Red Box
England > London
The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of Red Box products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Red Box over the 6 months to 25 May 2024 with a comparison to the same period in the previous 2 years.
The figures below represent the IT contractor job market in general and are not representative of contractor rates within Red Box Recorders.
| 6 months to 25 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 482 | 597 |
| Rank change year-on-year | - | +115 | -131 |
| Contract jobs citing Red Box | 0 | 6 | 7 |
| As % of all contract jobs advertised in London | - | 0.023% | 0.018% |
| As % of the Vendors category | - | 0.059% | 0.048% |
| Number of daily rates quoted | 0 | 4 | 4 |
| 10th Percentile | - | £308 | £453 |
| 25th Percentile | - | £319 | £458 |
| Median daily rate (50th Percentile) | - | £375 | £484 |
| Median % change year-on-year | - | -22.52% | -19.33% |
| 75th Percentile | - | £444 | £497 |
| 90th Percentile | - | £523 | £499 |
| England median daily rate | - | £375 | £484 |
| % change year-on-year | - | -22.52% | -9.95% |
| Number of hourly rates quoted | 0 | 0 | 2 |
| Median hourly rate | - | - | £36.00 |
| England median hourly rate | - | - | £36.00 |
| % change year-on-year | - | - | -25.00% |
All Vendors
London
Red Box is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in London.
| Contract vacancies with a requirement for knowledge or experience of vendor products and services | 7,144 | 10,130 | 14,602 |
| As % of all contract IT jobs advertised in London | 40.98% | 39.64% | 37.78% |
| Number of daily rates quoted | 4,911 | 7,181 | 10,396 |
| 10th Percentile | £300 | £325 | £356 |
| 25th Percentile | £425 | £450 | £463 |
| Median daily rate (50th Percentile) | £540 | £573 | £550 |
| Median % change year-on-year | -5.68% | +4.09% | +5.77% |
| 75th Percentile | £656 | £688 | £675 |
| 90th Percentile | £775 | £798 | £775 |
| England median daily rate | £515 | £536 | £525 |
| % change year-on-year | -3.92% | +2.10% | +8.47% |
| Number of hourly rates quoted | 129 | 127 | 174 |
| 10th Percentile | £13.87 | £16.13 | £16.65 |
| 25th Percentile | £17.00 | £21.00 | £23.91 |
| Median hourly rate | £23.50 | £27.00 | £35.00 |
| Median % change year-on-year | -12.96% | -22.86% | +31.33% |
| 75th Percentile | £36.75 | £53.75 | £49.25 |
| 90th Percentile | £65.00 | £70.00 | £58.14 |
| England median hourly rate | £22.15 | £37.50 | £21.37 |
| % change year-on-year | -40.93% | +75.48% | +6.85% |
Red Box
Job Vacancy Trend in London
Job postings citing Red Box as a proportion of all IT jobs advertised in London.
Red Box
Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing Red Box in London.