Period
to 20 November 2017

The median contractor rate for a Senior Java Developer was £625 per day in advertised job vacancies in the City of London during the 6 months to 20 November 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.

Senior Java Developer
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 108 107 170
Rank change year-on-year -1 +63 +40
Contract jobs requiring a Senior Java Developer 150 154 103
As % of all contract IT jobs advertised in the City of London 2.12% 2.34% 1.13%
As % of the Job Titles category 2.24% 2.45% 1.18%
Number of daily rates quoted 140 146 97
City of London median daily rate £625 £553 £588
Median daily rate % change year-on-year +13.12% -5.96% +6.09%
10th Percentile £474 £463 £420
90th Percentile £775 £688 £753
Central London median daily rate £600 £550 £575
% change year-on-year +9.09% -4.35% +9.52%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 6700 6297 8710
% of contract IT jobs with a recognized job title 94.53% 95.48% 95.27%
Number of daily rates quoted 5290 5007 6838
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £678 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 77 127
City of London median hourly rate £17.00 £17.50 £19.00
Median hourly rate % change year-on-year -2.86% -7.89% +8.57%
10th Percentile £11.25 £11.50 £10.30
90th Percentile £29.29 £48.40 £39.25
Central London median hourly rate £18.10 £17.21 £18.00
% change year-on-year +5.19% -4.40% +7.46%

Senior Java Developer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Senior Java Developer in the City of London

Senior Java 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 Senior Java Developer in the City of London.

Contractor daily rate trend for Senior Java Developer in the City of London

Senior Java Developer
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Senior Java Developer in the City of London over the 6 months to 20 November 2017.

Contractor daily rate histogram for Senior Java Developer in the City of London

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

For the 6 months to 20 November 2017, Senior Java 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 Senior Java Developer in the job title.

1 150 (100.00%) Java
2 93 (62.00%) Finance
3 84 (56.00%) Banking
4 71 (47.33%) Agile Software Development
5 51 (34.00%) Linux
6 43 (28.67%) TDD
7 40 (26.67%) Front Office
8 38 (25.33%) Spring
9 37 (24.67%) Electronic Trading
10 34 (22.67%) Multithreading
11 31 (20.67%) Foreign Exchange (FX)
12 28 (18.67%) TIBCO
13 27 (18.00%) SQL
13 27 (18.00%) TIBCO EMS
13 27 (18.00%) Hibernate
13 27 (18.00%) Low Latency
14 24 (16.00%) ION Trading
14 24 (16.00%) FIX Protocol
14 24 (16.00%) Unix
15 23 (15.33%) JavaScript
15 23 (15.33%) KDB
15 23 (15.33%) ION MarketView
16 21 (14.00%) Sybase
17 20 (13.33%) Integration Testing
17 20 (13.33%) Microservices
18 19 (12.67%) Red Hat Enterprise Linux
19 18 (12.00%) Python
20 16 (10.67%) Oracle
20 16 (10.67%) Derivative
20 16 (10.67%) Maven

Senior 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 6 (4.00%) Apache
1 6 (4.00%) Elasticsearch
1 6 (4.00%) Tomcat
2 2 (1.33%) Apache Solr
2 2 (1.33%) Apache Spark
2 2 (1.33%) Oracle Coherence
2 2 (1.33%) WebSphere
3 1 (0.67%) Confluence
3 1 (0.67%) TIBCO ActiveMatrix
Applications
1 2 (1.33%) Spreadsheet
Business Applications
1 23 (15.33%) ION MarketView
2 1 (0.67%) BusinessWorks
Cloud Services
1 5 (3.33%) Amazon AWS
1 5 (3.33%) OpenShift
2 1 (0.67%) Amazon EC2
2 1 (0.67%) AWS CloudFormation
2 1 (0.67%) Cloud Computing
2 1 (0.67%) Microsoft Azure
Communications & Networking
1 2 (1.33%) HTTP
2 1 (0.67%) Internet
2 1 (0.67%) SMS
Database & Business Intelligence
1 23 (15.33%) KDB
2 15 (10.00%) SQL Server
3 10 (6.67%) RDBMS
3 10 (6.67%) Relational Database
4 7 (4.67%) Big Data
5 6 (4.00%) NoSQL
6 3 (2.00%) Apache Cassandra
6 3 (2.00%) Kdb+
7 2 (1.33%) Blockchain
7 2 (1.33%) Hadoop
7 2 (1.33%) Hazelcast
7 2 (1.33%) HBase
8 1 (0.67%) InfluxDB
8 1 (0.67%) MongoDB
8 1 (0.67%) Sybase ASE
8 1 (0.67%) Tick Data
Development Applications
1 16 (10.67%) Maven
2 11 (7.33%) Cucumber
3 10 (6.67%) Jenkins
3 10 (6.67%) TeamCity
4 9 (6.00%) Gradle
5 8 (5.33%) Git (software)
5 8 (5.33%) JUnit
6 4 (2.67%) Mockito
7 2 (1.33%) JIRA
7 2 (1.33%) Robot Framework
7 2 (1.33%) Spock
8 1 (0.67%) Eclipse
8 1 (0.67%) Protractor
8 1 (0.67%) Subversion
General
1 93 (62.00%) Finance
2 84 (56.00%) Banking
3 40 (26.67%) Front Office
4 16 (10.67%) Investment Banking
5 8 (5.33%) Retail
6 5 (3.33%) Games
7 1 (0.67%) Law
7 1 (0.67%) Manufacturing
7 1 (0.67%) Marketing
Libraries, Frameworks & Software Standards
1 38 (25.33%) Spring
2 27 (18.00%) Hibernate
2 27 (18.00%) TIBCO EMS
3 24 (16.00%) FIX Protocol
4 15 (10.00%) HTML
5 14 (9.33%) XML
6 13 (8.67%) AngularJS
6 13 (8.67%) JMS
7 12 (8.00%) REST
8 9 (6.00%) Kafka
9 8 (5.33%) Middleware
9 8 (5.33%) RESTful
10 7 (4.67%) J2EE
10 7 (4.67%) React
10 7 (4.67%) SOAP
11 6 (4.00%) .NET
11 6 (4.00%) CSS
11 6 (4.00%) JSP
11 6 (4.00%) Node.js
11 6 (4.00%) Spring Boot
Miscellaneous
1 31 (20.67%) Foreign Exchange (FX)
2 16 (10.67%) Derivative
3 7 (4.67%) Credit Risk
3 7 (4.67%) Equities
4 6 (4.00%) Hedge funds
5 5 (3.33%) Fintech
5 5 (3.33%) Online Games
6 4 (2.67%) Analytical Skills
6 4 (2.67%) Data Structures
6 4 (2.67%) Equity Derivative
7 3 (2.00%) Greenfield Project
8 2 (1.33%) Computer Science
8 2 (1.33%) Credit Derivative
8 2 (1.33%) Fixed Income
8 2 (1.33%) Grid Computing
9 1 (0.67%) Client/Server
9 1 (0.67%) Enterprise Software
9 1 (0.67%) Market Risk
9 1 (0.67%) TWAP
9 1 (0.67%) VWAP
Operating Systems
1 51 (34.00%) Linux
2 24 (16.00%) Unix
3 19 (12.67%) Red Hat Enterprise Linux
4 13 (8.67%) Windows
5 6 (4.00%) Solaris
5 6 (4.00%) Windows Server
Processes & Methodologies
1 71 (47.33%) Agile Software Development
2 43 (28.67%) TDD
3 37 (24.67%) Electronic Trading
4 34 (22.67%) Multithreading
5 27 (18.00%) Low Latency
6 20 (13.33%) Integration Testing
6 20 (13.33%) Microservices
7 16 (10.67%) DevOps
8 14 (9.33%) Algorithmic Trading
9 13 (8.67%) Continuous Integration
9 13 (8.67%) Test Automation
10 12 (8.00%) Market Making
11 11 (7.33%) Pair Programming
11 11 (7.33%) Risk Management
12 10 (6.67%) Analytics
12 10 (6.67%) E-Commerce
12 10 (6.67%) Scrum
12 10 (6.67%) SDLC
13 9 (6.00%) OO
13 9 (6.00%) Ultra-Low Latency
Programming Languages
1 150 (100.00%) Java
2 27 (18.00%) SQL
3 23 (15.33%) JavaScript
4 18 (12.00%) Python
5 15 (10.00%) Scala
6 10 (6.67%) C++
7 9 (6.00%) VBA
8 8 (5.33%) Kotlin
9 7 (4.67%) C#
10 4 (2.67%) Go
10 4 (2.67%) Groovy
10 4 (2.67%) PL/SQL
10 4 (2.67%) XPath
11 3 (2.00%) Clojure
12 2 (1.33%) Bash Shell
12 2 (1.33%) Shell Script
Qualifications
1 4 (2.67%) Degree
1 4 (2.67%) PhD
2 2 (1.33%) Master's Degree
3 1 (0.67%) Computer Science Degree
Quality Assurance & Compliance
1 2 (1.33%) MiFID
1 2 (1.33%) QA
System Software
1 13 (8.67%) Docker
Systems Management
1 8 (5.33%) Ansible
2 6 (4.00%) Grafana
3 5 (3.33%) Kibana
3 5 (3.33%) Kubernetes
3 5 (3.33%) Prometheus
4 1 (0.67%) Opscode Chef
4 1 (0.67%) Puppet
4 1 (0.67%) Terraform
Vendors
1 28 (18.67%) TIBCO
2 24 (16.00%) ION Trading
3 21 (14.00%) Sybase
4 16 (10.67%) Oracle
5 5 (3.33%) IBM
5 5 (3.33%) Red Hat
5 5 (3.33%) Splunk
6 2 (1.33%) Solace
7 1 (0.67%) Bloomberg
7 1 (0.67%) Perforce
7 1 (0.67%) Progress
7 1 (0.67%) StreamBase