Period
to 23 January 2018

The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of RedDot products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RedDot over the 6 months to 23 January 2018 with a comparison to the 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within RedDot Solutions.

RedDot
England > London
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank - 588 586
Contract jobs citing RedDot 0 7 4
As % of all contract IT jobs advertised in London - 0.017% 0.009%
As % of the Vendors category - 0.039% 0.022%
Number of daily rates quoted 0 7 4
London median daily rate - £412 £405
Median daily rate % change year-on-year - +1.60% +15.71%
England median daily rate - £412 £405
% change year-on-year - +1.60% +15.71%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

RedDot 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.

All Vendors
London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,874 17,953 17,948
As % of all contract IT jobs advertised in London 40.47% 43.20% 40.97%
Number of daily rates quoted 12,900 11,913 11,837
London median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £263 £265 £254
90th Percentile £650 £625 £625
England median daily rate £450 £425 £405
% change year-on-year +5.88% +4.94% +1.25%
Number of hourly rates quoted 308 296 330
London median hourly rate £20.25 £19.00 £19.00
Median hourly rate % change year-on-year +6.58% - +8.57%
10th Percentile £11.81 £11.82 £11.25
90th Percentile £47.83 £55.00 £47.83
England median hourly rate £17.49 £17.50 £18.00
% change year-on-year -0.06% -2.78% +9.09%

RedDot
Job Vacancy Trend in London

Job postings citing RedDot as a percentage of all IT jobs advertised in London.

Job vacancy trend for RedDot in London

RedDot
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing RedDot in London.

Contractor daily rate trend for RedDot in London

RedDot
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for RedDot in London