Lotus Formula Language
UK
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 10 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 10 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 700 | 836 |
| Rank change year-on-year | - | +136 | -145 |
| Contract jobs citing Formula Language | 0 | 3 | 3 |
| As % of all contract jobs advertised in the UK | - | 0.005% | 0.003% |
| As % of the Programming Languages category | - | 0.015% | 0.009% |
| Number of daily rates quoted | 0 | 3 | 3 |
| 10th Percentile | - | £485 | £355 |
| 25th Percentile | - | £500 | £419 |
| Median daily rate (50th Percentile) | - | £550 | £550 |
| Median % change year-on-year | - | - | +30.95% |
| 75th Percentile | - | £600 | £575 |
| 90th Percentile | - | £615 | - |
| UK excluding London median daily rate | - | - | £325 |
All Programming Languages
UK
Formula Language is in the Programming Languages category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for coding skills.
| Contract vacancies with a requirement for coding skills | 12,732 | 20,185 | 31,682 |
| As % of all contract IT jobs advertised in the UK | 29.61% | 34.87% | 36.29% |
| Number of daily rates quoted | 9,059 | 14,540 | 23,074 |
| 10th Percentile | £350 | £394 | £385 |
| 25th Percentile | £425 | £463 | £455 |
| Median daily rate (50th Percentile) | £530 | £550 | £550 |
| Median % change year-on-year | -3.64% | - | +10.00% |
| 75th Percentile | £650 | £675 | £653 |
| 90th Percentile | £763 | £783 | £750 |
| UK excluding London median daily rate | £488 | £500 | £488 |
| % change year-on-year | -2.35% | +2.46% | +14.82% |
| Number of hourly rates quoted | 488 | 464 | 511 |
| 10th Percentile | £32.25 | £26.16 | £19.52 |
| 25th Percentile | £46.36 | £50.00 | £35.00 |
| Median hourly rate | £62.43 | £61.84 | £50.50 |
| Median % change year-on-year | +0.95% | +22.45% | +16.09% |
| 75th Percentile | £70.00 | £70.00 | £60.00 |
| 90th Percentile | £78.88 | £78.00 | £75.00 |
| UK excluding London median hourly rate | £62.50 | £62.50 | £50.00 |
| % change year-on-year | - | +25.00% | +19.05% |
Formula Language
Job Vacancy Trend
Job postings citing Formula Language as a proportion of all IT jobs advertised.
Formula Language
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Formula Language.
Formula Language
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Formula Language.