The median contractor rate for a Java Developer was £625 per day in advertised job vacancies in Canary Wharf during the 3 months to 24 June 2017.

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
London / Canary Wharf
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 16 18 12
Rank change year-on-year +2 -6  
Contract jobs requiring a Java Developer 6 8 19
As % of all contract IT jobs advertised in Canary Wharf 5.56% 6.50% 11.31%
As % of the Job Titles category 5.77% 6.67% 12.03%
Number of daily rates quoted 5 8 17
Median daily rate £625 £575 £500
Median daily rate % change year-on-year +8.69% +15.00%  
90% offered a daily rate of more than £535 £343 £300
10% offered a daily rate of more than £700 £650 £520
UK excluding London median daily rate £425 £413 £399
% change year-on-year +3.03% +3.38%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £46.00 £35.50 £39.30
% change year-on-year +29.57% -9.66%  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Canary Wharf. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
Canary Wharf
Contract job vacancies with a job title containing a recognized job role 104 120 158
As % of all contract IT job vacancies advertised in Canary Wharf 96.30% 97.56% 94.05%
Number of daily rates quoted 74 82 111
Median daily rate £575 £475 £475
Median daily rate % change year-on-year +21.05% -  
90% offered a daily rate of more than £400 £325 £300
10% offered a daily rate of more than £650 £650 £550
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 2 1 1
Median hourly rate £15.00 £27.50 £12.50
Median hourly rate % change year-on-year -45.45% +120.00%  
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Java Developer
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf that featured Java Developer in the job title.

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 3 months to 24 June 2017.

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 24 June 2017, Java Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region featuring Java Developer in the job title.

1 18 (100.00%) Java
2 12 (66.67%) Banking
3 10 (55.56%) Spring
3 10 (55.56%) Finance
3 10 (55.56%) SQL
4 9 (50.00%) Unix
5 8 (44.44%) Agile Software Development
5 8 (44.44%) Investment Banking
5 8 (44.44%) Relational Database
5 8 (44.44%) Analytical Skills
6 7 (38.89%) Linux
7 6 (33.33%) OO
7 6 (33.33%) DB2
7 6 (33.33%) JUnit
7 6 (33.33%) Front Office
8 5 (27.78%) Scrum
8 5 (27.78%) SOAP
8 5 (27.78%) XML
8 5 (27.78%) Derivative
8 5 (27.78%) Multithreading
8 5 (27.78%) Protocol Buffers
8 5 (27.78%) SDLC
8 5 (27.78%) Data Structures
9 4 (22.22%) Scala
9 4 (22.22%) Electronic Trading
9 4 (22.22%) Perl
9 4 (22.22%) J2EE
9 4 (22.22%) Foreign Exchange (FX)
10 3 (16.67%) Risk Management
10 3 (16.67%) Fixed Income

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 3 (16.67%) Oracle Coherence
2 1 (5.56%) Apache Spark
2 1 (5.56%) Confluence
2 1 (5.56%) DataSynapse
2 1 (5.56%) MQSeries
2 1 (5.56%) Tomcat
Applications
1 1 (5.56%) MS Visio
Business Applications
1 1 (5.56%) Loan IQ
Database & Business Intelligence
1 8 (44.44%) Relational Database
2 6 (33.33%) DB2
3 3 (16.67%) RDBMS
4 2 (11.11%) Hazelcast
4 2 (11.11%) HBase
4 2 (11.11%) KDB
4 2 (11.11%) MongoDB
4 2 (11.11%) NoSQL
5 1 (5.56%) Apache Cassandra
5 1 (5.56%) Big Data
5 1 (5.56%) Hadoop
5 1 (5.56%) Infinispan
5 1 (5.56%) InterSystems Cache
5 1 (5.56%) Oracle Database
5 1 (5.56%) Oracle Database 11g
Development Applications
1 6 (33.33%) JUnit
2 3 (16.67%) Gradle
2 3 (16.67%) Jenkins
2 3 (16.67%) Maven
3 2 (11.11%) Ant
3 2 (11.11%) Git (software)
3 2 (11.11%) Hudson
3 2 (11.11%) JIRA
4 1 (5.56%) IntelliJ
4 1 (5.56%) NetBeans
General
1 12 (66.67%) Banking
2 10 (55.56%) Finance
3 8 (44.44%) Investment Banking
4 6 (33.33%) Front Office
5 2 (11.11%) Legal
Libraries, Frameworks & Software Standards
1 10 (55.56%) Spring
2 5 (27.78%) Protocol Buffers
2 5 (27.78%) SOAP
2 5 (27.78%) XML
3 4 (22.22%) J2EE
4 2 (11.11%) Akka
4 2 (11.11%) Apache Avro
4 2 (11.11%) FIX Protocol
4 2 (11.11%) HTML
4 2 (11.11%) HTML5
4 2 (11.11%) J2SE
4 2 (11.11%) JMS
4 2 (11.11%) JSON
4 2 (11.11%) Middleware
4 2 (11.11%) REST
4 2 (11.11%) Swing
5 1 (5.56%) Ajax
5 1 (5.56%) AngularJS
5 1 (5.56%) Kafka
5 1 (5.56%) Node.js
Miscellaneous
1 8 (44.44%) Analytical Skills
2 5 (27.78%) Data Structures
2 5 (27.78%) Derivative
3 4 (22.22%) Foreign Exchange (FX)
4 3 (16.67%) Fixed Income
4 3 (16.67%) Greenfield Project
5 2 (11.11%) Algorithms
5 2 (11.11%) Computer Science
5 2 (11.11%) Grid Computing
5 2 (11.11%) OTC Derivatives
5 2 (11.11%) Reference Data
6 1 (5.56%) Credit Derivative
6 1 (5.56%) Equities
6 1 (5.56%) Equity Derivative
6 1 (5.56%) Interest Rate Derivative
6 1 (5.56%) Market Risk
Operating Systems
1 9 (50.00%) Unix
2 7 (38.89%) Linux
Processes & Methodologies
1 8 (44.44%) Agile Software Development
2 6 (33.33%) OO
3 5 (27.78%) Multithreading
3 5 (27.78%) Scrum
3 5 (27.78%) SDLC
4 4 (22.22%) Electronic Trading
5 3 (16.67%) Multithreaded Programming
5 3 (16.67%) OOD
5 3 (16.67%) Risk Management
6 2 (11.11%) Anti-Money Laundering
6 2 (11.11%) Continuous Delivery
6 2 (11.11%) Data Modelling
6 2 (11.11%) Enterprise Architecture
6 2 (11.11%) Low Latency
6 2 (11.11%) Market Making
6 2 (11.11%) OOA/OOD
6 2 (11.11%) Refactoring
6 2 (11.11%) Regression Testing
6 2 (11.11%) Stakeholder Management
6 2 (11.11%) Unit Testing
Programming Languages
1 18 (100.00%) Java
2 10 (55.56%) SQL
3 4 (22.22%) Perl
3 4 (22.22%) Scala
4 2 (11.11%) Shell Script
5 1 (5.56%) C#
5 1 (5.56%) Groovy
5 1 (5.56%) JavaScript
5 1 (5.56%) Python
5 1 (5.56%) VB
Qualifications
1 2 (11.11%) Degree
2 1 (5.56%) Computer Science Degree
Quality Assurance & Compliance
1 3 (16.67%) MiFID
2 2 (11.11%) Dodd-Frank
2 2 (11.11%) EMIR
System Software
1 1 (5.56%) Platform Symphony
Systems Management
1 1 (5.56%) MOM
Vendors
1 3 (16.67%) Sybase
2 2 (11.11%) Oracle
2 2 (11.11%) Perforce
3 1 (5.56%) Bloomberg
3 1 (5.56%) CA Agile Central
3 1 (5.56%) Cloudera
3 1 (5.56%) FXall
3 1 (5.56%) Google
3 1 (5.56%) Reuters
3 1 (5.56%) Solace
3 1 (5.56%) Vertica