Period
to 20 October 2021

The median contractor rate for a Software Engineer was £600 per day in advertised job vacancies in the City of London during the 6 months to 20 October 2021.

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
20 Oct 2021
Same period 2020 Same period 2019
Rank 120 100 170
Rank change year-on-year -20 +70 +42
Contract jobs requiring a Software Engineer 59 17 58
As % of all contract jobs advertised in the City of London 1.52% 0.94% 0.98%
As % of the Job Titles category 1.64% 1.03% 1.04%
Number of daily rates quoted 45 7 41
10th Percentile £423 £381 £475
25th Percentile £500 £464 £520
Median daily rate (50th Percentile) £600 £480 £563
Median % change year-on-year +25.00% -14.67% +2.27%
75th Percentile £668 £595 £625
90th Percentile £750 £602 £675
Central London median daily rate £600 £575 £569
% change year-on-year +4.35% +1.10% +3.41%
Number of hourly rates quoted 1 0 0
Median hourly rate £35.00 - -
Central London median hourly rate £35.00 - £22.50

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 3,607 1,653 5,567
% of contract IT jobs with a recognized job title 92.77% 91.88% 93.89%
Number of daily rates quoted 2,728 1,254 4,413
10th Percentile £350 £306 £313
25th Percentile £461 £413 £413
Median daily rate (50th Percentile) £550 £511 £513
Median % change year-on-year +7.58% -0.24% +2.50%
75th Percentile £650 £600 £600
90th Percentile £748 £675 £675
Central London median daily rate £550 £511 £500
% change year-on-year +7.58% +2.25% -
Number of hourly rates quoted 38 25 70
10th Percentile £13.88 £15.50 £11.70
25th Percentile £18.94 £20.00 £13.31
Median hourly rate £28.25 £35.50 £19.50
Median % change year-on-year -20.42% +82.05% +4.28%
75th Percentile £37.75 £46.00 £23.69
90th Percentile £62.05 £47.75 £49.15
Central London median hourly rate £30.25 £33.50 £20.50
% change year-on-year -9.70% +63.41% +9.63%

Software Engineer
Job Vacancy Trend in the City of London

Job postings that featured Software Engineer in the job title as a proportion 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

3-month moving average daily rate quoted in jobs citing Software Engineer in the City of London.

Daily rate trend for Software Engineer in the City of London

Software Engineer
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Software Engineer in the City of London over the 6 months to 20 October 2021.

Daily rate histogram for Software Engineer in the City of London

Software Engineer
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Software Engineer in the City of London.

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 20 October 2021, Software Engineer 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 Software Engineer in the job title.

1 55 (93.22%) Software Engineering
2 30 (50.85%) Agile Software Development
3 24 (40.68%) SQL
4 23 (38.98%) Microservices
5 21 (35.59%) Java
6 20 (33.90%) AWS
7 19 (32.20%) C#
7 19 (32.20%) Scrum
8 14 (23.73%) .NET
8 14 (23.73%) TDD
8 14 (23.73%) NoSQL
8 14 (23.73%) REST
8 14 (23.73%) Spring Boot
9 13 (22.03%) Git (software)
10 12 (20.34%) Kafka
10 12 (20.34%) Docker
10 12 (20.34%) SOAP
10 12 (20.34%) HTTP
11 11 (18.64%) HTTPS
11 11 (18.64%) Finance
11 11 (18.64%) JavaScript
11 11 (18.64%) AngularJS
11 11 (18.64%) Confluent
11 11 (18.64%) Technology Roadmap
12 10 (16.95%) Kubernetes
12 10 (16.95%) Python
13 8 (13.56%) Social Skills
13 8 (13.56%) Full Stack Development
13 8 (13.56%) Test Automation
14 7 (11.86%) Azure

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 1 (1.69%) Adobe Experience Manager
1 1 (1.69%) BizTalk Server
1 1 (1.69%) CMS
1 1 (1.69%) Confluence
1 1 (1.69%) Elasticsearch
Applications
1 1 (1.69%) Microsoft Excel
Cloud Services
1 20 (33.90%) AWS
2 7 (11.86%) Azure
3 5 (8.47%) AWS Lambda
3 5 (8.47%) Serverless
4 2 (3.39%) AWS CloudFormation
4 2 (3.39%) Slack
5 1 (1.69%) Amazon CloudWatch
5 1 (1.69%) Amazon Cognito
5 1 (1.69%) AWS Step Functions
5 1 (1.69%) Azure Cosmos DB
5 1 (1.69%) Azure Functions
5 1 (1.69%) Azure Logic Apps
5 1 (1.69%) Azure Storage
5 1 (1.69%) GCP
5 1 (1.69%) GitHub
5 1 (1.69%) IaaS
5 1 (1.69%) npm
5 1 (1.69%) OpenShift
5 1 (1.69%) PaaS
5 1 (1.69%) SaaS
Communications & Networking
1 12 (20.34%) HTTP
2 11 (18.64%) HTTPS
3 1 (1.69%) Kerberos
Database & Business Intelligence
1 14 (23.73%) NoSQL
2 4 (6.78%) MongoDB
2 4 (6.78%) PostgreSQL
2 4 (6.78%) SQL Server
3 2 (3.39%) MySQL
4 1 (1.69%) Amazon DynamoDB
4 1 (1.69%) Azure SQL Database
4 1 (1.69%) Big Data
4 1 (1.69%) DTS
4 1 (1.69%) Metadata
4 1 (1.69%) Oracle Database
4 1 (1.69%) SQL Server Analysis Services
4 1 (1.69%) SQL Server Integration Services
4 1 (1.69%) Tableau
Development Applications
1 13 (22.03%) Git (software)
2 7 (11.86%) Jenkins
3 5 (8.47%) Cucumber
4 4 (6.78%) Selenium
5 3 (5.08%) git-flow
5 3 (5.08%) Protractor
6 2 (3.39%) JIRA
6 2 (3.39%) JUnit
6 2 (3.39%) Maven
6 2 (3.39%) Mockito
6 2 (3.39%) Team Foundation Server
7 1 (1.69%) Bitbucket
7 1 (1.69%) GDB
7 1 (1.69%) GitLab
7 1 (1.69%) JMeter
7 1 (1.69%) NUnit
7 1 (1.69%) SpecFlow
7 1 (1.69%) TestNG
7 1 (1.69%) WebLOAD
7 1 (1.69%) webpack
General
1 11 (18.64%) Finance
2 8 (13.56%) Social Skills
3 6 (10.17%) Analytical Skills
4 3 (5.08%) Documentation Skills
4 3 (5.08%) Financial Institution
4 3 (5.08%) Legal
5 1 (1.69%) Back Office
5 1 (1.69%) Banking
5 1 (1.69%) Games
5 1 (1.69%) Organisational Skills
5 1 (1.69%) Retail
Libraries, Frameworks & Software Standards
1 14 (23.73%) .NET
1 14 (23.73%) REST
1 14 (23.73%) Spring Boot
2 12 (20.34%) Kafka
2 12 (20.34%) SOAP
3 11 (18.64%) AngularJS
4 7 (11.86%) Node.js
5 6 (10.17%) CSS
5 6 (10.17%) React
5 6 (10.17%) RESTful
6 5 (8.47%) .NET Core
6 5 (8.47%) HTML
7 4 (6.78%) Web Services
8 3 (5.08%) Gherkin
8 3 (5.08%) jQuery
8 3 (5.08%) pytest
8 3 (5.08%) Spring
9 2 (3.39%) FIX Protocol
9 2 (3.39%) Sass
9 2 (3.39%) WPF
Miscellaneous
1 3 (5.08%) Data Structures
1 3 (5.08%) Hedge funds
1 3 (5.08%) Self-Motivation
2 2 (3.39%) Algorithms
2 2 (3.39%) Greenfield Project
2 2 (3.39%) Management Information System
3 1 (1.69%) Embedded Systems
3 1 (1.69%) Equities
3 1 (1.69%) Foreign Exchange (FX)
3 1 (1.69%) Linux Command Line
3 1 (1.69%) Public Cloud
Operating Systems
1 4 (6.78%) Linux
2 2 (3.39%) Android
3 1 (1.69%) OpenWrt
3 1 (1.69%) Red Hat Enterprise Linux
3 1 (1.69%) Unix
3 1 (1.69%) Windows
Processes & Methodologies
1 55 (93.22%) Software Engineering
2 30 (50.85%) Agile Software Development
3 23 (38.98%) Microservices
4 19 (32.20%) Scrum
5 14 (23.73%) TDD
6 11 (18.64%) Technology Roadmap
7 8 (13.56%) Full Stack Development
7 8 (13.56%) Test Automation
8 7 (11.86%) DevOps
8 7 (11.86%) Problem-Solving
9 6 (10.17%) BDD
9 6 (10.17%) Continuous Integration
9 6 (10.17%) Multithreading
9 6 (10.17%) SDLC
9 6 (10.17%) UML
10 5 (8.47%) API Development
11 4 (6.78%) Integration Testing
11 4 (6.78%) Kanban
11 4 (6.78%) MVC
11 4 (6.78%) Software Delivery
Programming Languages
1 24 (40.68%) SQL
2 21 (35.59%) Java
3 19 (32.20%) C#
4 11 (18.64%) JavaScript
5 10 (16.95%) Python
6 3 (5.08%) Scala
6 3 (5.08%) TypeScript
7 2 (3.39%) Bash Shell
7 2 (3.39%) Go
7 2 (3.39%) Kotlin
7 2 (3.39%) PHP
8 1 (1.69%) C
8 1 (1.69%) C++
8 1 (1.69%) Java 8
8 1 (1.69%) Perl
8 1 (1.69%) PL/SQL
8 1 (1.69%) Shell Script
8 1 (1.69%) T-SQL
8 1 (1.69%) VB.NET
8 1 (1.69%) VBA
Qualifications
1 4 (6.78%) Degree
2 2 (3.39%) Computer Science Degree
3 1 (1.69%) Security Cleared
Quality Assurance & Compliance
1 3 (5.08%) GDPR
1 3 (5.08%) QA
System Software
1 12 (20.34%) Docker
Systems Management
1 10 (16.95%) Kubernetes
2 2 (3.39%) Ansible
3 1 (1.69%) Kibana
3 1 (1.69%) logstash
3 1 (1.69%) Terraform
Vendors
1 11 (18.64%) Confluent
2 6 (10.17%) Oracle
3 4 (6.78%) Microsoft
4 2 (3.39%) Adobe
5 1 (1.69%) Alteryx
5 1 (1.69%) CA
5 1 (1.69%) CA Agile Central
5 1 (1.69%) MuleSoft
5 1 (1.69%) Splunk
5 1 (1.69%) Sybase