Developer/Software Engineer Contracts

Software Engineer/Developer
UK

The median Software Engineer/Developer daily rate in the UK is £725 according to job vacancies posted during the 6 months to 24 May 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
24 May 2024
Same period 2023 Same period 2022
Rank 403 567 466
Rank change year-on-year +164 -101 +70
Contract jobs requiring a Developer/Software Engineer 166 128 412
As % of all contract jobs advertised in the UK 0.39% 0.23% 0.47%
As % of the Job Titles category 0.42% 0.24% 0.49%
Number of daily rates quoted 162 111 365
10th Percentile £538 £438 £438
25th Percentile £581 £481 £538
Median daily rate (50th Percentile) £725 £600 £600
Median % change year-on-year +20.83% - -2.04%
75th Percentile £800 £738 £700
90th Percentile £888 £788 £745
UK excluding London median daily rate £600 £543 £600
% change year-on-year +10.50% -9.50% +14.29%
Number of hourly rates quoted 2 0 0
Median hourly rate £80.00 - -
UK excluding London median hourly rate £80.00 - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes 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 39,539 53,460 83,539
% of contract IT jobs with a recognized job title 92.80% 94.63% 95.37%
Number of daily rates quoted 25,741 37,320 58,759
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +8.25%
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% +11.44%
Number of hourly rates quoted 2,737 1,489 2,014
10th Percentile £12.82 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £36.50 £45.00 £24.00
Median % change year-on-year -18.89% +87.50% +6.90%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.50 £75.99 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Developer/Software Engineer
Job Vacancy Trend

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

Job vacancy trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Developer/Software Engineer.

Daily rate trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Daily Rate Histogram

Daily rate distribution for jobs citing Developer/Software Engineer over the 6 months to 24 May 2024.

Daily rate histogram for Developer/Software Engineer in the UK

Developer/Software Engineer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Developer/Software Engineer.

Hourly rate trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Developer/Software Engineer within the UK over the 6 months to 24 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
England +145 166 £725 +20.83% 17
London +144 157 £725 +16.00% 6
Work from Home +80 66 £750 +25.00% 15
UK excluding London +34 9 £600 +10.50% 13
East of England +14 7 £600 +20.00% 4
North of England +31 1 £350 - 3
South East +12 1 £675 +22.73% 4
Yorkshire - 1 £350 -

Developer/Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 24 May 2024, Developer/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 featuring Developer/Software Engineer in the job title.

1 164 (98.80%) Software Engineering
2 154 (92.77%) AWS
3 153 (92.17%) GCP
4 152 (91.57%) Finance
5 150 (90.36%) Asset Management
5 150 (90.36%) Front Office
5 150 (90.36%) TypeScript
6 147 (88.55%) Fixed Income
6 147 (88.55%) Agile
7 129 (77.71%) Python
8 128 (77.11%) Investment Management
9 121 (72.89%) Protocol Buffers
9 121 (72.89%) React
9 121 (72.89%) gRPC
9 121 (72.89%) Apache Airflow
10 115 (69.28%) Apache Ignite
10 115 (69.28%) Hedge funds
10 115 (69.28%) Apache
11 110 (66.27%) Redux
12 103 (62.05%) Full Stack Development
13 99 (59.64%) Banking
14 98 (59.04%) Azure
15 90 (54.22%) Equities
16 87 (52.41%) JavaScript
17 78 (46.99%) Material-UI
18 68 (40.96%) Google
19 66 (39.76%) PostgreSQL
20 65 (39.16%) Artificial Intelligence
20 65 (39.16%) Machine Learning
20 65 (39.16%) Automated Trading

Developer/Software Engineer Skill Set
Co-occurring Skills and Capabilities 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
1 121 (72.89%) Apache Airflow
2 115 (69.28%) Apache
3 1 (0.60%) JBoss
Cloud Services
1 154 (92.77%) AWS
2 153 (92.17%) GCP
3 98 (59.04%) Azure
4 42 (25.30%) dbt
5 24 (14.46%) Snowflake
6 4 (2.41%) GitHub
7 2 (1.20%) Amazon EC2
7 2 (1.20%) Amazon S3
7 2 (1.20%) AWS Lambda
7 2 (1.20%) Serverless
8 1 (0.60%) Azure DevOps
Communications & Networking
1 2 (1.20%) Firewall
1 2 (1.20%) VPN
Database & Business Intelligence
1 115 (69.28%) Apache Ignite
2 66 (39.76%) PostgreSQL
3 42 (25.30%) Amazon Athena
3 42 (25.30%) Apache Arrow
3 42 (25.30%) Dremio
4 24 (14.46%) Data Lake
5 1 (0.60%) Flink
Development Applications
1 47 (28.31%) Cypress.io
2 4 (2.41%) Git
3 3 (1.81%) Jenkins
4 2 (1.20%) Cucumber
4 2 (1.20%) REST Assured
4 2 (1.20%) Selenium
General
1 152 (91.57%) Finance
2 150 (90.36%) Front Office
3 99 (59.64%) Banking
4 34 (20.48%) Investment Banking
5 5 (3.01%) Manufacturing
6 1 (0.60%) Analytical Skills
6 1 (0.60%) Social Skills
Libraries, Frameworks & Software Standards
1 121 (72.89%) gRPC
1 121 (72.89%) Protocol Buffers
1 121 (72.89%) React
2 110 (66.27%) Redux
3 78 (46.99%) Material-UI
4 48 (28.92%) Pandas
5 42 (25.30%) NumPy
5 42 (25.30%) SciPy
6 25 (15.06%) .NET
7 24 (14.46%) Node.js
8 22 (13.25%) Vue
9 21 (12.65%) AngularJS
10 17 (10.24%) .NET Core
11 7 (4.22%) ASP.NET
11 7 (4.22%) ASP.NET Core
11 7 (4.22%) GraphQL
12 2 (1.20%) .NET Framework
12 2 (1.20%) CSS
12 2 (1.20%) HTML
13 1 (0.60%) Kafka
Miscellaneous
1 147 (88.55%) Fixed Income
2 115 (69.28%) Hedge funds
3 90 (54.22%) Equities
4 56 (33.73%) Derivative
4 56 (33.73%) Foreign Exchange (FX)
5 1 (0.60%) SWIFT Messaging Network
Operating Systems
1 1 (0.60%) Unix
Processes & Methodologies
1 164 (98.80%) Software Engineering
2 150 (90.36%) Asset Management
3 147 (88.55%) Agile
4 128 (77.11%) Investment Management
5 103 (62.05%) Full Stack Development
6 65 (39.16%) Artificial Intelligence
6 65 (39.16%) Automated Trading
6 65 (39.16%) Machine Learning
7 45 (27.11%) Fintech
8 25 (15.06%) DevOps
8 25 (15.06%) TDD
9 24 (14.46%) Analytics
9 24 (14.46%) Line Management
10 23 (13.86%) Performance Attribution
11 11 (6.63%) Front End Development
12 8 (4.82%) Credit Risk Analysis
12 8 (4.82%) User Experience
13 7 (4.22%) Data Architecture
13 7 (4.22%) Risk Analytics
14 5 (3.01%) Test Automation
Programming Languages
1 150 (90.36%) TypeScript
2 129 (77.71%) Python
3 87 (52.41%) JavaScript
4 44 (26.51%) Java
5 26 (15.66%) C#
6 21 (12.65%) SQL
7 7 (4.22%) Kotlin
8 5 (3.01%) Ruby
8 5 (3.01%) Scala
9 3 (1.81%) Bash
10 1 (0.60%) PowerShell
10 1 (0.60%) Shell Script
Qualifications
1 3 (1.81%) Security Cleared
2 2 (1.20%) DV Cleared
3 1 (0.60%) Degree
3 1 (0.60%) SC Cleared
Quality Assurance & Compliance
1 23 (13.86%) QA
2 1 (0.60%) SEPA
System Software
1 3 (1.81%) zsh
2 1 (0.60%) Active Directory
2 1 (0.60%) Docker
Systems Management
1 1 (0.60%) Kubernetes
1 1 (0.60%) Terraform
Vendors
1 68 (40.96%) Google
2 2 (1.20%) Microsoft
3 1 (0.60%) IBM
3 1 (0.60%) Oracle
3 1 (0.60%) Temenos