Quant Developer
UK
The median Quant Developer daily rate in the UK is £900 according to job vacancies posted during the 6 months to 19 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 19 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 492 | 566 | 727 |
| Rank change year-on-year | +74 | +161 | -147 |
| Contract jobs requiring a Quantitative Developer | 92 | 130 | 119 |
| As % of all contract jobs advertised in the UK | 0.22% | 0.23% | 0.14% |
| As % of the Job Titles category | 0.23% | 0.24% | 0.14% |
| Number of daily rates quoted | 74 | 97 | 108 |
| 10th Percentile | £688 | £675 | £675 |
| 25th Percentile | £753 | £757 | £688 |
| Median daily rate (50th Percentile) | £900 | £850 | £750 |
| Median % change year-on-year | +5.88% | +13.33% | +7.14% |
| 75th Percentile | £1,038 | £950 | £875 |
| 90th Percentile | £1,250 | £1,105 | £913 |
| UK excluding London median daily rate | - | £1,125 | £675 |
| % change year-on-year | - | +66.67% | - |
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 | 39,482 | 54,195 | 83,684 |
| % of contract IT jobs with a recognized job title | 92.78% | 94.61% | 95.39% |
| Number of daily rates quoted | 25,718 | 37,839 | 58,825 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £543 | £525 |
| Median % change year-on-year | -3.23% | +3.33% | +9.38% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,674 | 1,507 | 2,030 |
| 10th Percentile | £12.83 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.21 | £15.90 |
| Median hourly rate | £36.50 | £45.00 | £24.00 |
| Median % change year-on-year | -18.89% | +87.50% | +6.67% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.90 | £76.00 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £20.00 |
| % change year-on-year | -5.88% | +112.50% | +5.26% |
Quantitative Developer
Job Vacancy Trend
Job postings that featured Quantitative Developer in the job title as a proportion of all IT jobs advertised.
Quantitative Developer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Quantitative Developer.
Quantitative Developer
Daily Rate Histogram
Daily rate distribution for jobs citing Quantitative Developer over the 6 months to 19 May 2024.
Quantitative Developer
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Quantitative Developer.
Quantitative Developer
Top 5 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Developer within the UK over the 6 months to 19 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 | +69 | 92 | £900 | +5.88% | 87 |
| London | +65 | 90 | £900 | +5.88% | 85 |
| Work from Home | +109 | 46 | £881 | +0.14% | 28 |
| UK excluding London | +46 | 2 | - | - | 22 |
| South East | +17 | 2 | - | - | 22 |
Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 19 May 2024, Quantitative Developer 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 Quantitative Developer in the job title.
|
|
Quantitative Developer 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:
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||