Period
to 15 November 2018

The median contractor rate for a Java Developer was £600 per day in advertised job vacancies in Canary Wharf during the 6 months to 15 November 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Java Developer
Tower Hamlets > Canary Wharf
6 months to
15 Nov 2018
Same period 2017 Same period 2016
Rank 22 16 19
Rank change year-on-year -6 +3 -3
Contract jobs requiring a Java Developer 41 32 23
As % of all contract IT jobs advertised in Canary Wharf 12.35% 11.39% 7.21%
As % of the Job Titles category 12.69% 11.68% 7.49%
Number of daily rates quoted 39 31 20
Canary Wharf median daily rate £600 £600 £525
Median daily rate % change year-on-year - +14.29% +3.70%
10th Percentile £545 £508 £395
90th Percentile £765 £650 £650
Tower Hamlets median daily rate £600 £600 £550
% change year-on-year - +9.09% +4.76%
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Canary Wharf. 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.

All Contract IT Job Vacancies
Canary Wharf
Contract vacancies in Canary Wharf with a recognized job title 323 274 307
% of contract IT jobs with a recognized job title 97.29% 97.51% 96.24%
Number of daily rates quoted 244 208 222
Canary Wharf median daily rate £525 £500 £441
Median daily rate % change year-on-year +5.00% +13.31% -7.11%
10th Percentile £350 £263 £303
90th Percentile £600 £650 £600
Tower Hamlets median daily rate £525 £500 £448
% change year-on-year +5.00% +11.73% -10.50%
Number of hourly rates quoted 4 4 2
Canary Wharf median hourly rate £29.04 £16.85 £11.50
Median hourly rate % change year-on-year +72.33% +46.52% -58.18%
10th Percentile £18.70 £15.00 £10.65
90th Percentile £123.58 £123.74 £11.95
Tower Hamlets median hourly rate £29.04 £16.85 £11.50
% change year-on-year +72.33% +46.52% -58.18%

Java Developer
Job Vacancy Trend in Canary Wharf

Job postings that featured Java Developer in the job title as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Java Developer in Canary Wharf

Java Developer
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Java Developer in Canary Wharf.

Contractor daily rate trend for Java Developer in Canary Wharf

Java Developer
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Java Developer in Canary Wharf over the 6 months to 15 November 2018.

Contractor daily rate histogram for Java Developer in Canary Wharf

Java Developer Skill Set
Top 30 Co-occurring IT Skills in Canary Wharf

For the 6 months to 15 November 2018, Java Developer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Canary Wharf region featuring Java Developer in the job title.

1 41 (100.00%) Java
2 31 (75.61%) Spring
3 29 (70.73%) Java 8
4 28 (68.29%) Spring Boot
4 28 (68.29%) Maven
4 28 (68.29%) TDD
4 28 (68.29%) Hibernate
5 27 (65.85%) Agile Software Development
5 27 (65.85%) RESTful
5 27 (65.85%) Amazon AWS
5 27 (65.85%) Microservices
6 26 (63.41%) Greenfield Project
7 23 (56.10%) Docker
8 22 (53.66%) REST
8 22 (53.66%) BDD
8 22 (53.66%) MongoDB
8 22 (53.66%) Apache Cassandra
8 22 (53.66%) NoSQL
8 22 (53.66%) Web Services
8 22 (53.66%) Scala
8 22 (53.66%) Git (software)
9 21 (51.22%) Spring MVC
9 21 (51.22%) MQSeries
9 21 (51.22%) JMS
9 21 (51.22%) MVC
9 21 (51.22%) Couchbase
9 21 (51.22%) Jenkins
9 21 (51.22%) Play Framework
9 21 (51.22%) Java 9
10 9 (21.95%) Low Latency

Java Developer Skill Set
Co-occurring IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 21 (51.22%) MQSeries
2 1 (2.44%) GlassFish
2 1 (2.44%) Oracle Workflow
2 1 (2.44%) Tomcat
Cloud Services
1 27 (65.85%) Amazon AWS
2 1 (2.44%) Amazon EC2
2 1 (2.44%) GitHub
2 1 (2.44%) IBM Cloud
Communications & Networking
1 1 (2.44%) Firewall
1 1 (2.44%) Network Security
1 1 (2.44%) SSH
Database & Business Intelligence
1 22 (53.66%) Apache Cassandra
1 22 (53.66%) MongoDB
1 22 (53.66%) NoSQL
2 21 (51.22%) Couchbase
3 2 (4.88%) PostgreSQL
3 2 (4.88%) Redis
4 1 (2.44%) DB2
4 1 (2.44%) KDB
4 1 (2.44%) Oracle Database
4 1 (2.44%) RDBMS
4 1 (2.44%) Relational Database
4 1 (2.44%) Riak
Development Applications
1 28 (68.29%) Maven
2 22 (53.66%) Git (software)
3 21 (51.22%) Jenkins
4 1 (2.44%) Cucumber
General
1 6 (14.63%) Finance
1 6 (14.63%) Front Office
2 2 (4.88%) Banking
2 2 (4.88%) Investment Banking
Libraries, Frameworks & Software Standards
1 31 (75.61%) Spring
2 28 (68.29%) Hibernate
2 28 (68.29%) Spring Boot
3 27 (65.85%) RESTful
4 22 (53.66%) REST
4 22 (53.66%) Web Services
5 21 (51.22%) JMS
5 21 (51.22%) Play Framework
5 21 (51.22%) Spring MVC
6 2 (4.88%) J2EE
6 2 (4.88%) J2SE
7 1 (2.44%) CSS
7 1 (2.44%) FIX Protocol
7 1 (2.44%) HTML
7 1 (2.44%) IBM Integration Bus
7 1 (2.44%) JPA
7 1 (2.44%) Middleware
7 1 (2.44%) Rendezvous
7 1 (2.44%) SOAP
7 1 (2.44%) TIBCO EMS
Miscellaneous
1 26 (63.41%) Greenfield Project
2 5 (12.20%) Foreign Exchange (FX)
3 1 (2.44%) Computer Science
3 1 (2.44%) Derivative
3 1 (2.44%) Equity Derivative
3 1 (2.44%) User Experience
Operating Systems
1 2 (4.88%) Linux
2 1 (2.44%) Unix
Processes & Methodologies
1 28 (68.29%) TDD
2 27 (65.85%) Agile Software Development
2 27 (65.85%) Microservices
3 22 (53.66%) BDD
4 21 (51.22%) MVC
5 9 (21.95%) Low Latency
6 8 (19.51%) OO
7 7 (17.07%) Multithreading
8 5 (12.20%) Project Management
8 5 (12.20%) Test Automation
9 3 (7.32%) Electronic Trading
9 3 (7.32%) SDLC
10 2 (4.88%) Performance Optimisation
10 2 (4.88%) Risk Management
11 1 (2.44%) Backtesting
11 1 (2.44%) Problem-Solving
11 1 (2.44%) Refactoring
11 1 (2.44%) Systems Engineering
11 1 (2.44%) Validation
11 1 (2.44%) Workflow
Programming Languages
1 41 (100.00%) Java
2 29 (70.73%) Java 8
3 22 (53.66%) Scala
4 21 (51.22%) Java 9
5 3 (7.32%) SQL
6 1 (2.44%) Bash Shell
6 1 (2.44%) JavaScript
Qualifications
1 1 (2.44%) Computer Science Degree
1 1 (2.44%) Degree
System Software
1 23 (56.10%) Docker
Systems Management
1 1 (2.44%) Kubernetes
1 1 (2.44%) Terraform
Vendors
1 3 (7.32%) Oracle
2 1 (2.44%) IBM
2 1 (2.44%) Solace
2 1 (2.44%) Splunk
2 1 (2.44%) TIBCO