Period
to 27 May 2018

The median contractor rate for a Junior was £300 per day in advertised job vacancies in the City of London during the 6 months to 27 May 2018.

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.

Junior
Central London > City of London
6 months to
27 May 2018
Same period 2017 Same period 2016
Rank 206 189 176
Rank change year-on-year -17 -13 +44
Contract jobs requiring a Junior 39 48 55
As % of all contract IT jobs advertised in the City of London 0.56% 0.77% 0.85%
As % of the Job Titles category 0.59% 0.81% 0.88%
Number of daily rates quoted 30 33 43
City of London median daily rate £300 £225 £250
Median daily rate % change year-on-year +33.33% -10.00% -0.99%
10th Percentile £218 £102 £129
90th Percentile £376 £445 £375
Central London median daily rate £300 £225 £250
% change year-on-year +33.33% -10.00% -
Number of hourly rates quoted 3 3 2
City of London median hourly rate £13.00 £13.50 £11.00
Median hourly rate % change year-on-year -3.70% +22.73% -39.95%
Central London median hourly rate £13.00 £13.50 £11.00
% change year-on-year -3.70% +22.73% -37.14%

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 6,558 5,940 6,215
% of contract IT jobs with a recognized job title 94.74% 95.79% 95.62%
Number of daily rates quoted 5,155 4,564 4,958
City of London median daily rate £500 £475 £475
Median daily rate % change year-on-year +5.26% - +5.56%
10th Percentile £313 £306 £294
90th Percentile £688 £656 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% -
Number of hourly rates quoted 113 68 81
City of London median hourly rate £18.70 £17.22 £20.00
Median hourly rate % change year-on-year +8.59% -13.90% +6.11%
10th Percentile £11.81 £12.50 £11.25
90th Percentile £34.95 £32.30 £47.00
Central London median hourly rate £19.00 £16.92 £20.00
% change year-on-year +12.33% -15.43% +6.11%

Junior
Job Vacancy Trend in the City of London

Job postings that featured Junior in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Junior in the City of London

Junior
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Junior in the City of London.

Contractor daily rate trend for Junior in the City of London

Junior
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Junior in the City of London over the 6 months to 27 May 2018.

Contractor daily rate histogram for Junior in the City of London

Junior
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Junior in the City of London.

Contractor hourly rate trend for Junior in the City of London

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

For the 6 months to 27 May 2018, Junior 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 Junior in the job title.

1 19 (48.72%) Finance
2 12 (30.77%) Banking
3 10 (25.64%) Microsoft Excel
3 10 (25.64%) Analytical Skills
4 8 (20.51%) VBA
4 8 (20.51%) Project Management
5 7 (17.95%) Risk Management
5 7 (17.95%) Statistical Modelling
5 7 (17.95%) Agile Software Development
5 7 (17.95%) Risk Analysis
5 7 (17.95%) Market Risk
6 5 (12.82%) Microsoft PowerPoint
7 4 (10.26%) Business Analysis
7 4 (10.26%) Degree
7 4 (10.26%) Microsoft
7 4 (10.26%) GDPR
8 3 (7.69%) PMO
8 3 (7.69%) Problem-Solving
8 3 (7.69%) .NET
8 3 (7.69%) C#
8 3 (7.69%) Java
8 3 (7.69%) SQL
8 3 (7.69%) Microsoft Office
8 3 (7.69%) PRINCE2
8 3 (7.69%) Windows
8 3 (7.69%) Asset Management
8 3 (7.69%) JIRA
9 2 (5.13%) Computer Science
9 2 (5.13%) QA
9 2 (5.13%) Time Management

Junior 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 1 (2.56%) CMS
1 1 (2.56%) Confluence
1 1 (2.56%) Tomcat
1 1 (2.56%) Umbraco
Applications
1 10 (25.64%) Microsoft Excel
2 5 (12.82%) Microsoft PowerPoint
3 3 (7.69%) Microsoft Office
4 2 (5.13%) MS Visio
5 1 (2.56%) Microsoft Project
Business Applications
1 1 (2.56%) Salesforce.com CRM
1 1 (2.56%) SimCorp Dimension
Cloud Services
1 1 (2.56%) Amazon AWS
1 1 (2.56%) Amazon S3
1 1 (2.56%) SaaS
Communications & Networking
1 2 (5.13%) Internet
Database & Business Intelligence
1 2 (5.13%) SQL Server
2 1 (2.56%) Microsoft Analysis Services
2 1 (2.56%) Power BI
2 1 (2.56%) PowerPivot
2 1 (2.56%) SQL Server 2012
2 1 (2.56%) SQL Server Analysis Services
2 1 (2.56%) SQL Server Integration Services
2 1 (2.56%) SQL Server Reporting Services
Development Applications
1 3 (7.69%) JIRA
2 2 (5.13%) SpecFlow
2 2 (5.13%) Visual Studio
General
1 19 (48.72%) Finance
2 12 (30.77%) Banking
3 2 (5.13%) Investment Banking
4 1 (2.56%) Corporate Banking
4 1 (2.56%) French Language
4 1 (2.56%) Front Office
4 1 (2.56%) Law
Libraries, Frameworks & Software Standards
1 3 (7.69%) .NET
2 1 (2.56%) Java EE
2 1 (2.56%) JSON
2 1 (2.56%) MDX
2 1 (2.56%) RabbitMQ
2 1 (2.56%) Spring
2 1 (2.56%) Spring Boot
2 1 (2.56%) WPF
2 1 (2.56%) XML
Miscellaneous
1 10 (25.64%) Analytical Skills
2 7 (17.95%) Market Risk
3 2 (5.13%) Computer Science
3 2 (5.13%) Self-Motivation
3 2 (5.13%) User Experience
4 1 (2.56%) Fintech
4 1 (2.56%) Hedge funds
4 1 (2.56%) PMI
Operating Systems
1 3 (7.69%) Windows
2 2 (5.13%) Windows 7
2 2 (5.13%) Windows 8
3 1 (2.56%) Linux
Processes & Methodologies
1 8 (20.51%) Project Management
2 7 (17.95%) Agile Software Development
2 7 (17.95%) Risk Analysis
2 7 (17.95%) Risk Management
2 7 (17.95%) Statistical Modelling
3 4 (10.26%) Business Analysis
4 3 (7.69%) Asset Management
4 3 (7.69%) PRINCE2
4 3 (7.69%) Problem-Solving
5 2 (5.13%) Analytical Thinking
5 2 (5.13%) Business Process Modelling
5 2 (5.13%) Data Analysis
5 2 (5.13%) MVC
5 2 (5.13%) QA Automation
5 2 (5.13%) Risk Identification and Mitigation
5 2 (5.13%) Scrum
5 2 (5.13%) Stakeholder Management
5 2 (5.13%) Systems Analysis
5 2 (5.13%) Target Operating Model
5 2 (5.13%) Ticket Management
Programming Languages
1 8 (20.51%) VBA
2 3 (7.69%) C#
2 3 (7.69%) Java
2 3 (7.69%) SQL
3 1 (2.56%) Data Analysis Expressions (DAX)
3 1 (2.56%) Java 8
3 1 (2.56%) Python
Qualifications
1 4 (10.26%) Degree
2 1 (2.56%) Computer Science Degree
2 1 (2.56%) PMI Certification
2 1 (2.56%) PMP
2 1 (2.56%) SC Cleared
2 1 (2.56%) Security Cleared
Quality Assurance & Compliance
1 4 (10.26%) GDPR
2 3 (7.69%) PMO
3 2 (5.13%) QA
System Software
1 2 (5.13%) Active Directory
Vendors
1 4 (10.26%) Microsoft
2 1 (2.56%) Bloomberg
2 1 (2.56%) HP
2 1 (2.56%) Reuters
2 1 (2.56%) Salesforce.com
2 1 (2.56%) SimCorp
2 1 (2.56%) Telerik