Derivative Contracts with Hybrid/Remote/WFH Options

Derivatives
UK > Work from Home

The table below looks at the prevalence of the term Derivative in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Derivative over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 110 133 245
Rank change year-on-year +23 +112 +209
Contract jobs citing Derivative 236 248 253
As % of all contract jobs with a WFH option 2.38% 1.62% 0.98%
As % of the Miscellaneous category 7.21% 5.63% 3.11%
Number of daily rates quoted 212 237 221
10th Percentile £502 £588 £488
25th Percentile £638 £675 £563
Median daily rate (50th Percentile) £725 £775 £725
Median % change year-on-year -6.45% +6.90% +3.57%
75th Percentile £888 £850 £825
90th Percentile £938 £888 £925
UK median daily rate £725 £750 £742
% change year-on-year -3.33% +1.04% +9.96%

All Generic Skills
Work from Home

Derivative 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 with remote or hybrid options requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 3,272 4,408 8,138
As % of all contract jobs with a WFH option 33.03% 28.73% 31.47%
Number of daily rates quoted 2,222 2,974 5,725
10th Percentile £350 £325 £363
25th Percentile £425 £431 £454
Median daily rate (50th Percentile) £545 £550 £550
Median % change year-on-year -0.91% - +2.33%
75th Percentile £680 £675 £688
90th Percentile £825 £800 £800
UK median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% -
Number of hourly rates quoted 76 199 151
10th Percentile £18.75 £15.48 £19.00
25th Percentile £26.25 £25.50 £31.38
Median hourly rate £41.75 £51.00 £57.50
Median % change year-on-year -18.14% -11.30% +29.21%
75th Percentile £64.57 £65.02 £70.00
90th Percentile £78.13 £72.50 £85.00
UK median hourly rate £32.05 £30.00 £22.49
% change year-on-year +6.83% +33.42% -18.24%

Derivative
Trend for Jobs with a WFH Option

Job vacancies with remote working options citing Derivative as a proportion of all IT jobs advertised.

Derivative trend for jobs with Hybrid/Remote/WFH options

Derivative
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with remote working options citing Derivative.

Derivative daily rate for jobs with a WFH option

Derivative
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with remote working options citing Derivative over the 6 months to 1 May 2025.

Derivative daily rate histogram for jobs with a WFH option

Derivative
Co-occurring Skills and Capabilities with WFH Options 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 37 (15.68%) Apache
1 37 (15.68%) Apache Airflow
2 2 (0.85%) Confluence
2 2 (0.85%) Microsoft Exchange
2 2 (0.85%) MQSeries
Applications
1 2 (0.85%) Microsoft Excel
2 1 (0.42%) Fusion 360
2 1 (0.42%) Microsoft PowerPoint
2 1 (0.42%) MS Visio
2 1 (0.42%) Notepad++
2 1 (0.42%) Siemens NX
Business Applications
1 37 (15.68%) Aladdin
2 14 (5.93%) thinkFolio
3 2 (0.85%) Misys Midas
4 1 (0.42%) BusinessWorks
4 1 (0.42%) Fidessa
4 1 (0.42%) Kondor
4 1 (0.42%) Summit
4 1 (0.42%) Teamcenter
Cloud Services
1 41 (17.37%) AWS
2 37 (15.68%) dbt
2 37 (15.68%) Snowflake
3 19 (8.05%) GCP
4 17 (7.20%) Amazon EC2
4 17 (7.20%) Amazon ECS
4 17 (7.20%) Amazon EKS
4 17 (7.20%) Dagster
5 5 (2.12%) npm
5 5 (2.12%) Yarn
6 3 (1.27%) Azure
7 1 (0.42%) Azure DevOps
7 1 (0.42%) PaaS
7 1 (0.42%) Power Platform
Communications & Networking
1 11 (4.66%) FIX Connectivity
Database & Business Intelligence
1 120 (50.85%) Data Lake
2 37 (15.68%) Amazon Athena
2 37 (15.68%) Apache Arrow
2 37 (15.68%) Apache Iceberg
2 37 (15.68%) Dremio
3 29 (12.29%) Apache Ignite
4 5 (2.12%) SQL Server
5 3 (1.27%) DB2
5 3 (1.27%) MongoDB
5 3 (1.27%) PostgreSQL
5 3 (1.27%) Relational Database
6 1 (0.42%) BigQuery
6 1 (0.42%) Data Mart
6 1 (0.42%) Data Warehouse
6 1 (0.42%) Looker
6 1 (0.42%) MS Access
6 1 (0.42%) Power BI
6 1 (0.42%) SQL Server Reporting Services
6 1 (0.42%) Tableau
Development Applications
1 14 (5.93%) Git
2 8 (3.39%) Jenkins
3 6 (2.54%) JIRA
4 5 (2.12%) Ant
4 5 (2.12%) Maven
4 5 (2.12%) Subversion
4 5 (2.12%) webpack
5 3 (1.27%) JUnit
5 3 (1.27%) Visual Studio
6 1 (0.42%) Bitbucket Server
6 1 (0.42%) MagicDraw
6 1 (0.42%) TeamCity
6 1 (0.42%) XMLSpy
General
1 211 (89.41%) Finance
2 188 (79.66%) Front Office
3 88 (37.29%) Banking
4 66 (27.97%) Investment Banking
5 16 (6.78%) Analytical Skills
6 11 (4.66%) Social Skills
7 7 (2.97%) Wholesale Banking
8 5 (2.12%) Back Office
8 5 (2.12%) Financial Institution
9 4 (1.69%) French Language
10 2 (0.85%) Private Banking
11 1 (0.42%) Legal
Job Titles
1 66 (27.97%) Analyst
2 50 (21.19%) Business Analyst
3 49 (20.76%) Developer
4 42 (17.80%) Software Engineer
5 37 (15.68%) AWS Engineer
5 37 (15.68%) AWS Software Engineer
5 37 (15.68%) Head of Finance
6 34 (14.41%) Business Manager
6 34 (14.41%) Fixed Income Business Analyst
7 31 (13.14%) Senior
8 27 (11.44%) Java Engineer
8 27 (11.44%) Java Software Engineer
9 25 (10.59%) Lead
10 24 (10.17%) Java Developer
11 22 (9.32%) Data Governance Analyst
11 22 (9.32%) Data Governance Manager
11 22 (9.32%) Governance Manager
11 22 (9.32%) Python Engineer
11 22 (9.32%) Python Software Engineer
12 21 (8.90%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 29 (12.29%) gRPC
1 29 (12.29%) NumPy
1 29 (12.29%) Pandas
1 29 (12.29%) Protocol Buffers
1 29 (12.29%) SciPy
2 25 (10.59%) PySpark
3 11 (4.66%) FIX Protocol
4 8 (3.39%) React
5 7 (2.97%) Kafka
5 7 (2.97%) XML
6 6 (2.54%) .NET
6 6 (2.54%) CSS
7 5 (2.12%) Redux
7 5 (2.12%) RxJS
7 5 (2.12%) Spring
8 4 (1.69%) Murex MxML
9 3 (1.27%) AngularJS
9 3 (1.27%) Web Services
10 2 (0.85%) Apache Avro
10 2 (0.85%) MSMQ
Miscellaneous
1 177 (75.00%) Fixed Income
2 168 (71.19%) Hedge funds
3 158 (66.95%) Equities
4 150 (63.56%) Foreign Exchange (FX)
5 38 (16.10%) Product Ownership
6 18 (7.63%) Onboarding
7 17 (7.20%) Equity Derivative
8 12 (5.08%) Pricing Data
9 6 (2.54%) Management Information System
10 5 (2.12%) Interest Rate Derivative
11 4 (1.69%) Data Structures
11 4 (1.69%) Market Risk
12 3 (1.27%) OTC Derivatives
13 2 (0.85%) AS400
13 2 (0.85%) Data Protection Act
13 2 (0.85%) Distributed Computing
13 2 (0.85%) iSeries
13 2 (0.85%) Reference Data
13 2 (0.85%) SWIFT Messaging Network
13 2 (0.85%) Wiki
Operating Systems
1 14 (5.93%) Unix
2 12 (5.08%) Linux
3 7 (2.97%) Windows
4 2 (0.85%) Red Hat Enterprise Linux
Processes & Methodologies
1 186 (78.81%) Agile
2 147 (62.29%) Investment Management
3 112 (47.46%) Migration
4 94 (39.83%) Data Governance
5 93 (39.41%) Regulatory Compliance
6 91 (38.56%) Roadmaps
7 80 (33.90%) Asset Management
8 71 (30.08%) Data Management
9 48 (20.34%) Software Engineering
10 38 (16.10%) Business Intelligence
10 38 (16.10%) Portfolio Management
11 37 (15.68%) Business Analysis
12 30 (12.71%) Analytics
13 22 (9.32%) Electronic Trading
13 22 (9.32%) Problem-Solving
14 20 (8.47%) User Acceptance Testing
15 19 (8.05%) Data Mapping
16 17 (7.20%) Performance Attribution
16 17 (7.20%) Quantitative Research
17 13 (5.51%) Algorithmic Trading
Programming Languages
1 93 (39.41%) Python
2 79 (33.47%) SQL
3 65 (27.54%) Java
4 35 (14.83%) JavaScript
4 35 (14.83%) TypeScript
5 6 (2.54%) C#
6 4 (1.69%) C++
6 4 (1.69%) Scala
7 3 (1.27%) PowerShell
7 3 (1.27%) Shell Script
8 2 (0.85%) Kotlin
8 2 (0.85%) RPG
9 1 (0.42%) C
9 1 (0.42%) Ruby
9 1 (0.42%) T-SQL
Qualifications
1 4 (1.69%) Degree
2 3 (1.27%) Master's Degree
2 3 (1.27%) Numerate Degree
3 1 (0.42%) ISTQB
3 1 (0.42%) PhD
Quality Assurance & Compliance
1 29 (12.29%) MiFID
2 5 (2.12%) QA
3 4 (1.69%) EMIR
4 2 (0.85%) Accessibility
4 2 (0.85%) Data Quality
4 2 (0.85%) Dodd-Frank
4 2 (0.85%) PMO
5 1 (0.42%) Basel III
5 1 (0.42%) COREP
Systems Management
1 2 (0.85%) Control-M
2 1 (0.42%) HP ALM
Vendors
1 37 (15.68%) BISAM
2 20 (8.47%) Charles River
3 15 (6.36%) Calypso
4 14 (5.93%) SimCorp
5 6 (2.54%) Microsoft
5 6 (2.54%) Sybase
6 5 (2.12%) Atlassian
7 4 (1.69%) Bloomberg
7 4 (1.69%) Murex
7 4 (1.69%) Oracle
8 3 (1.27%) ServiceNow
9 2 (0.85%) IBM
9 2 (0.85%) Red Hat
10 1 (0.42%) Autodesk
10 1 (0.42%) CQG
10 1 (0.42%) HP
10 1 (0.42%) Reuters
10 1 (0.42%) Salesforce
10 1 (0.42%) Siemens
10 1 (0.42%) TIBCO