Period
to 18 November 2017

The median contractor rate for a Software Engineer was £500 per day in advertised job vacancies in the City of London during the 6 months to 18 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.

Software Engineer
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 212 221 171
Rank change year-on-year +9 -50 +72
Contract jobs requiring a Software Engineer 37 26 104
As % of all contract IT jobs advertised in the City of London 0.52% 0.39% 1.12%
As % of the Job Titles category 0.55% 0.41% 1.18%
Number of daily rates quoted 27 19 95
City of London median daily rate £500 £475 £650
Median daily rate % change year-on-year +5.26% -26.92% +34.65%
10th Percentile £420 £368 £421
90th Percentile £685 £623 £675
Central London median daily rate £500 £500 £650
% change year-on-year - -23.08% +39.63%
Number of hourly rates quoted 0 0 12
City of London median hourly rate - - £36.25
Central London median hourly rate - - £36.25

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 6694 6411 8806
% of contract IT jobs with a recognized job title 94.55% 95.54% 95.24%
Number of daily rates quoted 5291 5101 6921
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 £273
90th Percentile £675 £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 79 126
City of London median hourly rate £17.00 £17.25 £18.00
Median hourly rate % change year-on-year -1.45% -4.17% +5.88%
10th Percentile £11.25 £11.45 £10.25
90th Percentile £29.29 £47.83 £37.88
Central London median hourly rate £18.05 £17.08 £18.00
% change year-on-year +5.66% -5.10% +10.23%

Software Engineer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Software Engineer in the City of London

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 Software Engineer in the City of London.

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

Software Engineer
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Software Engineer in the City of London over the 6 months to 18 November 2017.

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

Software Engineer
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Software Engineer in the City of London.

Contractor hourly rate trend for Software Engineer in the City of London

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

For the 6 months to 18 November 2017, 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 Software Engineer in the job title.

1 34 (91.89%) Software Engineering
2 21 (56.76%) Agile Software Development
3 20 (54.05%) Java
4 12 (32.43%) SQL
5 11 (29.73%) TDD
5 11 (29.73%) Git (software)
5 11 (29.73%) NoSQL
6 10 (27.03%) Microservices
6 10 (27.03%) Finance
7 9 (24.32%) C#
7 9 (24.32%) RESTful
7 9 (24.32%) Amazon AWS
8 8 (21.62%) Continuous Integration
9 7 (18.92%) Microsoft Azure
9 7 (18.92%) Spring
9 7 (18.92%) .NET
9 7 (18.92%) Web Services
9 7 (18.92%) Scrum
9 7 (18.92%) BDD
9 7 (18.92%) Machine Learning
10 6 (16.22%) MongoDB
10 6 (16.22%) Node.js
10 6 (16.22%) Spring Boot
10 6 (16.22%) Linux
10 6 (16.22%) Python
10 6 (16.22%) Banking
11 5 (13.51%) Computer Science
11 5 (13.51%) Scala
11 5 (13.51%) Hadoop
11 5 (13.51%) SaaS

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 5 (13.51%) Apache Spark
2 3 (8.11%) Apache
2 3 (8.11%) Oracle Coherence
3 1 (2.70%) Confluence
3 1 (2.70%) Elasticsearch
3 1 (2.70%) Mule
3 1 (2.70%) Mule ESB
Applications
1 1 (2.70%) Microsoft Excel
Cloud Services
1 9 (24.32%) Amazon AWS
2 7 (18.92%) Microsoft Azure
3 5 (13.51%) SaaS
4 4 (10.81%) Serverless
5 1 (2.70%) Amazon EC2
5 1 (2.70%) Cloud Computing
Database & Business Intelligence
1 11 (29.73%) NoSQL
2 6 (16.22%) MongoDB
3 5 (13.51%) Apache Cassandra
3 5 (13.51%) Big Data
3 5 (13.51%) Hadoop
4 4 (10.81%) DocumentDB
5 3 (8.11%) HBase
5 3 (8.11%) MySQL
5 3 (8.11%) PostgreSQL
5 3 (8.11%) Spark SQL
5 3 (8.11%) SQL Server
6 2 (5.41%) Relational Database
7 1 (2.70%) Couchbase
7 1 (2.70%) Data Warehouse
7 1 (2.70%) MariaDB
7 1 (2.70%) MS Access
7 1 (2.70%) Neo4j
7 1 (2.70%) RDBMS
7 1 (2.70%) Redis
7 1 (2.70%) SQL Server 2012
Development Applications
1 11 (29.73%) Git (software)
2 4 (10.81%) Cucumber
2 4 (10.81%) Jenkins
2 4 (10.81%) Maven
2 4 (10.81%) Selenium
3 3 (8.11%) SonarQube
3 3 (8.11%) TeamCity
4 2 (5.41%) Appium
4 2 (5.41%) Calabash
4 2 (5.41%) IntelliJ
4 2 (5.41%) Protractor
4 2 (5.41%) Subversion
5 1 (2.70%) Babel
5 1 (2.70%) Gerrit
5 1 (2.70%) JIRA
5 1 (2.70%) JMeter
5 1 (2.70%) Mercurial
5 1 (2.70%) Team Foundation Server
5 1 (2.70%) Travis CI
5 1 (2.70%) webpack
General
1 10 (27.03%) Finance
2 6 (16.22%) Banking
3 4 (10.81%) Front Office
4 2 (5.41%) Investment Banking
4 2 (5.41%) Marketing
4 2 (5.41%) Retail Banking
5 1 (2.70%) Electronics
5 1 (2.70%) Games
5 1 (2.70%) Legal
5 1 (2.70%) Manufacturing
5 1 (2.70%) Retail
5 1 (2.70%) Telecoms
Libraries, Frameworks & Software Standards
1 9 (24.32%) RESTful
2 7 (18.92%) .NET
2 7 (18.92%) Spring
2 7 (18.92%) Web Services
3 6 (16.22%) Node.js
3 6 (16.22%) Spring Boot
4 5 (13.51%) REST
5 4 (10.81%) Angular 2
5 4 (10.81%) AngularJS
5 4 (10.81%) ASP.NET Web API
5 4 (10.81%) Gherkin
5 4 (10.81%) JSON
5 4 (10.81%) Kafka
5 4 (10.81%) React
5 4 (10.81%) React Native
6 3 (8.11%) Akka
6 3 (8.11%) Apache Avro
6 3 (8.11%) OpenCL
6 3 (8.11%) Spring Security
7 2 (5.41%) CSS3
Miscellaneous
1 5 (13.51%) Computer Science
1 5 (13.51%) Mobile App
2 3 (8.11%) Analytical Skills
2 3 (8.11%) Credit Risk
2 3 (8.11%) Data Structures
2 3 (8.11%) Derivative
2 3 (8.11%) Interest Rate Derivative
2 3 (8.11%) Market Risk
2 3 (8.11%) User Experience
3 2 (5.41%) Data Centre
3 2 (5.41%) Hybrid Cloud
3 2 (5.41%) NHS
3 2 (5.41%) Robotics
4 1 (2.70%) Algorithms
4 1 (2.70%) Enterprise Software
4 1 (2.70%) Fintech
4 1 (2.70%) Greenfield Project
4 1 (2.70%) iPad
4 1 (2.70%) Public Cloud
4 1 (2.70%) Virtual Team
Operating Systems
1 6 (16.22%) Linux
2 4 (10.81%) Unix
3 3 (8.11%) Android
3 3 (8.11%) Apple iOS
4 2 (5.41%) Windows
4 2 (5.41%) Windows Server
5 1 (2.70%) CoreOS
5 1 (2.70%) Solaris
Processes & Methodologies
1 34 (91.89%) Software Engineering
2 21 (56.76%) Agile Software Development
3 11 (29.73%) TDD
4 10 (27.03%) Microservices
5 8 (21.62%) Continuous Integration
6 7 (18.92%) BDD
6 7 (18.92%) Machine Learning
6 7 (18.92%) Scrum
7 5 (13.51%) Continuous Delivery
8 4 (10.81%) Data Modelling
8 4 (10.81%) High Availability
8 4 (10.81%) MapReduce
8 4 (10.81%) Multithreading
8 4 (10.81%) MVC
8 4 (10.81%) Test Automation
9 3 (8.11%) Business Intelligence
9 3 (8.11%) Risk Management
9 3 (8.11%) SDLC
9 3 (8.11%) Technical Analysis
9 3 (8.11%) Unit Testing
Programming Languages
1 20 (54.05%) Java
2 12 (32.43%) SQL
3 9 (24.32%) C#
4 6 (16.22%) Python
5 5 (13.51%) Scala
6 4 (10.81%) JavaScript
7 3 (8.11%) Bash Shell
7 3 (8.11%) C++
8 2 (5.41%) PowerShell
8 2 (5.41%) Shell Script
9 1 (2.70%) Clojure
9 1 (2.70%) Groovy
9 1 (2.70%) Haskell
9 1 (2.70%) T-SQL
9 1 (2.70%) TypeScript
9 1 (2.70%) VB
9 1 (2.70%) VBA
Qualifications
1 4 (10.81%) Computer Science Degree
1 4 (10.81%) Degree
2 2 (5.41%) SC Cleared
2 2 (5.41%) Security Cleared
Quality Assurance & Compliance
1 1 (2.70%) ISO 9001
1 1 (2.70%) QA
System Software
1 3 (8.11%) Apache ZooKeeper
1 3 (8.11%) Docker
1 3 (8.11%) HDFS
2 1 (2.70%) OpenAM
2 1 (2.70%) OpenIDM
Systems Management
1 4 (10.81%) Mesos
2 1 (2.70%) Ansible
2 1 (2.70%) Kubernetes
2 1 (2.70%) logstash
2 1 (2.70%) Nagios
2 1 (2.70%) Opscode Chef
2 1 (2.70%) Opsview
Vendors
1 5 (13.51%) Oracle
2 2 (5.41%) VMware
3 1 (2.70%) Apple
3 1 (2.70%) Cloudera
3 1 (2.70%) ForgeRock
3 1 (2.70%) Greenplum
3 1 (2.70%) Hortonworks
3 1 (2.70%) Netezza
3 1 (2.70%) SAP
3 1 (2.70%) Splunk
3 1 (2.70%) Sybase
3 1 (2.70%) Tableau
3 1 (2.70%) Teradata