Ultra-Low Latency
UK
The following table provides summary statistics for contract job vacancies with a requirement for Ultra-Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Ultra-Low Latency over the 6 months to 10 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 10 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 574 | 696 | 823 |
| Rank change year-on-year | +122 | +127 | -141 |
| Contract jobs citing Ultra-Low Latency | 8 | 7 | 16 |
| As % of all contract jobs advertised in the UK | 0.019% | 0.012% | 0.018% |
| As % of the Processes & Methodologies category | 0.022% | 0.013% | 0.020% |
| Number of daily rates quoted | 8 | 7 | 16 |
| 10th Percentile | £780 | £705 | £594 |
| 25th Percentile | £814 | £750 | £747 |
| Median daily rate (50th Percentile) | £850 | £800 | £838 |
| Median % change year-on-year | +6.25% | -4.48% | +15.52% |
| 75th Percentile | £875 | £944 | £897 |
| 90th Percentile | - | £1,000 | £950 |
| UK excluding London median daily rate | £780 | - | £400 |
All Process and Methodology Skills
UK
Ultra-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 with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 37,090 | 51,996 | 79,100 |
| As % of all contract IT jobs advertised in the UK | 86.26% | 89.82% | 90.61% |
| Number of daily rates quoted | 23,884 | 36,030 | 55,497 |
| 10th Percentile | £300 | £325 | £343 |
| 25th Percentile | £413 | £438 | £427 |
| Median daily rate (50th Percentile) | £525 | £550 | £530 |
| Median % change year-on-year | -4.55% | +3.77% | +8.72% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £475 |
| % change year-on-year | - | +5.26% | +8.57% |
| Number of hourly rates quoted | 2,438 | 1,721 | 1,893 |
| 10th Percentile | £12.75 | £11.00 | £12.50 |
| 25th Percentile | £16.00 | £16.13 | £15.50 |
| Median hourly rate | £36.50 | £36.25 | £25.68 |
| Median % change year-on-year | +0.69% | +41.16% | +4.82% |
| 75th Percentile | £60.00 | £65.00 | £49.50 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £38.06 | £35.00 | £20.00 |
| % change year-on-year | +8.74% | +75.00% | -6.98% |
Ultra-Low Latency
Job Vacancy Trend
Job postings citing Ultra-Low Latency as a proportion of all IT jobs advertised.
Ultra-Low Latency
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Ultra-Low Latency.
Ultra-Low Latency
Top 4 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Ultra-Low Latency within the UK over the 6 months to 10 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 | +96 | 6 | £850 | +6.25% | 13 |
| London | +95 | 6 | £850 | +6.25% | 12 |
| Scotland | - | 2 | £780 | - | |
| UK excluding London | - | 2 | £780 | - | 1 |
Ultra-Low Latency
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: