Software Engineer Contracts in the City of London

Software Engineer
Central London > City of London

The median Software Engineer daily rate in the City of London is £550 according to job vacancies posted during the 6 months to 28 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 93 109 124
Rank change year-on-year +16 +15 -8
Contract jobs requiring a Software Engineer 33 70 70
As % of all contract jobs advertised in the City of London 1.50% 1.92% 1.65%
As % of the Job Titles category 1.58% 2.02% 1.75%
Number of daily rates quoted 16 28 60
10th Percentile £431 £463 £473
25th Percentile £495 £481 £558
Median daily rate (50th Percentile) £550 £600 £675
Median % change year-on-year -8.29% -11.11% +36.71%
75th Percentile £684 £700 £741
90th Percentile £800 £750 £775
Central London median daily rate £500 £600 £675
% change year-on-year -16.67% -11.11% +35.00%
Number of hourly rates quoted 0 1 0
Median hourly rate - £57.50 -
Central London median hourly rate - £57.50 -

All Contract IT Job Vacancies
City of London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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 City of London with a recognized job title 2,091 3,472 4,005
% of contract IT jobs with a recognized job title 94.96% 95.25% 94.48%
Number of daily rates quoted 1,483 2,364 3,018
10th Percentile £350 £350 £363
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £553 £600 £565
Median % change year-on-year -7.92% +6.19% +7.62%
75th Percentile £688 £725 £675
90th Percentile £792 £820 £775
Central London median daily rate £550 £585 £560
% change year-on-year -5.98% +4.46% +6.67%
Number of hourly rates quoted 17 22 51
10th Percentile £16.46 £15.50 £13.88
25th Percentile £20.22 £18.50 £18.50
Median hourly rate £23.00 £35.00 £37.00
Median % change year-on-year -34.29% -5.41% +111.43%
75th Percentile £27.50 £58.75 £51.25
90th Percentile £44.10 £87.97 £62.50
Central London median hourly rate £25.78 £35.00 £37.00
% change year-on-year -26.34% -5.41% +108.60%

Software Engineer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Software Engineer in the City of London

Software Engineer
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Software Engineer in the City of London

Software Engineer
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Software Engineer in the City of London over the 6 months to 28 April 2024.

Daily rate histogram for Software Engineer in the City of London

Software Engineer
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Software Engineer in the City of London

Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities in the City of London

For the 6 months to 28 April 2024, Software Engineer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Software Engineer in the job title.

1 30 (90.91%) Software Engineering
2 15 (45.45%) Python
3 13 (39.39%) Java
4 12 (36.36%) .NET
4 12 (36.36%) Azure
5 11 (33.33%) AWS
5 11 (33.33%) Finance
6 10 (30.30%) C#
6 10 (30.30%) DevOps
6 10 (30.30%) SDLC
7 8 (24.24%) Git
7 8 (24.24%) Problem-Solving
8 7 (21.21%) Kubernetes
8 7 (21.21%) Docker
8 7 (21.21%) Oracle
8 7 (21.21%) SQL Server
8 7 (21.21%) ASP.NET
8 7 (21.21%) Web Services
8 7 (21.21%) Agile
8 7 (21.21%) .NET Framework
9 6 (18.18%) Banking
9 6 (18.18%) Windows
9 6 (18.18%) IIS
9 6 (18.18%) Internet
9 6 (18.18%) Software Deployment
9 6 (18.18%) Azure DevOps
10 5 (15.15%) Social Skills
10 5 (15.15%) Microservices
10 5 (15.15%) SQL
10 5 (15.15%) JIRA

Software Engineer Skill Set
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:

Application Platforms
1 6 (18.18%) IIS
2 1 (3.03%) Apache Spark
2 1 (3.03%) Confluence
Cloud Services
1 12 (36.36%) Azure
2 11 (33.33%) AWS
3 6 (18.18%) Azure DevOps
4 3 (9.09%) GCP
5 2 (6.06%) Amazon EC2
5 2 (6.06%) Amazon S3
5 2 (6.06%) AWS Lambda
5 2 (6.06%) GitHub
5 2 (6.06%) Pulumi
5 2 (6.06%) Serverless
6 1 (3.03%) Amazon CloudWatch
6 1 (3.03%) Amazon Kinesis
6 1 (3.03%) Amazon SQS
6 1 (3.03%) AWS CloudFormation
6 1 (3.03%) Cloud Run
6 1 (3.03%) Datadog
Communications & Networking
1 6 (18.18%) Internet
Database & Business Intelligence
1 7 (21.21%) SQL Server
2 4 (12.12%) NoSQL
3 2 (6.06%) KDB
3 2 (6.06%) MySQL
3 2 (6.06%) PostgreSQL
4 1 (3.03%) DynamoDB
4 1 (3.03%) Relational Database
4 1 (3.03%) Scylla
Development Applications
1 8 (24.24%) Git
2 5 (15.15%) JIRA
3 3 (9.09%) GitLab
3 3 (9.09%) Selenium
4 2 (6.06%) Cucumber
4 2 (6.06%) REST Assured
4 2 (6.06%) SonarQube
5 1 (3.03%) Android Studio
5 1 (3.03%) Gradle
5 1 (3.03%) Jenkins
5 1 (3.03%) JUnit
5 1 (3.03%) Maven
5 1 (3.03%) Spinnaker
5 1 (3.03%) TestNG
General
1 11 (33.33%) Finance
2 6 (18.18%) Banking
3 5 (15.15%) Social Skills
4 4 (12.12%) Analytical Skills
5 2 (6.06%) Investment Banking
5 2 (6.06%) Pharmaceutical
5 2 (6.06%) Public Sector
6 1 (3.03%) Local Government
6 1 (3.03%) Retail
Libraries, Frameworks & Software Standards
1 12 (36.36%) .NET
2 7 (21.21%) .NET Framework
2 7 (21.21%) ASP.NET
2 7 (21.21%) Web Services
3 4 (12.12%) FIX Protocol
3 4 (12.12%) Spring
4 3 (9.09%) Kafka
4 3 (9.09%) React
4 3 (9.09%) REST
4 3 (9.09%) RESTful
5 2 (6.06%) .NET Core
5 2 (6.06%) FastAPI
5 2 (6.06%) Flask
5 2 (6.06%) HTML
5 2 (6.06%) Middleware
5 2 (6.06%) pytest
5 2 (6.06%) Rendezvous
5 2 (6.06%) Spring Boot
5 2 (6.06%) SQLAlchemy
5 2 (6.06%) WebSockets
Miscellaneous
1 2 (6.06%) Foreign Exchange (FX)
1 2 (6.06%) Linux Command Line
1 2 (6.06%) Renewable Energy
2 1 (3.03%) Distributed Architecture
2 1 (3.03%) Distributed Systems
2 1 (3.03%) Hedge funds
2 1 (3.03%) SWIFT Messaging Network
Operating Systems
1 6 (18.18%) Windows
2 4 (12.12%) Linux
3 2 (6.06%) Unix
4 1 (3.03%) Android
Processes & Methodologies
1 30 (90.91%) Software Engineering
2 10 (30.30%) DevOps
2 10 (30.30%) SDLC
3 8 (24.24%) Problem-Solving
4 7 (21.21%) Agile
5 6 (18.18%) Software Deployment
6 5 (15.15%) Microservices
7 4 (12.12%) Software Testing
8 3 (9.09%) CI/CD
8 3 (9.09%) Fintech
8 3 (9.09%) Front End Development
8 3 (9.09%) Mentoring
8 3 (9.09%) SDET
8 3 (9.09%) Test Automation
9 2 (6.06%) Containerisation
9 2 (6.06%) CQRS
9 2 (6.06%) Low Latency
9 2 (6.06%) Machine Learning
9 2 (6.06%) Open Source
9 2 (6.06%) Ultra-Low Latency
Programming Languages
1 15 (45.45%) Python
2 13 (39.39%) Java
3 10 (30.30%) C#
4 5 (15.15%) SQL
5 4 (12.12%) JavaScript
6 3 (9.09%) PowerShell
7 2 (6.06%) C++
7 2 (6.06%) Go
7 2 (6.06%) Kotlin
8 1 (3.03%) Scala
8 1 (3.03%) T-SQL
8 1 (3.03%) TypeScript
Qualifications
1 4 (12.12%) Degree
2 3 (9.09%) SC Cleared
2 3 (9.09%) Security Cleared
3 2 (6.06%) Computer Science Degree
Quality Assurance & Compliance
1 1 (3.03%) ISO 20022
System Software
1 7 (21.21%) Docker
2 1 (3.03%) Virtual Machines
Systems Management
1 7 (21.21%) Kubernetes
2 2 (6.06%) Terraform
Vendors
1 7 (21.21%) Oracle
2 3 (9.09%) Google
3 2 (6.06%) Bloomberg
3 2 (6.06%) Microsoft
3 2 (6.06%) Solace
3 2 (6.06%) TIBCO
4 1 (3.03%) New Relic