Time-Weighted Average Price (TWAP)
UK
The table below looks at the prevalence of the term TWAP in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited TWAP over the 6 months leading up to 23 August 2025, comparing them to the same period in the previous two years.
| 6 months to 23 Aug 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | 549 | 558 | - |
| Rank change year-on-year | +9 | - | - |
| DemandTrendContract jobs citing TWAP | 4 | 6 | 0 |
| As % of all contract jobs advertised in the UK | 0.012% | 0.015% | - |
| As % of the Miscellaneous category | 0.034% | 0.051% | - |
| Number of daily rates quoted | 3 | 6 | 0 |
| 10th Percentile | £828 | £750 | - |
| 25th Percentile | £831 | £788 | - |
| Median daily rate (50th Percentile) | £875 | £825 | - |
| Median % change year-on-year | +6.06% | - | - |
| 75th Percentile | £913 | £900 | - |
| 90th Percentile | - | £956 | - |
| UK excluding London median daily rate | - | - | - |
All Generic Skills
UK
TWAP falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills.
| DemandTrendContract vacancies with a requirement for generic IT skills | 11,640 | 11,752 | 16,644 |
| As % of all contract IT jobs advertised in the UK | 35.24% | 30.31% | 32.41% |
| Number of daily rates quoted | 7,133 | 7,474 | 11,499 |
| 10th Percentile | £300 | £300 | £300 |
| 25th Percentile | £406 | £425 | £431 |
| Median daily rate (50th Percentile) | £520 | £550 | £550 |
| Median % change year-on-year | -5.45% | - | - |
| 75th Percentile | £638 | £675 | £675 |
| 90th Percentile | £763 | £825 | £788 |
| UK excluding London median daily rate | £475 | £500 | £500 |
| % change year-on-year | -5.00% | - | - |
| Number of hourly rates quoted | 581 | 573 | 416 |
| 10th Percentile | £15.00 | £12.30 | £16.62 |
| 25th Percentile | £18.87 | £18.35 | £21.00 |
| Median hourly rate | £29.50 | £45.00 | £41.85 |
| Median % change year-on-year | -34.44% | +7.54% | +57.91% |
| 75th Percentile | £57.50 | £68.75 | £66.00 |
| 90th Percentile | £75.00 | £75.00 | £78.00 |
| UK excluding London median hourly rate | £30.00 | £48.00 | £45.00 |
| % change year-on-year | -37.50% | +6.67% | +109.30% |
TWAP
Job Vacancy Trend
Job postings citing TWAP as a proportion of all IT jobs advertised.
TWAP
Daily Rate Trend
Contractor daily rate distribution trend for jobs in the UK citing TWAP.
TWAP
Top 2 DemandTrendContract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing TWAP within the UK over the 6 months to 23 August 2025. 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 DemandTrendContract IT Job Ads |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| London | +11 | 4 | £875 | +6.06% | 2 |
| England | +9 | 4 | £875 | +6.06% | 2 |
TWAP
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: