Software Development Engineer
Central London > City of London
The median Software Development Engineer daily rate in the City of London is £450, according to job vacancies posted in the 6 months leading up to 1 May 2025.
The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.
|
|
6 months to
1 May 2025 |
Same period 2024 |
Same period 2023 |
| Rank |
117 |
126 |
177 |
| Rank change year-on-year |
+9 |
+51 |
- |
| Contract jobs requiring a Software Development Engineer |
2 |
1 |
1 |
| As % of all contract jobs advertised in the City of London |
0.11% |
0.046% |
0.027% |
| As % of the Job Titles category |
0.12% |
0.048% |
0.029% |
| Number of daily rates quoted |
1 |
1 |
1 |
| 10th Percentile |
- |
- |
- |
| 25th Percentile |
£425 |
£413 |
£700 |
| Median daily rate (50th Percentile) |
£450 |
£425 |
£750 |
| Median % change year-on-year |
+5.88% |
-43.33% |
- |
| 75th Percentile |
£475 |
£438 |
£800 |
| 90th Percentile |
- |
- |
- |
| Central London median daily rate |
£450 |
£425 |
£750 |
| % change year-on-year |
+5.88% |
-43.33% |
- |
For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies 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.
| Contract vacancies in the City of London with a recognized job title |
1,632 |
2,086 |
3,469 |
| % of contract IT jobs with a recognized job title |
92.94% |
94.95% |
95.22% |
| Number of daily rates quoted |
1,021 |
1,483 |
2,364 |
| 10th Percentile |
£350 |
£350 |
£350 |
| 25th Percentile |
£463 |
£450 |
£475 |
| Median daily rate (50th Percentile) |
£575 |
£563 |
£600 |
| Median % change year-on-year |
+2.22% |
-6.25% |
+6.19% |
| 75th Percentile |
£681 |
£688 |
£725 |
| 90th Percentile |
£775 |
£798 |
£820 |
| Central London median daily rate |
£575 |
£550 |
£585 |
| % change year-on-year |
+4.55% |
-5.98% |
+4.46% |
| Number of hourly rates quoted |
13 |
15 |
22 |
| 10th Percentile |
£22.00 |
£15.62 |
£15.50 |
| 25th Percentile |
£24.66 |
£20.22 |
£18.50 |
| Median hourly rate |
£31.00 |
£23.00 |
£35.00 |
| Median % change year-on-year |
+34.78% |
-34.29% |
-6.04% |
| 75th Percentile |
£48.75 |
£27.25 |
£58.75 |
| 90th Percentile |
£92.75 |
£40.00 |
£87.97 |
| Central London median hourly rate |
£29.07 |
£25.78 |
£35.00 |
| % change year-on-year |
+12.76% |
-26.34% |
-6.04% |
