Algorithms Contracts with Work from Home Options

Algorithms
UK > Work from Home

The table below looks at the prevalence of the term Algorithms in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 2 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 215 273 333
Rank change year-on-year +58 +60 -21
Contract jobs citing Algorithms 135 193 320
As % of all contract jobs with a WFH option 0.92% 0.80% 0.72%
As % of the Miscellaneous category 3.19% 2.52% 2.29%
Number of daily rates quoted 72 111 220
10th Percentile £413 £400 £420
25th Percentile £509 £475 £517
Median daily rate (50th Percentile) £678 £583 £650
Median % change year-on-year +16.31% -10.38% +18.18%
75th Percentile £775 £788 £778
90th Percentile £939 £875 £859
UK median daily rate £575 £600 £675
% change year-on-year -4.17% -11.11% +22.73%
Number of hourly rates quoted 32 17 7
10th Percentile £48.45 - £19.50
25th Percentile £52.50 £19.00 £19.71
Median hourly rate £55.00 £22.00 £45.00
Median % change year-on-year +150.00% -51.11% +73.08%
75th Percentile £65.00 £23.00 £57.50
90th Percentile £72.50 £61.18 -
UK median hourly rate £55.00 £22.00 £45.00
% change year-on-year +150.00% -51.11% +17.03%

All Generic Skills
Work from Home

Algorithms is in the General and Transferable Skills 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 generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,234 7,672 13,998
As % of all contract jobs with a WFH option 28.91% 31.65% 31.65%
Number of daily rates quoted 2,887 5,442 10,085
10th Percentile £325 £363 £363
25th Percentile £440 £455 £450
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £675 £683 £650
90th Percentile £825 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 184 148 223
10th Percentile £15.73 £19.00 £15.00
25th Percentile £25.50 £25.53 £20.75
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +28.91%
75th Percentile £70.00 £70.00 £61.83
90th Percentile £72.50 £75.00 £68.65
UK median hourly rate £35.00 £22.00 £26.98
% change year-on-year +59.09% -18.46% +5.80%

Algorithms
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Algorithms as a proportion of all IT jobs advertised.

Algorithms trend for jobs with a WFH option

Algorithms
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 Algorithms.

Algorithms daily rate for jobs with a WFH option

Algorithms
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Algorithms over the 6 months to 2 June 2024.

Algorithms daily rate histogram for jobs with a WFH option

Algorithms
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 Algorithms.

Algorithms hourly rate for jobs with a WFH option

Algorithms
Hourly Rate Histogram for Jobs with a WFH Option

Hourly rate distribution for jobs with a work from home option citing Algorithms over the 6 months to 2 June 2024.

Algorithms hourly rate histogram for jobs with a WFH option

Algorithms
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 (2.22%) CMS
1 3 (2.22%) Jupyter
2 2 (1.48%) Apache Spark
2 2 (1.48%) ArcGIS
3 1 (0.74%) Apache
3 1 (0.74%) Apache Airflow
3 1 (0.74%) Ethereum
3 1 (0.74%) Hyperledger
3 1 (0.74%) OpenStack
3 1 (0.74%) SAS
Applications
1 22 (16.30%) Simulink
1 22 (16.30%) Stateflow
2 3 (2.22%) MS Visio
3 1 (0.74%) Chatbot
Business Applications
1 3 (2.22%) Orchestrade
1 3 (2.22%) Sparx Enterprise Architect
2 1 (0.74%) SAP IBP
Cloud Services
1 20 (14.81%) AWS
2 18 (13.33%) Azure
3 16 (11.85%) GCP
4 5 (3.70%) Google Kubernetes Engine
5 3 (2.22%) Cloud Computing
5 3 (2.22%) Power Platform
6 2 (1.48%) Amazon EC2
6 2 (1.48%) Amazon S3
6 2 (1.48%) Amazon SageMaker
6 2 (1.48%) AWS CloudFormation
6 2 (1.48%) Azure DevOps
6 2 (1.48%) GitHub
6 2 (1.48%) Salesforce Service Cloud
6 2 (1.48%) Vertex AI
7 1 (0.74%) AWS Lambda
7 1 (0.74%) Azure Data Factory
7 1 (0.74%) Azure Machine Learning
7 1 (0.74%) GitHub Actions
7 1 (0.74%) IBM Watson
7 1 (0.74%) Serverless
Communications & Networking
1 5 (3.70%) Wireless
2 3 (2.22%) Network Security
3 2 (1.48%) Ethernet
3 2 (1.48%) Internet
3 2 (1.48%) RTSP
4 1 (0.74%) 5G
4 1 (0.74%) DHCP
4 1 (0.74%) DNS
4 1 (0.74%) LTE
4 1 (0.74%) Radio Access Network
4 1 (0.74%) Software-Defined Networking
4 1 (0.74%) TCP/IP
4 1 (0.74%) VPN
4 1 (0.74%) Wi-Fi
Database & Business Intelligence
1 15 (11.11%) MongoDB
2 9 (6.67%) Relational Database
3 5 (3.70%) Big Data
3 5 (3.70%) Hadoop
3 5 (3.70%) PostgreSQL
4 4 (2.96%) NoSQL
4 4 (2.96%) Tableau
5 3 (2.22%) Geospatial Data
6 2 (1.48%) GIS
7 1 (0.74%) Amazon Aurora
7 1 (0.74%) Apache Hive
7 1 (0.74%) Azure SQL Database
7 1 (0.74%) BigQuery
7 1 (0.74%) Data Warehouse
7 1 (0.74%) Delta Lake
7 1 (0.74%) InfluxDB
7 1 (0.74%) RDBMS
7 1 (0.74%) SQL Server
7 1 (0.74%) SQL Server Analysis Services
7 1 (0.74%) SQL Server Integration Services
Development Applications
1 23 (17.04%) Git
2 9 (6.67%) Jenkins
3 8 (5.93%) JIRA
4 5 (3.70%) GitLab
5 4 (2.96%) Subversion
6 2 (1.48%) JUnit
6 2 (1.48%) Maven
6 2 (1.48%) Selenium
6 2 (1.48%) Visual Studio
7 1 (0.74%) ClearCase
7 1 (0.74%) CMake
7 1 (0.74%) Cypress.io
7 1 (0.74%) Team Foundation Server
General
1 44 (32.59%) Social Skills
2 32 (23.70%) Analytical Skills
3 25 (18.52%) Automotive
4 19 (14.07%) Legal
5 13 (9.63%) Finance
6 12 (8.89%) Banking
7 7 (5.19%) Investment Banking
8 5 (3.70%) Aerospace
8 5 (3.70%) Retail
9 4 (2.96%) Public Sector
9 4 (2.96%) Telecoms
10 3 (2.22%) Manufacturing
11 2 (1.48%) Front Office
11 2 (1.48%) Inclusion and Diversity
11 2 (1.48%) Marketing
11 2 (1.48%) Military
12 1 (0.74%) Documentation Skills
12 1 (0.74%) Organisational Skills
12 1 (0.74%) Presentation Skills
12 1 (0.74%) Retail Banking
Job Titles
1 44 (32.59%) Developer
2 29 (21.48%) Software Engineer
3 21 (15.56%) Senior
4 20 (14.81%) Data Scientist
5 11 (8.15%) Site Engineer
5 11 (8.15%) Site Reliability Engineer
6 8 (5.93%) C++ Developer
6 8 (5.93%) Java Developer
6 8 (5.93%) Lead
6 8 (5.93%) Low Latency C++ Developer
6 8 (5.93%) Python Engineer
7 7 (5.19%) Architect
7 7 (5.19%) Embedded Engineer
7 7 (5.19%) Embedded Software Engineer
7 7 (5.19%) Senior Data Scientist
8 6 (4.44%) Python Developer
9 5 (3.70%) Quantitative Developer
9 5 (3.70%) Senior Developer
9 5 (3.70%) Senior Software Engineer
10 4 (2.96%) Java Engineer
Libraries, Frameworks & Software Standards
1 13 (9.63%) Kafka
2 12 (8.89%) React
2 12 (8.89%) RESTful
3 11 (8.15%) RabbitMQ
3 11 (8.15%) scikit-learn
3 11 (8.15%) TensorFlow
4 10 (7.41%) Django
5 9 (6.67%) .NET
6 8 (5.93%) PyTorch
7 6 (4.44%) CSS
7 6 (4.44%) HTML
7 6 (4.44%) REST
7 6 (4.44%) Spring
8 5 (3.70%) AngularJS
8 5 (3.70%) Node.js
8 5 (3.70%) XGBoost
9 4 (2.96%) .NET Core
10 3 (2.22%) Matplotlib
10 3 (2.22%) Pandas
10 3 (2.22%) Spring Boot
Miscellaneous
1 37 (27.41%) Data Structures
2 15 (11.11%) Distributed Systems
3 11 (8.15%) Hedge funds
4 10 (7.41%) Derivative
4 10 (7.41%) Equity Derivative
5 6 (4.44%) Fixed Income
6 4 (2.96%) Device Driver
6 4 (2.96%) Self-Motivation
7 3 (2.22%) Blockchain
7 3 (2.22%) Data Protection Act
7 3 (2.22%) Enterprise Software
7 3 (2.22%) Foreign Exchange (FX)
7 3 (2.22%) Management Information System
8 2 (1.48%) CUDA
8 2 (1.48%) Distributed Applications
8 2 (1.48%) FMCG
8 2 (1.48%) Greenfield Project
8 2 (1.48%) PKI
9 1 (0.74%) Product Ownership
9 1 (0.74%) Security Posture
Operating Systems
1 23 (17.04%) Linux
2 7 (5.19%) Unix
3 2 (1.48%) Windows
4 1 (0.74%) Android
Processes & Methodologies
1 56 (41.48%) Computer Science
2 44 (32.59%) Machine Learning
3 38 (28.15%) Software Engineering
4 37 (27.41%) Problem-Solving
5 35 (25.93%) Data Science
6 29 (21.48%) CI/CD
7 28 (20.74%) Validation
8 27 (20.00%) Artificial Intelligence
8 27 (20.00%) Test Automation
9 24 (17.78%) Mathematics
10 23 (17.04%) Analytics
11 20 (14.81%) Agile
11 20 (14.81%) Hardware-in-the-Loop
11 20 (14.81%) Microservices
12 19 (14.07%) Verification and Validation
13 18 (13.33%) Software Architecture
14 17 (12.59%) Data Analysis
15 15 (11.11%) DevOps
16 12 (8.89%) Deep Learning
16 12 (8.89%) Site Reliability Engineering
Programming Languages
1 67 (49.63%) Python
2 33 (24.44%) C++
3 28 (20.74%) Java
4 27 (20.00%) MATLAB
5 22 (16.30%) SQL
6 15 (11.11%) Shell Script
7 11 (8.15%) C#
7 11 (8.15%) JavaScript
8 10 (7.41%) Go
9 8 (5.93%) R
10 6 (4.44%) C
11 5 (3.70%) Scala
12 4 (2.96%) Assembly Language
12 4 (2.96%) Perl
13 3 (2.22%) Bash
14 2 (1.48%) Embedded C++
14 2 (1.48%) PHP
14 2 (1.48%) Rust
14 2 (1.48%) TypeScript
15 1 (0.74%) Solidity
Qualifications
1 32 (23.70%) Degree
2 12 (8.89%) Computer Science Degree
3 9 (6.67%) Master's Degree
4 8 (5.93%) Security Cleared
5 7 (5.19%) PhD
5 7 (5.19%) SC Cleared
6 5 (3.70%) Numerate Degree
7 3 (2.22%) DV Cleared
8 2 (1.48%) ISTQB
Quality Assurance & Compliance
1 4 (2.96%) JTAG
2 3 (2.22%) NCSC
3 2 (1.48%) MiFID
4 1 (0.74%) Disclosure Scotland
System Software
1 12 (8.89%) Docker
2 11 (8.15%) Apache ZooKeeper
3 4 (2.96%) Embedded Firmware
3 4 (2.96%) Firmware
4 1 (0.74%) HDFS
Systems Management
1 24 (17.78%) Kubernetes
2 11 (8.15%) Consul
2 11 (8.15%) Grafana
2 11 (8.15%) Prometheus
3 3 (2.22%) Terraform
4 1 (0.74%) Functional Safety
Vendors
1 22 (16.30%) Microsoft
2 11 (8.15%) SaltStack
3 4 (2.96%) NVIDIA
3 4 (2.96%) Oracle
4 3 (2.22%) Google
4 3 (2.22%) MathWorks
4 3 (2.22%) Sparx
5 2 (1.48%) Salesforce
6 1 (0.74%) Alteryx
6 1 (0.74%) CA Agile Central
6 1 (0.74%) Databricks
6 1 (0.74%) IBM
6 1 (0.74%) SAP