Software Engineer
UK
The median Software Engineer daily rate in the UK is £625 according to job vacancies posted during the 6 months to 8 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 8 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 82 | 146 | 130 |
| Rank change year-on-year | +64 | -16 | +6 |
| Contract jobs requiring a Software Engineer | 1,090 | 1,070 | 1,791 |
| As % of all contract jobs advertised in the UK | 2.53% | 1.84% | 2.04% |
| As % of the Job Titles category | 2.73% | 1.95% | 2.13% |
| Number of daily rates quoted | 564 | 666 | 1,201 |
| 10th Percentile | £425 | £438 | £413 |
| 25th Percentile | £500 | £500 | £492 |
| Median daily rate (50th Percentile) | £625 | £590 | £580 |
| Median % change year-on-year | +5.93% | +1.72% | +16.00% |
| 75th Percentile | £750 | £675 | £693 |
| 90th Percentile | £850 | £750 | £750 |
| UK excluding London median daily rate | £525 | £538 | £513 |
| % change year-on-year | -2.42% | +4.98% | +13.89% |
| Number of hourly rates quoted | 334 | 137 | 149 |
| 10th Percentile | £46.25 | £46.25 | £42.50 |
| 25th Percentile | £52.50 | £53.75 | £48.50 |
| Median hourly rate | £63.27 | £62.50 | £57.50 |
| Median % change year-on-year | +1.23% | +8.70% | +27.78% |
| 75th Percentile | £70.00 | £70.00 | £62.50 |
| 90th Percentile | £80.00 | £77.00 | £66.01 |
| UK excluding London median hourly rate | £64.04 | £65.00 | £60.00 |
| % change year-on-year | -1.48% | +8.33% | +33.33% |
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 | 39,991 | 54,978 | 83,963 |
| % of contract IT jobs with a recognized job title | 92.74% | 94.64% | 95.46% |
| Number of daily rates quoted | 26,011 | 38,395 | 59,001 |
| 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% | +10.53% |
| 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 | 2,675 | 1,545 | 2,052 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.28 | £19.25 | £15.63 |
| Median hourly rate | £36.65 | £45.00 | £23.91 |
| Median % change year-on-year | -18.56% | +88.21% | +6.27% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.74 | £76.40 | £63.75 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £19.52 |
| % change year-on-year | -5.88% | +117.73% | +2.74% |
Software Engineer
Job Vacancy Trend
Job postings that featured Software Engineer in the job title as a proportion of all IT jobs advertised.
Software Engineer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Software Engineer.
Software Engineer
Daily Rate Histogram
Daily rate distribution for jobs citing Software Engineer over the 6 months to 8 May 2024.
Software Engineer
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Software Engineer.
Software Engineer
Hourly Rate Histogram
Hourly rate distribution of jobs citing Software Engineer over the 6 months to 8 May 2024.
Software Engineer
Top 17 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Software Engineer within the UK over the 6 months to 8 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 | +63 | 1,009 | £638 | +8.05% | 1,262 |
| UK excluding London | +73 | 549 | £525 | -2.42% | 889 |
| London | +47 | 442 | £675 | +8.00% | 465 |
| Work from Home | +38 | 367 | £650 | +13.04% | 830 |
| East of England | +31 | 154 | £550 | +10.00% | 132 |
| South East | +32 | 138 | £450 | -13.88% | 201 |
| North of England | +69 | 114 | £525 | -8.70% | 161 |
| South West | +20 | 99 | £550 | +4.76% | 168 |
| North West | +72 | 84 | £550 | -5.78% | 99 |
| Scotland | +40 | 27 | £326 | -30.56% | 80 |
| Yorkshire | +24 | 17 | £350 | -33.33% | 52 |
| North East | +14 | 13 | £390 | -38.82% | 14 |
| Midlands | -19 | 9 | £525 | -2.42% | 131 |
| Wales | +15 | 6 | £458 | -22.95% | 15 |
| West Midlands | -18 | 6 | £500 | -7.41% | 71 |
| East Midlands | +13 | 3 | £575 | +35.29% | 60 |
| Northern Ireland | +9 | 3 | £675 | - | 17 |
Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 8 May 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 featuring Software Engineer in the job title.
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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:
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