RAD Contracts with Work from Home Options

Rapid Application Development (RAD)
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 RAD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RAD over the 6 months to 23 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 325 462 598
Rank change year-on-year +137 +136 -113
Contract jobs citing RAD 20 8 18
As % of all contract jobs with a WFH option 0.14% 0.033% 0.041%
As % of the Processes & Methodologies category 0.16% 0.037% 0.045%
Number of daily rates quoted 19 7 9
10th Percentile - £406 -
25th Percentile - £481 £600
Median daily rate (50th Percentile) £600 £570 £725
Median % change year-on-year +5.26% -21.38% +26.09%
75th Percentile £634 £648 £750
90th Percentile £682 £755 £751
UK median daily rate £600 £675 £665
% change year-on-year -11.11% +1.50% +20.36%

All Process and Methodology Skills
Work from Home

RAD 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 12,882 21,904 40,173
As % of all contract jobs with a WFH option 87.90% 89.65% 91.09%
Number of daily rates quoted 8,678 15,514 29,175
10th Percentile £325 £363 £363
25th Percentile £425 £450 £433
Median daily rate (50th Percentile) £525 £545 £525
Median % change year-on-year -3.67% +3.81% +7.14%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £535
% change year-on-year -4.55% +2.80% +8.08%
Number of hourly rates quoted 570 507 533
10th Percentile £14.83 £18.58 £14.30
25th Percentile £24.06 £26.25 £20.75
Median hourly rate £43.00 £52.50 £38.16
Median % change year-on-year -18.10% +37.60% +58.98%
75th Percentile £60.00 £67.50 £57.50
90th Percentile £75.00 £78.00 £70.00
UK median hourly rate £36.00 £36.00 £25.68
% change year-on-year - +40.19% +7.00%

RAD
Trend for Jobs with a WFH Option

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

RAD trend for jobs with a WFH option

RAD
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 RAD.

RAD daily rate for jobs with a WFH option

RAD
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing RAD over the 6 months to 23 May 2024.

RAD daily rate histogram for jobs with a WFH option

RAD
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:

Applications
1 3 (15.00%) Microsoft Excel
2 1 (5.00%) Spreadsheet
Business Applications
1 1 (5.00%) Loan IQ
1 1 (5.00%) SAP CAR
1 1 (5.00%) SAP POS DM
1 1 (5.00%) SAP Retail
1 1 (5.00%) SAP S/4HANA
Cloud Services
1 4 (20.00%) Akamai
1 4 (20.00%) Azure
1 4 (20.00%) Cloudflare
2 1 (5.00%) Azure DevOps
Communications & Networking
1 2 (10.00%) Firewall
1 2 (10.00%) Wireshark
2 1 (5.00%) Network Security
Database & Business Intelligence
1 2 (10.00%) SQL Server
2 1 (5.00%) SAP BW
Development Applications
1 1 (5.00%) Eclipse
General
1 15 (75.00%) Finance
2 13 (65.00%) Banking
2 13 (65.00%) Front Office
2 13 (65.00%) Investment Banking
3 2 (10.00%) Retail
3 2 (10.00%) Social Skills
4 1 (5.00%) Analytical Skills
4 1 (5.00%) Financial Institution
Job Titles
1 14 (70.00%) Developer
2 13 (65.00%) Front Office Developer
2 13 (65.00%) Investment Banking Java Developer
2 13 (65.00%) Java Developer
3 4 (20.00%) Architect
4 3 (15.00%) Enterprise Architect
4 3 (15.00%) Enterprise Security Architect
4 3 (15.00%) Security Architect
5 2 (10.00%) C# Developer
5 2 (10.00%) C# Developer - Investment Banking
5 2 (10.00%) Front Office RAD Developer
5 2 (10.00%) RAD Developer
6 1 (5.00%) Cybersecurity Manager
6 1 (5.00%) Excel Developer
6 1 (5.00%) Excel VBA Developer
6 1 (5.00%) Project Manager - Cybersecurity
6 1 (5.00%) Python Developer
6 1 (5.00%) Security Manager
6 1 (5.00%) Solutions Architect
6 1 (5.00%) VBA Developer
Libraries, Frameworks & Software Standards
1 2 (10.00%) .NET
1 2 (10.00%) .NET Framework
2 1 (5.00%) Apache Camel
Miscellaneous
1 13 (65.00%) Derivative
1 13 (65.00%) Equity Derivative
2 1 (5.00%) Fixed Income
Operating Systems
1 1 (5.00%) Linux
1 1 (5.00%) Windows
Processes & Methodologies
1 3 (15.00%) Requirements Gathering
2 2 (10.00%) Migration
3 1 (5.00%) Agile
3 1 (5.00%) Automated Trading
3 1 (5.00%) Computer Science
3 1 (5.00%) Continuous Deployment
3 1 (5.00%) Continuous Integration
3 1 (5.00%) Cybersecurity
3 1 (5.00%) Data Migration
3 1 (5.00%) Decision-Making
3 1 (5.00%) DevOps
3 1 (5.00%) Financial Modelling
3 1 (5.00%) Mentoring
3 1 (5.00%) OO
3 1 (5.00%) OOP
3 1 (5.00%) Performance Optimisation
3 1 (5.00%) Problem-Solving
3 1 (5.00%) SSADM
3 1 (5.00%) UML
3 1 (5.00%) Waterfall
Programming Languages
1 14 (70.00%) Java
2 3 (15.00%) Python
2 3 (15.00%) SQL
2 3 (15.00%) VBA
3 2 (10.00%) C#
3 2 (10.00%) C++
4 1 (5.00%) ABAP
Qualifications
1 1 (5.00%) Computer Science Degree
1 1 (5.00%) Degree
1 1 (5.00%) SAP Certification
Vendors
1 4 (20.00%) F5
2 3 (15.00%) Microsoft
3 2 (10.00%) Oracle
4 1 (5.00%) Ariba
4 1 (5.00%) IBM
4 1 (5.00%) SAP