Monzo
UK
The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Monzo products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Monzo over the 6 months to 21 May 2024 with a comparison to the same period in the previous 2 years.
The figures below represent the IT contractor job market in general and are not representative of contractor rates within Monzo Bank Ltd.
| 6 months to 21 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 695 | 860 |
| Rank change year-on-year | - | +165 | - |
| Contract jobs citing Monzo | 0 | 1 | 3 |
| As % of all contract jobs advertised in the UK | - | 0.002% | 0.003% |
| As % of the Vendors category | - | 0.004% | 0.008% |
| Number of daily rates quoted | 0 | 0 | 3 |
| 10th Percentile | - | - | £466 |
| 25th Percentile | - | - | £472 |
| Median daily rate (50th Percentile) | - | - | £488 |
| 75th Percentile | - | - | £591 |
| 90th Percentile | - | - | £649 |
| UK excluding London median daily rate | - | - | £481 |
All Vendors
UK
Monzo is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services.
| Contract vacancies with a requirement for knowledge or experience of vendor products and services | 18,036 | 24,412 | 35,424 |
| As % of all contract IT jobs advertised in the UK | 42.47% | 43.04% | 40.12% |
| Number of daily rates quoted | 11,250 | 16,332 | 23,581 |
| 10th Percentile | £263 | £270 | £300 |
| 25th Percentile | £405 | £413 | £413 |
| Median daily rate (50th Percentile) | £513 | £525 | £525 |
| Median % change year-on-year | -2.38% | - | +10.53% |
| 75th Percentile | £625 | £644 | £638 |
| 90th Percentile | £738 | £740 | £725 |
| UK excluding London median daily rate | £500 | £500 | £468 |
| % change year-on-year | - | +6.84% | +7.59% |
| Number of hourly rates quoted | 1,113 | 663 | 893 |
| 10th Percentile | £12.04 | £15.04 | £12.21 |
| 25th Percentile | £14.48 | £18.73 | £15.25 |
| Median hourly rate | £21.50 | £40.59 | £21.50 |
| Median % change year-on-year | -47.03% | +88.79% | - |
| 75th Percentile | £56.49 | £65.00 | £47.50 |
| 90th Percentile | £70.00 | £75.00 | £64.90 |
| UK excluding London median hourly rate | £21.46 | £37.50 | £19.00 |
| % change year-on-year | -42.77% | +97.37% | +2.43% |
Monzo
Job Vacancy Trend
Job postings citing Monzo as a proportion of all IT jobs advertised.
Monzo
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Monzo.