Web3 Contracts in London

Web3
England > London

The table below looks at the prevalence of the term Web3 in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Web3 over the 6 months to 5 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 379 488 584
Rank change year-on-year +109 +96 -
Contract jobs citing Web3 9 13 24
As % of all contract jobs advertised in London 0.051% 0.049% 0.062%
As % of the Miscellaneous category 0.15% 0.14% 0.17%
Number of daily rates quoted 4 12 20
10th Percentile £546 £419 £387
25th Percentile £653 £503 £513
Median daily rate (50th Percentile) £725 £700 £675
Median % change year-on-year +3.57% +3.70% -
75th Percentile £738 £728 £900
90th Percentile - £805 -
England median daily rate £500 £700 £675
% change year-on-year -28.57% +3.70% -

All Generic Skills
London

Web3 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 advertised in London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 5,871 9,582 14,243
As % of all contract IT jobs advertised in London 33.18% 35.83% 36.57%
Number of daily rates quoted 4,155 6,876 10,380
10th Percentile £312 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £580 £600 £600
Median % change year-on-year -3.33% - +9.09%
75th Percentile £725 £743 £713
90th Percentile £850 £838 £800
England median daily rate £550 £573 £550
% change year-on-year -3.93% +4.09% +10.00%
Number of hourly rates quoted 156 114 197
10th Percentile £15.50 £19.10 £18.30
25th Percentile £18.90 £21.25 £23.91
Median hourly rate £26.00 £35.00 £43.75
Median % change year-on-year -25.71% -20.00% +32.58%
75th Percentile £47.81 £64.88 £54.38
90th Percentile £67.88 £84.63 £71.85
England median hourly rate £31.50 £22.49 £26.50
% change year-on-year +40.09% -15.15% +1.09%

Web3
Job Vacancy Trend in London

Job postings citing Web3 as a proportion of all IT jobs advertised in London.

Job vacancy trend for Web3 in London

Web3
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Web3 in London.

Daily rate trend for Web3 in London

Web3
Daily Rate Histogram in London

Daily rate distribution for jobs citing Web3 in London over the 6 months to 5 May 2024.

Daily rate histogram for Web3 in London

Web3
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Web3 within the London region over the 6 months to 5 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London +38 2 £500 -18.37% 4
Web3
England

Web3
Co-occurring Skills and Capabilities in 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 7 (77.78%) Distributed Ledger
Cloud Services
1 1 (11.11%) AWS
1 1 (11.11%) GCP
Communications & Networking
1 3 (33.33%) Internet
Database & Business Intelligence
1 1 (11.11%) NoSQL
General
1 6 (66.67%) Social Skills
2 5 (55.56%) Finance
3 3 (33.33%) Public Sector
4 2 (22.22%) Financial Institution
5 1 (11.11%) Banking
Job Titles
1 7 (77.78%) Architect
2 6 (66.67%) Solutions Architect
3 3 (33.33%) Developer
4 2 (22.22%) Blockchain Architect
4 2 (22.22%) Blockchain Developer
4 2 (22.22%) Digital Architect
5 1 (11.11%) Digital Developer
5 1 (11.11%) Digital Solutions Architect
5 1 (11.11%) JavaScript Developer
5 1 (11.11%) Senior
5 1 (11.11%) Senior Architect
5 1 (11.11%) Senior Developer
5 1 (11.11%) Senior Digital Architect
5 1 (11.11%) Web Architect
Libraries, Frameworks & Software Standards
1 2 (22.22%) Node.js
1 2 (22.22%) web3js
2 1 (11.11%) Next.js
2 1 (11.11%) React
Miscellaneous
1 9 (100.00%) Blockchain
2 6 (66.67%) CBDC
3 3 (33.33%) IoT
4 1 (11.11%) Data Protection Act
4 1 (11.11%) Enterprise Software
Processes & Methodologies
1 7 (77.78%) DeFi
2 5 (55.56%) Fintech
2 5 (55.56%) Translating Business Requirements
3 4 (44.44%) Collaborative Working
3 4 (44.44%) Cryptography
4 3 (33.33%) API Development
4 3 (33.33%) Computer Science
4 3 (33.33%) Data Science
4 3 (33.33%) Mathematics
4 3 (33.33%) Regtech
5 2 (22.22%) Agile
5 2 (22.22%) Mentoring
6 1 (11.11%) BDD
6 1 (11.11%) Cryptocurrency
6 1 (11.11%) Data Protection
6 1 (11.11%) Microservices
6 1 (11.11%) TDD
6 1 (11.11%) Use Case
Programming Languages
1 2 (22.22%) JavaScript
2 1 (11.11%) Java
2 1 (11.11%) Python
2 1 (11.11%) Solidity
2 1 (11.11%) SQL
2 1 (11.11%) TypeScript
Qualifications
1 6 (66.67%) SC Cleared
1 6 (66.67%) Security Cleared
2 3 (33.33%) Computer Science Degree
2 3 (33.33%) Degree