Technical Debt Contracts in the City of London

Technical Debt
Central London > City of London

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Technical Debt skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Technical Debt over the 6 months to 26 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 119 157 177
Rank change year-on-year +38 +20 -45
Contract jobs citing Technical Debt 8 15 21
As % of all contract jobs advertised in the City of London 0.36% 0.41% 0.50%
As % of the Processes & Methodologies category 0.40% 0.45% 0.54%
Number of daily rates quoted 5 11 15
10th Percentile £708 - -
25th Percentile £813 £638 £513
Median daily rate (50th Percentile) £875 £675 £700
Median % change year-on-year +29.63% -3.57% +15.80%
75th Percentile £963 £713 -
90th Percentile £1,003 £725 £745
Central London median daily rate £875 £675 £700
% change year-on-year +29.63% -3.57% +15.80%

All Process and Methodology Skills
City of London

Technical Debt is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 2,003 3,357 3,878
As % of all contract IT jobs advertised in the City of London 90.51% 91.82% 91.68%
Number of daily rates quoted 1,413 2,258 2,945
10th Percentile £358 £350 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £565 £600 £575
Median % change year-on-year -5.83% +4.35% +9.52%
75th Percentile £688 £730 £675
90th Percentile £800 £825 £775
Central London median daily rate £550 £600 £570
% change year-on-year -8.33% +5.26% +8.57%
Number of hourly rates quoted 13 25 40
10th Percentile £19.13 £15.50 £18.30
25th Percentile £20.22 £18.50 £23.44
Median hourly rate £25.00 £35.00 £41.00
Median % change year-on-year -28.57% -14.63% +115.93%
75th Percentile £40.00 £58.75 £52.00
90th Percentile £48.57 £88.30 £62.83
Central London median hourly rate £27.81 £35.00 £41.00
% change year-on-year -20.54% -14.63% +105.00%

Technical Debt
Job Vacancy Trend in the City of London

Job postings citing Technical Debt as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Technical Debt in the City of London

Technical Debt
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Technical Debt in the City of London

Technical Debt
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Technical Debt in the City of London over the 6 months to 26 April 2024.

Daily rate histogram for Technical Debt in the City of London

Technical Debt
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Cloud Services
1 2 (25.00%) AWS
1 2 (25.00%) NuGet
2 1 (12.50%) Amazon EC2
2 1 (12.50%) Amazon EKS
2 1 (12.50%) AWS Lambda
2 1 (12.50%) Serverless
2 1 (12.50%) Virtual Private Cloud
Communications & Networking
1 2 (25.00%) Firewall
Database & Business Intelligence
1 1 (12.50%) Big Data
1 1 (12.50%) Data Mining
Development Applications
1 2 (25.00%) Bitbucket
1 2 (25.00%) Git
1 2 (25.00%) TeamCity
2 1 (12.50%) JIRA
General
1 3 (37.50%) Banking
1 3 (37.50%) Finance
2 2 (25.00%) Analytical Skills
2 2 (25.00%) Investment Banking
3 1 (12.50%) Influencing Skills
3 1 (12.50%) Public Sector
3 1 (12.50%) Retail
3 1 (12.50%) Social Skills
Job Titles
1 4 (50.00%) Architect
2 2 (25.00%) .NET Architect
2 2 (25.00%) C# Architect
2 2 (25.00%) Developer
3 1 (12.50%) AWS Architect
3 1 (12.50%) Lead
3 1 (12.50%) Machine Learning Engineer
3 1 (12.50%) Solutions Architect
3 1 (12.50%) Technical Leader
Libraries, Frameworks & Software Standards
1 2 (25.00%) .NET
1 2 (25.00%) .NET Core
Miscellaneous
1 2 (25.00%) Algorithms
1 2 (25.00%) Distributed Systems
1 2 (25.00%) Fixed Income
2 1 (12.50%) Foreign Exchange (FX)
2 1 (12.50%) Tandem
Operating Systems
1 2 (25.00%) Linux
1 2 (25.00%) Windows
Processes & Methodologies
1 4 (50.00%) Analytics
1 4 (50.00%) Test Automation
2 2 (25.00%) Algorithmic Trading
2 2 (25.00%) Artificial Intelligence
2 2 (25.00%) Backtesting
2 2 (25.00%) Dependency Injection
2 2 (25.00%) Low Latency
2 2 (25.00%) Machine Learning
2 2 (25.00%) Order Management
2 2 (25.00%) Portfolio Analytics
2 2 (25.00%) Quantitative Research
2 2 (25.00%) Technical Leadership
3 1 (12.50%) Architectural Patterns
3 1 (12.50%) CI/CD
3 1 (12.50%) Infrastructure as Code
3 1 (12.50%) Observability
3 1 (12.50%) Roadmaps
3 1 (12.50%) Sprint Planning
3 1 (12.50%) Systems Engineering
3 1 (12.50%) User-Centered Design (UCD)
Programming Languages
1 3 (37.50%) C++
1 3 (37.50%) Java
2 2 (25.00%) C#
2 2 (25.00%) Python
3 1 (12.50%) C
3 1 (12.50%) Go
3 1 (12.50%) Shell Script
Qualifications
1 1 (12.50%) Computer Science Degree
1 1 (12.50%) Degree
1 1 (12.50%) Master's Degree
1 1 (12.50%) PhD
1 1 (12.50%) SC Cleared
1 1 (12.50%) Security Cleared
Quality Assurance & Compliance
1 1 (12.50%) QA
Systems Management
1 1 (12.50%) Ansible
1 1 (12.50%) Consul
1 1 (12.50%) Packer
1 1 (12.50%) Progress Chef
1 1 (12.50%) Puppet
1 1 (12.50%) Terraform