The median Developer daily rate in Cambridge is £420, according to job vacancies posted in the 6 months leading up to 23 June 2024.
The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.
|
|
6 months to
23 Jun 2024 |
Same period 2023 |
Same period 2022 |
| Rank |
7 |
12 |
6 |
| Rank change year-on-year |
+5 |
-6 |
-2 |
| Contract jobs requiring a Developer |
28 |
22 |
47 |
| As % of all contract jobs advertised in Cambridge |
12.79% |
8.56% |
13.70% |
| As % of the Job Titles category |
14.07% |
9.09% |
14.78% |
| Number of daily rates quoted |
16 |
15 |
33 |
| 10th Percentile |
£386 |
£418 |
£413 |
| 25th Percentile |
£410 |
£425 |
£431 |
| Median daily rate (50th Percentile) |
£420 |
£450 |
£475 |
| Median % change year-on-year |
-6.67% |
-5.26% |
+11.76% |
| 75th Percentile |
£456 |
£531 |
£525 |
| 90th Percentile |
£488 |
£561 |
£630 |
| Cambridgeshire median daily rate |
£420 |
£450 |
£475 |
| % change year-on-year |
-6.67% |
-5.26% |
+11.76% |
For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in Cambridge. 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 Cambridge with a recognized job title |
199 |
242 |
318 |
| % of contract IT jobs with a recognized job title |
90.87% |
94.16% |
92.71% |
| Number of daily rates quoted |
111 |
166 |
217 |
| 10th Percentile |
£235 |
£185 |
£360 |
| 25th Percentile |
£350 |
£363 |
£413 |
| Median daily rate (50th Percentile) |
£420 |
£464 |
£475 |
| Median % change year-on-year |
-9.43% |
-2.37% |
+11.76% |
| 75th Percentile |
£538 |
£538 |
£538 |
| 90th Percentile |
£638 |
£600 |
£644 |
| Cambridgeshire median daily rate |
£442 |
£450 |
£450 |
| % change year-on-year |
-1.78% |
- |
+12.50% |
| Number of hourly rates quoted |
30 |
13 |
18 |
| 10th Percentile |
£21.80 |
£15.71 |
£15.52 |
| 25th Percentile |
£25.00 |
£17.50 |
£17.50 |
| Median hourly rate |
£52.50 |
£20.50 |
£57.00 |
| Median % change year-on-year |
+156.10% |
-64.04% |
+153.33% |
| 75th Percentile |
£63.75 |
£53.75 |
£58.75 |
| 90th Percentile |
£71.63 |
- |
£66.63 |
| Cambridgeshire median hourly rate |
£21.37 |
£15.00 |
£14.50 |
| % change year-on-year |
+42.47% |
+3.45% |
+7.41% |
