The median contractor rate for a Software Engineer was £550 per day in advertised job vacancies in London during the 6 months to 18 April 2021.
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.
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
20,345
22,016
40,047
% of contract IT jobs with a recognized job title
92.52%
93.37%
94.57%
Number of daily rates quoted
14,708
15,982
29,104
10th Percentile
£325
£300
£313
25th Percentile
£413
£413
£413
Median daily rate (50th Percentile)
£520
£500
£500
Median % change year-on-year
+4.00%
-
-
75th Percentile
£619
£600
£600
90th Percentile
£700
£688
£675
England median daily rate
£475
£475
£475
Number of hourly rates quoted
208
300
473
10th Percentile
£16.77
£12.98
£12.25
25th Percentile
£21.25
£16.75
£15.00
Median hourly rate
£31.18
£24.00
£20.75
Median % change year-on-year
+29.90%
+15.66%
+3.59%
75th Percentile
£51.13
£47.04
£34.51
90th Percentile
£65.98
£61.25
£48.47
England median hourly rate
£22.00
£18.70
£18.00
% change year-on-year
+17.65%
+3.89%
+2.04%
Software Engineer Job Vacancy Trend in London
Job postings that featured Software Engineer in the job title as a proportion of all IT jobs advertised in London.
Software Engineer Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing Software Engineer in London.
Software Engineer Daily Rate Histogram in London
Daily rate distribution for jobs citing Software Engineer in London over the 6 months to 18 April 2021.
Software Engineer Contractor Hourly Rate Trend in London
3-month moving average hourly rates quoted in jobs citing Software Engineer in London.
Software Engineer Hourly Rate Histogram in London
Hourly rate distribution of jobs citing Software Engineer in London over the 6 months to 18 April 2021.
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 18 April 2021. 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
Software Engineer Skill Set Top 30 Co-occurring IT Skills in London
For the 6 months to 18 April 2021, 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.
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:
