (13.89%) GCP
3 7 (9.72%) Power Platform
4 4 (5.56%) Power Automate
4 4 (5.56%) SaaS
5 3 (4.17%) Azure Data Factory
5 3 (4.17%) Azure DevOps
6 2 (2.78%) Figma
6 2 (2.78%) NuGet
6 2 (2.78%) PowerApps
7 1 (1.39%) Google Analytics
7 1 (1.39%) Miro
Communications & Networking
1 2 (2.78%) Firewall
2 1 (1.39%) Internet
Database & Business Intelligence
1 3 (4.17%) Power BI
2 2 (2.78%) SQL Server
3 1 (1.39%) Data Warehouse
3 1 (1.39%) MS Access
3 1 (1.39%) SQL Server Analysis Services
3 1 (1.39%) SQL Server Integration Services
3 1 (1.39%) SQL Server Reporting Services
Development Applications
1 2 (2.78%) Bitbucket
1 2 (2.78%) Git
1 2 (2.78%) TeamCity
2 1 (1.39%) Axure RP
2 1 (1.39%) SQL Server Management Studio (SSMS)
2 1 (1.39%) Visual Studio
General
1 23 (31.94%) Finance
2 16 (22.22%) Social Skills
3 13 (18.06%) Analytical Skills
4 12 (16.67%) Front Office
5 11 (15.28%) Public Sector
6 5 (6.94%) Local Government
7 3 (4.17%) Banking
7 3 (4.17%) Law
8 2 (2.78%) Automotive
8 2 (2.78%) Health Technology
8 2 (2.78%) Inclusion and Diversity
8 2 (2.78%) Investment Banking
8 2 (2.78%) Marketing
9 1 (1.39%) Financial Institution
9 1 (1.39%) Organisational Skills
9 1 (1.39%) Pharmaceutical
9 1 (1.39%) Presentation Skills
9 1 (1.39%) Retail
9 1 (1.39%) Tech for Good
Job Titles
1 22 (30.56%) Developer
2 17 (23.61%) Python Developer
3 14 (19.44%) Quantitative Developer
3 14 (19.44%) User Researcher
4 10 (13.89%) Finance Manager
5 7 (9.72%) Analyst
5 7 (9.72%) Senior
6 6 (8.33%) Designer
7 4 (5.56%) Applications Developer
7 4 (5.56%) Power Apps Developer
8 3 (4.17%) Data Scientist
8 3 (4.17%) Insight Analyst
8 3 (4.17%) Senior User Researcher
8 3 (4.17%) Service Designer
8 3 (4.17%) User Experience Researcher
8 3 (4.17%) UX Strategist
9 2 (2.78%) C# Architect
9 2 (2.78%) Interaction Designer
9 2 (2.78%) Junior Python Developer
9 2 (2.78%) Senior Designer
Libraries, Frameworks & Software Standards
1 4 (5.56%) Matplotlib
1 4 (5.56%) NumPy
1 4 (5.56%) Pandas
2 3 (4.17%) .NET
2 3 (4.17%) ADO
3 2 (2.78%) .NET Core
3 2 (2.78%) Tkinter
4 1 (1.39%) .NET Framework
4 1 (1.39%) XML
4 1 (1.39%) XSLT
Miscellaneous
1 16 (22.22%) Derivative
2 15 (20.83%) Equities
3 10 (13.89%) Fixed Income
3 10 (13.89%) Hedge funds
4 5 (6.94%) Algorithms
5 3 (4.17%) NHS
6 2 (2.78%) Distributed Systems
6 2 (2.78%) Product Ownership
7 1 (1.39%) Data Structures
7 1 (1.39%) Distributed Computing
7 1 (1.39%) Equity Derivative
7 1 (1.39%) Infotainment
7 1 (1.39%) Self-Motivation
Operating Systems
1 2 (2.78%) Linux
1 2 (2.78%) Windows
Processes & Methodologies
1 43 (59.72%) Qualitative Research
2 24 (33.33%) Agile
3 21 (29.17%) User Research
4 19 (26.39%) Actionable Insight
4 19 (26.39%) User Experience
5 18 (25.00%) Service Design
6 16 (22.22%) Data Science
6 16 (22.22%) Software Engineering
7 15 (20.83%) Data Analysis
8 14 (19.44%) UX Design
9 12 (16.67%) Problem-Solving
10 11 (15.28%) Focus Group
11 10 (13.89%) Analytics
11 10 (13.89%) Asset Management
11 10 (13.89%) Computer Science
11 10 (13.89%) Decision-Making
11 10 (13.89%) Investment Management
11 10 (13.89%) Mentoring
11 10 (13.89%) User-Centered Design (UCD)
11 10 (13.89%) Workshop Facilitation
Programming Languages
1 27 (37.50%) Python
2 12 (16.67%) R
3 9 (12.50%) SQL
4 5 (6.94%) C#
4 5 (6.94%) C++
5 4 (5.56%) VBA
6 2 (2.78%) Java
7 1 (1.39%) VB.NET
7 1 (1.39%) VC++
Qualifications
1 17 (23.61%) Degree
2 15 (20.83%) Master's Degree
3 2 (2.78%) BPSS Clearance
4 1 (1.39%) Computer Science Degree
4 1 (1.39%) Postgraduate
4 1 (1.39%) SC Cleared
4 1 (1.39%) Security Cleared
Quality Assurance & Compliance
1 6 (8.33%) Actionable Recommendations
2 3 (4.17%) Accessibility
3 2 (2.78%) QA
4 1 (1.39%) Disclosure Scotland
Vendors
1 10 (13.89%) Bloomberg
2 4 (5.56%) Microsoft
3 3 (4.17%) Oracle
4 2 (2.78%) Adobe
4 2 (2.78%) Brandwatch
5 1 (1.39%) Brio
5 1 (1.39%) Databricks
5 1 (1.39%) Google
5 1 (1.39%) Qualtrics