Software Engineer
UK
The median Software Engineer daily rate in the UK is £575 according to job vacancies posted during the 6 months to 26 November 2023.
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 26 Nov 2023 |
Same period 2022 | Same period 2021 | |
|---|---|---|---|
| Rank | 132 | 120 | 129 |
| Rank change year-on-year | -12 | +9 | -18 |
| Contract jobs requiring a Software Engineer | 859 | 1,754 | 1,910 |
| As % of all contract jobs advertised in the UK | 1.89% | 2.24% | 2.15% |
| As % of the Job Titles category | 2.02% | 2.36% | 2.25% |
| Number of daily rates quoted | 537 | 1,225 | 1,375 |
| 10th Percentile | £416 | £450 | £400 |
| 25th Percentile | £500 | £508 | £450 |
| Median daily rate (50th Percentile) | £575 | £590 | £550 |
| Median % change year-on-year | -2.54% | +7.27% | +4.76% |
| 75th Percentile | £700 | £688 | £650 |
| 90th Percentile | £775 | £750 | £700 |
| UK excluding London median daily rate | £525 | £540 | £475 |
| % change year-on-year | -2.78% | +13.68% | +5.56% |
| Number of hourly rates quoted | 177 | 140 | 114 |
| 10th Percentile | £48.32 | £42.50 | £40.35 |
| 25th Percentile | £53.75 | £52.79 | £44.77 |
| Median hourly rate | £65.00 | £65.00 | £48.58 |
| Median % change year-on-year | - | +33.80% | +8.56% |
| 75th Percentile | £69.00 | £67.50 | £55.00 |
| 90th Percentile | £90.00 | £70.75 | £60.00 |
| UK excluding London median hourly rate | £65.00 | £65.00 | £48.50 |
| % change year-on-year | - | +34.02% | +7.78% |
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 | 42,434 | 74,371 | 84,991 |
| % of contract IT jobs with a recognized job title | 93.54% | 95.14% | 95.56% |
| Number of daily rates quoted | 28,677 | 51,926 | 59,473 |
| 10th Percentile | £290 | £313 | £301 |
| 25th Percentile | £413 | £428 | £413 |
| Median daily rate (50th Percentile) | £525 | £550 | £508 |
| Median % change year-on-year | -4.55% | +8.27% | +6.95% |
| 75th Percentile | £649 | £650 | £613 |
| 90th Percentile | £738 | £750 | £700 |
| UK excluding London median daily rate | £500 | £500 | £450 |
| % change year-on-year | - | +11.11% | +5.88% |
| Number of hourly rates quoted | 1,517 | 1,749 | 2,199 |
| 10th Percentile | £15.21 | £13.23 | £12.00 |
| 25th Percentile | £19.12 | £16.75 | £14.00 |
| Median hourly rate | £44.50 | £30.00 | £20.45 |
| Median % change year-on-year | +48.33% | +46.70% | -9.11% |
| 75th Percentile | £65.00 | £62.75 | £46.16 |
| 90th Percentile | £77.50 | £72.30 | £63.00 |
| UK excluding London median hourly rate | £45.00 | £24.79 | £18.00 |
| % change year-on-year | +81.52% | +37.72% | -9.55% |
Software Engineer
Job Vacancy Trend
Job postings that featured Software Engineer in the job title as a proportion of all IT jobs advertised.
Software Engineer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Software Engineer.
Software Engineer
Daily Rate Histogram
Daily rate distribution for jobs citing Software Engineer over the 6 months to 26 November 2023.
Software Engineer
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Software Engineer.
Software Engineer
Hourly Rate Histogram
Hourly rate distribution of jobs citing Software Engineer over the 6 months to 26 November 2023.
Software Engineer
Top 16 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Software Engineer within the UK over the 6 months to 26 November 2023. 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 | -9 | 791 | £575 | -4.17% | 1,504 |
| UK excluding London | +12 | 485 | £525 | -2.78% | 1,132 |
| Work from Home | -18 | 310 | £600 | +9.09% | 887 |
| London | -32 | 310 | £650 | +4.00% | 611 |
| South West | +3 | 145 | £538 | -2.27% | 169 |
| East of England | +40 | 124 | £475 | -19.83% | 173 |
| South East | +20 | 86 | £530 | -3.64% | 308 |
| North of England | +51 | 77 | £550 | -4.35% | 212 |
| North West | +55 | 58 | £550 | -8.33% | 128 |
| Scotland | +7 | 24 | £484 | -5.66% | 106 |
| Midlands | -65 | 20 | £500 | -7.41% | 125 |
| Yorkshire | +39 | 18 | £550 | +10.00% | 60 |
| East Midlands | +20 | 10 | £420 | -20.00% | 50 |
| Wales | +16 | 10 | £525 | -12.50% | 27 |
| West Midlands | -55 | 10 | £525 | -2.78% | 76 |
| North East | +18 | 1 | £500 | -13.04% | 26 |
Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 26 November 2023, 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 Software Engineer in the job title.
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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:
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