Web3 Contracts in Central London

Web3
London > Central London

The table below looks at the prevalence of the term Web3 in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Web3 over the 6 months to 2 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
2 May 2024
Same period 2023 Same period 2022
Rank 127 168 -
Rank change year-on-year +41 - -
Contract jobs citing Web3 2 6 0
As % of all contract jobs advertised in Central London 0.082% 0.16% -
As % of the Miscellaneous category 0.27% 0.43% -
Number of daily rates quoted 1 4 0
10th Percentile - £291 -
25th Percentile £475 £409 -
Median daily rate (50th Percentile) £500 £613 -
Median % change year-on-year -18.37% - -
75th Percentile £525 £756 -
90th Percentile - £790 -
London median daily rate £725 £700 £675
% change year-on-year +3.57% +3.70% -

All Generic Skills
Central London

Web3 is in the General and Transferable Skills 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 generic IT skills.

Contract vacancies with a requirement for generic IT skills 747 1,394 1,625
As % of all contract IT jobs advertised in Central London 30.65% 36.14% 35.64%
Number of daily rates quoted 522 953 1,209
10th Percentile £264 £314 £400
25th Percentile £425 £475 £495
Median daily rate (50th Percentile) £575 £613 £575
Median % change year-on-year -6.12% +6.52% +4.55%
75th Percentile £700 £750 £700
90th Percentile £850 £850 £800
London median daily rate £575 £600 £600
% change year-on-year -4.17% - +11.11%
Number of hourly rates quoted 10 17 25
10th Percentile £12.75 £18.78 £21.20
25th Percentile £16.73 £25.00 £39.25
Median hourly rate £23.00 £35.00 £48.50
Median % change year-on-year -34.29% -27.84% +155.43%
75th Percentile £26.25 £83.75 £61.75
90th Percentile £29.78 £88.30 £64.45
London median hourly rate £26.00 £35.00 £44.50
% change year-on-year -25.71% -21.35% +36.92%

Web3
Job Vacancy Trend in Central London

Job postings citing Web3 as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Web3 in Central London

Web3
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Web3 in Central London.

Daily rate trend for Web3 in Central London

Web3
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 Web3 within the Central London region over the 6 months to 2 May 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 +44 1 £500 -18.37% 2
Web3
London

Web3
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:

Business Applications
1 1 (50.00%) Distributed Ledger
Cloud Services
1 1 (50.00%) AWS
1 1 (50.00%) GCP
Communications & Networking
1 1 (50.00%) Internet
General
1 1 (50.00%) Finance
1 1 (50.00%) Financial Institution
1 1 (50.00%) Social Skills
Job Titles
1 1 (50.00%) Architect
1 1 (50.00%) Blockchain Developer
1 1 (50.00%) Developer
1 1 (50.00%) JavaScript Developer
1 1 (50.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (50.00%) Next.js
1 1 (50.00%) Node.js
1 1 (50.00%) React
1 1 (50.00%) web3js
Miscellaneous
1 2 (100.00%) Blockchain
2 1 (50.00%) CBDC
2 1 (50.00%) IoT
Processes & Methodologies
1 1 (50.00%) API Development
1 1 (50.00%) Collaborative Working
1 1 (50.00%) Computer Science
1 1 (50.00%) Cryptography
1 1 (50.00%) Data Science
1 1 (50.00%) DeFi
1 1 (50.00%) Fintech
1 1 (50.00%) Mathematics
1 1 (50.00%) Mentoring
1 1 (50.00%) Regtech
Programming Languages
1 1 (50.00%) JavaScript
1 1 (50.00%) TypeScript
Qualifications
1 1 (50.00%) Computer Science Degree
1 1 (50.00%) Degree
1 1 (50.00%) SC Cleared
1 1 (50.00%) Security Cleared