Period
to 16 August 2017

The following table provides summary statistics for contract job vacancies with a requirement for Formula Language skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Formula Language over the 6 months to 16 August 2017 with a comparison to the 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.

Lotus Formula Language
UK
6 months to
16 Aug 2017
Same period 2016 Same period 2015
Rank - 892 -
Contract jobs citing Formula Language 0 1 0
As % of all contract IT jobs advertised in the UK - 0.001% -
As % of the Programming Languages category - 0.002% -
Number of daily rates quoted 0 0 0
UK median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Formula Language is in the programming language skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for programming language skills.

Contract Programming Language Skills
UK
Contract job vacancies with a requirement for programming language skills 40168 42672 42409
As % of all contract IT job vacancies advertised in the UK 42.00% 39.15% 37.64%
Number of daily rates quoted 27611 29322 28122
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% +6.67%
10th Percentile £300 £275 £263
90th Percentile £625 £588 £588
UK excluding London median daily rate £400 £375 £350
% change year-on-year +6.67% +7.14% +2.94%
Number of hourly rates quoted 778 904 896
UK median hourly rate £40.00 £37.50 £35.00
Median hourly rate % change year-on-year +6.67% +7.14% +4.48%
10th Percentile £16.12 £13.35 £15.63
90th Percentile £53.75 £51.18 £50.00
UK excluding London median hourly rate £40.50 £37.50 £36.00
% change year-on-year +8.00% +4.17% +5.88%

Formula Language
Job Vacancy Trend

Job postings citing Formula Language as a percentage of all IT jobs advertised.

Job vacancy trend for Formula Language in the UK

Formula Language
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Formula Language.

Contractor daily rate trend for Formula Language in the UK

Formula Language
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Formula Language.

Contractor hourly rate trend for Formula Language in the UK