Solace
UK

The table below provides summary statistics for contract job vacancies with 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 5 May 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
5 May 2024
Same period 2023 Same period 2022
Rank 576 637 828
Rank change year-on-year +61 +191 -155
Contract jobs citing Solace 24 79 35
As % of all contract jobs advertised in the UK 0.056% 0.13% 0.039%
As % of the Vendors category 0.13% 0.31% 0.099%
Number of daily rates quoted 21 66 25
10th Percentile £453 £445 £483
25th Percentile £575 £600 £503
Median daily rate (50th Percentile) £850 £700 £580
Median % change year-on-year +21.43% +20.69% -14.07%
75th Percentile £875 £750 £638
90th Percentile £1,200 - £800
UK excluding London median daily rate £442 £750 £495
% change year-on-year -41.13% +51.52% +13.66%

All Vendors
UK

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 requirement for knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,383 25,346 35,400
As % of all contract IT jobs advertised in the UK 42.59% 42.91% 39.90%
Number of daily rates quoted 11,390 16,954 23,530
10th Percentile £263 £272 £290
25th Percentile £404 £413 £413
Median daily rate (50th Percentile) £515 £525 £525
Median % change year-on-year -1.90% - +10.53%
75th Percentile £627 £647 £635
90th Percentile £738 £743 £725
UK excluding London median daily rate £500 £500 £465
% change year-on-year - +7.53% +9.41%
Number of hourly rates quoted 1,115 695 889
10th Percentile £12.13 £15.21 £11.89
25th Percentile £14.48 £18.79 £15.04
Median hourly rate £22.15 £42.50 £21.50
Median % change year-on-year -47.88% +97.67% -2.27%
75th Percentile £57.50 £65.00 £47.25
90th Percentile £70.00 £75.45 £61.83
UK excluding London median hourly rate £21.46 £37.50 £18.70
% change year-on-year -42.77% +100.53% +1.08%

Solace
Job Vacancy Trend

Job postings citing Solace as a proportion of all IT jobs advertised.

Job vacancy trend for Solace in the UK

Solace
Contractor Daily Rate Trend

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

Daily rate trend for Solace in the UK

Solace
Daily Rate Histogram

Daily rate distribution for jobs citing Solace over the 6 months to 5 May 2024.

Daily rate histogram for Solace in the UK

Solace
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solace within the UK over the 6 months to 5 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 +82 20 £850 +30.77% 1
London +84 14 £850 +25.93% 1
Work from Home +116 7 £963 +48.08% 3
UK excluding London +30 7 £442 -41.13% 3
North of England +23 6 £430 -3.37%
Yorkshire - 6 £430 -
Scotland +22 1 £600 -20.00%

Solace
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:

Application Platforms
1 1 (4.17%) MQSeries
1 1 (4.17%) SharePoint
Business Applications
1 2 (8.33%) RMDS
2 1 (4.17%) Dynamics AX
2 1 (4.17%) Dynamics CRM
2 1 (4.17%) Markit EDM
Cloud Services
1 1 (4.17%) AWS
1 1 (4.17%) Azure
1 1 (4.17%) Azure Synapse Analytics
1 1 (4.17%) Dynamics 365
1 1 (4.17%) GCP
1 1 (4.17%) iPaaS
1 1 (4.17%) Power Platform
1 1 (4.17%) PowerApps
Communications & Networking
1 8 (33.33%) SSL
Database & Business Intelligence
1 8 (33.33%) KDB
2 2 (8.33%) Hazelcast
2 2 (8.33%) MongoDB
2 2 (8.33%) NoSQL
General
1 14 (58.33%) Analytical Skills
2 11 (45.83%) Banking
2 11 (45.83%) Finance
3 5 (20.83%) Social Skills
4 4 (16.67%) Investment Banking
5 2 (8.33%) Public Sector
6 1 (4.17%) Front Office
Job Titles
1 10 (41.67%) Developer
2 9 (37.50%) Java Developer
3 6 (25.00%) Low Latency Java Developer
3 6 (25.00%) Senior
3 6 (25.00%) Senior Developer
3 6 (25.00%) Senior Java Developer
4 4 (16.67%) Lead
5 3 (12.50%) Administrator
6 2 (8.33%) Build Engineer
6 2 (8.33%) Investment Banking Java Developer
6 2 (8.33%) Java Engineer
6 2 (8.33%) Java Software Engineer
6 2 (8.33%) Software Engineer
7 1 (4.17%) Architect
7 1 (4.17%) Azure Architect
7 1 (4.17%) Java Quantitative Developer
7 1 (4.17%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 9 (37.50%) FIX Protocol
1 9 (37.50%) Kafka
2 8 (33.33%) ActiveMQ
3 7 (29.17%) Middleware
3 7 (29.17%) Rendezvous
4 4 (16.67%) HTML
4 4 (16.67%) HTML5
4 4 (16.67%) React
5 3 (12.50%) Ultra Messaging
5 3 (12.50%) XML
6 2 (8.33%) Guice
6 2 (8.33%) OpenFin
7 1 (4.17%) .NET
7 1 (4.17%) J2EE
7 1 (4.17%) Spring
Miscellaneous
1 10 (41.67%) Foreign Exchange (FX)
2 6 (25.00%) Self-Motivation
3 4 (16.67%) Fixed Income
3 4 (16.67%) Management Information System
4 2 (8.33%) Distributed Computing
5 1 (4.17%) Equities
Operating Systems
1 16 (66.67%) Linux
2 10 (41.67%) Windows
3 9 (37.50%) Unix
Processes & Methodologies
1 14 (58.33%) Low Latency
2 11 (45.83%) Electronic Trading
3 10 (41.67%) CI/CD
3 10 (41.67%) DevOps
3 10 (41.67%) Problem-Solving
4 8 (33.33%) Change Management
4 8 (33.33%) ITIL
4 8 (33.33%) ITSM
4 8 (33.33%) SDLC
5 6 (25.00%) OO
5 6 (25.00%) Ultra-Low Latency
6 4 (16.67%) Algorithmic Trading
6 4 (16.67%) E-Commerce
6 4 (16.67%) Migration
6 4 (16.67%) Performance Optimisation
7 3 (12.50%) Analytics
7 3 (12.50%) Event-Driven
8 2 (8.33%) Automated Trading
8 2 (8.33%) Backtesting
8 2 (8.33%) Event-Driven Programming
Programming Languages
1 13 (54.17%) Java
2 4 (16.67%) Python
2 4 (16.67%) SQL
3 3 (12.50%) Perl
3 3 (12.50%) PowerShell
3 3 (12.50%) Shell Script
4 2 (8.33%) JavaScript
4 2 (8.33%) Scala
Qualifications
1 3 (12.50%) CCNA
1 3 (12.50%) Cisco Certification
Systems Management
1 8 (33.33%) Ansible
2 3 (12.50%) ITRS Geneos
Vendors
1 10 (41.67%) IBM
1 10 (41.67%) TIBCO
2 8 (33.33%) ServiceNow
3 3 (12.50%) Cisco
3 3 (12.50%) Google
4 2 (8.33%) Bloomberg
4 2 (8.33%) ION Trading
4 2 (8.33%) Oracle
5 1 (4.17%) Microsoft
5 1 (4.17%) MuleSoft
5 1 (4.17%) SAP