Period
to 23 October 2018

The median contractor rate for a Developer/Software Engineer was £525 per day in advertised job vacancies in London during the 6 months to 23 October 2018.

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.

Software Engineer/Developer
England > London
6 months to
23 Oct 2018
Same period 2017 Same period 2016
Rank 508 562 563
Rank change year-on-year +54 +1 -18
Contract jobs requiring a Developer/Software Engineer 121 61 64
As % of all contract IT jobs advertised in London 0.26% 0.13% 0.14%
As % of the Job Titles category 0.28% 0.14% 0.15%
Number of daily rates quoted 76 50 56
London median daily rate £525 £500 £438
Median daily rate % change year-on-year +5.00% +14.29% +2.94%
10th Percentile £422 £362 £325
90th Percentile £638 £650 £556
England median daily rate £475 £463 £438
% change year-on-year +2.70% +5.71% +14.75%
Number of hourly rates quoted 1 1 2
London median hourly rate £47.83 £45.00 £52.50
Median hourly rate % change year-on-year +6.29% -14.29% -
England median hourly rate £46.42 £45.00 £41.50
% change year-on-year +3.14% +8.43% +7.79%

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 43,807 43,225 42,138
% of contract IT jobs with a recognized job title 94.72% 94.99% 95.12%
Number of daily rates quoted 31,677 31,203 30,056
London median daily rate £500 £488 £450
Median daily rate % change year-on-year +2.56% +8.33% -
10th Percentile £313 £300 £285
90th Percentile £675 £656 £638
England median daily rate £450 £450 £425
% change year-on-year - +5.88% +5.59%
Number of hourly rates quoted 590 518 549
London median hourly rate £19.00 £20.22 £19.23
Median hourly rate % change year-on-year -6.02% +5.14% +1.21%
10th Percentile £12.75 £12.50 £11.25
90th Percentile £52.63 £47.83 £52.50
England median hourly rate £18.00 £18.70 £18.50
% change year-on-year -3.74% +1.08% +4.11%

Developer/Software Engineer
Job Vacancy Trend in London

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

Job vacancy trend for Developer/Software Engineer in London

Developer/Software Engineer
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Developer/Software Engineer in London

Developer/Software Engineer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Developer/Software Engineer in London over the 6 months to 23 October 2018.

Contractor daily rate histogram for Developer/Software Engineer in London

Developer/Software Engineer
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Developer/Software Engineer in London

Developer/Software Engineer
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 Developer/Software Engineer within the London region over the 6 months to 23 October 2018. 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 +4 29 £600 +26.32% 9
South London -24 3 £475 +58.33% 1
West London -11 1 - - 5
Developer/Software Engineer
England

Developer/Software Engineer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 23 October 2018, Developer/Software Engineer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Developer/Software Engineer in the job title.

1 118 (97.52%) Software Engineering
2 91 (75.21%) Agile Software Development
3 60 (49.59%) Java
4 50 (41.32%) Amazon AWS
5 49 (40.50%) Microservices
6 38 (31.40%) Finance
7 35 (28.93%) Web Services
7 35 (28.93%) React
7 35 (28.93%) DevOps
8 34 (28.10%) Python
9 31 (25.62%) AngularJS
10 30 (24.79%) NoSQL
10 30 (24.79%) Linux
10 30 (24.79%) Scrum
10 30 (24.79%) TDD
11 29 (23.97%) Asset Management
12 28 (23.14%) Front Office
12 28 (23.14%) SQL
13 27 (22.31%) JavaScript
14 25 (20.66%) Spring
15 24 (19.83%) C#
15 24 (19.83%) C++
15 24 (19.83%) E-Commerce
15 24 (19.83%) Docker
16 23 (19.01%) BDD
17 22 (18.18%) Node.js
18 21 (17.36%) .NET
18 21 (17.36%) J2EE
19 20 (16.53%) PHP
19 20 (16.53%) Jenkins

Developer/Software Engineer 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 7 (5.79%) Elasticsearch
2 3 (2.48%) Gunicorn
2 3 (2.48%) Tomcat
3 2 (1.65%) Apache
3 2 (1.65%) CMS
3 2 (1.65%) Drupal
3 2 (1.65%) Jetty
4 1 (0.83%) Anypoint
4 1 (0.83%) Apache Spark
4 1 (0.83%) JBoss
4 1 (0.83%) Mule
4 1 (0.83%) nginx
4 1 (0.83%) Oracle Service Bus
4 1 (0.83%) Umbraco
4 1 (0.83%) WebLogic
4 1 (0.83%) WebSphere
Cloud Services
1 50 (41.32%) Amazon AWS
2 17 (14.05%) Amazon SQS
2 17 (14.05%) Serverless
3 16 (13.22%) AWS Lambda
4 7 (5.79%) AWS CloudFormation
5 4 (3.31%) Microsoft Azure
6 3 (2.48%) GitHub
6 3 (2.48%) Google Cloud Platform
7 1 (0.83%) Amazon Kinesis
7 1 (0.83%) Google App Engine
7 1 (0.83%) SaaS
Communications & Networking
1 1 (0.83%) HTTP
1 1 (0.83%) IPv4
1 1 (0.83%) SNMP
Database & Business Intelligence
1 30 (24.79%) NoSQL
2 17 (14.05%) Amazon DynamoDB
2 17 (14.05%) MySQL
3 15 (12.40%) Big Data
3 15 (12.40%) MongoDB
4 14 (11.57%) Relational Database
5 10 (8.26%) Hadoop
6 5 (4.13%) Oracle Database
7 3 (2.48%) PostgreSQL
7 3 (2.48%) RDBMS
7 3 (2.48%) SQL Server
8 1 (0.83%) Amazon RDS
8 1 (0.83%) Azure SQL Database
8 1 (0.83%) KDB
8 1 (0.83%) Kdb+
8 1 (0.83%) Power BI
8 1 (0.83%) SQL Server Analysis Services
8 1 (0.83%) SQL Server Integration Services
8 1 (0.83%) SQL Server Reporting Services
8 1 (0.83%) Tick Data
Development Applications
1 20 (16.53%) Jenkins
2 15 (12.40%) TeamCity
3 13 (10.74%) Hudson
3 13 (10.74%) Octopus Deploy
4 12 (9.92%) MSBuild
5 11 (9.09%) Maven
6 10 (8.26%) Git (software)
7 9 (7.44%) Artifactory
8 8 (6.61%) Atlassian Bamboo
9 7 (5.79%) Vagrant
10 3 (2.48%) Gatling
10 3 (2.48%) PHPUnit
10 3 (2.48%) Robot Framework
10 3 (2.48%) Selenium
10 3 (2.48%) Visual Studio
11 2 (1.65%) ClearCase
11 2 (1.65%) ClearQuest
11 2 (1.65%) Eclipse
11 2 (1.65%) JIRA
11 2 (1.65%) Subversion
General
1 38 (31.40%) Finance
2 28 (23.14%) Front Office
3 19 (15.70%) Banking
4 7 (5.79%) Games
5 5 (4.13%) Marketing
6 3 (2.48%) Manufacturing
6 3 (2.48%) Retail
7 2 (1.65%) Avionics
7 2 (1.65%) Investment Banking
8 1 (0.83%) Electronics
8 1 (0.83%) Financial Institution
8 1 (0.83%) French Language
8 1 (0.83%) Telecoms
Libraries, Frameworks & Software Standards
1 35 (28.93%) React
1 35 (28.93%) Web Services
2 31 (25.62%) AngularJS
3 25 (20.66%) Spring
4 22 (18.18%) Node.js
5 21 (17.36%) .NET
5 21 (17.36%) J2EE
6 17 (14.05%) Symfony
7 16 (13.22%) J2SE
7 16 (13.22%) Redux
7 16 (13.22%) Spring Boot
8 10 (8.26%) REST
9 9 (7.44%) NumPy
9 9 (7.44%) SciPy
10 8 (6.61%) XML
11 6 (4.96%) Ajax
11 6 (4.96%) CSS
11 6 (4.96%) HTML
11 6 (4.96%) STL
11 6 (4.96%) XSLT
Miscellaneous
1 14 (11.57%) Fixed Income
2 12 (9.92%) Derivative
3 11 (9.09%) Equities
3 11 (9.09%) Exotic Derivative
3 11 (9.09%) Foreign Exchange (FX)
3 11 (9.09%) Greenfield Project
4 10 (8.26%) Hedge funds
5 9 (7.44%) Analytical Skills
6 7 (5.79%) Computer Science
6 7 (5.79%) User Experience
7 4 (3.31%) OTC Derivatives
8 1 (0.83%) Algorithms
8 1 (0.83%) Augmented Reality
8 1 (0.83%) Cloud Native
8 1 (0.83%) Data Structures
8 1 (0.83%) Enterprise Cloud
8 1 (0.83%) Enterprise Software
8 1 (0.83%) NHS
8 1 (0.83%) Online Games
8 1 (0.83%) Self-Motivation
Operating Systems
1 30 (24.79%) Linux
2 7 (5.79%) Unix
3 3 (2.48%) Windows
4 2 (1.65%) Oracle Linux
5 1 (0.83%) Solaris
Processes & Methodologies
1 118 (97.52%) Software Engineering
2 91 (75.21%) Agile Software Development
3 49 (40.50%) Microservices
4 35 (28.93%) DevOps
5 30 (24.79%) Scrum
5 30 (24.79%) TDD
6 29 (23.97%) Asset Management
7 24 (19.83%) E-Commerce
8 23 (19.01%) BDD
9 19 (15.70%) Continuous Integration
10 12 (9.92%) Front End Development
11 10 (8.26%) Configuration Management
12 9 (7.44%) OO
12 9 (7.44%) Pair Programming
12 9 (7.44%) Test Automation
13 7 (5.79%) Coaching
13 7 (5.79%) Deployment Automation
13 7 (5.79%) Mentoring
13 7 (5.79%) Portfolio Management
14 6 (4.96%) Problem-Solving
Programming Languages
1 60 (49.59%) Java
2 34 (28.10%) Python
3 28 (23.14%) SQL
4 27 (22.31%) JavaScript
5 24 (19.83%) C#
5 24 (19.83%) C++
6 20 (16.53%) PHP
7 13 (10.74%) TypeScript
8 12 (9.92%) PHP 7
8 12 (9.92%) PowerShell
9 10 (8.26%) Java 8
10 7 (5.79%) Perl
11 6 (4.96%) R
12 5 (4.13%) Bash Shell
12 5 (4.13%) Groovy
12 5 (4.13%) Shell Script
13 4 (3.31%) Kotlin
13 4 (3.31%) Scala
14 3 (2.48%) ES6
15 2 (1.65%) Go
Qualifications
1 9 (7.44%) AWS Certification
2 7 (5.79%) Degree
3 5 (4.13%) Security Cleared
4 2 (1.65%) DV Cleared
4 2 (1.65%) SC Cleared
5 1 (0.83%) BPSS Clearance
Quality Assurance & Compliance
1 2 (1.65%) DO-178B
System Software
1 24 (19.83%) Docker
Systems Management
1 19 (15.70%) Terraform
2 4 (3.31%) Grafana
2 4 (3.31%) Kibana
2 4 (3.31%) logstash
3 2 (1.65%) Ansible
3 2 (1.65%) Puppet
4 1 (0.83%) Kubernetes
Vendors
1 11 (9.09%) Oracle
2 6 (4.96%) AppDynamics
3 5 (4.13%) Dynatrace
3 5 (4.13%) New Relic
4 4 (3.31%) Splunk
5 3 (2.48%) Google
6 2 (1.65%) Charles River
6 2 (1.65%) JDA
6 2 (1.65%) Microsoft
6 2 (1.65%) Salesforce.com
6 2 (1.65%) SAP
7 1 (0.83%) ATG
7 1 (0.83%) Cisco
7 1 (0.83%) Demandware
7 1 (0.83%) hybris
7 1 (0.83%) Informatica
7 1 (0.83%) MuleSoft
7 1 (0.83%) Red Hat