Period
to 18 January 2019

The median contractor rate for a Software Architect was - per day in advertised job vacancies in Canary Wharf during the 6 months to 18 January 2019.

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.

Software Architect
Tower Hamlets > Canary Wharf
6 months to
18 Jan 2019
Same period 2018 Same period 2017
Rank - 44 34
Contract jobs requiring a Software Architect 0 3 7
As % of all contract IT jobs advertised in Canary Wharf - 0.99% 2.34%
As % of the Job Titles category - 1.02% 2.51%
Number of daily rates quoted 0 1 0
Canary Wharf median daily rate - £471 -
Tower Hamlets median daily rate - £471 -
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 384 293 279
% of contract IT jobs with a recognized job title 98.21% 97.02% 93.31%
Number of daily rates quoted 334 240 201
Canary Wharf median daily rate £550 £515 £450
Median daily rate % change year-on-year +6.80% +14.44% -10.00%
10th Percentile £400 £263 £310
90th Percentile £650 £650 £625
Tower Hamlets median daily rate £550 £515 £450
% change year-on-year +6.80% +14.44% -10.00%
Number of hourly rates quoted 3 5 3
Canary Wharf median hourly rate £39.38 £15.00 £47.50
Median hourly rate % change year-on-year +162.50% -68.42% +80.95%
10th Percentile £18.28 £15.00 £17.15
90th Percentile £134.47 £18.70 £52.25
Tower Hamlets median hourly rate £39.38 £15.00 £47.50
% change year-on-year +162.50% -68.42% +80.95%

Software Architect
Job Vacancy Trend in Canary Wharf

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

Job vacancy trend for Software Architect in Canary Wharf

Software Architect
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Software Architect in Canary Wharf