Period
to 2 June 2020

The median contractor rate for a Software Engineer was £525 per day in advertised job vacancies in the City of London during the 6 months to 2 June 2020.

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
2 Jun 2020
Same period 2019 Same period 2018
Rank 121 152 181
Rank change year-on-year +31 +29 +5
Contract jobs requiring a Software Engineer 27 82 71
As % of all contract jobs advertised in the City of London 0.90% 1.28% 1.02%
As % of the Job Titles category 0.96% 1.37% 1.08%
Number of daily rates quoted 21 57 67
Median daily rate £525 £525 £525
10th Percentile £375 £446 £370
90th Percentile £638 £638 £633
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% -
Number of hourly rates quoted 1 2 0
Median hourly rate £48.50 £56.00 -
Median hourly rate % change year-on-year -13.39% - -
Central London median hourly rate £48.50 £56.00 -
% change year-on-year -13.39% - -

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 2,808 5,988 6,599
% of contract IT jobs with a recognized job title 93.72% 93.65% 94.75%
Number of daily rates quoted 2,016 4,614 5,202
Median daily rate £500 £523 £500
Median daily rate % change year-on-year -4.31% +4.50% +2.56%
10th Percentile £300 £319 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £513 £500
% change year-on-year -2.44% +2.50% +5.26%
Number of hourly rates quoted 64 66 111
Median hourly rate £29.88 £20.82 £18.70
Median hourly rate % change year-on-year +43.47% +11.35% +10.00%
10th Percentile £12.50 £11.25 £12.00
90th Percentile £52.25 £56.50 £33.75
Median hourly rate £33.01 £20.25 £19.00
% change year-on-year +63.02% +6.58% +12.31%

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 2 June 2020.

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
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Software Engineer within the City of London region over the 6 months to 2 June 2020. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Moorgate +14 2 £625 -
Software Engineer
Central London

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

For the 6 months to 2 June 2020, 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 24 (88.89%) Software Engineering
2 16 (59.26%) Agile Software Development
3 12 (44.44%) Java
4 8 (29.63%) JavaScript
4 8 (29.63%) Python
5 7 (25.93%) Scrum
6 6 (22.22%) C#
6 6 (22.22%) .NET
6 6 (22.22%) TDD
7 5 (18.52%) SQL
7 5 (18.52%) Greenfield Project
8 4 (14.81%) Java 8
8 4 (14.81%) C++
8 4 (14.81%) Finance
8 4 (14.81%) Elasticsearch
8 4 (14.81%) DevOps
8 4 (14.81%) Microservices
9 3 (11.11%) Mentoring
9 3 (11.11%) Apache Cassandra
9 3 (11.11%) NoSQL
9 3 (11.11%) Test Automation
9 3 (11.11%) Scala
9 3 (11.11%) Computer Science
9 3 (11.11%) QA
9 3 (11.11%) Visual Studio
10 2 (7.41%) Power Platform
10 2 (7.41%) Infrastructure Engineering
10 2 (7.41%) Sprint Retrospective
10 2 (7.41%) Sprint Planning
10 2 (7.41%) Acceptance Criteria

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 4 (14.81%) Elasticsearch
2 2 (7.41%) SAS
3 1 (3.70%) Apache Spark
3 1 (3.70%) CMS
3 1 (3.70%) EPiServer
3 1 (3.70%) WebLogic
Cloud Services
1 2 (7.41%) AWS
1 2 (7.41%) Power Platform
2 1 (3.70%) GitHub
Communications & Networking
1 2 (7.41%) DSL
Database & Business Intelligence
1 3 (11.11%) Apache Cassandra
1 3 (11.11%) NoSQL
2 2 (7.41%) Base SAS
2 2 (7.41%) BusinessObjects XI
2 2 (7.41%) Data Warehouse
2 2 (7.41%) Pentaho
2 2 (7.41%) Power BI
2 2 (7.41%) SAS Data Integration Studio
2 2 (7.41%) SAS EBI
2 2 (7.41%) SQL Server
3 1 (3.70%) MongoDB
3 1 (3.70%) Redis
Development Applications
1 3 (11.11%) Visual Studio
2 2 (7.41%) Clang
3 1 (3.70%) Appium
3 1 (3.70%) Git (software)
3 1 (3.70%) GitLab
3 1 (3.70%) Gradle
3 1 (3.70%) Jenkins
3 1 (3.70%) JUnit
3 1 (3.70%) Selenium
3 1 (3.70%) Subversion
3 1 (3.70%) TestNG
General
1 4 (14.81%) Finance
2 1 (3.70%) Aerospace
2 1 (3.70%) Banking
2 1 (3.70%) Law
2 1 (3.70%) Private Banking
2 1 (3.70%) Public Sector
Libraries, Frameworks & Software Standards
1 6 (22.22%) .NET
2 2 (7.41%) Apache Avro
2 2 (7.41%) Kafka
2 2 (7.41%) Redux
2 2 (7.41%) RESTful
2 2 (7.41%) Spring
2 2 (7.41%) Spring Boot
3 1 (3.70%) .NET Core
3 1 (3.70%) Entity Framework
3 1 (3.70%) GraphQL
3 1 (3.70%) HTML
3 1 (3.70%) Node.js
3 1 (3.70%) React
3 1 (3.70%) React Native
3 1 (3.70%) WCF
3 1 (3.70%) WPF
Miscellaneous
1 5 (18.52%) Greenfield Project
2 1 (3.70%) Algorithms
2 1 (3.70%) Data Structures
2 1 (3.70%) Enterprise Cloud
2 1 (3.70%) Fixed Income
2 1 (3.70%) Mobile App
2 1 (3.70%) Self-Motivation
2 1 (3.70%) Social Media
2 1 (3.70%) Video on Demand
2 1 (3.70%) Virtual Team
Operating Systems
1 2 (7.41%) Unix
2 1 (3.70%) Windows
Processes & Methodologies
1 24 (88.89%) Software Engineering
2 16 (59.26%) Agile Software Development
3 7 (25.93%) Scrum
4 6 (22.22%) TDD
5 4 (14.81%) DevOps
5 4 (14.81%) Microservices
6 3 (11.11%) Computer Science
6 3 (11.11%) Mentoring
6 3 (11.11%) Test Automation
7 2 (7.41%) Business Intelligence
7 2 (7.41%) Change Management
7 2 (7.41%) ETL
7 2 (7.41%) Extreme Programming
7 2 (7.41%) Mathematics
7 2 (7.41%) OO
7 2 (7.41%) Pair Programming
7 2 (7.41%) Release Management
7 2 (7.41%) Risk Management
7 2 (7.41%) Statistics
7 2 (7.41%) Test Scripting
Programming Languages
1 12 (44.44%) Java
2 8 (29.63%) JavaScript
2 8 (29.63%) Python
3 6 (22.22%) C#
4 5 (18.52%) SQL
5 4 (14.81%) C++
5 4 (14.81%) Java 8
6 3 (11.11%) Scala
7 2 (7.41%) Haskell
7 2 (7.41%) Kotlin
7 2 (7.41%) Objective-C
7 2 (7.41%) SAS Macro
7 2 (7.41%) Shell Script
8 1 (3.70%) C
8 1 (3.70%) ES6
8 1 (3.70%) Go
8 1 (3.70%) Perl
8 1 (3.70%) PHP
8 1 (3.70%) PL/SQL
8 1 (3.70%) TypeScript
Qualifications
1 2 (7.41%) Degree
1 2 (7.41%) SC Cleared
1 2 (7.41%) Security Cleared
2 1 (3.70%) Computer Science Degree
2 1 (3.70%) Master's Degree
Quality Assurance & Compliance
1 3 (11.11%) QA
System Software
1 1 (3.70%) Docker
Systems Management
1 1 (3.70%) Kubernetes
Vendors
1 2 (7.41%) Microsoft
2 1 (3.70%) Oracle
2 1 (3.70%) Salesforce.com
2 1 (3.70%) WSO2