Hedge funds Contracts with Work from Home Options

Hedge fund
UK > Work from Home

The table below looks at the prevalence of the term Hedge funds in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Hedge funds over the 6 months to 10 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 149 384 385
Rank change year-on-year +235 +1 -12
Contract jobs citing Hedge funds 220 82 250
As % of all contract jobs with a WFH option 1.46% 0.33% 0.57%
As % of the Miscellaneous category 5.11% 1.04% 1.81%
Number of daily rates quoted 209 79 147
10th Percentile £588 £448 £433
25th Percentile £688 £500 £438
Median daily rate (50th Percentile) £800 £600 £550
Median % change year-on-year +33.33% +9.09% -8.33%
75th Percentile £888 £799 £694
90th Percentile - £825 £823
UK median daily rate £725 £575 £625
% change year-on-year +26.09% -8.00% +4.17%

All Generic Skills
Work from Home

Hedge funds is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,308 7,894 13,801
As % of all contract jobs with a WFH option 28.64% 31.50% 31.44%
Number of daily rates quoted 2,947 5,553 9,853
10th Percentile £325 £363 £360
25th Percentile £432 £455 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £686 £650
90th Percentile £800 £797 £750
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 189 151 222
10th Percentile £15.48 £19.00 £12.26
25th Percentile £25.50 £25.71 £20.75
Median hourly rate £51.00 £55.00 £44.50
Median % change year-on-year -7.27% +23.60% +29.93%
75th Percentile £67.50 £70.00 £59.69
90th Percentile £72.50 £85.00 £66.00
UK median hourly rate £31.25 £22.45 £27.50
% change year-on-year +39.21% -18.37% +4.47%

Hedge funds
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Hedge funds as a proportion of all IT jobs advertised.

Hedge funds trend for jobs with a WFH option

Hedge funds
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Hedge funds.

Hedge funds daily rate for jobs with a WFH option

Hedge funds
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Hedge funds over the 6 months to 10 May 2024.

Hedge funds daily rate histogram for jobs with a WFH option

Hedge funds
Co-occurring Skills and Capabilities with WFH Options 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 90 (40.91%) Apache Airflow
2 72 (32.73%) Apache
3 2 (0.91%) Apache Spark
4 1 (0.45%) Microsoft Exchange
4 1 (0.45%) SharePoint
4 1 (0.45%) Skype for Business
Applications
1 3 (1.36%) Microsoft Excel
2 1 (0.45%) Microsoft Office
Business Applications
1 3 (1.36%) Orchestrade
2 1 (0.45%) Endur
Cloud Services
1 129 (58.64%) AWS
2 89 (40.45%) dbt
3 82 (37.27%) Snowflake
4 55 (25.00%) GCP
5 25 (11.36%) Azure
6 2 (0.91%) Cloud Computing
6 2 (0.91%) Entra ID
6 2 (0.91%) Microsoft 365
7 1 (0.45%) Azure DevOps
7 1 (0.45%) Azure Functions
7 1 (0.45%) Sentry
7 1 (0.45%) Serverless
Communications & Networking
1 1 (0.45%) FIX Connectivity
1 1 (0.45%) Skype
1 1 (0.45%) SSL
1 1 (0.45%) WebEx
Database & Business Intelligence
1 89 (40.45%) Amazon Athena
1 89 (40.45%) Apache Arrow
1 89 (40.45%) Dremio
2 80 (36.36%) Data Lake
3 72 (32.73%) Apache Ignite
4 16 (7.27%) Big Data
5 3 (1.36%) Data Warehouse
5 3 (1.36%) SQL Server
6 2 (0.91%) PostgreSQL
6 2 (0.91%) RDBMS
6 2 (0.91%) Relational Database
6 2 (0.91%) SQL Server Integration Services
6 2 (0.91%) SQL Server Reporting Services
7 1 (0.45%) Amazon RDS
7 1 (0.45%) Hadoop
7 1 (0.45%) MongoDB
7 1 (0.45%) MySQL
7 1 (0.45%) NoSQL
Development Applications
1 1 (0.45%) Git
1 1 (0.45%) GitLab
1 1 (0.45%) Jenkins
1 1 (0.45%) JIRA
General
1 187 (85.00%) Finance
2 152 (69.09%) Front Office
3 119 (54.09%) Banking
4 77 (35.00%) Investment Banking
5 38 (17.27%) Back Office
6 8 (3.64%) Social Skills
7 7 (3.18%) Analytical Skills
8 1 (0.45%) Financial Institution
Job Titles
1 73 (33.18%) Developer
2 55 (25.00%) Senior
3 48 (21.82%) Software Engineer
4 43 (19.55%) Analyst
5 41 (18.64%) Lead
6 40 (18.18%) AWS Engineer
7 34 (15.45%) Finance Manager
8 33 (15.00%) Financial Analyst
9 31 (14.09%) Java Engineer
10 30 (13.64%) Python Engineer
11 29 (13.18%) Python Developer
12 28 (12.73%) Java Software Engineer
12 28 (12.73%) Python Software Engineer
13 26 (11.82%) Senior Software Engineer
14 24 (10.91%) AWS Software Engineer
14 24 (10.91%) Developer/Software Engineer
14 24 (10.91%) Software Developer
15 23 (10.45%) Lead Developer
15 23 (10.45%) Quantitative Developer
15 23 (10.45%) Team Leader
Libraries, Frameworks & Software Standards
1 89 (40.45%) gRPC
1 89 (40.45%) Protocol Buffers
2 73 (33.18%) Pandas
3 72 (32.73%) NumPy
3 72 (32.73%) SciPy
4 13 (5.91%) React
5 10 (4.55%) AngularJS
6 8 (3.64%) .NET
7 5 (2.27%) Redux
8 4 (1.82%) CSS
8 4 (1.82%) HTML
8 4 (1.82%) Kafka
9 3 (1.36%) ASP.NET
9 3 (1.36%) ASP.NET Core
9 3 (1.36%) Web Services
10 2 (0.91%) CSS3
10 2 (0.91%) HTML5
10 2 (0.91%) NgRx
10 2 (0.91%) RxJS
10 2 (0.91%) Spark Streaming
Miscellaneous
1 156 (70.91%) Derivative
2 115 (52.27%) Equities
3 111 (50.45%) Fixed Income
4 85 (38.64%) Foreign Exchange (FX)
5 14 (6.36%) Clustering
6 13 (5.91%) Product Ownership
7 11 (5.00%) Algorithms
8 10 (4.55%) Greenfield Project
9 8 (3.64%) Equity Derivative
9 8 (3.64%) Pricing Data
10 6 (2.73%) Credit Derivative
11 2 (0.91%) Data Structures
12 1 (0.45%) Legacy Systems
12 1 (0.45%) Renewable Energy
Operating Systems
1 4 (1.82%) Windows
2 3 (1.36%) Linux
3 2 (0.91%) Windows 10
3 2 (0.91%) Windows Server
4 1 (0.45%) Apple iOS
Processes & Methodologies
1 162 (73.64%) Asset Management
2 146 (66.36%) Investment Management
3 104 (47.27%) Agile
4 96 (43.64%) Software Engineering
5 40 (18.18%) Mentoring
6 30 (13.64%) Line Management
7 28 (12.73%) Analytics
7 28 (12.73%) Greeks
8 19 (8.64%) DevOps
8 19 (8.64%) Product Management
9 16 (7.27%) Quantitative Research
9 16 (7.27%) Site Reliability Engineering
10 13 (5.91%) Artificial Intelligence
10 13 (5.91%) Machine Learning
11 10 (4.55%) Algorithmic Trading
11 10 (4.55%) Full Stack Development
11 10 (4.55%) Systematic Trading
12 8 (3.64%) Low Latency
13 7 (3.18%) Mathematics
13 7 (3.18%) Physics
Programming Languages
1 172 (78.18%) Python
2 98 (44.55%) Java
3 94 (42.73%) JavaScript
4 78 (35.45%) TypeScript
5 58 (26.36%) SQL
6 52 (23.64%) C#
7 21 (9.55%) C++
8 20 (9.09%) R
9 15 (6.82%) Go
10 9 (4.09%) Scala
11 6 (2.73%) Ruby
12 5 (2.27%) PowerShell
13 2 (0.91%) F#
14 1 (0.45%) Bash
14 1 (0.45%) Kotlin
14 1 (0.45%) Perl
14 1 (0.45%) T-SQL
14 1 (0.45%) VBA
Qualifications
1 7 (3.18%) Degree
2 4 (1.82%) Numerate Degree
Quality Assurance & Compliance
1 28 (12.73%) Data Quality
2 7 (3.18%) QA
3 4 (1.82%) MiFID
4 1 (0.45%) EMIR
4 1 (0.45%) FATCA
System Software
1 4 (1.82%) Active Directory
2 1 (0.45%) Docker
Systems Management
1 16 (7.27%) Kubernetes
2 15 (6.82%) Prometheus
2 15 (6.82%) Terraform
3 1 (0.45%) Grafana
3 1 (0.45%) Nagios
3 1 (0.45%) Single Sign-On
Vendors
1 16 (7.27%) Bloomberg
2 4 (1.82%) Microsoft
3 2 (0.91%) Reuters
4 1 (0.45%) Atlassian
4 1 (0.45%) Citrix
4 1 (0.45%) Murex
4 1 (0.45%) OpenLink
4 1 (0.45%) Oracle
4 1 (0.45%) Splunk
4 1 (0.45%) Sybase