Algorithms
East London > Tower Hamlets
The table below looks at the prevalence of the term Algorithms in contract job vacancies in Tower Hamlets. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 15 November 2024, comparing them to the same period in the previous two years.
| 6 months to 15 Nov 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | - | 20 |
| Rank change year-on-year | - | - | -1 |
| Contract jobs citing Algorithms | 0 | 0 | 3 |
| As % of all contract jobs advertised in Tower Hamlets | - | - | 2.73% |
| As % of the Miscellaneous category | - | - | 11.11% |
| Number of daily rates quoted | 0 | 0 | 2 |
| 10th Percentile | - | - | £409 |
| 25th Percentile | - | - | £449 |
| Median daily rate (50th Percentile) | - | - | £516 |
| Median % change year-on-year | - | - | -25.22% |
| 75th Percentile | - | - | £583 |
| 90th Percentile | - | - | £623 |
| East London median daily rate | £400 | £900 | £516 |
| % change year-on-year | -55.56% | +74.42% | -25.22% |
All Generic Skills
Tower Hamlets
Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in Tower Hamlets.
| Contract vacancies with a requirement for generic IT skills | 14 | 83 | 27 |
| As % of all contract IT jobs advertised in Tower Hamlets | 20.59% | 46.89% | 24.55% |
| Number of daily rates quoted | 14 | 76 | 20 |
| 10th Percentile | £477 | £500 | £195 |
| 25th Percentile | - | £533 | £360 |
| Median daily rate (50th Percentile) | £540 | £560 | £550 |
| Median % change year-on-year | -3.64% | +1.89% | +10.00% |
| 75th Percentile | £619 | £650 | £628 |
| 90th Percentile | £638 | £723 | £850 |
| East London median daily rate | £453 | £560 | £475 |
| % change year-on-year | -19.11% | +17.89% | +11.76% |
Algorithms
Job Vacancy Trend in Tower Hamlets
Job postings citing Algorithms as a proportion of all IT jobs advertised in Tower Hamlets.
Algorithms
Contractor Daily Rate Trend in Tower Hamlets
3-month moving average daily rate quoted in jobs citing Algorithms in Tower Hamlets.