Period
to 25 August 2019

The median contractor rate for a Software Engineer was £550 per day in advertised job vacancies in the City of London during the 6 months to 25 August 2019.

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
25 Aug 2019
Same period 2018 Same period 2017
Rank 183 203 204
Rank change year-on-year +20 +1 +12
Contract jobs requiring a Software Engineer 67 54 46
As % of all contract IT jobs advertised in the City of London 1.06% 0.77% 0.68%
As % of the Job Titles category 1.12% 0.81% 0.72%
Number of daily rates quoted 43 50 31
City of London median daily rate £550 £525 £500
Median daily rate % change year-on-year +4.76% +5.00% +14.29%
10th Percentile £436 £368 £413
90th Percentile £638 £676 £625
Central London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% +3.90%
Number of hourly rates quoted 2 0 0
City of London median hourly rate £56.00 - -
Central London median hourly rate £56.00 - -

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 5,972 6,675 6,419
% of contract IT jobs with a recognized job title 94.23% 94.84% 95.54%
Number of daily rates quoted 4,648 5,241 4,949
City of London median daily rate £513 £500 £500
Median daily rate % change year-on-year +2.50% - +5.26%
10th Percentile £325 £313 £313
90th Percentile £675 £675 £675
Central London median daily rate £513 £500 £498
% change year-on-year +2.50% +0.50% +8.15%
Number of hourly rates quoted 73 129 78
City of London median hourly rate £21.00 £18.70 £18.10
Median hourly rate % change year-on-year +12.30% +3.31% -4.74%
10th Percentile £11.25 £13.25 £13.10
90th Percentile £56.30 £26.11 £30.23
Central London median hourly rate £20.92 £18.70 £18.69
% change year-on-year +11.84% +0.05% -1.63%

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 25 August 2019.

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
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 25 August 2019. 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 - 2 - -
Software Engineer
Central London

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

For the 6 months to 25 August 2019, 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 64 (95.52%) Software Engineering
2 30 (44.78%) Java
3 28 (41.79%) Agile Software Development
4 20 (29.85%) .NET
4 20 (29.85%) AWS
4 20 (29.85%) Microservices
5 17 (25.37%) Docker
6 16 (23.88%) C#
6 16 (23.88%) Python
7 15 (22.39%) Azure
7 15 (22.39%) Serverless
8 14 (20.90%) DevOps
8 14 (20.90%) Kubernetes
9 12 (17.91%) Finance
9 12 (17.91%) JavaScript
9 12 (17.91%) SQL
10 11 (16.42%) SQL Server
10 11 (16.42%) TDD
11 10 (14.93%) Test Automation
11 10 (14.93%) .NET Core
12 9 (13.43%) Problem-Solving
12 9 (13.43%) Continuous Integration
12 9 (13.43%) AWS Lambda
12 9 (13.43%) Kafka
13 8 (11.94%) Elasticsearch
13 8 (11.94%) NoSQL
13 8 (11.94%) GraphQL
13 8 (11.94%) Spring
14 7 (10.45%) Google
14 7 (10.45%) Microsoft

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 8 (11.94%) Elasticsearch
2 4 (5.97%) Apache Spark
3 2 (2.99%) Confluence
4 1 (1.49%) nginx
4 1 (1.49%) SharePoint
4 1 (1.49%) SharePoint 2010
4 1 (1.49%) SharePoint 2013
Applications
1 1 (1.49%) InfoPath
Cloud Services
1 20 (29.85%) AWS
2 15 (22.39%) Azure
2 15 (22.39%) Serverless
3 9 (13.43%) AWS Lambda
4 6 (8.96%) Azure Functions
5 5 (7.46%) Amazon Kinesis
6 4 (5.97%) Fastly
6 4 (5.97%) GCP
6 4 (5.97%) GitHub
6 4 (5.97%) Heroku
7 1 (1.49%) Azure Active Directory
7 1 (1.49%) Datadog
7 1 (1.49%) Microsoft Flow
7 1 (1.49%) Office 365
7 1 (1.49%) Power Platform
Communications & Networking
1 1 (1.49%) HTTP
Database & Business Intelligence
1 11 (16.42%) SQL Server
2 8 (11.94%) NoSQL
3 7 (10.45%) MongoDB
4 6 (8.96%) Redis
5 4 (5.97%) Amazon DynamoDB
5 4 (5.97%) Apache Cassandra
5 4 (5.97%) Big Data
5 4 (5.97%) Cosmos DB
5 4 (5.97%) Neo4j
5 4 (5.97%) PostgreSQL
6 3 (4.48%) Hadoop
6 3 (4.48%) SQL Server 2012
6 3 (4.48%) SQL Server 2014
7 2 (2.99%) Azure SQL Database
7 2 (2.99%) HBase
8 1 (1.49%) BigQuery
8 1 (1.49%) MySQL
8 1 (1.49%) Oracle Database
8 1 (1.49%) Relational Database
8 1 (1.49%) SQL Server Integration Services
Development Applications
1 6 (8.96%) Git (software)
2 4 (5.97%) CircleCI
2 4 (5.97%) Moq
2 4 (5.97%) MSTest
2 4 (5.97%) NUnit
2 4 (5.97%) Rhino Mocks
2 4 (5.97%) SpecFlow
2 4 (5.97%) webpack
3 3 (4.48%) Cucumber
3 3 (4.48%) Jenkins
3 3 (4.48%) JUnit
4 2 (2.99%) JIRA
4 2 (2.99%) Team Foundation Server
4 2 (2.99%) Visual Studio
5 1 (1.49%) Gatling
5 1 (1.49%) JMeter
5 1 (1.49%) Octopus Deploy
5 1 (1.49%) Selenium
5 1 (1.49%) SoapUI
5 1 (1.49%) TeamCity
General
1 12 (17.91%) Finance
2 6 (8.96%) Retail
3 5 (7.46%) Banking
4 3 (4.48%) Advertising
4 3 (4.48%) Investment Banking
5 2 (2.99%) Front Office
5 2 (2.99%) Games
6 1 (1.49%) Electronics
6 1 (1.49%) French Language
6 1 (1.49%) Law
6 1 (1.49%) Legal
6 1 (1.49%) Publishing
Libraries, Frameworks & Software Standards
1 20 (29.85%) .NET
2 10 (14.93%) .NET Core
3 9 (13.43%) Kafka
4 8 (11.94%) GraphQL
4 8 (11.94%) Spring
5 7 (10.45%) REST
6 6 (8.96%) React
6 6 (8.96%) RESTful
7 5 (7.46%) Node.js
7 5 (7.46%) Spring Boot
7 5 (7.46%) WCF
8 4 (5.97%) AngularJS
8 4 (5.97%) ASP.NET Web API
8 4 (5.97%) Handlebars
8 4 (5.97%) Preactjs
8 4 (5.97%) Sass
8 4 (5.97%) VCL
8 4 (5.97%) WPF
9 3 (4.48%) Django
9 3 (4.48%) Web Services
Miscellaneous
1 6 (8.96%) User Experience
2 4 (5.97%) Derivative
2 4 (5.97%) Equities
2 4 (5.97%) Greenfield Project
3 3 (4.48%) Algorithms
4 2 (2.99%) Enterprise Software
4 2 (2.99%) Foreign Exchange (FX)
4 2 (2.99%) Life Science
5 1 (1.49%) Analytical Skills
5 1 (1.49%) Apple TV
5 1 (1.49%) Cloud Native
5 1 (1.49%) Data Protection Act
5 1 (1.49%) iPad
5 1 (1.49%) iPhone
5 1 (1.49%) Management Information System
5 1 (1.49%) Robotics
5 1 (1.49%) Social Media
Operating Systems
1 6 (8.96%) Windows
2 5 (7.46%) Apple iOS
3 4 (5.97%) Android
4 3 (4.48%) Linux
5 2 (2.99%) Windows Server
6 1 (1.49%) tvOS
6 1 (1.49%) Windows Embedded Compact
Processes & Methodologies
1 64 (95.52%) Software Engineering
2 28 (41.79%) Agile Software Development
3 20 (29.85%) Microservices
4 14 (20.90%) DevOps
5 11 (16.42%) TDD
6 10 (14.93%) Test Automation
7 9 (13.43%) Continuous Integration
7 9 (13.43%) Problem-Solving
8 7 (10.45%) Fintech
8 7 (10.45%) Mentoring
9 6 (8.96%) Continuous Improvement
9 6 (8.96%) Data Protection
9 6 (8.96%) Machine Learning
9 6 (8.96%) Refactoring
9 6 (8.96%) SDLC
9 6 (8.96%) Unit Testing
10 5 (7.46%) Asset Management
10 5 (7.46%) BDD
10 5 (7.46%) Pair Programming
10 5 (7.46%) Scrum
Programming Languages
1 30 (44.78%) Java
2 16 (23.88%) C#
2 16 (23.88%) Python
3 12 (17.91%) JavaScript
3 12 (17.91%) SQL
4 7 (10.45%) Kotlin
5 5 (7.46%) Apple Swift
5 5 (7.46%) PowerShell
5 5 (7.46%) Scala
6 4 (5.97%) C++
6 4 (5.97%) Go
7 2 (2.99%) Java 8
7 2 (2.99%) Ruby
7 2 (2.99%) T-SQL
7 2 (2.99%) VB.NET
8 1 (1.49%) Bash Shell
8 1 (1.49%) C
8 1 (1.49%) Embedded C
8 1 (1.49%) Perl
8 1 (1.49%) VBA
Qualifications
1 2 (2.99%) Degree
2 1 (1.49%) DV Cleared
2 1 (1.49%) Security Cleared
Quality Assurance & Compliance
1 2 (2.99%) QA
System Software
1 17 (25.37%) Docker
2 4 (5.97%) Apache ZooKeeper
3 3 (4.48%) Active Directory
Systems Management
1 14 (20.90%) Kubernetes
2 4 (5.97%) Ansible
2 4 (5.97%) Grafana
2 4 (5.97%) Graphite
3 2 (2.99%) Forefront Identity Manager
3 2 (2.99%) Marathon
3 2 (2.99%) Mesos
3 2 (2.99%) SCOrch
3 2 (2.99%) Terraform
4 1 (1.49%) Docker Swarm
4 1 (1.49%) Kibana
4 1 (1.49%) Single Sign-On
Vendors
1 7 (10.45%) Google
1 7 (10.45%) Microsoft
2 4 (5.97%) Bloomberg
2 4 (5.97%) Oracle
2 4 (5.97%) Splunk
3 3 (4.48%) hybris
4 1 (1.49%) Apple
4 1 (1.49%) Nintex