Principal Java Engineer Contracts

Principal Java Engineer
UK

The median Principal Java Engineer daily rate in the UK is £800 according to job vacancies posted during the 6 months to 29 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
29 Apr 2024
Same period 2023 Same period 2022
Rank 598 700 853
Rank change year-on-year +102 +153 -
Contract jobs requiring a Principal Java Engineer 2 13 3
As % of all contract jobs advertised in the UK 0.005% 0.022% 0.003%
As % of the Job Titles category 0.005% 0.023% 0.004%
Number of daily rates quoted 2 12 3
10th Percentile £605 - -
25th Percentile £669 £663 -
Median daily rate (50th Percentile) £800 £725 £600
Median % change year-on-year +10.34% +20.83% -
75th Percentile £944 £788 £644
90th Percentile £1,015 - £670
UK excluding London median daily rate - - £638

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 40,448 56,471 84,729
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.48%
Number of daily rates quoted 26,348 39,474 59,497
10th Percentile £275 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £734
UK excluding London median daily rate £492 £500 £475
% change year-on-year -1.60% +5.26% +11.76%
Number of hourly rates quoted 2,658 1,569 2,098
10th Percentile £12.86 £14.29 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £36.00 £45.00 £23.46
Median % change year-on-year -20.00% +91.86% +3.42%
75th Percentile £60.75 £65.75 £48.94
90th Percentile £72.50 £75.75 £63.36
UK excluding London median hourly rate £38.50 £42.50 £19.50
% change year-on-year -9.41% +117.95% +2.63%

Principal Java Engineer
Job Vacancy Trend

Job postings that featured Principal Java Engineer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Principal Java Engineer in the UK

Principal Java Engineer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Principal Java Engineer.

Daily rate trend for Principal Java Engineer in the UK

Principal Java Engineer
Daily Rate Histogram

Daily rate distribution for jobs citing Principal Java Engineer over the 6 months to 29 April 2024.

Daily rate histogram for Principal Java Engineer in the UK

Principal Java Engineer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Principal Java Engineer.

Hourly rate trend for Principal Java Engineer in the UK

Principal Java Engineer
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Principal Java Engineer within the UK over the 6 months to 29 April 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
London +96 2 £800 +10.34% 1
England +94 2 £800 +10.34% 2

Principal Java Engineer Skill Set
Top 23 Co-occurring Skills and Capabilities

For the 6 months to 29 April 2024, Principal Java 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 Principal Java Engineer in the job title.

1 2 (100.00%) Java
1 2 (100.00%) Software Engineering
2 1 (50.00%) AWS
2 1 (50.00%) C#
2 1 (50.00%) JavaScript
2 1 (50.00%) SQL
2 1 (50.00%) T-SQL
2 1 (50.00%) .NET
2 1 (50.00%) CSS
2 1 (50.00%) Banking
2 1 (50.00%) Artificial Intelligence
2 1 (50.00%) Investment Banking
2 1 (50.00%) Data Governance
2 1 (50.00%) Machine Learning
2 1 (50.00%) Analytics
2 1 (50.00%) TypeScript
2 1 (50.00%) Coaching
2 1 (50.00%) Microservices
2 1 (50.00%) React
2 1 (50.00%) .NET Core
2 1 (50.00%) Legacy Code
2 1 (50.00%) Design Patterns
2 1 (50.00%) LLM

Principal Java 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:

Cloud Services
1 1 (50.00%) AWS
General
1 1 (50.00%) Banking
1 1 (50.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (50.00%) .NET
1 1 (50.00%) .NET Core
1 1 (50.00%) CSS
1 1 (50.00%) React
Miscellaneous
1 1 (50.00%) Legacy Code
Processes & Methodologies
1 2 (100.00%) Software Engineering
2 1 (50.00%) Analytics
2 1 (50.00%) Artificial Intelligence
2 1 (50.00%) Coaching
2 1 (50.00%) Data Governance
2 1 (50.00%) Design Patterns
2 1 (50.00%) LLM
2 1 (50.00%) Machine Learning
2 1 (50.00%) Microservices
Programming Languages
1 2 (100.00%) Java
2 1 (50.00%) C#
2 1 (50.00%) JavaScript
2 1 (50.00%) SQL
2 1 (50.00%) T-SQL
2 1 (50.00%) TypeScript