The table below looks at the prevalence of the term Virtual Team in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Virtual Team over the 6 months to 12 August 2022 with a comparison to the same period over 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.
Virtual Team (including Distributed Team, Remote Team, Dispersed Team)
Virtual Team is in the General and Transferable Skills 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 generic IT skills.
Contract vacancies with a requirement for generic IT skills
1,528
1,374
736
As % of all contract IT jobs advertised in the City of London
33.75%
39.62%
33.98%
Number of daily rates quoted
1,014
973
507
10th Percentile
£369
£385
£325
25th Percentile
£485
£475
£419
Median daily rate (50th Percentile)
£585
£600
£525
Median % change year-on-year
-2.50%
+14.29%
-
75th Percentile
£713
£688
£625
90th Percentile
£813
£761
£713
Central London median daily rate
£575
£600
£525
% change year-on-year
-4.13%
+14.24%
-
Number of hourly rates quoted
25
24
29
10th Percentile
£18.50
£8.00
£12.69
25th Percentile
£21.25
£12.38
£18.50
Median hourly rate
£43.24
£27.00
£37.75
Median % change year-on-year
+60.15%
-28.48%
+84.15%
75th Percentile
£55.75
£37.75
£43.70
90th Percentile
£64.15
£42.93
£47.75
Central London median hourly rate
£43.24
£23.50
£37.63
% change year-on-year
+84.00%
-37.54%
+80.63%
Virtual Team Job Vacancy Trend in the City of London
Job postings citing Virtual Team as a proportion of all IT jobs advertised in the City of London.
Virtual Team Contractor Daily Rate Trend in the City of London
3-month moving average daily rate quoted in jobs citing Virtual Team in the City of London.
Virtual Team Daily Rate Histogram in the City of London
Daily rate distribution for jobs citing Virtual Team in the City of London over the 6 months to 12 August 2022.
Virtual Team Contractor Hourly Rate Trend in the City of London
3-month moving average hourly rates quoted in jobs citing Virtual Team in the City of London.
Virtual Team Top 30 Co-occurring IT Skills in the City of London
For the 6 months to 12 August 2022, IT contractor jobs citing Virtual Team also mentioned the following 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 with a requirement for Virtual Team.
Virtual Team 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:
