Graduate Contracts in London

Graduate
England > London

The median Graduate daily rate in London is £140 according to job vacancies posted during the 6 months to 8 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 377 476 602
Rank change year-on-year +99 +126 -133
Contract jobs requiring a Graduate 5 7 7
As % of all contract jobs advertised in London 0.028% 0.027% 0.018%
As % of the Job Titles category 0.030% 0.028% 0.019%
Number of daily rates quoted 5 6 5
10th Percentile - £123 £122
25th Percentile £98 £137 £125
Median daily rate (50th Percentile) £140 £169 £163
Median % change year-on-year -17.04% +3.85% -39.81%
75th Percentile £150 £225 £170
90th Percentile £201 £356 £194
England median daily rate £120 £150 £170
% change year-on-year -20.00% -11.76% -5.56%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £35.00
England median hourly rate £12.50 £20.00 £21.00
% change year-on-year -37.50% -4.76% +58.55%

All Contract IT Job Vacancies
London

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.

Contract vacancies in London with a recognized job title 16,506 25,035 36,829
% of contract IT jobs with a recognized job title 93.29% 95.25% 95.33%
Number of daily rates quoted 11,947 18,137 26,928
10th Percentile £325 £363 £375
25th Percentile £445 £463 £471
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £680 £700 £683
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 329 282 444
10th Percentile £16.00 £18.00 £16.50
25th Percentile £20.02 £22.66 £22.50
Median hourly rate £27.50 £35.75 £35.00
Median % change year-on-year -23.08% +2.14% +8.63%
75th Percentile £44.75 £62.64 £49.25
90th Percentile £65.01 £79.80 £67.94
England median hourly rate £37.18 £45.00 £22.50
% change year-on-year -17.38% +100.00% +2.27%

Graduate
Job Vacancy Trend in London

Job postings that featured Graduate in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Graduate in London

Graduate
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Graduate in London.

Daily rate trend for Graduate in London

Graduate
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Graduate in London.

Hourly rate trend for Graduate in London

Graduate
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 Graduate within the London region over the 6 months to 8 May 2024. 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
Jobs
Central London +45 2 £140 -37.78% 19
North London +3 2 £100 -
Graduate
England

Graduate Skill Set
Top 22 Co-occurring Skills and Capabilities in London

For the 6 months to 8 May 2024, Graduate contract job roles required 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 featuring Graduate in the job title.

1 3 (60.00%) Computer Science
2 2 (40.00%) Critical Thinking
2 2 (40.00%) Social Skills
2 2 (40.00%) SharePoint
2 2 (40.00%) Intranet
3 1 (20.00%) Derivative
3 1 (20.00%) Degree
3 1 (20.00%) Mathematics
3 1 (20.00%) Banking
3 1 (20.00%) Risk Management
3 1 (20.00%) Finance
3 1 (20.00%) C#
3 1 (20.00%) C++
3 1 (20.00%) SQL
3 1 (20.00%) Python
3 1 (20.00%) PhD
3 1 (20.00%) Quantitative Finance
3 1 (20.00%) Master's Degree
3 1 (20.00%) Numerate Degree
3 1 (20.00%) Computer Science Degree
3 1 (20.00%) Backtesting
3 1 (20.00%) R

Graduate Skill Set
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:

Application Platforms
1 2 (40.00%) SharePoint
Communications & Networking
1 2 (40.00%) Intranet
General
1 2 (40.00%) Social Skills
2 1 (20.00%) Banking
2 1 (20.00%) Finance
Miscellaneous
1 1 (20.00%) Derivative
Processes & Methodologies
1 3 (60.00%) Computer Science
2 2 (40.00%) Critical Thinking
3 1 (20.00%) Backtesting
3 1 (20.00%) Mathematics
3 1 (20.00%) Quantitative Finance
3 1 (20.00%) Risk Management
Programming Languages
1 1 (20.00%) C#
1 1 (20.00%) C++
1 1 (20.00%) Python
1 1 (20.00%) R
1 1 (20.00%) SQL
Qualifications
1 1 (20.00%) Computer Science Degree
1 1 (20.00%) Degree
1 1 (20.00%) Master's Degree
1 1 (20.00%) Numerate Degree
1 1 (20.00%) PhD