Web3 Contracts

Web3
UK

The table below looks at the prevalence of the term Web3 in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Web3 over the 6 months to 2 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 560 668 800
Rank change year-on-year +108 +132 -73
Contract jobs citing Web3 19 16 41
As % of all contract jobs advertised in the UK 0.044% 0.028% 0.047%
As % of the Miscellaneous category 0.15% 0.085% 0.14%
Number of daily rates quoted 11 14 31
10th Percentile £413 £404 £413
25th Percentile £444 £478 £531
Median daily rate (50th Percentile) £500 £675 £600
Median % change year-on-year -25.93% +12.50% -7.69%
75th Percentile £738 £719 £863
90th Percentile - £790 £900
UK excluding London median daily rate £450 - £825

All Generic Skills
UK

Web3 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 12,955 18,790 29,113
As % of all contract IT jobs advertised in the UK 30.06% 33.33% 33.16%
Number of daily rates quoted 8,316 12,953 20,440
10th Percentile £270 £313 £315
25th Percentile £413 £450 £440
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £663 £678 £663
90th Percentile £800 £800 £775
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +11.43%
Number of hourly rates quoted 923 610 691
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.20 £10.63 £17.34
Median hourly rate £35.00 £22.00 £26.98
Median % change year-on-year +59.09% -18.46% +5.80%
75th Percentile £61.30 £60.00 £50.00
90th Percentile £71.25 £75.00 £65.75
UK excluding London median hourly rate £35.00 £21.88 £21.30
% change year-on-year +60.00% +2.70% -7.39%

Web3
Job Vacancy Trend

Job postings citing Web3 as a proportion of all IT jobs advertised.

Job vacancy trend for Web3 in the UK

Web3
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Web3.

Daily rate trend for Web3 in the UK

Web3
Daily Rate Histogram

Daily rate distribution for jobs citing Web3 over the 6 months to 2 June 2024.

Daily rate histogram for Web3 in the UK

Web3
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Web3 within the UK over the 6 months to 2 June 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 +97 16 £500 -25.93% 40
London +97 12 £613 -9.26% 36
Work from Home +108 8 £488 -23.53% 26
North West - 1 £450 -
UK excluding London - 1 £450 - 2
North of England - 1 £450 -

Web3
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:

Application Platforms
1 1 (5.26%) Ethereum
1 1 (5.26%) Solana
Business Applications
1 7 (36.84%) Distributed Ledger
2 1 (5.26%) Shopify
Cloud Services
1 3 (15.79%) AWS
2 1 (5.26%) GCP
Communications & Networking
1 3 (15.79%) Internet
2 1 (5.26%) Network Security
Database & Business Intelligence
1 1 (5.26%) NoSQL
Development Applications
1 1 (5.26%) GitLab
General
1 6 (31.58%) Social Skills
2 5 (26.32%) Finance
3 3 (15.79%) Public Sector
4 2 (10.53%) Financial Institution
5 1 (5.26%) Arabic Language
5 1 (5.26%) Banking
Job Titles
1 7 (36.84%) Architect
2 6 (31.58%) Developer
2 6 (31.58%) Solutions Architect
3 4 (21.05%) Senior
4 2 (10.53%) Blockchain Architect
4 2 (10.53%) Blockchain Developer
4 2 (10.53%) Digital Architect
4 2 (10.53%) JavaScript Engineer
4 2 (10.53%) Senior Developer
5 1 (5.26%) Applications Developer
5 1 (5.26%) Blockchain Engineer
5 1 (5.26%) Cybersecurity Specialist
5 1 (5.26%) Digital Solutions Architect
5 1 (5.26%) Front-End Developer (Client-Side Developer)
5 1 (5.26%) JavaScript Developer
5 1 (5.26%) Security Specialist
5 1 (5.26%) Senior Architect
5 1 (5.26%) Senior Digital Architect
5 1 (5.26%) Software Engineer
5 1 (5.26%) Web Architect
Libraries, Frameworks & Software Standards
1 10 (52.63%) web3js
2 6 (31.58%) Node.js
3 4 (21.05%) React
4 1 (5.26%) Android Jetpack
4 1 (5.26%) CSS
4 1 (5.26%) HTML
4 1 (5.26%) Jetpack Compose
4 1 (5.26%) Next.js
4 1 (5.26%) Redux
4 1 (5.26%) Smart Contracts
4 1 (5.26%) SwiftUI
4 1 (5.26%) WebGL
Miscellaneous
1 18 (94.74%) Blockchain
2 6 (31.58%) CBDC
3 3 (15.79%) IoT
4 2 (10.53%) NFT
5 1 (5.26%) Data Protection Act
5 1 (5.26%) Enterprise Software
5 1 (5.26%) Hybrid Cloud
5 1 (5.26%) Virtual Reality
Operating Systems
1 1 (5.26%) Android
1 1 (5.26%) Apple iOS
1 1 (5.26%) Linux
Processes & Methodologies
1 7 (36.84%) DeFi
2 5 (26.32%) Cryptography
2 5 (26.32%) Fintech
2 5 (26.32%) Translating Business Requirements
3 4 (21.05%) Collaborative Working
4 3 (15.79%) Agile
4 3 (15.79%) API Development
4 3 (15.79%) Computer Science
4 3 (15.79%) Data Science
4 3 (15.79%) Mathematics
4 3 (15.79%) Regtech
5 2 (10.53%) API Integration
5 2 (10.53%) Mentoring
6 1 (5.26%) BDD
6 1 (5.26%) Cybersecurity
6 1 (5.26%) Data Protection
6 1 (5.26%) DevOps
6 1 (5.26%) Microservices
6 1 (5.26%) Risk Analysis
6 1 (5.26%) Security Architecture
Programming Languages
1 5 (26.32%) JavaScript
2 4 (21.05%) TypeScript
3 2 (10.53%) Solidity
4 1 (5.26%) Java
4 1 (5.26%) Kotlin
4 1 (5.26%) Python
4 1 (5.26%) SQL
4 1 (5.26%) Swift
Qualifications
1 6 (31.58%) SC Cleared
1 6 (31.58%) Security Cleared
2 3 (15.79%) Computer Science Degree
2 3 (15.79%) Degree
3 1 (5.26%) CCIE
3 1 (5.26%) Cisco Certification
3 1 (5.26%) CISM
3 1 (5.26%) CISSP
Quality Assurance & Compliance
1 1 (5.26%) NIST
Systems Management
1 1 (5.26%) Kubernetes
1 1 (5.26%) Terraform