Period
to 25 July 2017

The median contractor rate for a RAD Developer was £575 per day in advertised job vacancies in the City of London during the 6 months to 25 July 2017.

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.

Rapid Application Developer (RAD) Developer
Central London > City of London
6 months to
25 Jul 2017
Same period 2016 Same period 2015
Rank 238 233 286
Rank change year-on-year -5 +53 +12
Contract jobs requiring a RAD Developer 2 4 15
As % of all contract IT jobs advertised in the City of London 0.031% 0.058% 0.13%
As % of the Job Titles category 0.032% 0.061% 0.14%
Number of daily rates quoted 1 3 13
City of London median daily rate £575 £535 £425
Median daily rate % change year-on-year +7.48% +25.88% -12.82%
10th Percentile £563 £484 £401
90th Percentile £588 £553 £585
Central London median daily rate £575 £535 £425
% change year-on-year +7.48% +25.88% -12.82%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 6184 6521 10911
As % of all contract IT job vacancies advertised in the City of London 95.76% 95.28% 95.26%
Number of daily rates quoted 4743 5247 8355
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -
10th Percentile £310 £300 £263
90th Percentile £675 £650 £638
Central London median daily rate £488 £455 £450
% change year-on-year +7.14% +1.11% +4.65%
Number of hourly rates quoted 75 79 165
City of London median hourly rate £17.77 £19.00 £19.00
Median hourly rate % change year-on-year -6.47% - +1.60%
10th Percentile £12.52 £11.45 £10.35
90th Percentile £30.04 £36.71 £37.03
Central London median hourly rate £17.25 £19.75 £18.60
% change year-on-year -12.65% +6.17% +6.29%

RAD Developer
Job Vacancy Trend in the City of London

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

Job vacancy trend for RAD Developer in the City of London

RAD Developer
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 RAD Developer in the City of London.

Contractor daily rate trend for RAD Developer in the City of London

RAD Developer Skill Set
Top 15 Co-occurring IT Skills in the City of London

For the 6 months to 25 July 2017, RAD Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring RAD Developer in the job title.

1 2 (100.00%) VBA
1 2 (100.00%) RAD
1 2 (100.00%) Front Office
2 1 (50.00%) Prototyping
2 1 (50.00%) Orchestrade
2 1 (50.00%) Banking
2 1 (50.00%) RMDS
2 1 (50.00%) Investment Banking
2 1 (50.00%) Business Analysis
2 1 (50.00%) Derivative
2 1 (50.00%) Spreadsheet
2 1 (50.00%) Risk Management
2 1 (50.00%) Finance
2 1 (50.00%) Fixed Income
2 1 (50.00%) Microsoft Excel

RAD 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:

Applications
1 1 (50.00%) Microsoft Excel
1 1 (50.00%) Spreadsheet
Business Applications
1 1 (50.00%) Orchestrade
1 1 (50.00%) RMDS
General
1 2 (100.00%) Front Office
2 1 (50.00%) Banking
2 1 (50.00%) Finance
2 1 (50.00%) Investment Banking
Miscellaneous
1 1 (50.00%) Derivative
1 1 (50.00%) Fixed Income
Processes & Methodologies
1 2 (100.00%) RAD
2 1 (50.00%) Business Analysis
2 1 (50.00%) Prototyping
2 1 (50.00%) Risk Management
Programming Languages
1 2 (100.00%) VBA