Swaptions Contracts

Swaptions
UK

The table below looks at the prevalence of the term Swaptions in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Swaptions over the 6 months to 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank - 683 822
Rank change year-on-year - +139 -133
Contract jobs citing Swaptions 0 22 25
As % of all contract jobs advertised in the UK - 0.038% 0.029%
As % of the Miscellaneous category - 0.11% 0.087%
Number of daily rates quoted 0 11 21
10th Percentile - £675 -
25th Percentile - £731 £688
Median daily rate (50th Percentile) - £850 £725
Median % change year-on-year - +17.24% +2.84%
75th Percentile - £875 £788
90th Percentile - - £875
UK excluding London median daily rate - - -

All Generic Skills
UK

Swaptions is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,067 19,290 28,879
As % of all contract IT jobs advertised in the UK 30.35% 33.26% 33.10%
Number of daily rates quoted 8,406 13,245 20,158
10th Percentile £270 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £678 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 898 636 708
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £31.13 £22.49 £27.50
Median % change year-on-year +38.43% -18.24% +4.05%
75th Percentile £61.30 £64.50 £50.00
90th Percentile £70.00 £75.25 £66.00
UK excluding London median hourly rate £28.50 £22.00 £21.00
% change year-on-year +29.55% +4.76% -12.50%

Swaptions
Job Vacancy Trend

Job postings citing Swaptions as a proportion of all IT jobs advertised.

Job vacancy trend for Swaptions in the UK

Swaptions
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Swaptions.

Daily rate trend for Swaptions in the UK