Period
to 4 July 2020

The median contractor rate for a Developer/Software Engineer was £575 per day in advertised job vacancies during the 6 months to 4 July 2020.

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/Developer
UK
6 months to
4 Jul 2020
Same period 2019 Same period 2018
Rank 428 712 695
Rank change year-on-year +284 -17 +36
Contract jobs requiring a Developer/Software Engineer 155 143 221
As % of all contract jobs advertised in the UK 0.38% 0.15% 0.21%
As % of the Job Titles category 0.40% 0.16% 0.22%
Number of daily rates quoted 145 88 180
Median daily rate £575 £525 £450
Median daily rate % change year-on-year +9.52% +16.67% -
10th Percentile £488 £389 £371
90th Percentile £763 £630 £625
UK excluding London median daily rate £456 £450 £450
% change year-on-year +1.39% - -
Number of hourly rates quoted 2 0 11
Median hourly rate £50.00 - £41.00
10th Percentile £47.50 - £8.00
90th Percentile £52.50 - £48.00
UK excluding London median hourly rate £50.00 - £24.50

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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
UK
Contract vacancies in the UK with a recognized job title 38,625 88,306 98,287
% of contract IT jobs with a recognized job title 93.53% 94.56% 94.82%
Number of daily rates quoted 24,192 58,138 64,308
Median daily rate £475 £470 £450
Median daily rate % change year-on-year +1.06% +4.44% +5.88%
10th Percentile £256 £268 £269
90th Percentile £658 £650 £638
UK excluding London median daily rate £430 £425 £413
% change year-on-year +1.18% +3.03% +3.13%
Number of hourly rates quoted 1,581 2,909 3,178
Median hourly rate £22.82 £19.50 £18.00
Median hourly rate % change year-on-year +17.03% +8.33% -3.74%
10th Percentile £12.02 £11.17 £11.00
90th Percentile £52.50 £51.75 £47.88
Median hourly rate £20.00 £18.16 £17.50
% change year-on-year +10.13% +3.77% -1.52%

Developer/Software Engineer
Job Vacancy Trend

Job postings that featured Developer/Software Engineer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Developer/Software Engineer.

Daily rate trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Daily Rate Histogram

Daily rate distribution for jobs citing Developer/Software Engineer over the 6 months to 4 July 2020.

Daily rate histogram for Developer/Software Engineer in the UK

Developer/Software Engineer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Developer/Software Engineer.

Hourly rate trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Developer/Software Engineer within the UK over the 6 months to 4 July 2020. 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
England +294 154 £575 +9.52% 33
London +243 139 £575 +4.55% 19
UK excluding London +181 16 £456 +1.39% 14
South East +139 7 £438 -5.41% 4
East of England +64 4 £488 +9.55% 2
North of England +104 2 £525 +26.51% 5
South West +69 2 - - 3
North West +64 2 £525 +21.39% 1
Work from Home -1 2 - - 7
Wales - 1 - -

Developer/Software Engineer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 4 July 2020, Developer/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 featuring Developer/Software Engineer in the job title.

1 151 (97.42%) Software Engineering
2 137 (88.39%) AWS
3 135 (87.10%) Finance
3 135 (87.10%) Web Services
4 127 (81.94%) Asset Management
5 114 (73.55%) Agile Software Development
6 99 (63.87%) Java
7 96 (61.94%) Python
8 90 (58.06%) JavaScript
9 89 (57.42%) Hedge funds
10 80 (51.61%) React
11 77 (49.68%) Front Office
12 76 (49.03%) Investment Management
13 72 (46.45%) Fixed Income
14 71 (45.81%) AngularJS
15 69 (44.52%) Microservices
16 61 (39.35%) Banking
17 60 (38.71%) Derivative
17 60 (38.71%) SQL
17 60 (38.71%) Vue.js
18 48 (30.97%) Equities
18 48 (30.97%) Foreign Exchange (FX)
18 48 (30.97%) gRPC
19 44 (28.39%) Azure
20 41 (26.45%) PostgreSQL
21 40 (25.81%) Fintech
22 39 (25.16%) AWS Lambda
22 39 (25.16%) Serverless
22 39 (25.16%) GCP
22 39 (25.16%) Google

Developer/Software Engineer Skill Set
Co-occurring IT Skills 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 18 (11.61%) Apache
2 1 (0.65%) Confluence
2 1 (0.65%) Jupyter
2 1 (0.65%) Tomcat
Cloud Services
1 137 (88.39%) AWS
2 44 (28.39%) Azure
3 39 (25.16%) AWS Lambda
3 39 (25.16%) GCP
3 39 (25.16%) Serverless
4 20 (12.90%) Amazon EC2
5 17 (10.97%) Amazon ECS
5 17 (10.97%) Apigee
6 8 (5.16%) Amazon S3
7 7 (4.52%) OpenShift
8 2 (1.29%) AWS Step Functions
8 2 (1.29%) BlazeMeter
9 1 (0.65%) Slack
Communications & Networking
1 1 (0.65%) HTTP
Database & Business Intelligence
1 41 (26.45%) PostgreSQL
2 35 (22.58%) Amazon RDS
3 32 (20.65%) SQL Server
4 31 (20.00%) RDBMS
4 31 (20.00%) Relational Database
5 30 (19.35%) MySQL
6 26 (16.77%) Amazon Aurora
7 17 (10.97%) Amazon Redshift
8 9 (5.81%) Amazon DynamoDB
9 5 (3.23%) Microsoft Analysis Services
9 5 (3.23%) MongoDB
9 5 (3.23%) Redis
9 5 (3.23%) SQL Server Analysis Services
10 1 (0.65%) GIS
10 1 (0.65%) Hadoop
10 1 (0.65%) NoSQL
10 1 (0.65%) Spatial Data
10 1 (0.65%) SQL Server 2016
10 1 (0.65%) SQL Server Integration Services
10 1 (0.65%) SQL Server Reporting Services
Development Applications
1 19 (12.26%) RStudio
2 18 (11.61%) Jenkins
3 17 (10.97%) Artifactory
3 17 (10.97%) GitLab
4 9 (5.81%) Mocha
5 7 (4.52%) Cucumber
5 7 (4.52%) JUnit
6 3 (1.94%) Selenium
7 2 (1.29%) CMake
7 2 (1.29%) Git (software)
7 2 (1.29%) JIRA
8 1 (0.65%) Clang
8 1 (0.65%) MSBuild
8 1 (0.65%) Octopus Deploy
8 1 (0.65%) Polyspace
8 1 (0.65%) TeamCity
8 1 (0.65%) VectorCAST
General
1 135 (87.10%) Finance
2 77 (49.68%) Front Office
3 61 (39.35%) Banking
4 34 (21.94%) Investment Banking
5 2 (1.29%) Legal
6 1 (0.65%) Aerospace
6 1 (0.65%) Avionics
6 1 (0.65%) Retail Banking
Libraries, Frameworks & Software Standards
1 135 (87.10%) Web Services
2 80 (51.61%) React
3 71 (45.81%) AngularJS
4 60 (38.71%) Vue.js
5 48 (30.97%) gRPC
6 27 (17.42%) .NET
6 27 (17.42%) ASP.NET
7 26 (16.77%) .NET Core
8 23 (14.84%) Protocol Buffers
9 17 (10.97%) OAuth
9 17 (10.97%) Swagger
10 15 (9.68%) ASP.NET Core
11 12 (7.74%) D3.js
12 8 (5.16%) Dropwizard
12 8 (5.16%) J2EE
12 8 (5.16%) J2SE
12 8 (5.16%) Spring
13 7 (4.52%) Jest
14 5 (3.23%) Node.js
15 4 (2.58%) Django
Miscellaneous
1 89 (57.42%) Hedge funds
2 72 (46.45%) Fixed Income
3 60 (38.71%) Derivative
4 48 (30.97%) Equities
4 48 (30.97%) Foreign Exchange (FX)
5 32 (20.65%) Greenfield Project
6 21 (13.55%) Analytical Skills
7 18 (11.61%) Reference Data
8 8 (5.16%) Pricing Data
9 2 (1.29%) CUDA
9 2 (1.29%) Enterprise Software
Operating Systems
1 2 (1.29%) Windows
2 1 (0.65%) Linux
Processes & Methodologies
1 151 (97.42%) Software Engineering
2 127 (81.94%) Asset Management
3 114 (73.55%) Agile Software Development
4 76 (49.03%) Investment Management
5 69 (44.52%) Microservices
6 40 (25.81%) Fintech
7 38 (24.52%) DevOps
7 38 (24.52%) Front End Development
8 19 (12.26%) Business Analysis
8 19 (12.26%) Decision-Making
8 19 (12.26%) Portfolio Management
9 16 (10.32%) Migration
10 12 (7.74%) Analytics
10 12 (7.74%) Artificial Intelligence
10 12 (7.74%) Machine Learning
10 12 (7.74%) Stress Testing
10 12 (7.74%) Visualisation
11 9 (5.81%) Data Management
11 9 (5.81%) Scrum
12 8 (5.16%) Test Automation
Programming Languages
1 99 (63.87%) Java
2 96 (61.94%) Python
3 90 (58.06%) JavaScript
4 60 (38.71%) SQL
5 28 (18.06%) C#
6 24 (15.48%) R
7 8 (5.16%) Kotlin
8 6 (3.87%) C++
9 5 (3.23%) F#
10 3 (1.94%) C
11 2 (1.29%) Clojure
11 2 (1.29%) PHP
12 1 (0.65%) Ada
12 1 (0.65%) Assembly Language
12 1 (0.65%) Haskell
12 1 (0.65%) Objective-C
12 1 (0.65%) Scala
Qualifications
1 4 (2.58%) Security Cleared
2 3 (1.94%) SC Cleared
3 2 (1.29%) Degree
4 1 (0.65%) Computer Science Degree
4 1 (0.65%) Master's Degree
Quality Assurance & Compliance
1 18 (11.61%) Data Quality
2 9 (5.81%) QA
3 1 (0.65%) JTAG
System Software
1 30 (19.35%) Docker
Systems Management
1 25 (16.13%) Kubernetes
2 3 (1.94%) Terraform
Vendors
1 39 (25.16%) Google
2 25 (16.13%) Oracle
3 8 (5.16%) Sybase
4 2 (1.29%) Tableau
5 1 (0.65%) Atlassian
5 1 (0.65%) Cloudera
5 1 (0.65%) ESRI
5 1 (0.65%) IBM
5 1 (0.65%) Informatica
5 1 (0.65%) Microsoft