Technical Debt Contracts in Central London

Technical Debt
London > Central London

The following table provides summary statistics for contract job vacancies advertised in Central London with a requirement for Technical Debt skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Technical Debt over the 6 months to 19 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
19 Apr 2024
Same period 2023 Same period 2022
Rank 124 163 179
Rank change year-on-year +39 +16 -37
Contract jobs citing Technical Debt 10 15 23
As % of all contract jobs advertised in Central London 0.41% 0.38% 0.50%
As % of the Processes & Methodologies category 0.45% 0.42% 0.55%
Number of daily rates quoted 7 11 18
10th Percentile £578 - -
25th Percentile £625 £638 £513
Median daily rate (50th Percentile) £875 £675 £700
Median % change year-on-year +29.63% -3.57% +15.80%
75th Percentile £950 £713 -
90th Percentile £990 £725 £741
London median daily rate £600 £675 £638
% change year-on-year -11.11% +5.88% +15.91%

All Process and Methodology Skills
Central London

Technical Debt is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Central London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 2,221 3,586 4,206
As % of all contract IT jobs advertised in Central London 90.25% 91.55% 91.57%
Number of daily rates quoted 1,573 2,419 3,240
10th Percentile £350 £325 £375
25th Percentile £450 £463 £475
Median daily rate (50th Percentile) £550 £600 £570
Median % change year-on-year -8.33% +5.26% +8.57%
75th Percentile £688 £725 £675
90th Percentile £800 £825 £775
London median daily rate £550 £590 £575
% change year-on-year -6.78% +2.61% +9.52%
Number of hourly rates quoted 27 31 40
10th Percentile £19.52 £15.50 £18.30
25th Percentile £22.25 £20.61 £23.44
Median hourly rate £27.81 £35.00 £41.00
Median % change year-on-year -20.54% -14.63% +105.00%
75th Percentile £36.50 £58.75 £52.00
90th Percentile £56.15 £88.30 £62.83
London median hourly rate £30.00 £38.75 £36.00
% change year-on-year -22.58% +7.64% +13.14%

Technical Debt
Job Vacancy Trend in Central London

Job postings citing Technical Debt as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Technical Debt in Central London

Technical Debt
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Technical Debt in Central London.

Daily rate trend for Technical Debt in Central London

Technical Debt
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Technical Debt in Central London over the 6 months to 19 April 2024.

Daily rate histogram for Technical Debt in Central London

Technical Debt
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Technical Debt within the Central London region over the 6 months to 19 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London +40 10 £875 +29.63% 1
Technical Debt
London

Technical Debt
Co-occurring Skills and Capabilities in Central London by Category

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

Cloud Services
1 2 (20.00%) AWS
1 2 (20.00%) NuGet
2 1 (10.00%) Amazon EC2
2 1 (10.00%) Amazon EKS
2 1 (10.00%) AWS Lambda
2 1 (10.00%) Serverless
2 1 (10.00%) Virtual Private Cloud
Communications & Networking
1 2 (20.00%) Firewall
Database & Business Intelligence
1 1 (10.00%) Big Data
1 1 (10.00%) Data Mining
Development Applications
1 2 (20.00%) Bitbucket
1 2 (20.00%) Git
1 2 (20.00%) TeamCity
2 1 (10.00%) JIRA
General
1 5 (50.00%) Finance
2 3 (30.00%) Analytical Skills
2 3 (30.00%) Banking
3 2 (20.00%) Influencing Skills
3 2 (20.00%) Investment Banking
3 2 (20.00%) Social Skills
4 1 (10.00%) Public Sector
4 1 (10.00%) Retail
Job Titles
1 4 (40.00%) Architect
2 2 (20.00%) .NET Architect
2 2 (20.00%) C# Architect
2 2 (20.00%) Developer
3 1 (10.00%) Analyst
3 1 (10.00%) AWS Architect
3 1 (10.00%) Business Analyst
3 1 (10.00%) Finance Business Analyst
3 1 (10.00%) Financial Analyst
3 1 (10.00%) ITIL Manager
3 1 (10.00%) ITIL Project Manager
3 1 (10.00%) Lead
3 1 (10.00%) Machine Learning Engineer
3 1 (10.00%) Project Manager
3 1 (10.00%) Solutions Architect
3 1 (10.00%) Technical Leader
Libraries, Frameworks & Software Standards
1 2 (20.00%) .NET
1 2 (20.00%) .NET Core
Miscellaneous
1 2 (20.00%) Algorithms
1 2 (20.00%) Distributed Systems
1 2 (20.00%) Fixed Income
2 1 (10.00%) Foreign Exchange (FX)
2 1 (10.00%) Tandem
Operating Systems
1 2 (20.00%) Linux
1 2 (20.00%) Windows
Processes & Methodologies
1 4 (40.00%) Analytics
1 4 (40.00%) Test Automation
2 2 (20.00%) Algorithmic Trading
2 2 (20.00%) Artificial Intelligence
2 2 (20.00%) Backtesting
2 2 (20.00%) Dependency Injection
2 2 (20.00%) Low Latency
2 2 (20.00%) Machine Learning
2 2 (20.00%) Order Management
2 2 (20.00%) Portfolio Analytics
2 2 (20.00%) Problem-Solving
2 2 (20.00%) Quantitative Research
2 2 (20.00%) Stakeholder Management
2 2 (20.00%) Technical Leadership
3 1 (10.00%) CI/CD
3 1 (10.00%) Data Science
3 1 (10.00%) Infrastructure as Code
3 1 (10.00%) Observability
3 1 (10.00%) Roadmaps
3 1 (10.00%) Sprint Planning
Programming Languages
1 3 (30.00%) C++
1 3 (30.00%) Java
2 2 (20.00%) C#
2 2 (20.00%) Python
3 1 (10.00%) C
3 1 (10.00%) Go
3 1 (10.00%) Shell Script
Qualifications
1 1 (10.00%) Computer Science Degree
1 1 (10.00%) Degree
1 1 (10.00%) ITIL Certification
1 1 (10.00%) Master's Degree
1 1 (10.00%) PhD
1 1 (10.00%) SC Cleared
1 1 (10.00%) Security Cleared
Quality Assurance & Compliance
1 1 (10.00%) QA
Systems Management
1 1 (10.00%) Ansible
1 1 (10.00%) Consul
1 1 (10.00%) Packer
1 1 (10.00%) Progress Chef
1 1 (10.00%) Puppet
1 1 (10.00%) Terraform