Algorithm Engineer Contracts

Algorithm Engineer
UK

As of 12 June 2024, there is not enough information available from job vacancies posted within the last 6 months to determine the median Algorithm Engineer daily rate in the UK.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank - - 847
Rank change year-on-year - - -116
Contract jobs requiring an Algorithm Engineer 0 0 1
As % of all contract jobs advertised in the UK - - 0.001%
As % of the Job Titles category - - 0.001%
Number of daily rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £775
Median daily rate (50th Percentile) - - £800
75th Percentile - - £825
90th Percentile - - -
UK excluding London median daily rate - - -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,557 52,491 83,111
% of contract IT jobs with a recognized job title 92.86% 94.51% 95.34%
Number of daily rates quoted 26,070 36,644 58,616
10th Percentile £280 £313 £318
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.42% +2.48% +6.06%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +8.57%
Number of hourly rates quoted 2,936 1,486 1,938
10th Percentile £12.86 £14.25 £12.75
25th Percentile £16.30 £19.42 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +16.28%
75th Percentile £61.81 £65.75 £50.00
90th Percentile £73.75 £77.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +7.82%

Algorithm Engineer
Job Vacancy Trend

Job postings that featured Algorithm Engineer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Algorithm Engineer in the UK

Algorithm Engineer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Algorithm Engineer.

Daily rate trend for Algorithm Engineer in the UK

Algorithm Engineer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Algorithm Engineer.

Hourly rate trend for Algorithm Engineer in the UK