Period
to 19 January 2018

The median contractor rate for a Senior Software Engineer was £500 per day in advertised job vacancies in the City of London during the 6 months to 19 January 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.

Senior Software Engineer
Central London > City of London
6 months to
19 Jan 2018
Same period 2017 Same period 2016
Rank 231 226 233
Rank change year-on-year -5 +7 +53
Contract jobs requiring a Senior Software Engineer 21 6 8
As % of all contract IT jobs advertised in the City of London 0.30% 0.096% 0.11%
As % of the Job Titles category 0.31% 0.10% 0.12%
Number of daily rates quoted 19 6 8
City of London median daily rate £500 £438 £459
Median daily rate % change year-on-year +14.29% -4.58% +4.44%
10th Percentile £470 £375 £350
90th Percentile £700 £531 £592
Central London median daily rate £500 £450 £424
% change year-on-year +11.11% +6.19% -3.47%
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 6,685 5,951 6,861
% of contract IT jobs with a recognized job title 94.23% 95.55% 95.61%
Number of daily rates quoted 5,311 4,722 5,412
City of London median daily rate £500 £475 £460
Median daily rate % change year-on-year +5.26% +3.26% +5.14%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £644
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.26%
Number of hourly rates quoted 89 67 100
City of London median hourly rate £17.00 £17.89 £20.00
Median hourly rate % change year-on-year -4.95% -10.55% +19.37%
10th Percentile £11.25 £12.84 £10.98
90th Percentile £30.80 £55.00 £41.30
Central London median hourly rate £18.10 £17.13 £19.50
% change year-on-year +5.69% -12.18% +18.18%

Senior Software Engineer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Senior Software Engineer in the City of London

Senior Software Engineer
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 Software Engineer in the City of London.

Contractor daily rate trend for Senior Software Engineer in the City of London

Senior Software Engineer
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Senior Software Engineer in the City of London over the 6 months to 19 January 2018.

Contractor daily rate histogram for Senior Software Engineer in the City of London

Senior Software Engineer Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 19 January 2018, Senior Software Engineer 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 Software Engineer in the job title.

1 21 (100.00%) Software Engineering
2 16 (76.19%) Agile Software Development
3 15 (71.43%) Java
4 9 (42.86%) Scrum
5 8 (38.10%) Spring
5 8 (38.10%) Python
5 8 (38.10%) WebRTC
6 7 (33.33%) TDD
6 7 (33.33%) NoSQL
7 5 (23.81%) Git (software)
7 5 (23.81%) RESTful
7 5 (23.81%) Finance
7 5 (23.81%) AngularJS
7 5 (23.81%) Microservices
8 4 (19.05%) Docker
8 4 (19.05%) REST
9 3 (14.29%) Node.js
9 3 (14.29%) MongoDB
9 3 (14.29%) Apache Cassandra
9 3 (14.29%) Scala
9 3 (14.29%) Hadoop
9 3 (14.29%) Microsoft Azure
9 3 (14.29%) Bash Shell
9 3 (14.29%) Cucumber
9 3 (14.29%) Derivative
9 3 (14.29%) Interest Rate Derivative
9 3 (14.29%) Oracle Coherence
9 3 (14.29%) Credit Risk
9 3 (14.29%) Market Risk
9 3 (14.29%) Continuous Integration

Senior Software Engineer 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 (14.29%) Apache Spark
1 3 (14.29%) Oracle Coherence
Cloud Services
1 3 (14.29%) Microsoft Azure
2 2 (9.52%) SaaS
2 2 (9.52%) Serverless
3 1 (4.76%) Amazon AWS
3 1 (4.76%) Google Cloud Platform
Database & Business Intelligence
1 7 (33.33%) NoSQL
2 3 (14.29%) Apache Cassandra
2 3 (14.29%) Big Data
2 3 (14.29%) Hadoop
2 3 (14.29%) HBase
2 3 (14.29%) MongoDB
2 3 (14.29%) Spark SQL
3 2 (9.52%) Cosmos DB
Development Applications
1 5 (23.81%) Git (software)
2 3 (14.29%) Cucumber
2 3 (14.29%) Maven
2 3 (14.29%) SonarQube
2 3 (14.29%) TeamCity
3 2 (9.52%) Jenkins
4 1 (4.76%) Atlassian Bamboo
4 1 (4.76%) Babel
4 1 (4.76%) Hudson
4 1 (4.76%) webpack
General
1 5 (23.81%) Finance
2 3 (14.29%) Front Office
2 3 (14.29%) Games
Libraries, Frameworks & Software Standards
1 8 (38.10%) Spring
1 8 (38.10%) WebRTC
2 5 (23.81%) AngularJS
2 5 (23.81%) RESTful
3 4 (19.05%) REST
4 3 (14.29%) Akka
4 3 (14.29%) Apache Avro
4 3 (14.29%) Gherkin
4 3 (14.29%) Kafka
4 3 (14.29%) Node.js
4 3 (14.29%) OpenCL
5 2 (9.52%) .NET
5 2 (9.52%) Angular 2
5 2 (9.52%) ASP.NET Web API
5 2 (9.52%) React
5 2 (9.52%) Vue (Vue.js)
5 2 (9.52%) Web Services
6 1 (4.76%) CSS
6 1 (4.76%) Dropwizard
6 1 (4.76%) Ruby on Rails
Miscellaneous
1 3 (14.29%) Credit Risk
1 3 (14.29%) Derivative
1 3 (14.29%) Interest Rate Derivative
1 3 (14.29%) Market Risk
2 2 (9.52%) Analytical Skills
2 2 (9.52%) Computer Science
2 2 (9.52%) NHS
3 1 (4.76%) User Experience
Operating Systems
1 3 (14.29%) Linux
2 1 (4.76%) Unix
Processes & Methodologies
1 21 (100.00%) Software Engineering
2 16 (76.19%) Agile Software Development
3 9 (42.86%) Scrum
4 7 (33.33%) TDD
5 5 (23.81%) Microservices
6 3 (14.29%) Continuous Integration
6 3 (14.29%) Data Modelling
6 3 (14.29%) MapReduce
6 3 (14.29%) PnL Attribution
6 3 (14.29%) Risk Management
6 3 (14.29%) Technical Analysis
7 2 (9.52%) BDD
7 2 (9.52%) Business Intelligence
7 2 (9.52%) Continuous Delivery
7 2 (9.52%) High Availability
7 2 (9.52%) Machine Learning
7 2 (9.52%) Multithreading
7 2 (9.52%) MVC
7 2 (9.52%) SDLC
8 1 (4.76%) Front End Development
Programming Languages
1 15 (71.43%) Java
2 8 (38.10%) Python
3 3 (14.29%) Bash Shell
3 3 (14.29%) Groovy
3 3 (14.29%) Scala
3 3 (14.29%) SQL
4 2 (9.52%) C#
4 2 (9.52%) C++
4 2 (9.52%) JavaScript
5 1 (4.76%) ES6
5 1 (4.76%) Perl
5 1 (4.76%) Ruby
5 1 (4.76%) TypeScript
Qualifications
1 2 (9.52%) Computer Science Degree
1 2 (9.52%) Degree
System Software
1 4 (19.05%) Docker
2 3 (14.29%) Apache ZooKeeper
2 3 (14.29%) HDFS
Systems Management
1 3 (14.29%) Mesos
2 1 (4.76%) Ansible
2 1 (4.76%) Terraform
Vendors
1 3 (14.29%) Oracle
2 1 (4.76%) Google
2 1 (4.76%) ION Trading