Period
to 25 January 2022

The median contractor rate for a Senior Java Developer was £605 per day in advertised job vacancies in the City of London during the 6 months to 25 January 2022.

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
25 Jan 2022
Same period 2021 Same period 2020
Rank 158 116 154
Rank change year-on-year -42 +38 -42
Contract jobs requiring a Senior Java Developer 28 16 42
As % of all contract jobs advertised in the City of London 0.70% 0.77% 0.86%
As % of the Job Titles category 0.76% 0.83% 0.92%
Number of daily rates quoted 23 16 37
10th Percentile £563 £469 £448
25th Percentile £603 £553 £525
Median daily rate (50th Percentile) £605 £663 £660
Median % change year-on-year -8.68% +0.38% +14.78%
75th Percentile £778 £688 £723
90th Percentile £806 £731 £740
Central London median daily rate £605 £655 £655
% change year-on-year -7.63% - +9.17%

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 3,705 1,933 4,562
% of contract IT jobs with a recognized job title 92.39% 92.58% 93.45%
Number of daily rates quoted 2,866 1,469 3,581
10th Percentile £358 £306 £300
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £515 £500
Median % change year-on-year +6.80% +3.00% -
75th Percentile £650 £604 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £510 £500
% change year-on-year +7.84% +2.00% -
Number of hourly rates quoted 46 19 60
10th Percentile £13.88 £16.15 £12.38
25th Percentile £18.63 £20.50 £14.19
Median hourly rate £34.75 £23.00 £19.75
Median % change year-on-year +51.09% +16.46% +5.61%
75th Percentile £51.50 £36.88 £25.50
90th Percentile £62.50 £46.35 £49.50
Central London median hourly rate £35.00 £24.75 £20.00
% change year-on-year +41.41% +23.75% +6.95%

Senior Java Developer
Job Vacancy Trend in the City of London

Job postings that featured Senior Java Developer in the job title as a proportion 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

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

Daily rate trend for Senior Java Developer in the City of London

Senior Java Developer
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Senior Java Developer in the City of London over the 6 months to 25 January 2022.

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 25 January 2022, Senior 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 Senior Java Developer in the job title.

1 28 (100.00%) Java
2 13 (46.43%) Finance
3 12 (42.86%) TDD
4 11 (39.29%) Agile Software Development
5 10 (35.71%) Banking
6 8 (28.57%) Computer Science
7 7 (25.00%) RESTful
7 7 (25.00%) Degree
7 7 (25.00%) Mathematics
7 7 (25.00%) Functional Programming
7 7 (25.00%) Publishing
7 7 (25.00%) PostgreSQL
7 7 (25.00%) Kotlin
8 6 (21.43%) Investment Banking
8 6 (21.43%) Unix
8 6 (21.43%) Linux
9 5 (17.86%) Oracle
9 5 (17.86%) Kafka
9 5 (17.86%) Microservices
10 4 (14.29%) Fintech
10 4 (14.29%) Front Office
10 4 (14.29%) Foreign Exchange (FX)
10 4 (14.29%) Migration
11 3 (10.71%) Ruby
11 3 (10.71%) SQL
11 3 (10.71%) Web Services
11 3 (10.71%) Apache
11 3 (10.71%) Python
11 3 (10.71%) REST
11 3 (10.71%) Big Data

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 3 (10.71%) Apache
1 3 (10.71%) Apache Spark
2 2 (7.14%) Oracle Coherence
Cloud Services
1 2 (7.14%) AWS
1 2 (7.14%) GitHub
Database & Business Intelligence
1 7 (25.00%) PostgreSQL
2 3 (10.71%) Apache Cassandra
2 3 (10.71%) Big Data
3 1 (3.57%) NoSQL
Development Applications
1 2 (7.14%) Git (software)
General
1 13 (46.43%) Finance
2 10 (35.71%) Banking
3 7 (25.00%) Publishing
4 6 (21.43%) Investment Banking
5 4 (14.29%) Front Office
6 3 (10.71%) Social Skills
7 2 (7.14%) Analytical Skills
Libraries, Frameworks & Software Standards
1 7 (25.00%) RESTful
2 5 (17.86%) Kafka
3 3 (10.71%) Apache Beam
3 3 (10.71%) REST
3 3 (10.71%) Spring
3 3 (10.71%) Web Services
4 2 (7.14%) Apache Flex
4 2 (7.14%) Spring Boot
5 1 (3.57%) Hibernate
5 1 (3.57%) J2SE
5 1 (3.57%) Node.js
Miscellaneous
1 4 (14.29%) Foreign Exchange (FX)
2 3 (10.71%) Derivative
2 3 (10.71%) Greenfield Project
3 2 (7.14%) Data Structures
3 2 (7.14%) Equity Derivative
4 1 (3.57%) Algorithms
4 1 (3.57%) Interest Rate Derivative
4 1 (3.57%) N-Tier
4 1 (3.57%) Virtual Team
Operating Systems
1 6 (21.43%) Linux
1 6 (21.43%) Unix
2 3 (10.71%) Mac OS
Processes & Methodologies
1 12 (42.86%) TDD
2 11 (39.29%) Agile Software Development
3 8 (28.57%) Computer Science
4 7 (25.00%) Functional Programming
4 7 (25.00%) Mathematics
5 5 (17.86%) Microservices
6 4 (14.29%) Fintech
6 4 (14.29%) Migration
7 3 (10.71%) CI/CD
7 3 (10.71%) Low Latency
8 2 (7.14%) Algorithmic Trading
8 2 (7.14%) Analytics
8 2 (7.14%) Data Migration
8 2 (7.14%) DevOps
8 2 (7.14%) Electronic Trading
8 2 (7.14%) Market Making
8 2 (7.14%) Multithreading
8 2 (7.14%) Performance Tuning
8 2 (7.14%) Systematic Trading
8 2 (7.14%) Test Automation
Programming Languages
1 28 (100.00%) Java
2 7 (25.00%) Kotlin
3 3 (10.71%) Python
3 3 (10.71%) Ruby
3 3 (10.71%) SQL
4 1 (3.57%) Java 11
4 1 (3.57%) Java 8
4 1 (3.57%) JavaScript
4 1 (3.57%) TypeScript
Qualifications
1 7 (25.00%) Degree
Quality Assurance & Compliance
1 3 (10.71%) Accessibility
System Software
1 1 (3.57%) Docker
Vendors
1 5 (17.86%) Oracle