Low Latency Contracts in the UK excluding London

Low Latency
UK > UK excluding London

The following table provides summary statistics for contract job vacancies advertised in the UK excluding London with a requirement for Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Low Latency over the 6 months to 18 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 371 398 442
Rank change year-on-year +27 +44 -36
Contract jobs citing Low Latency 14 46 69
As % of all contract jobs advertised in the UK excluding London 0.069% 0.20% 0.23%
As % of the Processes & Methodologies category 0.082% 0.22% 0.25%
Number of daily rates quoted 12 38 21
10th Percentile £487 £250 -
25th Percentile £511 £450 £400
Median daily rate (50th Percentile) £538 £596 £540
Median % change year-on-year -9.85% +10.42% +24.14%
75th Percentile £595 £750 £730
90th Percentile £656 - £750
UK median daily rate £751 £740 £750
% change year-on-year +1.42% -1.33% +11.11%
Number of hourly rates quoted 1 0 0
Median hourly rate £83.00 - -
UK median hourly rate £83.00 - -

All Process and Methodology Skills
UK excluding London

Low Latency 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 the UK excluding London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 17,112 20,583 27,136
As % of all contract IT jobs advertised in the UK excluding London 84.30% 89.45% 89.10%
Number of daily rates quoted 10,220 14,187 18,951
10th Percentile £250 £258 £235
25th Percentile £381 £400 £388
Median daily rate (50th Percentile) £500 £500 £480
Median % change year-on-year - +4.17% +9.09%
75th Percentile £600 £600 £575
90th Percentile £688 £688 £656
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +7.07%
Number of hourly rates quoted 2,064 1,254 1,350
10th Percentile £12.35 £10.63 £12.25
25th Percentile £15.25 £15.25 £14.25
Median hourly rate £37.50 £35.00 £20.00
Median % change year-on-year +7.14% +75.00% -4.99%
75th Percentile £61.30 £65.00 £47.25
90th Percentile £72.50 £73.74 £61.52
UK median hourly rate £36.05 £36.00 £25.68
% change year-on-year +0.13% +40.19% +7.00%

Low Latency
Job Vacancy Trend in the UK excluding London

Job postings citing Low Latency as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Low Latency in the UK excluding London

Low Latency
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Low Latency in the UK excluding London.

Daily rate trend for Low Latency in the UK excluding London

Low Latency
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Low Latency in the UK excluding London over the 6 months to 18 May 2024.

Daily rate histogram for Low Latency in the UK excluding London

Low Latency
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Low Latency in the UK excluding London.

Hourly rate trend for Low Latency in the UK excluding London

Low Latency
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Low Latency within the UK excluding London region over the 6 months to 18 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
North of England +29 6 £575 +35.29% 4
South West - 6 £525 - 10
North West +17 5 £575 +37.31% 4
Scotland +21 1 £780 +4.00% 2
Midlands +20 1 £550 +22.22% 2
Yorkshire +15 1 - -
East Midlands - 1 £550 -
Low Latency
UK

Low Latency
Co-occurring Skills and Capabilities in the UK excluding 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:

Application Platforms
1 1 (7.14%) Apache Spark
1 1 (7.14%) Ethereum
1 1 (7.14%) MetaMask
1 1 (7.14%) Tomcat
1 1 (7.14%) WebSphere
Cloud Services
1 4 (28.57%) Azure
2 3 (21.43%) AWS
2 3 (21.43%) Power Platform
3 2 (14.29%) Azure Data Factory
4 1 (7.14%) GitHub
Communications & Networking
1 1 (7.14%) F5 BIG-IP LTM
1 1 (7.14%) HTTP
1 1 (7.14%) NetScaler
1 1 (7.14%) SAN
1 1 (7.14%) SSL
1 1 (7.14%) TCP/IP
Database & Business Intelligence
1 4 (28.57%) SQL Server
2 3 (21.43%) NoSQL
2 3 (21.43%) Power BI
2 3 (21.43%) Relational Database
2 3 (21.43%) SQL Server Integration Services
3 2 (14.29%) Microsoft Analysis Services
3 2 (14.29%) SQL Server Analysis Services
3 2 (14.29%) Tableau
4 1 (7.14%) Apache Cassandra
4 1 (7.14%) Big Data
4 1 (7.14%) Data Warehouse
4 1 (7.14%) Elasticsearch
4 1 (7.14%) Flink
4 1 (7.14%) Redis
Development Applications
1 3 (21.43%) Git
2 2 (14.29%) Jenkins
3 1 (7.14%) GitLab
3 1 (7.14%) JUnit
3 1 (7.14%) Maven
3 1 (7.14%) Visual Studio Code
General
1 5 (35.71%) Banking
1 5 (35.71%) Finance
2 4 (28.57%) Analytical Skills
3 3 (21.43%) Social Skills
3 3 (21.43%) Telecoms
4 1 (7.14%) Documentation Skills
Job Titles
1 8 (57.14%) Developer
2 5 (35.71%) Java Developer
3 4 (28.57%) Data Engineer
4 3 (21.43%) Python Developer
4 3 (21.43%) Senior
4 3 (21.43%) Senior Developer
4 3 (21.43%) Senior Java Developer
5 1 (7.14%) 3rd Line Engineer
5 1 (7.14%) Blockchain Engineer
5 1 (7.14%) Blockchain Software Engineer
5 1 (7.14%) Linux Developer
5 1 (7.14%) Linux Engineer
5 1 (7.14%) Low Latency Java Developer
5 1 (7.14%) Power BI Engineer
5 1 (7.14%) Python Engineer
5 1 (7.14%) Software Engineer
5 1 (7.14%) Unix Developer
Libraries, Frameworks & Software Standards
1 3 (21.43%) Spring
2 2 (14.29%) Kafka
3 1 (7.14%) ActiveMQ
3 1 (7.14%) CSS
3 1 (7.14%) CSS3
3 1 (7.14%) HTML
3 1 (7.14%) HTML5
3 1 (7.14%) JMS
3 1 (7.14%) JSON
3 1 (7.14%) REST
3 1 (7.14%) Smart Contracts
3 1 (7.14%) Spark Streaming
3 1 (7.14%) Spring Boot
3 1 (7.14%) Truffle
3 1 (7.14%) web3js
Miscellaneous
1 5 (35.71%) Data Structures
2 2 (14.29%) Algorithms
2 2 (14.29%) Derivative
2 2 (14.29%) Self-Motivation
3 1 (7.14%) Blockchain
3 1 (7.14%) Distributed Systems
Operating Systems
1 4 (28.57%) Linux
2 3 (21.43%) Unix
Processes & Methodologies
1 5 (35.71%) Microservices
2 3 (21.43%) Containerisation
2 3 (21.43%) Continuous Integration
2 3 (21.43%) Dashboard Development
2 3 (21.43%) Deployment Automation
2 3 (21.43%) Design Patterns
2 3 (21.43%) Multithreading
2 3 (21.43%) OOP
2 3 (21.43%) Performance Optimisation
2 3 (21.43%) Statistics
2 3 (21.43%) Translating Business Requirements
2 3 (21.43%) Unit Testing
2 3 (21.43%) Visualisation
3 2 (14.29%) Business Intelligence
3 2 (14.29%) CI/CD
3 2 (14.29%) Data Modelling
3 2 (14.29%) ETL
3 2 (14.29%) OO
3 2 (14.29%) Problem-Solving
3 2 (14.29%) TDD
Programming Languages
1 6 (42.86%) Java
2 5 (35.71%) Python
3 2 (14.29%) Bash
3 2 (14.29%) SQL
3 2 (14.29%) T-SQL
4 1 (7.14%) JavaScript
4 1 (7.14%) Perl
4 1 (7.14%) Solidity
Qualifications
1 3 (21.43%) Degree
1 3 (21.43%) DV Cleared
1 3 (21.43%) SC Cleared
1 3 (21.43%) Security Cleared
2 1 (7.14%) Computer Science Degree
Quality Assurance & Compliance
1 3 (21.43%) QA
System Software
1 3 (21.43%) Docker
Systems Management
1 3 (21.43%) Kubernetes
Vendors
1 1 (7.14%) Databricks
1 1 (7.14%) F5
1 1 (7.14%) Oracle
1 1 (7.14%) Red Hat