Software Engineer
Central London > City of London
The median Software Engineer daily rate in the City of London is £656, according to job vacancies posted in the 6 months leading up to 31 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
31 May 2025 |
Same period 2024 |
Same period 2023 |
| Rank |
81 |
91 |
106 |
| Rank change year-on-year |
+10 |
+15 |
+10 |
| Contract jobs requiring a Software Engineer |
35 |
33 |
60 |
| As % of all contract jobs advertised in the City of London |
2.06% |
1.53% |
1.74% |
| As % of the Job Titles category |
2.20% |
1.61% |
1.83% |
| Number of daily rates quoted |
20 |
16 |
28 |
| 10th Percentile |
£424 |
£431 |
£463 |
| 25th Percentile |
£563 |
£495 |
£502 |
| Median daily rate (50th Percentile) |
£656 |
£550 |
£600 |
| Median % change year-on-year |
+19.26% |
-8.29% |
-11.11% |
| 75th Percentile |
£800 |
£684 |
£700 |
| 90th Percentile |
£880 |
£800 |
£750 |
| Central London median daily rate |
£656 |
£500 |
£600 |
| % change year-on-year |
+31.25% |
-16.70% |
-11.07% |
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 |
1,589 |
2,047 |
3,281 |
| % of contract IT jobs with a recognized job title |
93.58% |
95.12% |
95.07% |
| Number of daily rates quoted |
1,005 |
1,429 |
2,223 |
| 10th Percentile |
£352 |
£343 |
£363 |
| 25th Percentile |
£453 |
£450 |
£475 |
| Median daily rate (50th Percentile) |
£550 |
£550 |
£600 |
| Median % change year-on-year |
- |
-8.33% |
+6.90% |
| 75th Percentile |
£688 |
£688 |
£725 |
| 90th Percentile |
£775 |
£788 |
£813 |
| Central London median daily rate |
£550 |
£550 |
£600 |
| % change year-on-year |
- |
-8.33% |
+9.09% |
| Number of hourly rates quoted |
15 |
13 |
20 |
| 10th Percentile |
£18.70 |
£14.18 |
£15.37 |
| 25th Percentile |
£24.21 |
£20.22 |
£18.03 |
| Median hourly rate |
£28.50 |
£22.50 |
£35.00 |
| Median % change year-on-year |
+26.67% |
-35.71% |
-5.41% |
| 75th Percentile |
£46.25 |
£29.38 |
£72.50 |
| 90th Percentile |
£85.50 |
£40.00 |
£88.30 |
| Central London median hourly rate |
£28.15 |
£27.00 |
£35.00 |
| % change year-on-year |
+4.26% |
-22.86% |
-8.50% |
