Period
to 24 November 2017

The median contractor rate for a C++/Java Developer was £620 per day in advertised job vacancies in London during the 6 months to 24 November 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++ Java Developer
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 575 567 599
Rank change year-on-year -8 +32 0
Contract jobs requiring a C++/Java Developer 54 53 14
As % of all contract IT jobs advertised in London 0.11% 0.12% 0.030%
As % of the Job Titles category 0.12% 0.12% 0.031%
Number of daily rates quoted 36 29 8
London median daily rate £620 £475 £375
Median daily rate % change year-on-year +30.53% +26.67% -31.82%
10th Percentile £494 £306 £325
90th Percentile £888 £645 £632
England median daily rate £620 £478 £400
% change year-on-year +29.84% +19.38% -3.03%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate £41.15 £38.50 £47.50
% change year-on-year +6.88% -18.95% -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in 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.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 44654 42830 44617
% of contract IT jobs with a recognized job title 94.81% 94.96% 95.04%
Number of daily rates quoted 32346 30451 31444
London median daily rate £495 £463 £450
Median daily rate % change year-on-year +7.03% +2.78% +5.88%
10th Percentile £300 £288 £269
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 540 562 687
London median hourly rate £20.22 £19.23 £19.00
Median hourly rate % change year-on-year +5.14% +1.21% +8.57%
10th Percentile £12.45 £11.41 £11.25
90th Percentile £47.83 £50.00 £47.64
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

C++/Java Developer
Job Vacancy Trend in London

Job postings that featured C++/Java Developer in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for C++/Java Developer in London

C++/Java Developer
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for C++/Java Developer in London

C++/Java Developer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing C++/Java Developer in London over the 6 months to 24 November 2017.

Contractor daily rate histogram for C++/Java Developer in London

C++/Java Developer
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing C++/Java Developer in London.

Contractor hourly rate trend for C++/Java Developer in London

C++/Java Developer
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing C++/Java Developer within the London region over the 6 months to 24 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +13 14 £825 -2.94% 4
West London -17 11 £400 +18.52% 2
East London - 1 £600 -
C++/Java Developer
England

C++/Java Developer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 24 November 2017, C++/Java 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 London region featuring C++/Java Developer in the job title.

1 54 (100.00%) C++
1 54 (100.00%) Java
2 27 (50.00%) OO
3 26 (48.15%) Linux
4 24 (44.44%) Python
4 24 (44.44%) Front Office
5 22 (40.74%) Finance
6 21 (38.89%) C#
7 17 (31.48%) Unix
8 16 (29.63%) Oracle
9 15 (27.78%) PhD
10 14 (25.93%) SQL
11 11 (20.37%) Electronic Trading
12 10 (18.52%) TDD
12 10 (18.52%) OOP
12 10 (18.52%) Analytical Skills
13 9 (16.67%) Low Latency
13 9 (16.67%) Mathematics
13 9 (16.67%) Physics
13 9 (16.67%) Computer Science
13 9 (16.67%) Test Strategy
14 8 (14.81%) Data Structures
14 8 (14.81%) Quantitative Research
15 7 (12.96%) Market Making
15 7 (12.96%) AngularJS
15 7 (12.96%) Spring
15 7 (12.96%) Algorithmic Trading
15 7 (12.96%) Continuous Improvement
15 7 (12.96%) Foreign Exchange (FX)
15 7 (12.96%) .NET

C++/Java Developer Skill Set
Co-occurring IT Skills in 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:

Application Platforms
1 2 (3.70%) WebLogic
2 1 (1.85%) Oracle Coherence
Applications
1 1 (1.85%) Microsoft Excel
Cloud Services
1 1 (1.85%) Amazon AWS
1 1 (1.85%) AWS CloudFormation
Database & Business Intelligence
1 4 (7.41%) KDB
2 3 (5.56%) Relational Database
2 3 (5.56%) SQL Server
3 1 (1.85%) Hadoop
3 1 (1.85%) Oracle Database
3 1 (1.85%) Oracle Reports
3 1 (1.85%) RDBMS
3 1 (1.85%) Redis
Development Applications
1 5 (9.26%) Visual Studio
2 3 (5.56%) Gradle
2 3 (5.56%) Jenkins
2 3 (5.56%) NUnit
3 2 (3.70%) Ant
3 2 (3.70%) Git (software)
4 1 (1.85%) ClearCase
4 1 (1.85%) Cucumber
4 1 (1.85%) Eclipse
4 1 (1.85%) Grunt
4 1 (1.85%) gulp
4 1 (1.85%) IntelliJ
4 1 (1.85%) Maven
4 1 (1.85%) Oracle APEX
General
1 24 (44.44%) Front Office
2 22 (40.74%) Finance
3 5 (9.26%) Banking
4 3 (5.56%) Investment Banking
5 1 (1.85%) Back Office
Libraries, Frameworks & Software Standards
1 7 (12.96%) .NET
1 7 (12.96%) AngularJS
1 7 (12.96%) Spring
2 3 (5.56%) .NET Framework
2 3 (5.56%) XML
3 2 (3.70%) FIX Protocol
3 2 (3.70%) J2EE
3 2 (3.70%) Java RMI
3 2 (3.70%) JDBC
3 2 (3.70%) JNI
3 2 (3.70%) Swing
3 2 (3.70%) WPF
4 1 (1.85%) Kafka
4 1 (1.85%) RabbitMQ
4 1 (1.85%) React
4 1 (1.85%) STL
4 1 (1.85%) Unity (Game Engine)
4 1 (1.85%) Web Services
4 1 (1.85%) XSLT
4 1 (1.85%) ZeroMQ
Miscellaneous
1 10 (18.52%) Analytical Skills
2 9 (16.67%) Computer Science
3 8 (14.81%) Data Structures
4 7 (12.96%) Foreign Exchange (FX)
5 4 (7.41%) Algorithms
6 3 (5.56%) Derivative
6 3 (5.56%) Fixed Income
7 2 (3.70%) Fintech
8 1 (1.85%) Credit Derivative
8 1 (1.85%) Linux Command Line
8 1 (1.85%) Market Risk
8 1 (1.85%) OTC Derivatives
8 1 (1.85%) Virtual Team
Operating Systems
1 26 (48.15%) Linux
2 17 (31.48%) Unix
3 2 (3.70%) Windows
4 1 (1.85%) Android
4 1 (1.85%) Apple iOS
4 1 (1.85%) Red Hat Enterprise Linux
4 1 (1.85%) Solaris
Processes & Methodologies
1 27 (50.00%) OO
2 11 (20.37%) Electronic Trading
3 10 (18.52%) OOP
3 10 (18.52%) TDD
4 9 (16.67%) Low Latency
4 9 (16.67%) Mathematics
4 9 (16.67%) Physics
4 9 (16.67%) Test Strategy
5 8 (14.81%) Quantitative Research
6 7 (12.96%) Algorithmic Trading
6 7 (12.96%) Continuous Improvement
6 7 (12.96%) Market Making
7 6 (11.11%) DevOps
8 5 (9.26%) Analytics
9 4 (7.41%) Quantitative Risk Management
9 4 (7.41%) Risk Management
9 4 (7.41%) Test Automation
10 3 (5.56%) Continuous Integration
10 3 (5.56%) Multithreading
11 2 (3.70%) Machine Learning
Programming Languages
1 54 (100.00%) C++
1 54 (100.00%) Java
2 24 (44.44%) Python
3 21 (38.89%) C#
4 14 (25.93%) SQL
5 3 (5.56%) C
5 3 (5.56%) Scala
5 3 (5.56%) Shell Script
6 1 (1.85%) ES6
6 1 (1.85%) Go
6 1 (1.85%) JavaScript
6 1 (1.85%) Korn
6 1 (1.85%) R
6 1 (1.85%) VBA
Qualifications
1 15 (27.78%) PhD
2 6 (11.11%) Degree
3 1 (1.85%) Numerate Degree
Quality Assurance & Compliance
1 4 (7.41%) QA
2 1 (1.85%) MiFID
System Software
1 1 (1.85%) Apache ZooKeeper
1 1 (1.85%) etcd
1 1 (1.85%) Varnish
Systems Management
1 4 (7.41%) Ansible
2 1 (1.85%) Consul
2 1 (1.85%) Hadoop YARN
2 1 (1.85%) Terraform
Vendors
1 16 (29.63%) Oracle
2 3 (5.56%) Sybase
3 2 (3.70%) Calypso
3 2 (3.70%) Perforce
3 2 (3.70%) Solace
3 2 (3.70%) TIBCO
4 1 (1.85%) Caplin