Period
to 12 November 2019

The median contractor rate for a Software Engineer was £550 per day in advertised job vacancies in London during the 6 months to 12 November 2019.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Software Engineer
England > London
6 months to
12 Nov 2019
Same period 2018 Same period 2017
Rank 187 237 327
Rank change year-on-year +50 +90 +39
Contract jobs requiring a Software Engineer 507 521 359
As % of all contract IT jobs advertised in London 1.41% 1.14% 0.78%
As % of the Job Titles category 1.50% 1.20% 0.82%
Number of daily rates quoted 263 317 248
London median daily rate £550 £525 £500
Median daily rate % change year-on-year +4.76% +5.00% +5.26%
10th Percentile £376 £400 £370
90th Percentile £675 £675 £650
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +5.88%
Number of hourly rates quoted 25 24 28
London median hourly rate £48.00 £44.38 £45.00
Median hourly rate % change year-on-year +8.17% -1.39% +9.09%
10th Percentile £41.00 £18.93 £35.00
90th Percentile £53.75 £53.75 £48.75
England median hourly rate £47.50 £45.00 £42.50
% change year-on-year +5.56% +5.88% +3.66%

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.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 33,814 43,433 43,879
% of contract IT jobs with a recognized job title 93.82% 94.79% 94.99%
Number of daily rates quoted 24,298 31,385 31,737
London median daily rate £500 £500 £488
Median daily rate % change year-on-year - +2.56% +8.33%
10th Percentile £313 £313 £300
90th Percentile £688 £675 £656
England median daily rate £473 £450 £450
% change year-on-year +5.00% - +5.88%
Number of hourly rates quoted 468 593 553
London median hourly rate £21.50 £19.25 £20.00
Median hourly rate % change year-on-year +11.69% -3.75% +5.10%
10th Percentile £12.44 £12.75 £12.10
90th Percentile £53.75 £55.29 £47.83
England median hourly rate £19.56 £18.50 £18.70
% change year-on-year +5.73% -1.07% +3.72%

Software Engineer
Job Vacancy Trend in London

Job postings that featured Software Engineer in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Software Engineer in London

Software Engineer
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Software Engineer in London

Software Engineer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Software Engineer in London over the 6 months to 12 November 2019.

Contractor daily rate histogram for Software Engineer in London

Software Engineer
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Software Engineer in London

Software Engineer
Contractor Hourly Rate Histogram in London

The hourly rate distribution of IT jobs citing Software Engineer in London over the 6 months to 12 November 2019.

Contractor hourly rate histogram for Software Engineer in London

Software Engineer
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 Software Engineer within the London region over the 6 months to 12 November 2019. 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
Job
Vacancies
Central London +36 75 £575 +4.55% 130
West London +29 31 £425 -13.27% 61
South London +36 15 £450 -5.26% 13
East London +27 6 £375 -25.00% 25
North London +6 2 £500 - 8
Software Engineer
England

Software Engineer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 12 November 2019, Software Engineer contract jobs required the following IT skills 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 Software Engineer in the job title.

1 492 (97.04%) Software Engineering
2 255 (50.30%) Java
3 234 (46.15%) Agile Software Development
4 208 (41.03%) Python
5 195 (38.46%) AWS
6 185 (36.49%) Finance
7 169 (33.33%) JavaScript
8 150 (29.59%) C#
9 147 (28.99%) Web Services
10 128 (25.25%) Microservices
11 126 (24.85%) Asset Management
12 123 (24.26%) C++
13 120 (23.67%) React
14 112 (22.09%) Docker
15 108 (21.30%) Node.js
16 107 (21.10%) DevOps
17 105 (20.71%) Front Office
18 92 (18.15%) Fixed Income
19 88 (17.36%) Azure
20 87 (17.16%) SQL
21 81 (15.98%) AngularJS
22 79 (15.58%) TDD
23 74 (14.60%) Derivative
24 69 (13.61%) .NET
25 66 (13.02%) Mentoring
26 65 (12.82%) Kubernetes
27 64 (12.62%) Bloomberg
28 63 (12.43%) GitHub
29 62 (12.23%) Serverless
30 60 (11.83%) J2EE

Software Engineer Skill Set
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 21 (4.14%) Elasticsearch
2 15 (2.96%) Apache Spark
3 7 (1.38%) Apache
4 6 (1.18%) Tomcat
5 3 (0.59%) Confluence
5 3 (0.59%) IIS
5 3 (0.59%) Jupyter
5 3 (0.59%) Sonic ESB
6 2 (0.39%) CMS
6 2 (0.39%) SAS
7 1 (0.20%) Drupal
7 1 (0.20%) Mendix
7 1 (0.20%) nginx
7 1 (0.20%) SharePoint
7 1 (0.20%) SharePoint 2010
7 1 (0.20%) SharePoint 2013
7 1 (0.20%) WebSphere
7 1 (0.20%) WordPress
Applications
1 1 (0.20%) InfoPath
1 1 (0.20%) PrintSoft PReS
1 1 (0.20%) Simulink
Business Applications
1 17 (3.35%) FINCAD Analytics
2 8 (1.58%) PolarLake
3 6 (1.18%) Markit EDM
4 1 (0.20%) ION MarketView
Cloud Services
1 195 (38.46%) AWS
2 88 (17.36%) Azure
3 63 (12.43%) GitHub
4 62 (12.23%) Serverless
5 36 (7.10%) AWS Lambda
6 35 (6.90%) Amazon S3
7 28 (5.52%) GCP
8 20 (3.94%) Amazon SQS
8 20 (3.94%) AWS CloudFormation
9 19 (3.75%) Amazon EC2
10 16 (3.16%) Amazon ECS
11 11 (2.17%) Azure Functions
12 9 (1.78%) Amazon Kinesis
12 9 (1.78%) OpenShift
13 7 (1.38%) Cloud Computing
14 6 (1.18%) AWS Elastic Beanstalk
15 5 (0.99%) Fastly
15 5 (0.99%) Force.com
15 5 (0.99%) Heroku
16 4 (0.79%) Amazon CloudWatch
Communications & Networking
1 10 (1.97%) Internet
2 9 (1.78%) DNS
3 4 (0.79%) DVB
3 4 (0.79%) HTTP
3 4 (0.79%) TCP/IP
4 2 (0.39%) IPv4
4 2 (0.39%) IPv6
4 2 (0.39%) RS-485
4 2 (0.39%) RTSP
4 2 (0.39%) SSH
4 2 (0.39%) Wireless
4 2 (0.39%) Wireshark
5 1 (0.20%) AMQP
5 1 (0.20%) Bluetooth
5 1 (0.20%) Firewall
5 1 (0.20%) HbbTV
5 1 (0.20%) HTTPS
5 1 (0.20%) MQTT
5 1 (0.20%) RTP
5 1 (0.20%) Wi-Fi
Database & Business Intelligence
1 56 (11.05%) PostgreSQL
2 55 (10.85%) SQL Server
3 53 (10.45%) NoSQL
4 44 (8.68%) Relational Database
5 40 (7.89%) Big Data
6 39 (7.69%) Amazon Aurora
7 37 (7.30%) MySQL
8 34 (6.71%) Amazon RDS
8 34 (6.71%) RDBMS
9 32 (6.31%) MongoDB
10 26 (5.13%) Amazon DynamoDB
11 25 (4.93%) Amazon Athena
11 25 (4.93%) Amazon Redshift
12 22 (4.34%) Hadoop
13 18 (3.55%) Redis
14 12 (2.37%) KDB
15 10 (1.97%) Data Lake
16 9 (1.78%) Apache Cassandra
17 8 (1.58%) Neo4j
18 7 (1.38%) Cosmos DB
Development Applications
1 43 (8.48%) Git (software)
2 36 (7.10%) Jenkins
3 19 (3.75%) Maven
4 17 (3.35%) JIRA
5 13 (2.56%) Jasmine
6 10 (1.97%) Selenium
7 9 (1.78%) Artifactory
8 8 (1.58%) CircleCI
8 8 (1.58%) SonarQube
9 7 (1.38%) Visual Studio Team System
10 6 (1.18%) Ant
10 6 (1.18%) GitLab
10 6 (1.18%) Subversion
10 6 (1.18%) TeamCity
10 6 (1.18%) webpack
11 5 (0.99%) Cucumber
11 5 (0.99%) FindBugs
11 5 (0.99%) Log4j
11 5 (0.99%) Mercurial
12 4 (0.79%) Octopus Deploy
General
1 185 (36.49%) Finance
2 105 (20.71%) Front Office
3 25 (4.93%) Banking
4 9 (1.78%) Military
5 8 (1.58%) Advertising
6 7 (1.38%) Electronics
6 7 (1.38%) Investment Banking
7 6 (1.18%) Games
7 6 (1.18%) Retail
8 5 (0.99%) Financial Institution
8 5 (0.99%) Marketing
9 4 (0.79%) Publishing
10 3 (0.59%) Legal
10 3 (0.59%) Pharmaceutical
11 2 (0.39%) Public Sector
12 1 (0.20%) Aerospace
12 1 (0.20%) Automotive
12 1 (0.20%) Law
12 1 (0.20%) Manufacturing
12 1 (0.20%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 147 (28.99%) Web Services
2 120 (23.67%) React
3 108 (21.30%) Node.js
4 81 (15.98%) AngularJS
5 69 (13.61%) .NET
6 60 (11.83%) J2EE
7 32 (6.31%) Spring
8 29 (5.72%) HTML
9 27 (5.33%) CSS
9 27 (5.33%) J2SE
9 27 (5.33%) REST
10 26 (5.13%) RESTful
11 24 (4.73%) gRPC
12 23 (4.54%) Dropwizard
13 21 (4.14%) Kafka
14 19 (3.75%) Redux
15 17 (3.35%) GraphQL
15 17 (3.35%) Spring Boot
16 14 (2.76%) .NET Core
16 14 (2.76%) NumPy
Miscellaneous
1 92 (18.15%) Fixed Income
2 74 (14.60%) Derivative
3 36 (7.10%) Greenfield Project
4 24 (4.73%) User Experience
5 23 (4.54%) Algorithms
5 23 (4.54%) Pricing Data
6 18 (3.55%) Foreign Exchange (FX)
6 18 (3.55%) Hedge funds
7 17 (3.35%) Public Cloud
8 14 (2.76%) Analytical Skills
9 13 (2.56%) Equities
10 12 (2.37%) Data Structures
10 12 (2.37%) Enterprise Software
11 11 (2.17%) Mobile App
12 9 (1.78%) Cloud Native
12 9 (1.78%) Equity Derivative
13 8 (1.58%) Linux Command Line
13 8 (1.58%) Reference Data
13 8 (1.58%) Video\Live Streaming
14 7 (1.38%) Embedded Systems
Operating Systems
1 57 (11.24%) Linux
2 18 (3.55%) Unix
3 17 (3.35%) Android
4 16 (3.16%) Windows
5 14 (2.76%) Embedded Linux
6 10 (1.97%) Red Hat Enterprise Linux
7 9 (1.78%) Ubuntu
8 8 (1.58%) Apple iOS
8 8 (1.58%) CentOS
9 7 (1.38%) Debian
10 3 (0.59%) SUSE Linux Enterprise Server
11 2 (0.39%) tvOS
11 2 (0.39%) Windows Server
11 2 (0.39%) Windows Server 2008
12 1 (0.20%) DC/OS
12 1 (0.20%) Mac OS
12 1 (0.20%) Windows 10
12 1 (0.20%) Windows Embedded Compact
Processes & Methodologies
1 492 (97.04%) Software Engineering
2 234 (46.15%) Agile Software Development
3 128 (25.25%) Microservices
4 126 (24.85%) Asset Management
5 107 (21.10%) DevOps
6 79 (15.58%) TDD
7 66 (13.02%) Mentoring
8 57 (11.24%) Continuous Integration
9 56 (11.05%) Investment Management
9 56 (11.05%) OO
10 55 (10.85%) Front End Development
11 51 (10.06%) Analytics
11 51 (10.06%) Portfolio Management
12 48 (9.47%) Test Automation
13 47 (9.27%) Fund Management
14 40 (7.89%) BDD
14 40 (7.89%) Computer Science
15 37 (7.30%) Scrum
16 34 (6.71%) Artificial Intelligence
17 33 (6.51%) Problem-Solving
Programming Languages
1 255 (50.30%) Java
2 208 (41.03%) Python
3 169 (33.33%) JavaScript
4 150 (29.59%) C#
5 123 (24.26%) C++
6 87 (17.16%) SQL
7 49 (9.66%) R
8 38 (7.50%) C
9 25 (4.93%) Go
10 22 (4.34%) Ruby
11 19 (3.75%) TypeScript
12 18 (3.55%) Scala
13 16 (3.16%) Java 8
14 15 (2.96%) Kotlin
15 13 (2.56%) PHP
16 10 (1.97%) Shell Script
17 9 (1.78%) Bash Shell
17 9 (1.78%) Perl
18 8 (1.58%) PowerShell
18 8 (1.58%) T-SQL
Qualifications
1 39 (7.69%) Degree
2 38 (7.50%) Security Cleared
3 27 (5.33%) DV Cleared
4 17 (3.35%) SC Cleared
5 7 (1.38%) Computer Science Degree
6 5 (0.99%) Numerate Degree
7 3 (0.59%) Master's Degree
8 2 (0.39%) PhD
9 1 (0.20%) BPSS Clearance
9 1 (0.20%) CCNA
9 1 (0.20%) CCNP
9 1 (0.20%) Cisco Certification
Quality Assurance & Compliance
1 13 (2.56%) QA
2 1 (0.20%) PCI DSS
2 1 (0.20%) PSD2
System Software
1 112 (22.09%) Docker
2 6 (1.18%) Apache ZooKeeper
3 5 (0.99%) HDFS
4 4 (0.79%) Active Directory
5 2 (0.39%) VirtualBox
5 2 (0.39%) VMware Infrastructure
6 1 (0.20%) Hyper-V
6 1 (0.20%) Virtual Machines
6 1 (0.20%) vSphere
Systems Management
1 65 (12.82%) Kubernetes
2 28 (5.52%) Terraform
3 15 (2.96%) Ansible
4 10 (1.97%) Grafana
5 4 (0.79%) Graphite
6 3 (0.59%) Prometheus
6 3 (0.59%) Single Sign-On
7 2 (0.39%) Docker Swarm
7 2 (0.39%) Kibana
7 2 (0.39%) Puppet
7 2 (0.39%) SELinux
8 1 (0.20%) Mesos
8 1 (0.20%) Packer
Vendors
1 64 (12.62%) Bloomberg
2 52 (10.26%) Oracle
3 46 (9.07%) Reuters
4 32 (6.31%) Google
5 27 (5.33%) Sybase
6 23 (4.54%) Microsoft
7 11 (2.17%) Apple
8 9 (1.78%) Splunk
9 5 (0.99%) Salesforce.com
9 5 (0.99%) Tableau
10 4 (0.79%) Dell
10 4 (0.79%) Red Hat
10 4 (0.79%) Trayport
11 3 (0.59%) Cypress Semiconductor
11 3 (0.59%) Facebook
12 2 (0.39%) Atlassian
12 2 (0.39%) Cloudera
12 2 (0.39%) hybris
12 2 (0.39%) Telerik
12 2 (0.39%) VMware