Ultra-Low Latency
UK
The following table provides summary statistics for contract job vacancies with a requirement for Ultra-Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Ultra-Low Latency over the 6 months to 23 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 23 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 581 | 695 | 843 |
| Rank change year-on-year | +114 | +148 | -166 |
| Contract jobs citing Ultra-Low Latency | 10 | 12 | 19 |
| As % of all contract jobs advertised in the UK | 0.023% | 0.020% | 0.021% |
| As % of the Processes & Methodologies category | 0.027% | 0.022% | 0.023% |
| Number of daily rates quoted | 9 | 11 | 17 |
| 10th Percentile | £746 | £675 | £517 |
| 25th Percentile | £780 | £700 | £663 |
| Median daily rate (50th Percentile) | £850 | £800 | £825 |
| Median % change year-on-year | +6.25% | -3.03% | +13.79% |
| 75th Percentile | £875 | £944 | £875 |
| 90th Percentile | - | £950 | £935 |
| UK excluding London median daily rate | £780 | - | £455 |
| Number of hourly rates quoted | 0 | 0 | 1 |
| Median hourly rate | - | - | £49.54 |
| UK excluding London median hourly rate | - | - | £49.54 |
All Process and Methodology Skills
UK
Ultra-Low Latency is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 37,683 | 54,210 | 80,866 |
| As % of all contract IT jobs advertised in the UK | 86.32% | 89.89% | 90.59% |
| Number of daily rates quoted | 24,351 | 37,527 | 56,743 |
| 10th Percentile | £300 | £325 | £340 |
| 25th Percentile | £413 | £438 | £425 |
| Median daily rate (50th Percentile) | £525 | £550 | £525 |
| Median % change year-on-year | -4.55% | +4.76% | +8.36% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £475 |
| % change year-on-year | - | +5.26% | +9.83% |
| Number of hourly rates quoted | 2,427 | 1,790 | 1,945 |
| 10th Percentile | £12.75 | £11.00 | £12.50 |
| 25th Percentile | £16.00 | £16.64 | £15.25 |
| Median hourly rate | £35.00 | £37.50 | £25.00 |
| Median % change year-on-year | -6.67% | +50.00% | - |
| 75th Percentile | £58.75 | £65.00 | £49.25 |
| 90th Percentile | £72.07 | £75.00 | £63.75 |
| UK excluding London median hourly rate | £35.50 | £37.30 | £20.00 |
| % change year-on-year | -4.83% | +86.50% | -8.17% |
Ultra-Low Latency
Job Vacancy Trend
Job postings citing Ultra-Low Latency as a proportion of all IT jobs advertised.
Ultra-Low Latency
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Ultra-Low Latency.
Ultra-Low Latency
Daily Rate Histogram
Daily rate distribution for jobs citing Ultra-Low Latency over the 6 months to 23 April 2024.
Ultra-Low Latency
Top 4 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Ultra-Low Latency within the UK over the 6 months to 23 April 2024. 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 | +108 | 5 | £850 | +6.25% | 12 |
| London | +95 | 5 | £850 | +7.94% | 11 |
| Scotland | - | 5 | £780 | - | |
| UK excluding London | - | 5 | £780 | - | 1 |
Ultra-Low Latency
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: