RAD Contracts in the City of London

Rapid Application Development (RAD)
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 RAD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RAD over the 6 months to 1 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 May 2024
Same period 2023 Same period 2022
Rank 123 163 186
Rank change year-on-year +40 +23 -36
Contract jobs citing RAD 3 9 2
As % of all contract jobs advertised in the City of London 0.14% 0.25% 0.047%
As % of the Processes & Methodologies category 0.15% 0.27% 0.052%
Number of daily rates quoted 2 9 2
10th Percentile £638 £610 £459
25th Percentile £658 £613 £509
Median daily rate (50th Percentile) £703 £675 £613
Median % change year-on-year +4.15% +10.20% +11.36%
75th Percentile £736 £738 £709
90th Percentile £748 - £756
Central London median daily rate £703 £675 £613
% change year-on-year +4.15% +10.20% +11.36%

All Process and Methodology Skills
City of London

RAD is in the Processes and Methodologies 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 process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 1,989 3,335 3,878
As % of all contract IT jobs advertised in the City of London 90.53% 91.72% 91.74%
Number of daily rates quoted 1,408 2,250 2,941
10th Percentile £363 £356 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £565 £600 £575
Median % change year-on-year -5.83% +4.35% +9.52%
75th Percentile £688 £730 £675
90th Percentile £813 £825 £775
Central London median daily rate £550 £600 £570
% change year-on-year -8.33% +5.26% +8.57%
Number of hourly rates quoted 11 24 42
10th Percentile £19.92 £15.33 £18.50
25th Percentile £20.22 £18.03 £24.25
Median hourly rate £25.00 £35.00 £41.00
Median % change year-on-year -28.57% -14.63% +128.09%
75th Percentile £40.00 £58.75 £52.50
90th Percentile £41.84 £88.30 £65.43
Central London median hourly rate £27.81 £35.00 £41.00
% change year-on-year -20.54% -14.63% +105.00%

RAD
Job Vacancy Trend in the City of London

Job postings citing RAD as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for RAD in the City of London

RAD
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for RAD in the City of London

RAD
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing RAD in the City of London.

Hourly rate trend for RAD in the City of London

RAD
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:

Business Applications
1 1 (33.33%) Loan IQ
General
1 3 (100.00%) Social Skills
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Finance
3 1 (33.33%) Banking
3 1 (33.33%) Financial Institution
3 1 (33.33%) Front Office
3 1 (33.33%) Investment Banking
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Business Analyst
1 1 (33.33%) Business IT Analyst
1 1 (33.33%) Consultant
1 1 (33.33%) Developer
1 1 (33.33%) Front Office Developer
1 1 (33.33%) Investment Banking Java Developer
1 1 (33.33%) IT Analyst
1 1 (33.33%) IT Business Analyst
1 1 (33.33%) Java Developer
Libraries, Frameworks & Software Standards
1 1 (33.33%) .NET
Miscellaneous
1 1 (33.33%) Cloud Native
1 1 (33.33%) Derivative
1 1 (33.33%) Equities
1 1 (33.33%) Spread Betting
Operating Systems
1 1 (33.33%) Linux
1 1 (33.33%) Windows
Processes & Methodologies
1 2 (66.67%) Agile
1 2 (66.67%) Data Modelling
1 2 (66.67%) Waterfall
2 1 (33.33%) Analytical Thinking
2 1 (33.33%) Business Process Modelling
2 1 (33.33%) Change Management
2 1 (33.33%) CI/CD
2 1 (33.33%) Continuous Deployment
2 1 (33.33%) Continuous Integration
2 1 (33.33%) Data Migration
2 1 (33.33%) DSDM
2 1 (33.33%) Migration
2 1 (33.33%) Quantitative Research
2 1 (33.33%) Risk Assessment
2 1 (33.33%) SSADM
2 1 (33.33%) UML
2 1 (33.33%) Use Case
Programming Languages
1 1 (33.33%) C#
1 1 (33.33%) Java
1 1 (33.33%) SQL
Vendors
1 1 (33.33%) IBM