Virtual Team (including Distributed Team, Remote Team, Dispersed Team)
Central London > City of London
The table below looks at the prevalence of the term Virtual Team in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Virtual Team over the 6 months leading up to 21 June 2024, comparing them to the same period in the previous two years.
| 6 months to 21 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 115 | 144 | 146 |
| Rank change year-on-year | +29 | +2 | -13 |
| Contract jobs citing Virtual Team | 12 | 22 | 44 |
| As % of all contract jobs advertised in the City of London | 0.55% | 0.64% | 1.06% |
| As % of the Miscellaneous category | 1.79% | 1.85% | 2.99% |
| Number of daily rates quoted | 5 | 8 | 25 |
| 10th Percentile | £187 | £527 | £400 |
| 25th Percentile | £406 | £579 | £450 |
| Median daily rate (50th Percentile) | £550 | £706 | £525 |
| Median % change year-on-year | -22.12% | +34.52% | - |
| 75th Percentile | £573 | £806 | £630 |
| 90th Percentile | - | £825 | £793 |
| Central London median daily rate | £535 | £706 | £528 |
| % change year-on-year | -24.25% | +33.89% | +0.48% |
All Generic Skills
City of London
Virtual Team falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in the City of London.
| Contract vacancies with a requirement for generic IT skills | 670 | 1,189 | 1,473 |
| As % of all contract IT jobs advertised in the City of London | 30.71% | 34.71% | 35.50% |
| Number of daily rates quoted | 442 | 805 | 1,053 |
| 10th Percentile | £285 | £350 | £405 |
| 25th Percentile | £428 | £500 | £500 |
| Median daily rate (50th Percentile) | £575 | £625 | £579 |
| Median % change year-on-year | -8.00% | +8.04% | -3.58% |
| 75th Percentile | £700 | £750 | £701 |
| 90th Percentile | £838 | £857 | £825 |
| Central London median daily rate | £565 | £625 | £575 |
| % change year-on-year | -9.60% | +8.70% | -2.54% |
| Number of hourly rates quoted | 6 | 15 | 30 |
| 10th Percentile | £12.75 | £18.06 | £18.50 |
| 25th Percentile | £13.56 | £35.00 | £30.50 |
| Median hourly rate | £20.00 | £51.50 | £48.00 |
| Median % change year-on-year | -61.17% | +7.29% | +123.39% |
| 75th Percentile | £26.25 | £86.02 | £58.00 |
| 90th Percentile | £38.63 | £88.30 | £62.83 |
| Central London median hourly rate | £23.00 | £37.42 | £48.00 |
| % change year-on-year | -38.53% | -22.05% | +140.00% |
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 21 June 2024.
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
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: