Period
to 19 October 2021

The median contractor rate for a Junior was £358 per day in advertised job vacancies in the City of London during the 6 months to 19 October 2021.

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
19 Oct 2021
Same period 2020 Same period 2019
Rank 156 97 190
Rank change year-on-year -59 +93 +37
Contract jobs requiring a Junior 18 17 38
As % of all contract jobs advertised in the City of London 0.46% 0.95% 0.64%
As % of the Job Titles category 0.50% 1.04% 0.68%
Number of daily rates quoted 11 14 29
10th Percentile £125 £86 £139
25th Percentile £140 £125 £250
Median daily rate (50th Percentile) £358 £190 £300
Median % change year-on-year +88.16% -36.67% +29.03%
75th Percentile £438 £252 £338
90th Percentile £500 £275 £395
Central London median daily rate £358 £190 £300
% change year-on-year +88.16% -36.67% +22.45%
Number of hourly rates quoted 1 1 2
10th Percentile " " £12.65
25th Percentile £16.43 £17.00 £13.63
Median hourly rate £16.85 £18.00 £15.50
Median % change year-on-year -6.39% +16.13% +19.23%
75th Percentile £17.28 £19.00 £17.63
90th Percentile " " £18.75
Central London median hourly rate £16.85 £18.00 £19.00
% change year-on-year -6.39% -5.26% +46.15%

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 3,606 1,641 5,572
% of contract IT jobs with a recognized job title 92.75% 91.93% 93.88%
Number of daily rates quoted 2,721 1,246 4,417
10th Percentile £355 £306 £313
25th Percentile £461 £413 £413
Median daily rate (50th Percentile) £550 £511 £513
Median % change year-on-year +7.58% -0.24% +2.50%
75th Percentile £650 £600 £600
90th Percentile £740 £675 £675
Central London median daily rate £550 £511 £500
% change year-on-year +7.58% +2.25% -
Number of hourly rates quoted 39 25 70
10th Percentile £13.83 £15.50 £11.70
25th Percentile £17.34 £20.00 £13.31
Median hourly rate £28.00 £35.50 £19.50
Median % change year-on-year -21.13% +82.05% +4.28%
75th Percentile £37.75 £46.00 £23.69
90th Percentile £61.95 £47.75 £49.15
Central London median hourly rate £28.50 £33.50 £20.50
% change year-on-year -14.93% +63.41% +9.63%

Junior
Job Vacancy Trend in the City of London

Job postings that featured Junior in the job title as a proportion 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

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

Daily rate trend for Junior in the City of London

Junior
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Junior in the City of London over the 6 months to 19 October 2021.

Daily rate histogram for Junior in the City of London

Junior
Contractor Hourly Rate Trend in the City of London

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

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 19 October 2021, 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 9 (50.00%) Finance
2 4 (22.22%) Azure
2 4 (22.22%) Python
2 4 (22.22%) Agile Software Development
3 3 (16.67%) Asset Management
3 3 (16.67%) Data Analysis
3 3 (16.67%) SQL
3 3 (16.67%) Analytics
3 3 (16.67%) Organisational Skills
4 2 (11.11%) Social Skills
4 2 (11.11%) Presentation Skills
4 2 (11.11%) Data Sharing
4 2 (11.11%) SD-WAN
4 2 (11.11%) Machine Learning
4 2 (11.11%) Network Security
4 2 (11.11%) Investment Management
4 2 (11.11%) Mathematics
4 2 (11.11%) Visualisation
4 2 (11.11%) Data Quality
4 2 (11.11%) CMDB
4 2 (11.11%) Bayesian Methods
4 2 (11.11%) Coaching
4 2 (11.11%) Analytical Skills
4 2 (11.11%) Algorithms
4 2 (11.11%) Task Automation
4 2 (11.11%) Network Virtualisation
4 2 (11.11%) Data Science
4 2 (11.11%) Decision-Making
4 2 (11.11%) Problem-Solving
4 2 (11.11%) Meraki

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 (5.56%) Oracle SOA Suite
1 1 (5.56%) Tornado
Applications
1 2 (11.11%) Microsoft Office
1 2 (11.11%) Microsoft PowerPoint
2 1 (5.56%) Microsoft Excel
Cloud Services
1 4 (22.22%) Azure
2 2 (11.11%) Azure ExpressRoute
3 1 (5.56%) AWS
3 1 (5.56%) IaaS
3 1 (5.56%) Microsoft 365
3 1 (5.56%) PaaS
Communications & Networking
1 2 (11.11%) Firewall
1 2 (11.11%) LAN
1 2 (11.11%) Network Security
1 2 (11.11%) SD-WAN
1 2 (11.11%) VoIP
1 2 (11.11%) WAN
1 2 (11.11%) WLAN
2 1 (5.56%) Internet
Database & Business Intelligence
1 2 (11.11%) Data Warehouse
2 1 (5.56%) KDB
2 1 (5.56%) Oracle Database
2 1 (5.56%) SQL Server
2 1 (5.56%) SQL Server Analysis Services
2 1 (5.56%) SQL Server Integration Services
Development Applications
1 1 (5.56%) Git (software)
General
1 9 (50.00%) Finance
2 3 (16.67%) Organisational Skills
3 2 (11.11%) Analytical Skills
3 2 (11.11%) Marketing
3 2 (11.11%) Presentation Skills
3 2 (11.11%) Retail
3 2 (11.11%) Social Skills
4 1 (5.56%) Advertising
4 1 (5.56%) Banking
Libraries, Frameworks & Software Standards
1 1 (5.56%) AngularJS
1 1 (5.56%) Flask
1 1 (5.56%) Node.js
1 1 (5.56%) REST
1 1 (5.56%) Spring
1 1 (5.56%) Twisted
1 1 (5.56%) WSDL
Miscellaneous
1 2 (11.11%) Algorithms
1 2 (11.11%) CMDB
1 2 (11.11%) Management Information System
2 1 (5.56%) Blackberry
2 1 (5.56%) Reinsurance
Operating Systems
1 1 (5.56%) Windows
Processes & Methodologies
1 4 (22.22%) Agile Software Development
2 3 (16.67%) Analytics
2 3 (16.67%) Asset Management
2 3 (16.67%) Data Analysis
3 2 (11.11%) Bayesian Methods
3 2 (11.11%) Coaching
3 2 (11.11%) Data Science
3 2 (11.11%) Data Sharing
3 2 (11.11%) Decision-Making
3 2 (11.11%) Digital Analytics
3 2 (11.11%) Econometrics
3 2 (11.11%) Investment Management
3 2 (11.11%) Machine Learning
3 2 (11.11%) Mathematics
3 2 (11.11%) Network Segmentation
3 2 (11.11%) Network Virtualisation
3 2 (11.11%) Problem-Solving
3 2 (11.11%) Statistics
3 2 (11.11%) Task Automation
3 2 (11.11%) Visualisation
Programming Languages
1 4 (22.22%) Python
2 3 (16.67%) SQL
3 2 (11.11%) Java
4 1 (5.56%) PL/SQL
4 1 (5.56%) T-SQL
Qualifications
1 2 (11.11%) Degree
Quality Assurance & Compliance
1 2 (11.11%) Data Quality
2 1 (5.56%) QA
Vendors
1 2 (11.11%) Cisco
1 2 (11.11%) Meraki
1 2 (11.11%) Oracle
1 2 (11.11%) Salesforce.com
2 1 (5.56%) Microsoft
2 1 (5.56%) TIBCO