The median Software Engineer daily rate in Cheltenham is £556, according to job vacancies posted in the 6 months leading up to 21 June 2024.
The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.
|
|
6 months to
21 Jun 2024 |
Same period 2023 |
Same period 2022 |
| Rank |
19 |
17 |
23 |
| Rank change year-on-year |
-2 |
+6 |
-19 |
| Contract jobs requiring a Software Engineer |
22 |
13 |
4 |
| As % of all contract jobs advertised in Cheltenham |
9.82% |
8.44% |
3.39% |
| As % of the Job Titles category |
10.53% |
8.72% |
3.64% |
| Number of daily rates quoted |
12 |
8 |
4 |
| 10th Percentile |
£519 |
£513 |
£436 |
| 25th Percentile |
£525 |
£522 |
£453 |
| Median daily rate (50th Percentile) |
£556 |
£650 |
£525 |
| Median % change year-on-year |
-14.42% |
+23.81% |
+12.00% |
| 75th Percentile |
£652 |
£700 |
£588 |
| 90th Percentile |
£769 |
£753 |
- |
| Gloucestershire median daily rate |
£625 |
£545 |
£600 |
| % change year-on-year |
+14.68% |
-9.17% |
+26.32% |
| Number of hourly rates quoted |
4 |
0 |
0 |
| 10th Percentile |
- |
- |
- |
| 25th Percentile |
£71.25 |
- |
- |
| Median hourly rate |
£72.50 |
- |
- |
| 75th Percentile |
£74.06 |
- |
- |
| 90th Percentile |
£74.63 |
- |
- |
| Gloucestershire median hourly rate |
£72.50 |
£78.00 |
£53.50 |
| % change year-on-year |
-7.05% |
+45.79% |
+7.00% |
For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in Cheltenham. 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.
| Contract vacancies in Cheltenham with a recognized job title |
209 |
149 |
110 |
| % of contract IT jobs with a recognized job title |
93.30% |
96.75% |
93.22% |
| Number of daily rates quoted |
92 |
97 |
91 |
| 10th Percentile |
£364 |
£253 |
£181 |
| 25th Percentile |
£513 |
£488 |
£397 |
| Median daily rate (50th Percentile) |
£563 |
£575 |
£500 |
| Median % change year-on-year |
-2.17% |
+15.00% |
+5.26% |
| 75th Percentile |
£675 |
£700 |
£600 |
| 90th Percentile |
£736 |
£755 |
£675 |
| Gloucestershire median daily rate |
£550 |
£534 |
£500 |
| % change year-on-year |
+3.04% |
+6.75% |
+5.26% |
| Number of hourly rates quoted |
16 |
6 |
3 |
| 10th Percentile |
- |
£27.38 |
£12.15 |
| 25th Percentile |
£63.75 |
£35.00 |
£12.38 |
| Median hourly rate |
£70.50 |
£70.50 |
£13.50 |
| Median % change year-on-year |
- |
+422.22% |
-73.00% |
| 75th Percentile |
£72.81 |
£90.00 |
£14.63 |
| 90th Percentile |
£73.75 |
£92.25 |
£14.85 |
| Gloucestershire median hourly rate |
£57.50 |
£78.00 |
£23.75 |
| % change year-on-year |
-26.28% |
+228.42% |
-52.50% |
