Developer/Software Engineer Contracts

Software Engineer/Developer
UK

The median Software Engineer/Developer daily rate in the UK is £725 according to job vacancies posted during the 6 months to 3 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
3 May 2024
Same period 2023 Same period 2022
Rank 451 575 486
Rank change year-on-year +124 -89 +19
Contract jobs requiring a Developer/Software Engineer 142 128 420
As % of all contract jobs advertised in the UK 0.33% 0.22% 0.47%
As % of the Job Titles category 0.35% 0.23% 0.50%
Number of daily rates quoted 139 107 377
10th Percentile £538 £438 £458
25th Percentile £650 £475 £538
Median daily rate (50th Percentile) £725 £600 £600
Median % change year-on-year +20.83% - -
75th Percentile £800 £750 £700
90th Percentile £888 £788 £738
UK excluding London median daily rate £600 £550 £600
% change year-on-year +9.09% -8.33% +14.29%
Number of hourly rates quoted 2 0 0
Median hourly rate £80.00 - -
UK excluding London median hourly rate £80.00 - -

All Contract IT Job Vacancies
UK

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.

Contract vacancies in the UK with a recognized job title 40,241 56,070 84,738
% of contract IT jobs with a recognized job title 92.76% 94.64% 95.46%
Number of daily rates quoted 26,194 39,189 59,507
10th Percentile £277 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,676 1,567 2,091
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £19.16 £15.52
Median hourly rate £36.50 £45.00 £23.50
Median % change year-on-year -18.89% +91.49% +4.44%
75th Percentile £61.26 £65.75 £48.76
90th Percentile £72.50 £76.00 £63.25
UK excluding London median hourly rate £39.55 £42.37 £19.52
% change year-on-year -6.64% +117.03% +2.74%

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 3 May 2024.

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 8 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 3 May 2024. 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
Jobs
England +144 142 £725 +20.83% 12
London +127 133 £725 +16.00% 7
Work from Home +81 55 £750 +20.00% 12
UK excluding London +37 9 £600 +9.09% 5
East of England +19 7 £600 +20.00% 1
North of England +25 1 £350 - 1
South East +13 1 £675 +22.73%
Yorkshire - 1 £350 -

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

For the 6 months to 3 May 2024, Developer/Software Engineer contract job roles required the following skills and capabilities 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.

1 140 (98.59%) Software Engineering
2 131 (92.25%) AWS
3 130 (91.55%) GCP
4 129 (90.85%) Finance
5 127 (89.44%) Front Office
5 127 (89.44%) Asset Management
5 127 (89.44%) TypeScript
6 124 (87.32%) Agile
6 124 (87.32%) Fixed Income
7 111 (78.17%) Investment Management
8 104 (73.24%) React
9 103 (72.54%) Python
10 96 (67.61%) Hedge funds
11 93 (65.49%) Protocol Buffers
11 93 (65.49%) gRPC
11 93 (65.49%) Apache Airflow
11 93 (65.49%) Redux
12 89 (62.68%) Full Stack Development
13 87 (61.27%) Apache Ignite
13 87 (61.27%) Apache
14 85 (59.86%) Azure
15 80 (56.34%) JavaScript
16 77 (54.23%) Banking
17 73 (51.41%) Equities
18 64 (45.07%) Material-UI
19 53 (37.32%) Foreign Exchange (FX)
19 53 (37.32%) Derivative
20 52 (36.62%) Google
21 50 (35.21%) PostgreSQL
22 49 (34.51%) Artificial Intelligence

Developer/Software Engineer Skill Set
Co-occurring Skills and Capabilities by Category

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

Application Platforms
1 93 (65.49%) Apache Airflow
2 87 (61.27%) Apache
Cloud Services
1 131 (92.25%) AWS
2 130 (91.55%) GCP
3 85 (59.86%) Azure
4 33 (23.24%) dbt
5 18 (12.68%) Snowflake
6 4 (2.82%) GitHub
7 2 (1.41%) Amazon EC2
7 2 (1.41%) Amazon S3
7 2 (1.41%) AWS Lambda
7 2 (1.41%) Serverless
8 1 (0.70%) Azure DevOps
Communications & Networking
1 2 (1.41%) Firewall
1 2 (1.41%) VPN
Database & Business Intelligence
1 87 (61.27%) Apache Ignite
2 50 (35.21%) PostgreSQL
3 33 (23.24%) Amazon Athena
3 33 (23.24%) Apache Arrow
3 33 (23.24%) Dremio
4 18 (12.68%) Data Lake
5 1 (0.70%) Flink
Development Applications
1 33 (23.24%) Cypress.io
2 4 (2.82%) Git
3 3 (2.11%) Jenkins
4 2 (1.41%) Cucumber
4 2 (1.41%) REST Assured
4 2 (1.41%) Selenium
General
1 129 (90.85%) Finance
2 127 (89.44%) Front Office
3 77 (54.23%) Banking
4 28 (19.72%) Investment Banking
5 5 (3.52%) Manufacturing
6 1 (0.70%) Analytical Skills
6 1 (0.70%) Social Skills
Libraries, Frameworks & Software Standards
1 104 (73.24%) React
2 93 (65.49%) gRPC
2 93 (65.49%) Protocol Buffers
2 93 (65.49%) Redux
3 64 (45.07%) Material-UI
4 39 (27.46%) Pandas
5 33 (23.24%) NumPy
5 33 (23.24%) SciPy
6 28 (19.72%) .NET
7 22 (15.49%) Vue
8 21 (14.79%) AngularJS
9 20 (14.08%) Node.js
10 17 (11.97%) .NET Core
11 10 (7.04%) ASP.NET
11 10 (7.04%) ASP.NET Core
12 9 (6.34%) GraphQL
13 2 (1.41%) .NET Framework
13 2 (1.41%) CSS
13 2 (1.41%) HTML
14 1 (0.70%) Kafka
Miscellaneous
1 124 (87.32%) Fixed Income
2 96 (67.61%) Hedge funds
3 73 (51.41%) Equities
4 53 (37.32%) Derivative
4 53 (37.32%) Foreign Exchange (FX)
Processes & Methodologies
1 140 (98.59%) Software Engineering
2 127 (89.44%) Asset Management
3 124 (87.32%) Agile
4 111 (78.17%) Investment Management
5 89 (62.68%) Full Stack Development
6 49 (34.51%) Artificial Intelligence
6 49 (34.51%) Automated Trading
6 49 (34.51%) Machine Learning
7 44 (30.99%) Fintech
8 28 (19.72%) DevOps
8 28 (19.72%) TDD
9 26 (18.31%) Analytics
10 19 (13.38%) Performance Attribution
11 18 (12.68%) Line Management
12 9 (6.34%) Risk Analytics
13 8 (5.63%) Front End Development
14 7 (4.93%) Data Architecture
15 5 (3.52%) Credit Risk Analysis
15 5 (3.52%) Test Automation
15 5 (3.52%) User Experience
Programming Languages
1 127 (89.44%) TypeScript
2 103 (72.54%) Python
3 80 (56.34%) JavaScript
4 39 (27.46%) Java
5 29 (20.42%) C#
6 18 (12.68%) SQL
7 9 (6.34%) Kotlin
8 5 (3.52%) Ruby
8 5 (3.52%) Scala
9 3 (2.11%) Bash
10 1 (0.70%) PowerShell
Qualifications
1 3 (2.11%) Security Cleared
2 2 (1.41%) DV Cleared
3 1 (0.70%) Degree
3 1 (0.70%) SC Cleared
Quality Assurance & Compliance
1 26 (18.31%) QA
System Software
1 3 (2.11%) zsh
2 1 (0.70%) Active Directory
2 1 (0.70%) Docker
Systems Management
1 1 (0.70%) Kubernetes
1 1 (0.70%) Terraform
Vendors
1 52 (36.62%) Google
2 2 (1.41%) Microsoft
3 1 (0.70%) Oracle