The median contractor rate for a Software Developer was - per day in advertised job vacancies in Canary Wharf during the 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Software Developer
London / Canary Wharf
Rank - 23 -
Contract jobs requiring a Software Developer 0 1 0
As % of all contract IT jobs advertised in Canary Wharf - 0.81% -
As % of the Job Titles category - 0.90% -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £350 £350 £325
% change year-on-year - +7.69%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £42.50 £42.50 £34.00
% change year-on-year - +25.00%  

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 123 111 106
As % of all contract IT job vacancies advertised in Canary Wharf 92.48% 90.24% 92.98%
Number of daily rates quoted 80 92 66
Median daily rate £550 £480 £500
Median daily rate % change year-on-year +14.58% -4.00%  
90% offered a daily rate of more than £300 £350 £425
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 2 3 0
Median hourly rate £50.00 £29.00 -
Median hourly rate % change year-on-year +72.41% -  
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

Software Developer
Job Vacancy Trend in Canary Wharf

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

Job vacancy trend for Software Developer in Canary Wharf

Software Developer
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Software Developer in Canary Wharf