Ultra-Low Latency
UK
The following table provides summary statistics for contract job vacancies with a requirement for Ultra-Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Ultra-Low Latency over the 6 months to 7 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 7 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 576 | 684 | 831 |
| Rank change year-on-year | +108 | +147 | -141 |
| Contract jobs citing Ultra-Low Latency | 9 | 9 | 18 |
| As % of all contract jobs advertised in the UK | 0.021% | 0.015% | 0.020% |
| As % of the Processes & Methodologies category | 0.024% | 0.017% | 0.023% |
| Number of daily rates quoted | 9 | 9 | 17 |
| 10th Percentile | £746 | £675 | £517 |
| 25th Percentile | £780 | £725 | £738 |
| Median daily rate (50th Percentile) | £850 | £800 | £825 |
| Median % change year-on-year | +6.25% | -3.03% | +13.79% |
| 75th Percentile | £875 | £950 | £888 |
| 90th Percentile | - | £975 | £950 |
| UK excluding London median daily rate | £780 | - | £455 |
| Number of hourly rates quoted | 0 | 0 | 1 |
| Median hourly rate | - | - | £49.54 |
| UK excluding London median hourly rate | - | - | £49.54 |
All Process and Methodology Skills
UK
Ultra-Low Latency is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 36,956 | 52,182 | 79,685 |
| As % of all contract IT jobs advertised in the UK | 86.29% | 89.83% | 90.59% |
| Number of daily rates quoted | 23,793 | 36,175 | 55,967 |
| 10th Percentile | £300 | £325 | £341 |
| 25th Percentile | £413 | £438 | £426 |
| Median daily rate (50th Percentile) | £525 | £550 | £530 |
| Median % change year-on-year | -4.55% | +3.77% | +8.72% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £475 |
| % change year-on-year | - | +5.26% | +8.57% |
| Number of hourly rates quoted | 2,422 | 1,727 | 1,890 |
| 10th Percentile | £12.75 | £11.00 | £12.50 |
| 25th Percentile | £16.00 | £16.25 | £15.50 |
| Median hourly rate | £36.50 | £36.00 | £25.00 |
| Median % change year-on-year | +1.39% | +44.00% | +2.04% |
| 75th Percentile | £60.00 | £65.00 | £49.25 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £37.50 | £35.00 | £20.00 |
| % change year-on-year | +7.14% | +75.00% | -6.98% |
Ultra-Low Latency
Job Vacancy Trend
Job postings citing Ultra-Low Latency as a proportion of all IT jobs advertised.
Ultra-Low Latency
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Ultra-Low Latency.
Ultra-Low Latency
Daily Rate Histogram
Daily rate distribution for jobs citing Ultra-Low Latency over the 6 months to 7 May 2024.
Ultra-Low Latency
Top 4 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Ultra-Low Latency within the UK over the 6 months to 7 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 | +100 | 6 | £850 | +6.25% | 13 |
| London | +86 | 6 | £850 | +6.25% | 12 |
| Scotland | - | 3 | £780 | - | |
| UK excluding London | - | 3 | £780 | - | 1 |
Ultra-Low Latency
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: