Developer/Software Engineer Contracts

Software Engineer/Developer
UK

The median Software Engineer/Developer daily rate in the UK is £725 according to job vacancies posted during the 6 months to 2 June 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 413 546 479
Rank change year-on-year +133 -67 +75
Contract jobs requiring a Developer/Software Engineer 167 138 415
As % of all contract jobs advertised in the UK 0.39% 0.24% 0.47%
As % of the Job Titles category 0.42% 0.26% 0.50%
Number of daily rates quoted 163 121 367
10th Percentile £538 £438 £438
25th Percentile £575 £500 £538
Median daily rate (50th Percentile) £725 £600 £600
Median % change year-on-year +20.83% - +2.13%
75th Percentile £800 £738 £700
90th Percentile £888 £750 £750
UK excluding London median daily rate £600 £536 £600
% change year-on-year +11.94% -10.67% +17.07%
Number of hourly rates quoted 2 0 0
Median hourly rate £80.00 - -
UK excluding London median hourly rate £80.00 - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,001 53,325 83,708
% of contract IT jobs with a recognized job title 92.83% 94.58% 95.35%
Number of daily rates quoted 25,880 37,256 59,003
10th Percentile £280 £313 £315
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +9.45%
Number of hourly rates quoted 2,851 1,473 1,957
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +14.34%
75th Percentile £61.60 £65.75 £49.41
90th Percentile £73.75 £76.45 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Developer/Software Engineer
Job Vacancy Trend

Job postings that featured Developer/Software Engineer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Developer/Software Engineer.

Daily rate trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Daily Rate Histogram

Daily rate distribution for jobs citing Developer/Software Engineer over the 6 months to 2 June 2024.

Daily rate histogram for Developer/Software Engineer in the UK

Developer/Software Engineer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Developer/Software Engineer.

Hourly rate trend for Developer/Software Engineer in the UK

Developer/Software Engineer
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Developer/Software Engineer within the UK over the 6 months to 2 June 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 +131 167 £725 +18.37% 14
London +145 158 £725 +16.00% 7
Work from Home +59 67 £750 +22.45% 9
UK excluding London +37 9 £600 +11.94% 8
East of England +12 7 £600 +20.00% 3
North of England +25 1 £350 - 1
South East +9 1 £675 +18.42% 1
Yorkshire - 1 £350 -

Developer/Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 June 2024, Developer/Software Engineer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Developer/Software Engineer in the job title.

1 165 (98.80%) Software Engineering
2 153 (91.62%) AWS
3 152 (91.02%) GCP
4 151 (90.42%) Finance
5 149 (89.22%) Asset Management
5 149 (89.22%) Fixed Income
5 149 (89.22%) Front Office
5 149 (89.22%) TypeScript
6 146 (87.43%) Agile
7 129 (77.25%) Python
8 128 (76.65%) Investment Management
9 122 (73.05%) Protocol Buffers
9 122 (73.05%) gRPC
9 122 (73.05%) Apache Airflow
10 121 (72.46%) React
11 116 (69.46%) Apache Ignite
11 116 (69.46%) Hedge funds
11 116 (69.46%) Apache
12 110 (65.87%) Redux
13 102 (61.08%) Full Stack Development
14 98 (58.68%) Banking
14 98 (58.68%) Azure
15 91 (54.49%) Equities
16 86 (51.50%) JavaScript
17 77 (46.11%) Material-UI
18 68 (40.72%) Google
19 66 (39.52%) PostgreSQL
20 65 (38.92%) Artificial Intelligence
20 65 (38.92%) Machine Learning
20 65 (38.92%) Automated Trading

Developer/Software Engineer Skill Set
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
1 122 (73.05%) Apache Airflow
2 116 (69.46%) Apache
3 1 (0.60%) JBoss
Cloud Services
1 153 (91.62%) AWS
2 152 (91.02%) GCP
3 98 (58.68%) Azure
4 42 (25.15%) dbt
5 26 (15.57%) Snowflake
6 4 (2.40%) GitHub
7 2 (1.20%) Amazon EC2
7 2 (1.20%) Amazon S3
7 2 (1.20%) AWS Lambda
7 2 (1.20%) Serverless
8 1 (0.60%) Azure DevOps
Communications & Networking
1 2 (1.20%) Firewall
1 2 (1.20%) VPN
Database & Business Intelligence
1 116 (69.46%) Apache Ignite
2 66 (39.52%) PostgreSQL
3 42 (25.15%) Amazon Athena
3 42 (25.15%) Apache Arrow
3 42 (25.15%) Dremio
4 26 (15.57%) Data Lake
5 1 (0.60%) Flink
Development Applications
1 47 (28.14%) Cypress.io
2 4 (2.40%) Git
3 3 (1.80%) Jenkins
4 2 (1.20%) Cucumber
4 2 (1.20%) REST Assured
4 2 (1.20%) Selenium
5 1 (0.60%) fastlane
General
1 151 (90.42%) Finance
2 149 (89.22%) Front Office
3 98 (58.68%) Banking
4 33 (19.76%) Investment Banking
5 6 (3.59%) Manufacturing
6 2 (1.20%) Social Skills
7 1 (0.60%) Analytical Skills
7 1 (0.60%) Retail
Libraries, Frameworks & Software Standards
1 122 (73.05%) gRPC
1 122 (73.05%) Protocol Buffers
2 121 (72.46%) React
3 110 (65.87%) Redux
4 77 (46.11%) Material-UI
5 48 (28.74%) Pandas
6 42 (25.15%) NumPy
6 42 (25.15%) SciPy
7 25 (14.97%) .NET
7 25 (14.97%) Node.js
8 22 (13.17%) Vue
9 21 (12.57%) AngularJS
10 18 (10.78%) .NET Core
11 6 (3.59%) ASP.NET
11 6 (3.59%) ASP.NET Core
11 6 (3.59%) GraphQL
12 2 (1.20%) .NET Framework
12 2 (1.20%) CSS
12 2 (1.20%) HTML
13 1 (0.60%) REST
Miscellaneous
1 149 (89.22%) Fixed Income
2 116 (69.46%) Hedge funds
3 91 (54.49%) Equities
4 57 (34.13%) Derivative
4 57 (34.13%) Foreign Exchange (FX)
5 1 (0.60%) Mobile App
5 1 (0.60%) SWIFT Messaging Network
Operating Systems
1 1 (0.60%) Apple iOS
1 1 (0.60%) Unix
Processes & Methodologies
1 165 (98.80%) Software Engineering
2 149 (89.22%) Asset Management
3 146 (87.43%) Agile
4 128 (76.65%) Investment Management
5 102 (61.08%) Full Stack Development
6 65 (38.92%) Artificial Intelligence
6 65 (38.92%) Automated Trading
6 65 (38.92%) Machine Learning
7 45 (26.95%) Fintech
8 26 (15.57%) Line Management
9 24 (14.37%) DevOps
9 24 (14.37%) Performance Attribution
9 24 (14.37%) TDD
10 20 (11.98%) Analytics
11 12 (7.19%) Front End Development
12 9 (5.39%) Credit Risk Analysis
12 9 (5.39%) User Experience
13 6 (3.59%) Risk Analytics
14 5 (2.99%) Problem-Solving
14 5 (2.99%) Test Automation
Programming Languages
1 149 (89.22%) TypeScript
2 129 (77.25%) Python
3 86 (51.50%) JavaScript
4 42 (25.15%) Java
5 26 (15.57%) C#
6 20 (11.98%) SQL
7 6 (3.59%) Kotlin
8 5 (2.99%) Ruby
9 4 (2.40%) Scala
10 3 (1.80%) Bash
11 1 (0.60%) PowerShell
11 1 (0.60%) Shell Script
11 1 (0.60%) Swift
Qualifications
1 3 (1.80%) Security Cleared
2 2 (1.20%) DV Cleared
3 1 (0.60%) Degree
3 1 (0.60%) SC Cleared
Quality Assurance & Compliance
1 22 (13.17%) QA
2 1 (0.60%) SEPA
System Software
1 3 (1.80%) zsh
2 1 (0.60%) Active Directory
2 1 (0.60%) Docker
Systems Management
1 1 (0.60%) Kubernetes
1 1 (0.60%) Terraform
Vendors
1 68 (40.72%) Google
2 2 (1.20%) Microsoft
3 1 (0.60%) IBM
3 1 (0.60%) Oracle
3 1 (0.60%) Temenos