Period
to 11 August 2020

The median contractor rate for a Java Developer - Fintech was - per day in advertised job vacancies in the City of London during the 6 months to 11 August 2020.

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.

Java Developer - Fintech
Central London > City of London
6 months to
11 Aug 2020
Same period 2019 Same period 2018
Rank - 222 254
Contract jobs requiring a Java Developer - Fintech 0 19 4
As % of all contract jobs advertised in the City of London - 0.29% 0.057%
As % of the Job Titles category - 0.31% 0.060%
Number of daily rates quoted 0 22 4
Median daily rate - £600 £525
Median daily rate % change year-on-year - +14.29% -4.55%
Central London median daily rate - £600 £563
% change year-on-year - +6.67% +2.27%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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
City of London
Contract vacancies in the City of London with a recognized job title 2,037 6,080 6,676
% of contract IT jobs with a recognized job title 93.06% 93.93% 94.99%
Number of daily rates quoted 1,425 4,751 5,235
Median daily rate £510 £520 £500
Median daily rate % change year-on-year -1.92% +4.00% -
10th Percentile £313 £325 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £513 £500
% change year-on-year -2.44% +2.50% +1.52%
Number of hourly rates quoted 44 77 129
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +7.56%
10th Percentile £13.28 £11.25 £13.25
90th Percentile £47.75 £57.90 £30.00
Median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +6.04%

Java Developer - Fintech
Job Vacancy Trend in the City of London

Job postings that featured Java Developer - Fintech in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Java Developer - Fintech in the City of London

Java Developer - Fintech
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Java Developer - Fintech in the City of London.

Daily rate trend for Java Developer - Fintech in the City of London