Java Quantitative Developer Contracts with Work from Home Options

Java Quant Developer
UK > Work from Home

The median Java Quant Developer daily rate in Work from Home is £1,250 according to job vacancies posted during the 6 months to 12 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

 6 months to
12 May 2024		 Same period 2023 Same period 2022
Rank 339 457 621
Rank change year-on-year +118 +164 -
Contract jobs requiring a Java Quantitative Developer 13 9 7
As % of all contract jobs with a WFH option 0.086% 0.036% 0.016%
As % of the Job Titles category 0.092% 0.037% 0.017%
Number of daily rates quoted 13 4 7
10th Percentile - - -
25th Percentile - £725 £675
Median daily rate (50th Percentile) £1,250 £750 £700
Median % change year-on-year +66.67% +7.14% -
75th Percentile - £788 £738
90th Percentile - - £750
UK median daily rate £1,250 £775 £725
% change year-on-year +61.29% +6.90% +3.57%

All Contract IT Job Vacancies
Work from Home

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies with a WFH option. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in Work from Home with a recognized job title 14,070 24,019 42,133
% of contract IT jobs with a recognized job title 93.54% 95.35% 95.72%
Number of daily rates quoted 9,440 16,961 30,444
10th Percentile £325 £360 £356
25th Percentile £425 £445 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £721
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 572 547 600
10th Percentile £14.27 £17.50 £13.50
25th Percentile £23.32 £25.71 £19.19
Median hourly rate £45.00 £53.35 £35.00
Median % change year-on-year -15.65% +52.43% +42.86%
75th Percentile £63.95 £67.50 £57.50
90th Percentile £75.25 £79.51 £68.75
UK median hourly rate £37.50 £45.00 £23.91
% change year-on-year -16.67% +88.21% +5.89%

Java Quantitative Developer
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Java Quantitative Developer in the job title as a proportion of all IT jobs advertised.

Java Quantitative Developer trend for jobs with a WFH option

Java Quantitative Developer
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 Java Quantitative Developer.

Java Quantitative Developer daily rate for jobs with a WFH option

Java Quantitative Developer Skill Set
Top 21 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 12 May 2024, Java Quantitative Developer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract jobs with a WFH option featuring Java Quantitative Developer in the job title.

1 13 (100.00%) Java
1 13 (100.00%) Algorithmic Trading
2 12 (92.31%) Banking
2 12 (92.31%) Investment Banking
2 12 (92.31%) FIX Protocol
2 12 (92.31%) Electronic Trading
2 12 (92.31%) Fixed Income
3 1 (7.69%) Equities
3 1 (7.69%) Front Office
3 1 (7.69%) Python
3 1 (7.69%) MQSeries
3 1 (7.69%) IBM
3 1 (7.69%) Foreign Exchange (FX)
3 1 (7.69%) TIBCO
3 1 (7.69%) Rendezvous
3 1 (7.69%) High Availability
3 1 (7.69%) Low Latency
3 1 (7.69%) Solace
3 1 (7.69%) Concurrent Programming
3 1 (7.69%) Fintech
3 1 (7.69%) Multithreading

Java Quantitative Developer Skill Set
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 1 (7.69%) MQSeries
General
1 12 (92.31%) Banking
1 12 (92.31%) Investment Banking
2 1 (7.69%) Front Office
Libraries, Frameworks & Software Standards
1 12 (92.31%) FIX Protocol
2 1 (7.69%) Rendezvous
Miscellaneous
1 12 (92.31%) Fixed Income
2 1 (7.69%) Equities
2 1 (7.69%) Foreign Exchange (FX)
Processes & Methodologies
1 13 (100.00%) Algorithmic Trading
2 12 (92.31%) Electronic Trading
3 1 (7.69%) Concurrent Programming
3 1 (7.69%) Fintech
3 1 (7.69%) High Availability
3 1 (7.69%) Low Latency
3 1 (7.69%) Multithreading
Programming Languages
1 13 (100.00%) Java
2 1 (7.69%) Python
Vendors
1 1 (7.69%) IBM
1 1 (7.69%) Solace
1 1 (7.69%) TIBCO