RAD Contracts in London

Rapid Application Development (RAD)
England > London

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for RAD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RAD over the 6 months to 31 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
31 May 2024
Same period 2023 Same period 2022
Rank 371 458 573
Rank change year-on-year +87 +115 -115
Contract jobs citing RAD 19 19 21
As % of all contract jobs advertised in London 0.11% 0.075% 0.054%
As % of the Processes & Methodologies category 0.12% 0.082% 0.059%
Number of daily rates quoted 18 17 6
10th Percentile - £465 £485
25th Percentile - £600 £603
Median daily rate (50th Percentile) £600 £675 £785
Median % change year-on-year -11.11% -14.01% +36.52%
75th Percentile - £738 £793
90th Percentile £664 - £821
England median daily rate £600 £650 £729
% change year-on-year -7.69% -10.84% +31.35%

All Process and Methodology Skills
London

RAD is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,450 23,106 35,695
As % of all contract IT jobs advertised in London 88.36% 90.87% 92.20%
Number of daily rates quoted 11,083 16,714 26,163
10th Percentile £340 £375 £390
25th Percentile £449 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £543
% change year-on-year -4.55% +1.38% +8.50%
Number of hourly rates quoted 320 262 405
10th Percentile £15.50 £18.00 £16.50
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.00 £39.21 £35.08
Median % change year-on-year -28.59% +11.79% +7.35%
75th Percentile £48.75 £64.50 £50.00
90th Percentile £68.08 £82.50 £67.50
England median hourly rate £37.50 £37.50 £25.00
% change year-on-year - +50.00% +11.11%

RAD
Job Vacancy Trend in London

Job postings citing RAD as a proportion of all IT jobs advertised in London.

Job vacancy trend for RAD in London

RAD
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing RAD in London.

Daily rate trend for RAD in London

RAD
Daily Rate Histogram in London

Daily rate distribution for jobs citing RAD in London over the 6 months to 31 May 2024.

Daily rate histogram for RAD in London

RAD
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing RAD in London.

Hourly rate trend for RAD in London

RAD
Co-occurring Skills and Capabilities in London 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:

Applications
1 6 (31.58%) Microsoft Excel
2 1 (5.26%) Spreadsheet
Cloud Services
1 1 (5.26%) AWS
Communications & Networking
1 1 (5.26%) FTP
Database & Business Intelligence
1 4 (21.05%) SQL Server
2 1 (5.26%) MongoDB
2 1 (5.26%) MS Access
2 1 (5.26%) PostgreSQL
General
1 16 (84.21%) Finance
1 16 (84.21%) Front Office
2 14 (73.68%) Banking
2 14 (73.68%) Investment Banking
3 2 (10.53%) Social Skills
4 1 (5.26%) Analytical Skills
Job Titles
1 19 (100.00%) Developer
2 15 (78.95%) Java Developer
3 13 (68.42%) Front Office Developer
3 13 (68.42%) Investment Banking Java Developer
4 5 (26.32%) RAD Developer
5 3 (15.79%) C# Developer
6 2 (10.53%) C# Developer - Investment Banking
6 2 (10.53%) Front Office RAD Developer
6 2 (10.53%) VBA Developer
7 1 (5.26%) Applications Developer
7 1 (5.26%) Energy Trading Developer
7 1 (5.26%) Excel Developer
7 1 (5.26%) Excel VBA Developer
7 1 (5.26%) Python Developer
7 1 (5.26%) Senior
7 1 (5.26%) Senior Developer
7 1 (5.26%) Tactical Developer
Libraries, Frameworks & Software Standards
1 2 (10.53%) .NET
1 2 (10.53%) .NET Framework
2 1 (5.26%) AngularJS
2 1 (5.26%) CSS
2 1 (5.26%) FastAPI
2 1 (5.26%) FIX Protocol
2 1 (5.26%) HTML
2 1 (5.26%) Kafka
2 1 (5.26%) NumPy
2 1 (5.26%) Pandas
2 1 (5.26%) RabbitMQ
2 1 (5.26%) React
2 1 (5.26%) REST
2 1 (5.26%) Spring
2 1 (5.26%) Spring Boot
Miscellaneous
1 14 (73.68%) Derivative
1 14 (73.68%) Equity Derivative
2 1 (5.26%) Data Protection Act
2 1 (5.26%) Equities
2 1 (5.26%) Fixed Income
2 1 (5.26%) Hedge funds
2 1 (5.26%) Self-Motivation
Operating Systems
1 1 (5.26%) Linux
Processes & Methodologies
1 2 (10.53%) Mentoring
2 1 (5.26%) Analytics
2 1 (5.26%) Automated Trading
2 1 (5.26%) Collaborative Culture
2 1 (5.26%) Continuous Delivery
2 1 (5.26%) Data Analytics
2 1 (5.26%) Data Protection
2 1 (5.26%) Decision-Making
2 1 (5.26%) Financial Modelling
2 1 (5.26%) Full Stack Development
2 1 (5.26%) Fund Accounting
2 1 (5.26%) Migration
2 1 (5.26%) Problem-Solving
2 1 (5.26%) Quantitative Research
2 1 (5.26%) Regulatory Change
2 1 (5.26%) Release Management
2 1 (5.26%) Requirements Gathering
2 1 (5.26%) Risk Management
2 1 (5.26%) Time Management
2 1 (5.26%) Unit Testing
Programming Languages
1 16 (84.21%) Java
2 7 (36.84%) Python
2 7 (36.84%) VBA
3 5 (26.32%) SQL
4 4 (21.05%) C#
4 4 (21.05%) C++
5 1 (5.26%) Clojure
5 1 (5.26%) Groovy
5 1 (5.26%) Scala
Quality Assurance & Compliance
1 1 (5.26%) MiFID
Vendors
1 3 (15.79%) Oracle
2 1 (5.26%) Bloomberg
2 1 (5.26%) Microsoft
2 1 (5.26%) Reuters