The median contractor rate for a C++ Quantitative Developer was £625 per day in advertised job vacancies in England during the 3 months to 23 June 2017.

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.

C++ Quant Developer
UK / England
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 563 612 616
Rank change year-on-year +49 +4  
Contract jobs requiring a C++ Quantitative Developer 25 8 10
As % of all contract IT jobs advertised in England 0.058% 0.016% 0.020%
As % of the Job Titles category 0.061% 0.017% 0.021%
Number of daily rates quoted 24 7 8
Median daily rate £625 £625 £675
Median daily rate % change year-on-year - -7.40%  
90% offered a daily rate of more than £550 £606 £500
10% offered a daily rate of more than £693 £700 £725
UK excluding London median daily rate £675 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in England. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
England
Contract job vacancies with a job title containing a recognized job role 40726 46972 48452
As % of all contract IT job vacancies advertised in England 94.73% 95.05% 94.81%
Number of daily rates quoted 26580 31013 30938
Median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25%  
90% offered a daily rate of more than £275 £263 £250
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1241 1367 1887
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £43.25 £40.00
UK excluding London median hourly rate £17.50 £17.45 £16.14
% change year-on-year +0.28% +8.11%  

C++ Quantitative Developer
Job Vacancy Trend in England

The job posting trend of jobs advertised in England that featured C++ Quantitative Developer in the job title.

Job vacancy trend for C++ Quantitative Developer in England

C++ Quantitative Developer
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing C++ Quantitative Developer in England.

Contractor daily rate trend for C++ Quantitative Developer in England

C++ Quantitative Developer
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing C++ Quantitative Developer in England over the 3 months to 23 June 2017.

Contractor daily rate histogram for C++ Quantitative Developer in England

C++ Quantitative Developer
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing C++ Quantitative Developer within the England region over the 3 months to 23 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +21 24 £625 - 3
C++ Quantitative Developer
UK

C++ Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 23 June 2017, C++ Quantitative Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region featuring C++ Quantitative Developer in the job title.

1 60 (100.00%) C++
2 41 (68.33%) C#
3 31 (51.67%) Python
4 29 (48.33%) Fixed Income
5 26 (43.33%) Front Office
6 25 (41.67%) Mathematics
7 24 (40.00%) Computer Science
7 24 (40.00%) Agile Software Development
7 24 (40.00%) Windows
8 21 (35.00%) Quantitative Research
8 21 (35.00%) Derivative
9 19 (31.67%) Finance
10 17 (28.33%) PhD
11 15 (25.00%) Subversion
11 15 (25.00%) Analytical Skills
12 14 (23.33%) Foreign Exchange (FX)
12 14 (23.33%) Microsoft Excel
12 14 (23.33%) XML
13 13 (21.67%) STL
13 13 (21.67%) Microsoft
13 13 (21.67%) Boost C++ Libraries
13 13 (21.67%) Analytics
14 12 (20.00%) SDLC
14 12 (20.00%) Credit Risk
14 12 (20.00%) Market Risk
14 12 (20.00%) Migration
14 12 (20.00%) .NET
15 11 (18.33%) Linux
15 11 (18.33%) OOP
15 11 (18.33%) OO

C++ Quantitative Developer Skill Set
Co-occurring IT Skills in England 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 11 (18.33%) CMS
Applications
1 14 (23.33%) Microsoft Excel
2 9 (15.00%) Spreadsheet
Business Applications
1 1 (1.67%) ION MarketView
Communications & Networking
1 1 (1.67%) FIX Connectivity
Database & Business Intelligence
1 2 (3.33%) Big Data
2 1 (1.67%) KDB
Development Applications
1 15 (25.00%) Subversion
2 11 (18.33%) TeamCity
3 4 (6.67%) JIRA
General
1 26 (43.33%) Front Office
2 19 (31.67%) Finance
3 11 (18.33%) Banking
4 9 (15.00%) Investment Banking
5 1 (1.67%) Financial Institution
5 1 (1.67%) French Language
5 1 (1.67%) Marketing
5 1 (1.67%) Retail
Libraries, Frameworks & Software Standards
1 14 (23.33%) XML
2 13 (21.67%) Boost C++ Libraries
2 13 (21.67%) STL
3 12 (20.00%) .NET
4 3 (5.00%) JNI
5 2 (3.33%) FIX Protocol
6 1 (1.67%) COM
6 1 (1.67%) XSD
6 1 (1.67%) XSLT
Miscellaneous
1 29 (48.33%) Fixed Income
2 24 (40.00%) Computer Science
3 21 (35.00%) Derivative
4 15 (25.00%) Analytical Skills
5 14 (23.33%) Foreign Exchange (FX)
6 12 (20.00%) Credit Risk
6 12 (20.00%) Market Risk
7 11 (18.33%) Interest Rate Derivative
7 11 (18.33%) Management Information System
7 11 (18.33%) Swaptions
8 4 (6.67%) CUDA
9 3 (5.00%) Algorithms
9 3 (5.00%) Equities
10 2 (3.33%) Grid Computing
11 1 (1.67%) Credit Derivative
11 1 (1.67%) Greenfield Project
11 1 (1.67%) OTC Derivatives
Operating Systems
1 24 (40.00%) Windows
2 11 (18.33%) Linux
3 3 (5.00%) Windows 7
Processes & Methodologies
1 25 (41.67%) Mathematics
2 24 (40.00%) Agile Software Development
3 21 (35.00%) Quantitative Research
4 13 (21.67%) Analytics
5 12 (20.00%) Migration
5 12 (20.00%) SDLC
6 11 (18.33%) Cross-Platform Development
6 11 (18.33%) OO
6 11 (18.33%) OOP
6 11 (18.33%) Quality Management
6 11 (18.33%) Risk Analytics
6 11 (18.33%) Software Testing
7 10 (16.67%) Physics
8 9 (15.00%) Economics
8 9 (15.00%) PnL Attribution
9 7 (11.67%) Monte Carlo Method
10 6 (10.00%) Validation
11 5 (8.33%) Risk Management
11 5 (8.33%) TDD
12 3 (5.00%) Electronic Trading
Programming Languages
1 60 (100.00%) C++
2 41 (68.33%) C#
3 31 (51.67%) Python
4 7 (11.67%) Java
5 4 (6.67%) VBA
6 1 (1.67%) C
6 1 (1.67%) MATLAB
6 1 (1.67%) SQL
6 1 (1.67%) VC++
Qualifications
1 17 (28.33%) PhD
2 6 (10.00%) Degree
3 3 (5.00%) Numerate Degree
Quality Assurance & Compliance
1 11 (18.33%) QA
Vendors
1 13 (21.67%) Microsoft
2 1 (1.67%) ION Trading
2 1 (1.67%) Oracle
2 1 (1.67%) Solace