Period
to 14 August 2020

The median contractor rate for a Java Developer was £600 per day in advertised job vacancies in the City of London during the 6 months to 14 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
Central London > City of London
6 months to
14 Aug 2020
Same period 2019 Same period 2018
Rank 27 30 18
Rank change year-on-year +3 -12 -2
Contract jobs requiring a Java Developer 139 383 623
As % of all contract jobs advertised in the City of London 6.52% 5.93% 8.92%
As % of the Job Titles category 7.00% 6.32% 9.39%
Number of daily rates quoted 107 354 567
Median daily rate £600 £575 £550
Median daily rate % change year-on-year +4.35% +4.55% -
10th Percentile £450 £463 £425
90th Percentile £793 £696 £763
Central London median daily rate £600 £564 £550
% change year-on-year +6.43% +2.50% -
Number of hourly rates quoted 2 0 3
Median hourly rate £55.00 - £21.50
10th Percentile £52.50 - £21.25
90th Percentile £57.50 - £21.75
Central London median hourly rate £55.00 - £21.50

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 1,987 6,064 6,632
% of contract IT jobs with a recognized job title 93.20% 93.84% 94.96%
Number of daily rates quoted 1,391 4,724 5,207
Median daily rate £513 £513 £500
Median daily rate % change year-on-year - +2.50% -
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% +1.01%
Number of hourly rates quoted 42 76 129
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +2.56%
10th Percentile £14.75 £11.25 £13.30
90th Percentile £47.75 £58.25 £30.00
Median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +0.05%

Java Developer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Java Developer in the City of London

Java Developer
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Java Developer in the City of London

Java Developer
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Java Developer in the City of London over the 6 months to 14 August 2020.

Daily rate histogram for Java Developer in the City of London

Java Developer
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Java Developer in the City of London.

Hourly rate trend for Java Developer in the City of London

Java Developer Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 14 August 2020, Java Developer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Java Developer in the job title.

1 139 (100.00%) Java
2 74 (53.24%) Agile Software Development
3 51 (36.69%) Microservices
4 46 (33.09%) TDD
5 45 (32.37%) Spring
6 43 (30.94%) Multithreading
7 41 (29.50%) Banking
7 41 (29.50%) Finance
8 40 (28.78%) Front Office
9 32 (23.02%) Fixed Income
10 30 (21.58%) Scrum
11 29 (20.86%) AWS
11 29 (20.86%) Java 8
12 26 (18.71%) Test Automation
12 26 (18.71%) Electronic Trading
13 24 (17.27%) Kubernetes
14 22 (15.83%) Docker
14 22 (15.83%) BDD
14 22 (15.83%) OO
15 20 (14.39%) OOD
15 20 (14.39%) Foreign Exchange (FX)
15 20 (14.39%) Investment Banking
16 18 (12.95%) Maven
16 18 (12.95%) SQL
16 18 (12.95%) Low Latency
16 18 (12.95%) Spring Boot
17 17 (12.23%) React
17 17 (12.23%) Apache Spark
18 16 (11.51%) Azure
18 16 (11.51%) Continuous Integration

Java Developer Skill Set
Co-occurring IT Skills in the City of London by Category

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

Application Platforms
1 17 (12.23%) Apache Spark
2 3 (2.16%) Elasticsearch
3 2 (1.44%) Apache
3 2 (1.44%) Cloud Foundry
4 1 (0.72%) CICS
4 1 (0.72%) Mule
4 1 (0.72%) Oracle SOA Suite
4 1 (0.72%) WebSphere
Business Applications
1 1 (0.72%) Dynamics CRM
1 1 (0.72%) ION MarketView
1 1 (0.72%) SunGard Martini
1 1 (0.72%) Temenos T24
Cloud Services
1 29 (20.86%) AWS
2 16 (11.51%) Azure
2 16 (11.51%) GCP
3 5 (3.60%) SaaS
4 3 (2.16%) Apigee
5 2 (1.44%) Amazon ECS
5 2 (1.44%) Datadog
6 1 (0.72%) Amazon ElastiCache
6 1 (0.72%) Amazon Kinesis
6 1 (0.72%) AWS CloudFormation
6 1 (0.72%) AWS Fargate
6 1 (0.72%) PaaS
Communications & Networking
1 8 (5.76%) HTTPS
1 8 (5.76%) SSL
2 1 (0.72%) FIX Connectivity
Database & Business Intelligence
1 9 (6.47%) Hadoop
1 9 (6.47%) SQL Server
2 8 (5.76%) NoSQL
3 7 (5.04%) Relational Database
4 6 (4.32%) PostgreSQL
4 6 (4.32%) RDBMS
5 5 (3.60%) MongoDB
6 2 (1.44%) Big Data
6 2 (1.44%) Parquet
7 1 (0.72%) Apache Cassandra
7 1 (0.72%) DB2
7 1 (0.72%) Tick Data
Development Applications
1 18 (12.95%) Maven
2 14 (10.07%) Git (software)
3 9 (6.47%) Robot Framework
4 6 (4.32%) Ant
4 6 (4.32%) GitLab
4 6 (4.32%) JUnit
5 5 (3.60%) Cucumber
5 5 (3.60%) Jenkins
6 3 (2.16%) Gradle
7 2 (1.44%) Artifactory
7 2 (1.44%) CircleCI
7 2 (1.44%) IntelliJ
8 1 (0.72%) Atlassian Bamboo
8 1 (0.72%) Bitbucket
8 1 (0.72%) Mockito
8 1 (0.72%) Selenium
8 1 (0.72%) SonarQube
General
1 41 (29.50%) Banking
1 41 (29.50%) Finance
2 40 (28.78%) Front Office
3 20 (14.39%) Investment Banking
4 5 (3.60%) Retail
5 4 (2.88%) Financial Institution
6 3 (2.16%) Public Sector
7 2 (1.44%) French Language
7 2 (1.44%) Law
7 2 (1.44%) Police
Libraries, Frameworks & Software Standards
1 45 (32.37%) Spring
2 18 (12.95%) Spring Boot
3 17 (12.23%) React
4 14 (10.07%) AngularJS
4 14 (10.07%) Kafka
5 12 (8.63%) RESTful
6 10 (7.19%) HTML
6 10 (7.19%) REST
7 9 (6.47%) Spring Security
8 8 (5.76%) Guice
8 8 (5.76%) HTML5
8 8 (5.76%) JAAS
9 7 (5.04%) FIX Protocol
9 7 (5.04%) Hibernate
9 7 (5.04%) Swing
10 5 (3.60%) Redux
11 4 (2.88%) Apache Camel
11 4 (2.88%) CSS
11 4 (2.88%) Node.js
11 4 (2.88%) Web Services
Miscellaneous
1 32 (23.02%) Fixed Income
2 20 (14.39%) Foreign Exchange (FX)
3 14 (10.07%) Derivative
4 7 (5.04%) Data Structures
4 7 (5.04%) Greenfield Project
5 6 (4.32%) Enterprise Software
5 6 (4.32%) Market Risk
6 5 (3.60%) Analytical Skills
7 4 (2.88%) Credit Risk
8 2 (1.44%) Algorithms
8 2 (1.44%) Equities
8 2 (1.44%) Hedge funds
8 2 (1.44%) iPad
9 1 (0.72%) AS400
9 1 (0.72%) Clustering
9 1 (0.72%) Credit Derivative
9 1 (0.72%) Exotic Derivative
9 1 (0.72%) Mainframe
9 1 (0.72%) Management Information System
9 1 (0.72%) SWIFT
Operating Systems
1 12 (8.63%) Linux
2 4 (2.88%) Unix
3 1 (0.72%) zOS
Processes & Methodologies
1 74 (53.24%) Agile Software Development
2 51 (36.69%) Microservices
3 46 (33.09%) TDD
4 43 (30.94%) Multithreading
5 30 (21.58%) Scrum
6 26 (18.71%) Electronic Trading
6 26 (18.71%) Test Automation
7 22 (15.83%) BDD
7 22 (15.83%) OO
8 20 (14.39%) OOD
9 18 (12.95%) Low Latency
10 16 (11.51%) Continuous Integration
11 15 (10.79%) Software Engineering
12 13 (9.35%) Concurrent Programming
12 13 (9.35%) DevOps
13 12 (8.63%) Automated Trading
13 12 (8.63%) Multithreaded Programming
14 11 (7.91%) Mathematics
15 10 (7.19%) Computer Science
15 10 (7.19%) Continuous Deployment
Programming Languages
1 139 (100.00%) Java
2 29 (20.86%) Java 8
3 18 (12.95%) SQL
4 15 (10.79%) Scala
5 10 (7.19%) JavaScript
6 9 (6.47%) Kotlin
7 4 (2.88%) C#
7 4 (2.88%) Python
8 3 (2.16%) C++
8 3 (2.16%) TypeScript
9 1 (0.72%) C
9 1 (0.72%) COBOL
9 1 (0.72%) JCL
9 1 (0.72%) Perl
9 1 (0.72%) PL/1
9 1 (0.72%) T-SQL
Qualifications
1 8 (5.76%) Degree
2 7 (5.04%) Numerate Degree
3 2 (1.44%) Security Cleared
4 1 (0.72%) Master's Degree
Quality Assurance & Compliance
1 5 (3.60%) QA
System Software
1 22 (15.83%) Docker
Systems Management
1 24 (17.27%) Kubernetes
2 6 (4.32%) Terraform
3 3 (2.16%) Kibana
3 3 (2.16%) Prometheus
3 3 (2.16%) Zipkin
4 2 (1.44%) Ansible
4 2 (1.44%) Istio
5 1 (0.72%) logstash
5 1 (0.72%) Opscode Chef
5 1 (0.72%) Puppet
5 1 (0.72%) Single Sign-On
Vendors
1 10 (7.19%) Oracle
2 3 (2.16%) Google
3 2 (1.44%) MapR
3 2 (1.44%) MuleSoft
3 2 (1.44%) Sybase
4 1 (0.72%) Bloomberg
4 1 (0.72%) Databricks
4 1 (0.72%) FIS
4 1 (0.72%) Foundry
4 1 (0.72%) IBM
4 1 (0.72%) ION Trading
4 1 (0.72%) Salesforce.com
4 1 (0.72%) SunGard
4 1 (0.72%) WSO2