RMDS Contracts with Work from Home Options

Reuters Market Data System (RMDS)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for RMDS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RMDS over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 335 - 618
Rank change year-on-year - - -135
Contract jobs citing RMDS 2 0 7
As % of all contract jobs with a WFH option 0.013% - 0.016%
As % of the Business Applications category 0.15% - 0.27%
Number of daily rates quoted 2 0 5
10th Percentile - - £645
25th Percentile - - £675
Median daily rate (50th Percentile) £1,200 - £700
Median % change year-on-year - - +16.67%
75th Percentile - - £725
90th Percentile - - £755
UK median daily rate £800 - £661
% change year-on-year - - +15.00%

All Business Application Skills
Work from Home

RMDS is in the Business Applications 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 business application skills.

Contract vacancies with a requirement for business application skills 1,325 1,830 2,614
As % of all contract jobs with a WFH option 8.75% 7.16% 5.86%
Number of daily rates quoted 757 1,038 1,565
10th Percentile £370 £356 £396
25th Percentile £456 £450 £463
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £663 £678 £650
90th Percentile £763 £775 £745
UK median daily rate £550 £550 £550
% change year-on-year - - +10.00%
Number of hourly rates quoted 16 24 15
10th Percentile £15.19 £25.10 £11.67
25th Percentile £21.31 £36.73 £18.03
Median hourly rate £45.00 £49.00 £24.05
Median % change year-on-year -8.16% +103.74% -49.37%
75th Percentile £48.25 £69.06 £60.00
90th Percentile £60.00 £97.50 £64.00
UK median hourly rate £41.23 £47.50 £35.00
% change year-on-year -13.20% +35.71% -2.78%

RMDS
Trend for Jobs with a WFH Option

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

RMDS trend for jobs with a WFH option

RMDS
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 RMDS.

RMDS daily rate for jobs with a WFH option

RMDS
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:

Job Titles
1 2 (100.00%) Developer
1 2 (100.00%) Java Developer
1 2 (100.00%) Senior
1 2 (100.00%) Senior Developer
1 2 (100.00%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 2 (100.00%) HTML
1 2 (100.00%) HTML5
1 2 (100.00%) React
Miscellaneous
1 2 (100.00%) Fixed Income
Processes & Methodologies
1 2 (100.00%) Automated Trading
1 2 (100.00%) Backtesting
1 2 (100.00%) BDD
1 2 (100.00%) Electronic Trading
1 2 (100.00%) Low Latency
1 2 (100.00%) TDD
Programming Languages
1 2 (100.00%) Java
1 2 (100.00%) Scala
Vendors
1 2 (100.00%) ION Trading
1 2 (100.00%) Solace