Solace Contracts with Work from Home Options

Solace
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 knowledge and experience of Solace products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Solace over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Solace Systems.

 6 months to
28 Apr 2024		 Same period 2023 Same period 2022
Rank 340 453 604
Rank change year-on-year +113 +151 -132
Contract jobs citing Solace 6 19 19
As % of all contract jobs with a WFH option 0.039% 0.073% 0.043%
As % of the Vendors category 0.092% 0.17% 0.11%
Number of daily rates quoted 5 16 13
10th Percentile £585 £440 £485
25th Percentile £713 £445 £513
Median daily rate (50th Percentile) £725 £650 £800
Median % change year-on-year +11.54% -18.75% -
75th Percentile £1,200 £694 -
90th Percentile £1,275 £750 £900
UK median daily rate £798 £700 £590
% change year-on-year +13.93% +18.64% -12.59%

All Vendors
Work from Home

Solace is in the Vendor Products and Services 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 knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 6,501 11,159 17,409
As % of all contract jobs with a WFH option 42.55% 43.15% 39.05%
Number of daily rates quoted 4,020 7,514 11,847
10th Percentile £325 £330 £345
25th Percentile £425 £425 £425
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £625 £650 £625
90th Percentile £725 £750 £713
UK median daily rate £518 £525 £525
% change year-on-year -1.43% - +10.53%
Number of hourly rates quoted 219 259 258
10th Percentile £13.85 £17.92 £13.32
25th Percentile £16.85 £32.13 £18.75
Median hourly rate £29.00 £55.00 £35.00
Median % change year-on-year -47.27% +57.14% +2.94%
75th Percentile £60.00 £68.75 £52.44
90th Percentile £70.50 £80.25 £66.23
UK median hourly rate £22.00 £43.75 £21.00
% change year-on-year -49.71% +108.33% -6.67%

Solace
Trend for Jobs with a WFH Option

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

Solace trend for jobs with a WFH option

Solace
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 Solace.

Solace daily rate for jobs with a WFH option

Solace
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Solace over the 6 months to 28 April 2024.

Solace daily rate histogram for jobs with a WFH option

Solace
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 (16.67%) MQSeries
Business Applications
1 1 (16.67%) RMDS
Communications & Networking
1 2 (33.33%) SSL
General
1 2 (33.33%) Analytical Skills
1 2 (33.33%) Finance
2 1 (16.67%) Banking
2 1 (16.67%) Front Office
Job Titles
1 2 (33.33%) Developer
1 2 (33.33%) Java Developer
2 1 (16.67%) Administrator
2 1 (16.67%) Java Quantitative Developer
2 1 (16.67%) Lead
2 1 (16.67%) Quantitative Developer
2 1 (16.67%) Senior
2 1 (16.67%) Senior Developer
2 1 (16.67%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 2 (33.33%) ActiveMQ
1 2 (33.33%) FIX Protocol
1 2 (33.33%) Kafka
1 2 (33.33%) Ultra Messaging
1 2 (33.33%) XML
2 1 (16.67%) HTML
2 1 (16.67%) HTML5
2 1 (16.67%) React
2 1 (16.67%) Rendezvous
Miscellaneous
1 3 (50.00%) Foreign Exchange (FX)
2 1 (16.67%) Equities
2 1 (16.67%) Fixed Income
Operating Systems
1 2 (33.33%) Linux
1 2 (33.33%) Windows
Processes & Methodologies
1 4 (66.67%) Low Latency
2 3 (50.00%) Algorithmic Trading
3 2 (33.33%) Change Management
3 2 (33.33%) CI/CD
3 2 (33.33%) DevOps
3 2 (33.33%) ITIL
3 2 (33.33%) ITSM
3 2 (33.33%) Problem-Solving
4 1 (16.67%) Automated Trading
4 1 (16.67%) Backtesting
4 1 (16.67%) BDD
4 1 (16.67%) Concurrent Programming
4 1 (16.67%) Electronic Trading
4 1 (16.67%) Fintech
4 1 (16.67%) High Availability
4 1 (16.67%) Migration
4 1 (16.67%) Multithreading
4 1 (16.67%) TDD
Programming Languages
1 3 (50.00%) Python
2 2 (33.33%) Java
2 2 (33.33%) Perl
2 2 (33.33%) PowerShell
3 1 (16.67%) Scala
Qualifications
1 2 (33.33%) CCNA
1 2 (33.33%) Cisco Certification
Systems Management
1 2 (33.33%) Ansible
1 2 (33.33%) ITRS Geneos
Vendors
1 3 (50.00%) IBM
1 3 (50.00%) TIBCO
2 2 (33.33%) Cisco
2 2 (33.33%) ServiceNow
3 1 (16.67%) ION Trading
8 Solace jobs Nationwide