RAD Contracts with Work from Home Options

Rapid Application Development (RAD)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for RAD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RAD over the 6 months to 10 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 324 459 602
Rank change year-on-year +135 +143 -138
Contract jobs citing RAD 23 7 20
As % of all contract jobs with a WFH option 0.15% 0.028% 0.046%
As % of the Processes & Methodologies category 0.17% 0.031% 0.050%
Number of daily rates quoted 22 7 9
10th Percentile - £406 -
25th Percentile - £481 £600
Median daily rate (50th Percentile) £600 £570 £725
Median % change year-on-year +5.26% -21.38% +31.82%
75th Percentile £673 £648 £750
90th Percentile £712 £755 £751
UK median daily rate £600 £675 £683
% change year-on-year -11.11% -1.10% +24.09%

All Process and Methodology Skills
Work from Home

RAD 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 WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,242 22,482 39,977
As % of all contract jobs with a WFH option 88.03% 89.72% 91.08%
Number of daily rates quoted 8,878 15,879 28,991
10th Percentile £325 £363 £363
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £631
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.72%
Number of hourly rates quoted 571 516 542
10th Percentile £15.00 £18.66 £13.78
25th Percentile £25.50 £30.00 £20.29
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +41.16%
75th Percentile £60.00 £68.75 £57.50
90th Percentile £75.25 £80.00 £70.00
UK median hourly rate £36.50 £36.25 £25.68
% change year-on-year +0.69% +41.16% +4.82%

RAD
Trend for Jobs with a WFH Option

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

RAD trend for jobs with a WFH option

RAD
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 RAD.

RAD daily rate for jobs with a WFH option

RAD
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing RAD over the 6 months to 10 May 2024.

RAD daily rate histogram for jobs with a WFH option

RAD
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:

Applications
1 3 (13.04%) Microsoft Excel
2 1 (4.35%) Spreadsheet
Business Applications
1 4 (17.39%) Loan IQ
2 1 (4.35%) SAP CAR
2 1 (4.35%) SAP POS DM
2 1 (4.35%) SAP Retail
2 1 (4.35%) SAP S/4HANA
Cloud Services
1 4 (17.39%) Akamai
1 4 (17.39%) Azure
1 4 (17.39%) Cloudflare
2 1 (4.35%) Azure DevOps
Communications & Networking
1 2 (8.70%) Firewall
1 2 (8.70%) Wireshark
2 1 (4.35%) Network Security
Database & Business Intelligence
1 2 (8.70%) SQL Server
2 1 (4.35%) SAP BW
Development Applications
1 1 (4.35%) Eclipse
General
1 18 (78.26%) Finance
2 14 (60.87%) Banking
3 13 (56.52%) Front Office
3 13 (56.52%) Investment Banking
4 5 (21.74%) Social Skills
5 4 (17.39%) Financial Institution
6 2 (8.70%) Retail
7 1 (4.35%) Analytical Skills
Job Titles
1 14 (60.87%) Developer
2 13 (56.52%) Front Office Developer
2 13 (56.52%) Investment Banking Java Developer
2 13 (56.52%) Java Developer
3 4 (17.39%) Architect
4 3 (13.04%) Business Analyst
4 3 (13.04%) Enterprise Architect
4 3 (13.04%) Enterprise Security Architect
4 3 (13.04%) Security Architect
5 2 (8.70%) C# Developer
5 2 (8.70%) C# Developer - Investment Banking
5 2 (8.70%) Front Office RAD Developer
5 2 (8.70%) RAD Developer
6 1 (4.35%) Consultant
6 1 (4.35%) Cybersecurity Manager
6 1 (4.35%) Project Manager
6 1 (4.35%) Project Manager - Cybersecurity
6 1 (4.35%) SAP Architect
6 1 (4.35%) SAP Solutions Architect
6 1 (4.35%) Solutions Architect
Libraries, Frameworks & Software Standards
1 3 (13.04%) Apache Camel
2 2 (8.70%) .NET
2 2 (8.70%) .NET Framework
Miscellaneous
1 13 (56.52%) Derivative
1 13 (56.52%) Equity Derivative
2 1 (4.35%) Fixed Income
Operating Systems
1 4 (17.39%) Linux
1 4 (17.39%) Windows
Processes & Methodologies
1 5 (21.74%) Migration
2 4 (17.39%) Agile
2 4 (17.39%) CI/CD
2 4 (17.39%) Continuous Deployment
2 4 (17.39%) Continuous Integration
2 4 (17.39%) Data Migration
2 4 (17.39%) Data Modelling
2 4 (17.39%) DSDM
2 4 (17.39%) SSADM
2 4 (17.39%) UML
2 4 (17.39%) Waterfall
3 3 (13.04%) Requirements Gathering
4 1 (4.35%) Automated Trading
4 1 (4.35%) Cloud Security
4 1 (4.35%) Collaborative Culture
4 1 (4.35%) Decision-Making
4 1 (4.35%) Performance Optimisation
4 1 (4.35%) Problem-Solving
4 1 (4.35%) Regulatory Change
4 1 (4.35%) Risk Management
Programming Languages
1 16 (69.57%) Java
2 6 (26.09%) SQL
3 3 (13.04%) Python
3 3 (13.04%) VBA
4 2 (8.70%) C#
4 2 (8.70%) C++
5 1 (4.35%) ABAP
Qualifications
1 1 (4.35%) Computer Science Degree
1 1 (4.35%) Degree
1 1 (4.35%) SAP Certification
Vendors
1 4 (17.39%) F5
1 4 (17.39%) IBM
2 3 (13.04%) Microsoft
3 2 (8.70%) Oracle
4 1 (4.35%) Ariba
4 1 (4.35%) SAP