RAD Contracts in London

Rapid Application Development (RAD)
England > London

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for RAD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RAD over the 6 months to 13 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
13 May 2024
Same period 2023 Same period 2022
Rank 369 461 580
Rank change year-on-year +92 +119 -116
Contract jobs citing RAD 28 24 19
As % of all contract jobs advertised in London 0.16% 0.091% 0.049%
As % of the Processes & Methodologies category 0.18% 0.10% 0.053%
Number of daily rates quoted 24 21 6
10th Percentile - £475 £485
25th Percentile - £613 £599
Median daily rate (50th Percentile) £600 £675 £780
Median % change year-on-year -11.11% -13.46% +35.65%
75th Percentile £691 £738 £793
90th Percentile £722 £750 -
England median daily rate £600 £675 £729
% change year-on-year -11.11% -7.41% +29.60%

All Process and Methodology Skills
London

RAD is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,569 23,994 35,899
As % of all contract IT jobs advertised in London 88.72% 90.95% 92.33%
Number of daily rates quoted 11,151 17,292 26,230
10th Percentile £340 £375 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £688 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 312 273 423
10th Percentile £15.95 £18.50 £17.55
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £27.92 £39.00 £37.00
Median % change year-on-year -28.41% +5.41% +12.63%
75th Percentile £48.75 £64.00 £51.00
90th Percentile £66.45 £81.80 £68.75
England median hourly rate £36.50 £37.34 £25.00
% change year-on-year -2.25% +49.36% +6.38%

RAD
Job Vacancy Trend in London

Job postings citing RAD as a proportion of all IT jobs advertised in London.

Job vacancy trend for RAD in London

RAD
Contractor Daily Rate Trend in London

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

Daily rate trend for RAD in London

RAD
Daily Rate Histogram in London

Daily rate distribution for jobs citing RAD in London over the 6 months to 13 May 2024.

Daily rate histogram for RAD in London

RAD
Contractor Hourly Rate Trend in London

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

Hourly rate trend for RAD in London

RAD
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 RAD within the London region over the 6 months to 13 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 +39 2 £756 +12.00%
RAD
England

RAD
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:

Applications
1 6 (21.43%) Microsoft Excel
2 1 (3.57%) Spreadsheet
Business Applications
1 9 (32.14%) Loan IQ
Cloud Services
1 1 (3.57%) AWS
Communications & Networking
1 1 (3.57%) FTP
Database & Business Intelligence
1 4 (14.29%) SQL Server
2 1 (3.57%) MongoDB
2 1 (3.57%) MS Access
2 1 (3.57%) PostgreSQL
General
1 26 (92.86%) Finance
2 18 (64.29%) Banking
3 17 (60.71%) Front Office
4 15 (53.57%) Investment Banking
5 9 (32.14%) Financial Institution
5 9 (32.14%) Social Skills
6 2 (7.14%) Analytical Skills
7 1 (3.57%) Organisational Skills
Job Titles
1 21 (75.00%) Developer
2 16 (57.14%) Java Developer
3 14 (50.00%) Front Office Developer
3 14 (50.00%) Investment Banking Java Developer
4 5 (17.86%) Business Analyst
5 4 (14.29%) RAD Developer
6 3 (10.71%) C# Developer
6 3 (10.71%) Consultant
7 2 (7.14%) C# Developer - Investment Banking
7 2 (7.14%) Front Office RAD Developer
8 1 (3.57%) Excel Developer
8 1 (3.57%) Excel VBA Developer
8 1 (3.57%) Python Developer
8 1 (3.57%) Senior
8 1 (3.57%) Senior Developer
8 1 (3.57%) Tactical Developer
8 1 (3.57%) VBA Developer
Libraries, Frameworks & Software Standards
1 8 (28.57%) Apache Camel
2 3 (10.71%) .NET
3 2 (7.14%) .NET Framework
4 1 (3.57%) AngularJS
4 1 (3.57%) CSS
4 1 (3.57%) FastAPI
4 1 (3.57%) FIX Protocol
4 1 (3.57%) HTML
4 1 (3.57%) Kafka
4 1 (3.57%) NumPy
4 1 (3.57%) Pandas
4 1 (3.57%) RabbitMQ
4 1 (3.57%) React
4 1 (3.57%) REST
4 1 (3.57%) Spring
4 1 (3.57%) Spring Boot
Miscellaneous
1 15 (53.57%) Derivative
2 14 (50.00%) Equity Derivative
3 2 (7.14%) Equities
4 1 (3.57%) Data Protection Act
4 1 (3.57%) Fixed Income
4 1 (3.57%) Hedge funds
4 1 (3.57%) Self-Motivation
4 1 (3.57%) Spread Betting
Operating Systems
1 10 (35.71%) Linux
2 9 (32.14%) Windows
Processes & Methodologies
1 10 (35.71%) Agile
2 9 (32.14%) Data Modelling
2 9 (32.14%) DSDM
2 9 (32.14%) Migration
2 9 (32.14%) SSADM
2 9 (32.14%) UML
2 9 (32.14%) Waterfall
3 8 (28.57%) CI/CD
3 8 (28.57%) Continuous Deployment
3 8 (28.57%) Continuous Integration
3 8 (28.57%) Data Migration
4 2 (7.14%) Mentoring
4 2 (7.14%) Quantitative Research
5 1 (3.57%) Automated Trading
5 1 (3.57%) Data Analytics
5 1 (3.57%) Decision-Making
5 1 (3.57%) Full Stack Development
5 1 (3.57%) Problem-Solving
5 1 (3.57%) Requirements Gathering
5 1 (3.57%) Time Management
Programming Languages
1 24 (85.71%) Java
2 14 (50.00%) SQL
3 6 (21.43%) Python
3 6 (21.43%) VBA
4 5 (17.86%) C#
5 4 (14.29%) C++
6 1 (3.57%) Clojure
6 1 (3.57%) Groovy
6 1 (3.57%) Scala
Quality Assurance & Compliance
1 1 (3.57%) MiFID
Vendors
1 9 (32.14%) IBM
2 3 (10.71%) Oracle
3 2 (7.14%) Microsoft
4 1 (3.57%) Bloomberg
4 1 (3.57%) Reuters