Retrieval-Augmented Generation Contracts in the City of London

Retrieval-Augmented Generation (RAG)
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of London requiring Retrieval-Augmented Generation skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Retrieval-Augmented Generation over the 6 months leading up to 14 November 2024, comparing them to the same period in the previous two years.

6 months to
14 Nov 2024
Same period 2023 Same period 2022
Rank 121 149 -
Rank change year-on-year +28 - -
Contract jobs citing Retrieval-Augmented Generation 6 1 0
As % of all contract jobs advertised in the City of London 0.28% 0.036% -
As % of the Processes & Methodologies category 0.31% 0.040% -
Number of daily rates quoted 5 1 0
10th Percentile £605 - -
25th Percentile £613 £663 -
Median daily rate (50th Percentile) £700 £725 -
Median % change year-on-year -3.45% - -
75th Percentile £725 £788 -
90th Percentile - - -
Central London median daily rate £700 £725 -
% change year-on-year -3.45% - -

All Process and Methodology Skills
City of London

Retrieval-Augmented Generation 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 in the City of London.

Contract vacancies with a requirement for process or methodology skills 1,941 2,497 4,142
As % of all contract IT jobs advertised in the City of London 91.43% 89.92% 92.25%
Number of daily rates quoted 1,193 1,754 2,734
10th Percentile £375 £363 £363
25th Percentile £470 £463 £475
Median daily rate (50th Percentile) £575 £575 £575
Median % change year-on-year - - +4.55%
75th Percentile £688 £690 £700
90th Percentile £788 £800 £800
Central London median daily rate £575 £575 £575
% change year-on-year - - +4.55%
Number of hourly rates quoted 16 16 51
10th Percentile £16.25 £15.63 £17.25
25th Percentile £25.38 £17.00 £21.13
Median hourly rate £50.00 £32.75 £50.50
Median % change year-on-year +52.67% -35.15% +49.63%
75th Percentile £112.00 £52.63 £58.75
90th Percentile £137.50 £71.25 £78.75
Central London median hourly rate £35.00 £32.75 £43.24
% change year-on-year +6.87% -24.26% +26.25%

Retrieval-Augmented Generation
Job Vacancy Trend in the City of London

Job postings citing Retrieval-Augmented Generation as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Retrieval-Augmented Generation in the City of London

Retrieval-Augmented Generation
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Retrieval-Augmented Generation in the City of London.

Daily rate trend for Retrieval-Augmented Generation in the City of London

Retrieval-Augmented Generation
Co-occurring Skills and Capabilities in the City of London 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:

Cloud Services
1 1 (16.67%) GCP
Database & Business Intelligence
1 1 (16.67%) Neo4j
General
1 4 (66.67%) Public Sector
2 1 (16.67%) Finance
Job Titles
1 6 (100.00%) Data Scientist
2 5 (83.33%) Lead
2 5 (83.33%) Lead Data Scientist
2 5 (83.33%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 1 (16.67%) Hugging Face
1 1 (16.67%) LangChain
Miscellaneous
1 4 (66.67%) Algorithms
1 4 (66.67%) Tandem
Processes & Methodologies
1 6 (100.00%) Data Science
2 5 (83.33%) Artificial Intelligence
2 5 (83.33%) Generative AI
2 5 (83.33%) LLM
2 5 (83.33%) Machine Learning
2 5 (83.33%) Natural Language Processing
3 4 (66.67%) Analytics
3 4 (66.67%) Data Pipeline
3 4 (66.67%) Experimental Design
3 4 (66.67%) Natural Language Understanding
3 4 (66.67%) Performance Optimisation
3 4 (66.67%) Use Case
4 1 (16.67%) Bayesian Methods
4 1 (16.67%) Deep Learning
4 1 (16.67%) Design Patterns
4 1 (16.67%) Entity Linking
4 1 (16.67%) Prompt Engineering
4 1 (16.67%) Prototyping
4 1 (16.67%) Rapid Prototyping
4 1 (16.67%) Reinforcement Learning
Programming Languages
1 2 (33.33%) Python
2 1 (16.67%) R
Qualifications
1 1 (16.67%) Degree
1 1 (16.67%) Master's Degree
1 1 (16.67%) PhD
Quality Assurance & Compliance
1 1 (16.67%) SNOMED CT