Quant Developer
UK
The median Quant Developer daily rate in the UK is £888 according to job vacancies posted during the 6 months to 11 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 11 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 494 | 570 | 728 |
| Rank change year-on-year | +76 | +158 | -153 |
| Contract jobs requiring a Quantitative Developer | 96 | 129 | 116 |
| As % of all contract jobs advertised in the UK | 0.22% | 0.22% | 0.13% |
| As % of the Job Titles category | 0.24% | 0.24% | 0.14% |
| Number of daily rates quoted | 78 | 94 | 104 |
| 10th Percentile | £688 | £675 | £675 |
| 25th Percentile | £753 | £763 | £688 |
| Median daily rate (50th Percentile) | £888 | £860 | £750 |
| Median % change year-on-year | +3.20% | +14.67% | +7.14% |
| 75th Percentile | £1,038 | £950 | £875 |
| 90th Percentile | £1,250 | £1,188 | £922 |
| UK excluding London median daily rate | - | £1,125 | £750 |
| % change year-on-year | - | +50.00% | - |
All Contract IT Job Vacancies
UK
The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 the UK with a recognized job title | 39,895 | 54,705 | 83,445 |
| % of contract IT jobs with a recognized job title | 92.77% | 94.63% | 95.43% |
| Number of daily rates quoted | 25,959 | 38,196 | 58,620 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,673 | 1,532 | 2,041 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.75 |
| Median hourly rate | £37.50 | £45.00 | £23.91 |
| Median % change year-on-year | -16.67% | +88.21% | +6.27% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.90 | £76.00 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.43 | £20.00 |
| % change year-on-year | -5.73% | +112.16% | +5.26% |
Quantitative Developer
Job Vacancy Trend
Job postings that featured Quantitative Developer in the job title as a proportion of all IT jobs advertised.
Quantitative Developer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Quantitative Developer.
Quantitative Developer
Daily Rate Histogram
Daily rate distribution for jobs citing Quantitative Developer over the 6 months to 11 May 2024.
Quantitative Developer
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Quantitative Developer.
Quantitative Developer
Top 5 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Developer within the UK over the 6 months to 11 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 |
|---|---|---|---|---|---|
| England | +74 | 96 | £888 | +3.20% | 57 |
| London | +74 | 95 | £888 | +4.41% | 56 |
| Work from Home | +117 | 47 | £856 | -2.70% | 21 |
| UK excluding London | +45 | 1 | - | - | |
| South East | +12 | 1 | - | - |
Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 11 May 2024, 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 job ads featuring Quantitative Developer in the job title.
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Quantitative Developer Skill Set
Co-occurring Skills and Capabilities 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:
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