The table below provides summary statistics for contract job vacancies advertised in London requiring Formula Language skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Formula Language over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.
Formula Language falls under the Programming Languages category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring coding skills in London.
Contract vacancies with a requirement for coding skills
4,959
6,430
11,021
As % of all contract IT jobs advertised in London
39.52%
36.06%
40.77%
Number of daily rates quoted
3,479
4,906
8,206
10th Percentile
£380
£380
£413
25th Percentile
£449
£463
£500
Median daily rate (50th Percentile)
£550
£575
£600
Median % change year-on-year
-4.35%
-4.17%
-
75th Percentile
£712
£700
£738
90th Percentile
£825
£825
£825
England median daily rate
£525
£540
£565
% change year-on-year
-2.78%
-4.42%
+2.73%
Number of hourly rates quoted
30
57
85
10th Percentile
£29.07
£23.80
£34.55
25th Percentile
£35.00
£36.25
£49.25
Median hourly rate
£44.50
£50.50
£57.50
Median % change year-on-year
-11.88%
-12.17%
+15.00%
75th Percentile
£60.81
£61.75
£75.00
90th Percentile
£69.38
£70.75
£83.45
England median hourly rate
£62.75
£62.50
£61.84
% change year-on-year
+0.40%
+1.07%
+23.68%
Formula Language Job Vacancy Trend in London
Job postings citing Formula Language as a proportion of all IT jobs advertised in London.
Formula Language Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing Formula Language in London.
Formula Language Contractor Hourly Rate Trend in London
3-month moving average hourly rates quoted in jobs citing Formula Language in London.
Formula Language Top 17 Co-occurring Skills and Capabilities in London
For the 6 months to 1 May 2025, contractor job vacancies citing Formula Language also mentioned the following skills and capabilities 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 with a requirement for Formula Language.
Formula Language Co-occurring Skills and Capabilities in 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:
