Digital Economy Contracts with Work from Home Options

Digital Economy (Web Economy, New Economy)
UK > Work from Home

The table below looks at the prevalence of the term Digital Economy in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Digital Economy over the 6 months to 2 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
2 May 2024
Same period 2023 Same period 2022
Rank 341 448 581
Rank change year-on-year +107 +133 -115
Contract jobs citing Digital Economy 3 23 42
As % of all contract jobs with a WFH option 0.020% 0.090% 0.094%
As % of the General category 0.033% 0.15% 0.17%
Number of daily rates quoted 1 20 33
10th Percentile - £687 £495
25th Percentile £750 - £520
Median daily rate (50th Percentile) £800 £745 £575
Median % change year-on-year +7.38% +29.57% -4.17%
75th Percentile £850 - £650
90th Percentile - - £775
UK median daily rate £675 £745 £575
% change year-on-year -9.40% +29.57% -2.13%

All General Skills
Work from Home

Digital Economy is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for common skills.

Contract vacancies with a requirement for common skills 8,972 15,008 24,110
As % of all contract jobs with a WFH option 58.81% 58.47% 54.08%
Number of daily rates quoted 5,871 10,584 17,470
10th Percentile £330 £363 £350
25th Percentile £425 £450 £430
Median daily rate (50th Percentile) £535 £550 £525
Median % change year-on-year -2.73% +4.76% +7.69%
75th Percentile £650 £675 £638
90th Percentile £775 £775 £738
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +8.59%
Number of hourly rates quoted 476 348 351
10th Percentile £14.03 £19.04 £13.50
25th Percentile £22.61 £28.24 £19.35
Median hourly rate £38.12 £51.00 £31.85
Median % change year-on-year -25.25% +60.13% +32.71%
75th Percentile £53.00 £67.50 £49.25
90th Percentile £72.50 £80.08 £64.50
UK median hourly rate £30.00 £34.31 £21.82
% change year-on-year -12.56% +57.28% -3.04%

Digital Economy
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Digital Economy as a proportion of all IT jobs advertised.

Digital Economy trend for jobs with a WFH option

Digital Economy
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Digital Economy.

Digital Economy daily rate for jobs with a WFH option

Digital Economy
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:

General
1 2 (66.67%) Inclusion and Diversity
1 2 (66.67%) Legal
2 1 (33.33%) Finance
2 1 (33.33%) Public Sector
Processes & Methodologies
1 1 (33.33%) Agile
1 1 (33.33%) Business Case
1 1 (33.33%) Mentoring
1 1 (33.33%) Product Management