Chip and PIN Contracts

Chip and PIN
UK

The table below looks at the prevalence of the term Chip and PIN in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Chip and PIN over the 6 months to 20 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
20 Apr 2024
Same period 2023 Same period 2022
Rank - 715 839
Rank change year-on-year - +124 -165
Contract jobs citing Chip and PIN 0 1 2
As % of all contract jobs advertised in the UK - 0.002% 0.002%
As % of the Miscellaneous category - 0.005% 0.007%
Number of daily rates quoted 0 1 0
Median daily rate (50th Percentile) - £200 -
UK excluding London median daily rate - £200 -

All Generic Skills
UK

Chip and PIN is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,214 20,134 29,599
As % of all contract IT jobs advertised in the UK 30.43% 33.29% 32.95%
Number of daily rates quoted 8,469 13,822 20,660
10th Percentile £263 £306 £313
25th Percentile £413 £450 £428
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £650 £681 £650
90th Percentile £788 £800 £750
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 897 666 733
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.16 £10.88 £17.00
Median hourly rate £28.00 £22.50 £27.00
Median % change year-on-year +24.44% -16.67% +3.85%
75th Percentile £58.70 £65.00 £49.75
90th Percentile £68.00 £75.00 £66.00
UK excluding London median hourly rate £26.00 £22.08 £20.00
% change year-on-year +17.75% +10.40% -16.67%

Chip and PIN
Job Vacancy Trend

Job postings citing Chip and PIN as a proportion of all IT jobs advertised.

Job vacancy trend for Chip and PIN in the UK

Chip and PIN
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Chip and PIN.

Daily rate trend for Chip and PIN in the UK

Chip and PIN
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Chip and PIN.

Hourly rate trend for Chip and PIN in the UK