Multithreading Contracts with Work from Home Options

Multithreaded
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for Multithreading skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Multithreading over the 6 months to 20 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 291 245 312
Rank change year-on-year -46 +67 -6
Contract jobs citing Multithreading 50 222 345
As % of all contract jobs with a WFH option 0.34% 0.90% 0.78%
As % of the Processes & Methodologies category 0.39% 1.00% 0.85%
Number of daily rates quoted 34 211 300
10th Percentile £463 £600 £513
25th Percentile £569 £688 £605
Median daily rate (50th Percentile) £700 £750 £700
Median % change year-on-year -6.67% +7.14% +14.75%
75th Percentile £734 £856 £788
90th Percentile £1,100 £963 £851
UK median daily rate £700 £750 £738
% change year-on-year -6.67% +1.69% +13.46%
Number of hourly rates quoted 0 0 2
10th Percentile - - £47.63
25th Percentile - - £49.69
Median hourly rate - - £53.75
75th Percentile - - £57.19
90th Percentile - - £58.88
UK median hourly rate £60.00 £50.00 £60.00
% change year-on-year +20.00% -16.67% +33.33%

All Process and Methodology Skills
Work from Home

Multithreading 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 WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 12,942 22,217 40,480
As % of all contract jobs with a WFH option 87.90% 89.66% 91.06%
Number of daily rates quoted 8,728 15,724 29,400
10th Percentile £325 £363 £363
25th Percentile £425 £450 £433
Median daily rate (50th Percentile) £525 £544 £525
Median % change year-on-year -3.49% +3.62% +7.14%
75th Percentile £638 £650 £633
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +7.07%
Number of hourly rates quoted 567 510 538
10th Percentile £14.70 £18.63 £14.50
25th Percentile £24.13 £26.46 £20.75
Median hourly rate £43.00 £52.50 £39.50
Median % change year-on-year -18.10% +32.91% +64.58%
75th Percentile £60.00 £68.75 £57.50
90th Percentile £75.00 £80.00 £72.50
UK median hourly rate £36.50 £36.00 £25.68
% change year-on-year +1.39% +40.19% +7.00%

Multithreading
Trend for Jobs with a WFH Option

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

Multithreading trend for jobs with a WFH option

Multithreading
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 Multithreading.

Multithreading daily rate for jobs with a WFH option

Multithreading
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Multithreading over the 6 months to 20 May 2024.

Multithreading daily rate histogram for jobs with a WFH option

Multithreading
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Multithreading.

Multithreading hourly rate for jobs with a WFH option

Multithreading
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 3 (6.00%) CMS
1 3 (6.00%) Confluence
1 3 (6.00%) Headless CMS
2 2 (4.00%) BizTalk Server
2 2 (4.00%) nginx
2 2 (4.00%) Tomcat
3 1 (2.00%) MQSeries
Applications
1 8 (16.00%) Microsoft Excel
Business Applications
1 6 (12.00%) SAP S/4HANA
Cloud Services
1 12 (24.00%) Azure
2 6 (12.00%) AWS
3 2 (4.00%) Amazon ElastiCache
3 2 (4.00%) Amazon OpenSearch
3 2 (4.00%) Amazon SQS
3 2 (4.00%) AWS Lambda
3 2 (4.00%) Azure Cosmos DB
3 2 (4.00%) Azure Functions
3 2 (4.00%) Azure Logic Apps
3 2 (4.00%) Azure Storage
3 2 (4.00%) Serverless
Communications & Networking
1 2 (4.00%) HTTP
2 1 (2.00%) Internet
Database & Business Intelligence
1 8 (16.00%) SQL Server
2 4 (8.00%) KDB
3 2 (4.00%) Amazon Aurora
3 2 (4.00%) Amazon RDS
3 2 (4.00%) Azure SQL Database
3 2 (4.00%) Elasticsearch
3 2 (4.00%) MongoDB
3 2 (4.00%) PostgreSQL
Development Applications
1 3 (6.00%) Git
1 3 (6.00%) Jenkins
1 3 (6.00%) JIRA
2 2 (4.00%) Bitbucket
2 2 (4.00%) Cucumber
2 2 (4.00%) EasyMock
2 2 (4.00%) JUnit
2 2 (4.00%) Maven
2 2 (4.00%) Mockito
2 2 (4.00%) Postman
2 2 (4.00%) Selenium
2 2 (4.00%) SonarQube
2 2 (4.00%) TestNG
General
1 17 (34.00%) Front Office
2 10 (20.00%) Banking
3 7 (14.00%) Finance
3 7 (14.00%) Social Skills
4 6 (12.00%) Investment Banking
5 4 (8.00%) French Language
6 2 (4.00%) Analytical Skills
6 2 (4.00%) Manufacturing
7 1 (2.00%) Financial Institution
Job Titles
1 31 (62.00%) Developer
2 17 (34.00%) Java Developer
3 9 (18.00%) Front Office Developer
3 9 (18.00%) Senior
4 8 (16.00%) C# Developer
5 5 (10.00%) IT Manager
5 5 (10.00%) Project Manager
5 5 (10.00%) Senior Developer
5 5 (10.00%) Senior Java Developer
5 5 (10.00%) Software Engineer
6 4 (8.00%) Electronic Trading Developer
6 4 (8.00%) Electronic Trading Java Developer
7 3 (6.00%) Integration Manager
7 3 (6.00%) Investment Banking Java Developer
7 3 (6.00%) iOS Software Engineer
7 3 (6.00%) Programme Manager
7 3 (6.00%) Senior Manager
7 3 (6.00%) Senior Project Manager
7 3 (6.00%) Senior Technical Manager
7 3 (6.00%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 8 (16.00%) Spring
2 6 (12.00%) CSS
2 6 (12.00%) HTML
2 6 (12.00%) REST
3 5 (10.00%) AngularJS
3 5 (10.00%) GraphQL
4 4 (8.00%) iOS SDK
4 4 (8.00%) Kafka
4 4 (8.00%) Spring Boot
5 3 (6.00%) HTML5
5 3 (6.00%) Next.js
5 3 (6.00%) Web Services
6 2 (4.00%) .NET Core
6 2 (4.00%) Gherkin
6 2 (4.00%) JAX-RS
6 2 (4.00%) Jest
6 2 (4.00%) Keycloak
6 2 (4.00%) Nuxt
6 2 (4.00%) OpenAPI
6 2 (4.00%) WireMock
Miscellaneous
1 12 (24.00%) Distributed Systems
2 9 (18.00%) Derivative
3 8 (16.00%) Equity Derivative
3 8 (16.00%) FMCG
4 7 (14.00%) Foreign Exchange (FX)
5 4 (8.00%) Equities
5 4 (8.00%) Fixed Income
5 4 (8.00%) iPad
5 4 (8.00%) iPhone
6 3 (6.00%) Legacy Systems
7 2 (4.00%) Algorithms
7 2 (4.00%) Cloud Native
7 2 (4.00%) Industry 4.0
7 2 (4.00%) Mobile App
8 1 (2.00%) Data Structures
8 1 (2.00%) Embedded Systems
8 1 (2.00%) Greenfield Project
8 1 (2.00%) Legacy Applications
8 1 (2.00%) Self-Motivation
8 1 (2.00%) Smartphone
Operating Systems
1 5 (10.00%) Windows
2 4 (8.00%) Apple iOS
2 4 (8.00%) Linux
3 1 (2.00%) Unix
Processes & Methodologies
1 12 (24.00%) Agile
2 10 (20.00%) Performance Monitoring
2 10 (20.00%) Requirements Gathering
2 10 (20.00%) Software Engineering
3 9 (18.00%) Low Latency
3 9 (18.00%) Mathematics
3 9 (18.00%) Risk Management
4 8 (16.00%) Electronic Trading
4 8 (16.00%) ERP
4 8 (16.00%) Greeks
4 8 (16.00%) Multithreaded Programming
5 6 (12.00%) B2B
5 6 (12.00%) Budgeting
5 6 (12.00%) Business Transformation
5 6 (12.00%) OO
5 6 (12.00%) Problem-Solving
5 6 (12.00%) Unit Testing
6 5 (10.00%) Analytics
6 5 (10.00%) Memory Management
6 5 (10.00%) Microservices
Programming Languages
1 20 (40.00%) Java
2 13 (26.00%) Python
3 10 (20.00%) C#
4 9 (18.00%) C++
5 5 (10.00%) C
5 5 (10.00%) JavaScript
6 4 (8.00%) Objective-C
6 4 (8.00%) SQL
6 4 (8.00%) Swift
7 3 (6.00%) Bash
8 2 (4.00%) Go
8 2 (4.00%) PL/SQL
8 2 (4.00%) T-SQL
8 2 (4.00%) TypeScript
9 1 (2.00%) Perl
9 1 (2.00%) Scala
Qualifications
1 6 (12.00%) SC Cleared
1 6 (12.00%) Security Cleared
2 3 (6.00%) Degree
3 1 (2.00%) Computer Science Degree
3 1 (2.00%) Master's Degree
Quality Assurance & Compliance
1 10 (20.00%) SLA
System Software
1 2 (4.00%) Docker
Systems Management
1 4 (8.00%) Kubernetes
2 2 (4.00%) Ansible
2 2 (4.00%) Kustomize
2 2 (4.00%) Packer
2 2 (4.00%) Terraform
Vendors
1 6 (12.00%) SAP
2 2 (4.00%) ION Trading
2 2 (4.00%) MuleSoft
2 2 (4.00%) Oracle
2 2 (4.00%) Red Hat
3 1 (2.00%) IBM
3 1 (2.00%) Solace
3 1 (2.00%) TIBCO