Period
to 27 October 2020

The median contractor rate for a Java Developer was £625 per day in advertised job vacancies in the City of London during the 6 months to 27 October 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
27 Oct 2020
Same period 2019 Same period 2018
Rank 20 31 17
Rank change year-on-year +11 -14 -3
Contract jobs requiring a Java Developer 131 343 641
As % of all contract jobs advertised in the City of London 7.28% 5.78% 9.18%
As % of the Job Titles category 7.93% 6.17% 9.63%
Number of daily rates quoted 100 320 577
Median daily rate £625 £575 £575
Median daily rate % change year-on-year +8.70% - -
10th Percentile £375 £463 £436
90th Percentile £789 £700 £750
Central London median daily rate £613 £575 £550
% change year-on-year +6.52% +4.55% -2.65%
Number of hourly rates quoted 1 0 0
Median hourly rate £35.00 - -
Central London median hourly rate £35.00 - -

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 1,652 5,556 6,658
% of contract IT jobs with a recognized job title 91.78% 93.57% 95.30%
Number of daily rates quoted 1,189 4,366 5,268
Median daily rate £505 £513 £500
Median daily rate % change year-on-year -1.46% +2.50% -
10th Percentile £306 £313 £313
90th Percentile £675 £675 £675
Central London median daily rate £500 £500 £500
Number of hourly rates quoted 27 70 117
Median hourly rate £35.00 £20.25 £18.70
Median hourly rate % change year-on-year +72.84% +8.29% +6.86%
10th Percentile £16.00 £11.98 £13.00
90th Percentile £47.75 £51.35 £25.50
Median hourly rate £35.00 £20.50 £18.70
% change year-on-year +70.73% +9.63% +3.31%

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 27 October 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 27 October 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.

1 130 (99.24%) Java
2 86 (65.65%) Agile Software Development
3 50 (38.17%) Multithreading
3 50 (38.17%) Microservices
4 46 (35.11%) TDD
4 46 (35.11%) Scrum
5 43 (32.82%) Front Office
6 42 (32.06%) Spring
7 41 (31.30%) Banking
8 34 (25.95%) Fixed Income
9 33 (25.19%) Electronic Trading
10 32 (24.43%) Java 8
11 27 (20.61%) Finance
11 27 (20.61%) OO
12 26 (19.85%) Low Latency
13 23 (17.56%) Maven
14 22 (16.79%) Foreign Exchange (FX)
14 22 (16.79%) AWS
14 22 (16.79%) BDD
15 21 (16.03%) Test Automation
15 21 (16.03%) Kafka
16 20 (15.27%) Spring Boot
16 20 (15.27%) OOD
17 19 (14.50%) Git (software)
17 19 (14.50%) Kubernetes
18 18 (13.74%) Automated Trading
18 18 (13.74%) Continuous Integration
18 18 (13.74%) Jenkins
18 18 (13.74%) AngularJS
18 18 (13.74%) Docker

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 8 (6.11%) Apache Spark
2 3 (2.29%) Apache
2 3 (2.29%) Elasticsearch
2 3 (2.29%) Red Hat Fuse
3 2 (1.53%) WebSphere
4 1 (0.76%) CICS
4 1 (0.76%) Jupyter
4 1 (0.76%) Mule
4 1 (0.76%) Oracle SOA Suite
4 1 (0.76%) WebLogic
Business Applications
1 1 (0.76%) Dynamics CRM
1 1 (0.76%) ION MarketView
1 1 (0.76%) SunGard Martini
1 1 (0.76%) Temenos T24
Cloud Services
1 22 (16.79%) AWS
2 11 (8.40%) Azure
3 6 (4.58%) GCP
4 5 (3.82%) Amazon EC2
4 5 (3.82%) SaaS
5 4 (3.05%) Amazon ECS
6 3 (2.29%) Amazon ElastiCache
6 3 (2.29%) Amazon Kinesis
6 3 (2.29%) AWS CloudFormation
6 3 (2.29%) GitHub
6 3 (2.29%) PaaS
7 2 (1.53%) Apigee
8 1 (0.76%) Amazon CloudWatch
8 1 (0.76%) Amazon S3
8 1 (0.76%) Amazon SQS
8 1 (0.76%) AWS Fargate
8 1 (0.76%) Serverless
8 1 (0.76%) Virtual Private Cloud
Communications & Networking
1 6 (4.58%) Internet
2 3 (2.29%) SSL
3 2 (1.53%) HTTP
3 2 (1.53%) HTTPS
4 1 (0.76%) DNS
4 1 (0.76%) FIX Connectivity
4 1 (0.76%) FTP
4 1 (0.76%) TCP/IP
Database & Business Intelligence
1 10 (7.63%) Relational Database
2 8 (6.11%) Hadoop
3 7 (5.34%) RDBMS
4 6 (4.58%) MongoDB
4 6 (4.58%) PostgreSQL
4 6 (4.58%) SQL Server
5 5 (3.82%) NoSQL
6 3 (2.29%) Apache Cassandra
6 3 (2.29%) Data Warehouse
6 3 (2.29%) MySQL
6 3 (2.29%) Oracle Database
7 2 (1.53%) Hazelcast
7 2 (1.53%) Oracle Database 11g
8 1 (0.76%) Amazon Redshift
8 1 (0.76%) Apache Hive
8 1 (0.76%) BusinessObjects
8 1 (0.76%) DB2
8 1 (0.76%) Oracle Reports
8 1 (0.76%) Tableau
8 1 (0.76%) Yellowfin
Development Applications
1 23 (17.56%) Maven
2 19 (14.50%) Git (software)
3 18 (13.74%) Jenkins
4 12 (9.16%) Robot Framework
5 9 (6.87%) JUnit
6 7 (5.34%) Gradle
7 6 (4.58%) Mockito
8 4 (3.05%) Cucumber
9 3 (2.29%) Gatling
9 3 (2.29%) TeamCity
10 2 (1.53%) Ant
10 2 (1.53%) Hudson
10 2 (1.53%) JMeter
10 2 (1.53%) MSBuild
10 2 (1.53%) Selenium
11 1 (0.76%) Atlassian Bamboo
11 1 (0.76%) IntelliJ
11 1 (0.76%) JIRA
11 1 (0.76%) Mocha
11 1 (0.76%) TestNG
General
1 43 (32.82%) Front Office
2 41 (31.30%) Banking
3 27 (20.61%) Finance
4 18 (13.74%) Investment Banking
5 5 (3.82%) Public Sector
6 2 (1.53%) Back Office
6 2 (1.53%) Financial Institution
6 2 (1.53%) French Language
7 1 (0.76%) Law
7 1 (0.76%) Retail
7 1 (0.76%) Retail Banking
Libraries, Frameworks & Software Standards
1 42 (32.06%) Spring
2 21 (16.03%) Kafka
3 20 (15.27%) Spring Boot
4 18 (13.74%) AngularJS
5 14 (10.69%) HTML
5 14 (10.69%) REST
6 13 (9.92%) RESTful
7 10 (7.63%) HTML5
7 10 (7.63%) React
8 9 (6.87%) FIX Protocol
8 9 (6.87%) JMS
8 9 (6.87%) Web Services
9 7 (5.34%) Apache Camel
9 7 (5.34%) Hibernate
10 6 (4.58%) CSS
10 6 (4.58%) Redux
11 5 (3.82%) .NET
11 5 (3.82%) jQuery
11 5 (3.82%) Spring Security
12 4 (3.05%) Node.js
Miscellaneous
1 34 (25.95%) Fixed Income
2 22 (16.79%) Foreign Exchange (FX)
3 18 (13.74%) Derivative
4 12 (9.16%) Greenfield Project
5 7 (5.34%) Enterprise Software
6 6 (4.58%) Clustering
7 5 (3.82%) Public Cloud
8 4 (3.05%) Analytical Skills
8 4 (3.05%) Data Structures
9 3 (2.29%) Algorithms
10 2 (1.53%) Equities
10 2 (1.53%) Equity Derivative
11 1 (0.76%) AS400
11 1 (0.76%) Exotic Derivative
11 1 (0.76%) Hedge funds
11 1 (0.76%) Interest Rate Derivative
11 1 (0.76%) Mainframe
11 1 (0.76%) Mobile App
11 1 (0.76%) Mobile Payment
11 1 (0.76%) SWIFT
Operating Systems
1 10 (7.63%) Linux
2 3 (2.29%) Unix
3 1 (0.76%) zOS
Processes & Methodologies
1 86 (65.65%) Agile Software Development
2 50 (38.17%) Microservices
2 50 (38.17%) Multithreading
3 46 (35.11%) Scrum
3 46 (35.11%) TDD
4 33 (25.19%) Electronic Trading
5 27 (20.61%) OO
6 26 (19.85%) Low Latency
7 22 (16.79%) BDD
8 21 (16.03%) Test Automation
9 20 (15.27%) OOD
10 18 (13.74%) Automated Trading
10 18 (13.74%) Continuous Integration
11 15 (11.45%) Multithreaded Programming
12 11 (8.40%) Computer Science
12 11 (8.40%) Concurrent Programming
12 11 (8.40%) Software Engineering
13 9 (6.87%) Mathematics
14 8 (6.11%) Open Source
14 8 (6.11%) Performance Tuning
Programming Languages
1 130 (99.24%) Java
2 32 (24.43%) Java 8
3 18 (13.74%) JavaScript
4 14 (10.69%) Scala
5 11 (8.40%) SQL
6 8 (6.11%) Python
7 6 (4.58%) C#
7 6 (4.58%) Kotlin
8 4 (3.05%) C++
9 3 (2.29%) PL/SQL
9 3 (2.29%) TypeScript
10 2 (1.53%) Go
11 1 (0.76%) C
11 1 (0.76%) Clojure
11 1 (0.76%) COBOL
11 1 (0.76%) JCL
11 1 (0.76%) Perl
11 1 (0.76%) PL/1
Qualifications
1 11 (8.40%) Degree
2 8 (6.11%) Numerate Degree
3 2 (1.53%) AWS Certification
3 2 (1.53%) Computer Science Degree
4 1 (0.76%) SC Cleared
4 1 (0.76%) Security Cleared
Quality Assurance & Compliance
1 3 (2.29%) MiFID
2 1 (0.76%) QA
System Software
1 18 (13.74%) Docker
Systems Management
1 19 (14.50%) Kubernetes
2 3 (2.29%) Terraform
3 2 (1.53%) Ansible
3 2 (1.53%) Rundeck
4 1 (0.76%) Docker Swarm
4 1 (0.76%) Grafana
4 1 (0.76%) Kibana
4 1 (0.76%) logstash
4 1 (0.76%) Prometheus
4 1 (0.76%) Single Sign-On
Vendors
1 13 (9.92%) Oracle
2 2 (1.53%) Bloomberg
2 2 (1.53%) Dynatrace
2 2 (1.53%) MuleSoft
2 2 (1.53%) Sybase
3 1 (0.76%) Atlassian
3 1 (0.76%) CheckPoint
3 1 (0.76%) Confluent
3 1 (0.76%) Databricks
3 1 (0.76%) FIS
3 1 (0.76%) Google
3 1 (0.76%) IBM
3 1 (0.76%) ION Trading
3 1 (0.76%) OpenText
3 1 (0.76%) Salesforce.com
3 1 (0.76%) Splunk
3 1 (0.76%) SunGard
3 1 (0.76%) Talend
3 1 (0.76%) WSO2