Fixed Income Contracts with Work from Home Options

Fixed Income
UK > Work from Home

The table below looks at the prevalence of the term Fixed Income in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 7 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
7 May 2024
Same period 2023 Same period 2022
Rank 147 251 394
Rank change year-on-year +104 +143 -9
Contract jobs citing Fixed Income 210 229 239
As % of all contract jobs with a WFH option 1.40% 0.91% 0.54%
As % of the Miscellaneous category 4.89% 2.90% 1.72%
Number of daily rates quoted 200 196 172
10th Percentile £650 £475 £478
25th Percentile £697 £581 £626
Median daily rate (50th Percentile) £800 £725 £750
Median % change year-on-year +10.34% -3.33% +15.38%
75th Percentile £888 £851 £838
90th Percentile £1,000 £950 £886
UK median daily rate £750 £725 £700
% change year-on-year +3.45% +3.57% +7.69%

All Generic Skills
Work from Home

Fixed Income is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,296 7,910 13,903
As % of all contract jobs with a WFH option 28.60% 31.48% 31.44%
Number of daily rates quoted 2,934 5,561 9,934
10th Percentile £325 £363 £360
25th Percentile £431 £454 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £684 £650
90th Percentile £800 £792 £750
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 190 154 221
10th Percentile £15.49 £19.00 £12.21
25th Percentile £25.50 £25.75 £20.75
Median hourly rate £51.00 £55.00 £44.50
Median % change year-on-year -7.27% +23.60% +28.99%
75th Percentile £65.20 £70.00 £57.50
90th Percentile £72.50 £85.00 £66.00
UK median hourly rate £30.16 £22.49 £27.50
% change year-on-year +34.13% -18.24% +4.90%

Fixed Income
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Fixed Income as a proportion of all IT jobs advertised.

Fixed Income trend for jobs with a WFH option

Fixed Income
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Fixed Income.

Fixed Income daily rate for jobs with a WFH option

Fixed Income
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Fixed Income over the 6 months to 7 May 2024.

Fixed Income daily rate histogram for jobs with a WFH option

Fixed Income
Co-occurring Skills and Capabilities with WFH Options 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 91 (43.33%) Apache Airflow
2 83 (39.52%) Apache
3 4 (1.90%) Confluence
4 2 (0.95%) Microsoft Exchange
Applications
1 15 (7.14%) Microsoft Excel
2 8 (3.81%) Microsoft PowerPoint
3 4 (1.90%) Microsoft Office
3 4 (1.90%) Microsoft Project
3 4 (1.90%) MS Visio
4 1 (0.48%) Spreadsheet
Business Applications
1 4 (1.90%) Loan IQ
2 2 (0.95%) Orchestrade
2 2 (0.95%) RMDS
3 1 (0.48%) ION MarketView
Cloud Services
1 130 (61.90%) AWS
2 82 (39.05%) GCP
3 79 (37.62%) dbt
4 64 (30.48%) Snowflake
5 25 (11.90%) Azure
Communications & Networking
1 5 (2.38%) FIX Connectivity
Database & Business Intelligence
1 82 (39.05%) Apache Ignite
2 79 (37.62%) Amazon Athena
2 79 (37.62%) Apache Arrow
2 79 (37.62%) Dremio
3 64 (30.48%) Data Lake
4 4 (1.90%) Relational Database
5 2 (0.95%) Data Mart
5 2 (0.95%) KDB
5 2 (0.95%) PostgreSQL
5 2 (0.95%) SQL Server
6 1 (0.48%) MongoDB
6 1 (0.48%) MySQL
Development Applications
1 12 (5.71%) Git
2 8 (3.81%) git-flow
3 4 (1.90%) JIRA
3 4 (1.90%) TeamCity
3 4 (1.90%) Visual Studio
General
1 169 (80.48%) Finance
2 164 (78.10%) Front Office
3 122 (58.10%) Banking
4 105 (50.00%) Investment Banking
5 15 (7.14%) Social Skills
6 12 (5.71%) Financial Institution
7 10 (4.76%) Analytical Skills
8 7 (3.33%) Marketing
9 4 (1.90%) Public Sector
Job Titles
1 112 (53.33%) Developer
2 73 (34.76%) Software Engineer
3 51 (24.29%) Developer/Software Engineer
4 45 (21.43%) Senior
5 43 (20.48%) Python Developer
6 38 (18.10%) Python Engineer
6 38 (18.10%) Python Software Engineer
7 37 (17.62%) Lead
8 33 (15.71%) Java Developer
9 31 (14.76%) Quantitative Developer
10 30 (14.29%) Senior Software Engineer
11 29 (13.81%) Finance Manager
12 28 (13.33%) AWS Engineer
12 28 (13.33%) AWS Software Engineer
13 27 (12.86%) Analyst
13 27 (12.86%) Java Engineer
14 26 (12.38%) Java Software Engineer
15 24 (11.43%) React Developer
15 24 (11.43%) Software Developer
16 23 (10.95%) Team Leader
Libraries, Frameworks & Software Standards
1 91 (43.33%) gRPC
1 91 (43.33%) Protocol Buffers
2 83 (39.52%) Pandas
3 76 (36.19%) NumPy
3 76 (36.19%) SciPy
4 54 (25.71%) React
5 32 (15.24%) Redux
6 24 (11.43%) Node.js
7 23 (10.95%) Material-UI
8 20 (9.52%) FIX Protocol
9 18 (8.57%) AngularJS
10 13 (6.19%) CSS
11 12 (5.71%) Vue
12 10 (4.76%) WPF
13 9 (4.29%) GraphQL
14 8 (3.81%) Jest
14 8 (3.81%) LESS
14 8 (3.81%) OpenFin
14 8 (3.81%) Sass
14 8 (3.81%) WebSockets
Miscellaneous
1 124 (59.05%) Derivative
2 116 (55.24%) Equities
3 107 (50.95%) Hedge funds
4 104 (49.52%) Foreign Exchange (FX)
5 16 (7.62%) Product Ownership
6 8 (3.81%) Enterprise Software
7 6 (2.86%) Algorithms
7 6 (2.86%) Greenfield Project
7 6 (2.86%) Pricing Data
8 4 (1.90%) Distributed Computing
9 2 (0.95%) Credit Derivative
9 2 (0.95%) Distributed Systems
9 2 (0.95%) Equity Derivative
10 1 (0.48%) Data Structures
10 1 (0.48%) Legacy Systems
Operating Systems
1 8 (3.81%) Unix
2 4 (1.90%) Linux
2 4 (1.90%) Windows
Processes & Methodologies
1 139 (66.19%) Agile
2 132 (62.86%) Asset Management
3 125 (59.52%) Software Engineering
4 110 (52.38%) Investment Management
5 38 (18.10%) Analytics
6 37 (17.62%) Electronic Trading
7 30 (14.29%) Line Management
8 28 (13.33%) Greeks
9 24 (11.43%) User Experience
10 22 (10.48%) Front End Development
11 21 (10.00%) Fintech
11 21 (10.00%) Performance Attribution
12 18 (8.57%) Product Management
13 17 (8.10%) Quantitative Research
14 16 (7.62%) Full Stack Development
15 14 (6.67%) Algorithmic Trading
16 12 (5.71%) Artificial Intelligence
16 12 (5.71%) Machine Learning
16 12 (5.71%) Mathematics
17 11 (5.24%) Problem-Solving
Programming Languages
1 144 (68.57%) Python
2 119 (56.67%) Java
3 113 (53.81%) JavaScript
4 111 (52.86%) TypeScript
5 29 (13.81%) SQL
6 22 (10.48%) C#
7 16 (7.62%) R
8 9 (4.29%) Kotlin
8 9 (4.29%) Scala
9 7 (3.33%) C++
10 6 (2.86%) Ruby
10 6 (2.86%) VBA
11 4 (1.90%) Perl
11 4 (1.90%) Shell Script
Qualifications
1 20 (9.52%) Degree
2 9 (4.29%) Numerate Degree
3 6 (2.86%) Computer Science Degree
4 4 (1.90%) APMP
5 3 (1.43%) Master's Degree
Quality Assurance & Compliance
1 28 (13.33%) Data Quality
2 4 (1.90%) PMO
2 4 (1.90%) QA
3 2 (0.95%) MiFID
Vendors
1 19 (9.05%) Bloomberg
2 10 (4.76%) ION Trading
3 5 (2.38%) MarketAxess
3 5 (2.38%) Tradeweb
4 4 (1.90%) Microsoft
5 2 (0.95%) Murex
5 2 (0.95%) Oracle
5 2 (0.95%) Solace