Fixed Income Contracts with Work from Home Options

Fixed Income
UK > Work from Home

The table below looks at the prevalence of the term Fixed Income 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 Fixed Income over the 6 months to 19 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
19 Apr 2024
Same period 2023 Same period 2022
Rank 171 254 427
Rank change year-on-year +83 +173 -54
Contract jobs citing Fixed Income 187 232 203
As % of all contract jobs with a WFH option 1.20% 0.88% 0.45%
As % of the Miscellaneous category 4.19% 2.81% 1.45%
Number of daily rates quoted 177 191 134
10th Percentile £563 £475 £438
25th Percentile £688 £621 £589
Median daily rate (50th Percentile) £775 £725 £725
Median % change year-on-year +6.90% - +11.54%
75th Percentile £888 £863 £833
90th Percentile £1,093 £950 £868
UK median daily rate £750 £725 £700
% change year-on-year +3.45% +3.57% +7.69%

All Generic Skills
Work from Home

Fixed Income 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 WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,458 8,261 13,978
As % of all contract jobs with a WFH option 28.67% 31.35% 31.04%
Number of daily rates quoted 2,992 5,810 9,968
10th Percentile £325 £363 £355
25th Percentile £429 £456 £431
Median daily rate (50th Percentile) £550 £550 £532
Median % change year-on-year - +3.33% +7.53%
75th Percentile £672 £688 £638
90th Percentile £800 £800 £738
UK median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 183 150 226
10th Percentile £15.42 £19.00 £12.21
25th Percentile £25.25 £33.31 £20.38
Median hourly rate £47.50 £63.00 £44.50
Median % change year-on-year -24.60% +41.57% +43.55%
75th Percentile £62.00 £70.00 £57.03
90th Percentile £72.50 £85.00 £66.13
UK median hourly rate £28.25 £22.49 £27.00
% change year-on-year +25.64% -16.72% +5.88%

Fixed Income
Trend for Jobs with a WFH Option

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

Fixed Income trend for jobs with a WFH option

Fixed Income
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 Fixed Income.

Fixed Income daily rate for jobs with a WFH option

Fixed Income
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Fixed Income over the 6 months to 19 April 2024.

Fixed Income daily rate histogram for jobs with a WFH option

Fixed Income
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 69 (36.90%) Apache Airflow
2 59 (31.55%) Apache
3 4 (2.14%) Confluence
4 2 (1.07%) Microsoft Exchange
Applications
1 15 (8.02%) Microsoft Excel
2 8 (4.28%) Microsoft PowerPoint
3 4 (2.14%) Microsoft Office
3 4 (2.14%) Microsoft Project
3 4 (2.14%) MS Visio
4 1 (0.53%) Spreadsheet
Business Applications
1 4 (2.14%) Loan IQ
2 3 (1.60%) ION MarketView
Cloud Services
1 109 (58.29%) AWS
2 75 (40.11%) GCP
3 56 (29.95%) dbt
4 42 (22.46%) Snowflake
5 27 (14.44%) Azure
Communications & Networking
1 5 (2.67%) FIX Connectivity
Database & Business Intelligence
1 58 (31.02%) Apache Ignite
2 56 (29.95%) Amazon Athena
2 56 (29.95%) Apache Arrow
2 56 (29.95%) Dremio
3 42 (22.46%) Data Lake
4 4 (2.14%) Relational Database
5 2 (1.07%) Data Mart
5 2 (1.07%) KDB
5 2 (1.07%) PostgreSQL
5 2 (1.07%) SQL Server
6 1 (0.53%) MongoDB
6 1 (0.53%) MySQL
Development Applications
1 10 (5.35%) Git
2 6 (3.21%) git-flow
3 5 (2.67%) JIRA
4 4 (2.14%) TeamCity
4 4 (2.14%) Visual Studio
5 1 (0.53%) GitLab
5 1 (0.53%) Jenkins
General
1 146 (78.07%) Finance
2 143 (76.47%) Front Office
3 101 (54.01%) Banking
4 84 (44.92%) Investment Banking
5 18 (9.63%) Social Skills
6 12 (6.42%) Financial Institution
7 8 (4.28%) Analytical Skills
8 5 (2.67%) Marketing
9 4 (2.14%) Public Sector
10 1 (0.53%) Retail
Job Titles
1 107 (57.22%) Developer
2 59 (31.55%) Software Engineer
3 47 (25.13%) Developer/Software Engineer
4 42 (22.46%) Python Developer
5 33 (17.65%) Senior
6 30 (16.04%) Java Developer
6 30 (16.04%) Quantitative Developer
7 29 (15.51%) Python Engineer
7 29 (15.51%) Python Software Engineer
8 28 (14.97%) Lead
9 27 (14.44%) Finance Manager
10 25 (13.37%) Analyst
10 25 (13.37%) React Developer
11 22 (11.76%) Senior Software Engineer
12 20 (10.70%) Business Analyst
13 18 (9.63%) Electronic Trading Developer
13 18 (9.63%) Electronic Trading Java Developer
13 18 (9.63%) Software Developer
14 17 (9.09%) AWS Engineer
14 17 (9.09%) AWS Software Engineer
Libraries, Frameworks & Software Standards
1 69 (36.90%) gRPC
1 69 (36.90%) Protocol Buffers
2 62 (33.16%) Pandas
3 53 (28.34%) NumPy
3 53 (28.34%) SciPy
4 52 (27.81%) React
5 30 (16.04%) Redux
6 25 (13.37%) Material-UI
7 24 (12.83%) Node.js
8 21 (11.23%) FIX Protocol
9 19 (10.16%) AngularJS
10 13 (6.95%) Vue
11 11 (5.88%) CSS
11 11 (5.88%) GraphQL
12 10 (5.35%) WPF
13 7 (3.74%) .NET
14 6 (3.21%) LESS
14 6 (3.21%) Sass
14 6 (3.21%) Tailwind CSS
14 6 (3.21%) WebSockets
Miscellaneous
1 103 (55.08%) Derivative
2 94 (50.27%) Equities
3 82 (43.85%) Foreign Exchange (FX)
4 81 (43.32%) Hedge funds
5 14 (7.49%) Product Ownership
6 6 (3.21%) Enterprise Software
6 6 (3.21%) Greenfield Project
7 4 (2.14%) Algorithms
7 4 (2.14%) Distributed Computing
8 2 (1.07%) Credit Derivative
8 2 (1.07%) Distributed Systems
8 2 (1.07%) Equity Derivative
8 2 (1.07%) Pricing Data
9 1 (0.53%) Data Structures
9 1 (0.53%) Legacy Systems
Operating Systems
1 10 (5.35%) Unix
2 6 (3.21%) Windows
3 4 (2.14%) Linux
Processes & Methodologies
1 115 (61.50%) Agile
2 109 (58.29%) Asset Management
3 103 (55.08%) Software Engineering
4 95 (50.80%) Investment Management
5 40 (21.39%) Analytics
6 37 (19.79%) Electronic Trading
7 21 (11.23%) Fintech
7 21 (11.23%) Front End Development
7 21 (11.23%) Line Management
7 21 (11.23%) Performance Attribution
7 21 (11.23%) User Experience
8 19 (10.16%) Greeks
9 17 (9.09%) Full Stack Development
9 17 (9.09%) Quantitative Research
10 16 (8.56%) Product Management
11 15 (8.02%) Algorithmic Trading
12 11 (5.88%) Risk Analytics
13 10 (5.35%) Machine Learning
13 10 (5.35%) Mathematics
13 10 (5.35%) UX Design
Programming Languages
1 121 (64.71%) Python
2 97 (51.87%) Java
3 91 (48.66%) JavaScript
4 89 (47.59%) TypeScript
5 29 (15.51%) SQL
6 22 (11.76%) C#
7 16 (8.56%) R
8 11 (5.88%) Kotlin
9 7 (3.74%) C++
9 7 (3.74%) Scala
10 6 (3.21%) Ruby
10 6 (3.21%) VBA
11 4 (2.14%) Perl
11 4 (2.14%) Shell Script
Qualifications
1 19 (10.16%) Degree
2 9 (4.81%) Numerate Degree
3 7 (3.74%) Computer Science Degree
4 4 (2.14%) APMP
5 3 (1.60%) Master's Degree
Quality Assurance & Compliance
1 19 (10.16%) Data Quality
2 4 (2.14%) PMO
2 4 (2.14%) QA
3 2 (1.07%) MiFID
Systems Management
1 2 (1.07%) BladeLogic
1 2 (1.07%) ITRS Geneos
Vendors
1 21 (11.23%) Bloomberg
2 10 (5.35%) ION Trading
3 5 (2.67%) MarketAxess
3 5 (2.67%) Tradeweb
4 4 (2.14%) Microsoft
5 2 (1.07%) Murex
5 2 (1.07%) Oracle
5 2 (1.07%) Reuters
5 2 (1.07%) TIBCO