Lotus Formula Language
Central London > City of London
The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Formula Language skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Formula Language over the 6 months to 26 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 26 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 171 | 197 |
| Rank change year-on-year | - | +26 | - |
| Contract jobs citing Formula Language | 0 | 1 | 1 |
| As % of all contract jobs advertised in the City of London | - | 0.027% | 0.024% |
| As % of the Programming Languages category | - | 0.062% | 0.052% |
| Number of daily rates quoted | 0 | 1 | 1 |
| 10th Percentile | - | - | - |
| 25th Percentile | - | £525 | £525 |
| Median daily rate (50th Percentile) | - | £550 | £550 |
| 75th Percentile | - | £575 | £575 |
| 90th Percentile | - | - | - |
| Central London median daily rate | - | £550 | £550 |
All Programming Languages
City of London
Formula Language is in the Programming Languages category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for coding skills.
| Contract vacancies with a requirement for coding skills | 749 | 1,602 | 1,908 |
| As % of all contract IT jobs advertised in the City of London | 33.85% | 43.82% | 45.11% |
| Number of daily rates quoted | 533 | 1,044 | 1,481 |
| 10th Percentile | £413 | £425 | £419 |
| 25th Percentile | £463 | £513 | £506 |
| Median daily rate (50th Percentile) | £575 | £625 | £598 |
| Median % change year-on-year | -8.00% | +4.60% | +8.64% |
| 75th Percentile | £695 | £738 | £700 |
| 90th Percentile | £788 | £825 | £800 |
| Central London median daily rate | £565 | £617 | £600 |
| % change year-on-year | -8.45% | +2.86% | +9.09% |
| Number of hourly rates quoted | 1 | 9 | 10 |
| 10th Percentile | - | £35.00 | £43.45 |
| 25th Percentile | £46.75 | £51.25 | £46.50 |
| Median hourly rate | £48.50 | £57.50 | £56.00 |
| Median % change year-on-year | -15.65% | +2.68% | +86.82% |
| 75th Percentile | £50.25 | £58.75 | £69.25 |
| 90th Percentile | - | £84.00 | £77.63 |
| Central London median hourly rate | £48.50 | £57.50 | £56.00 |
| % change year-on-year | -15.65% | +2.68% | +138.81% |
Formula Language
Job Vacancy Trend in the City of London
Job postings citing Formula Language as a proportion of all IT jobs advertised in the City of London.
Formula Language
Contractor Daily Rate Trend in the City of London
3-month moving average daily rate quoted in jobs citing Formula Language in the City of London.