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 2 June 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 2 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 572 | 679 | 826 |
| Rank change year-on-year | +107 | +147 | -107 |
| Contract jobs citing Ultra-Low Latency | 7 | 5 | 15 |
| As % of all contract jobs advertised in the UK | 0.016% | 0.009% | 0.017% |
| As % of the Processes & Methodologies category | 0.019% | 0.010% | 0.019% |
| Number of daily rates quoted | 7 | 5 | 15 |
| 10th Percentile | - | £745 | £693 |
| 25th Percentile | £825 | £775 | £750 |
| Median daily rate (50th Percentile) | £850 | £800 | £850 |
| Median % change year-on-year | +6.25% | -5.88% | +17.24% |
| 75th Percentile | £875 | £938 | £938 |
| 90th Percentile | - | £1,020 | £950 |
| UK excluding London median daily rate | - | - | - |
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 | 36,816 | 50,571 | 79,556 |
| As % of all contract IT jobs advertised in the UK | 85.44% | 89.70% | 90.62% |
| Number of daily rates quoted | 23,638 | 35,025 | 55,934 |
| 10th Percentile | £300 | £325 | £348 |
| 25th Percentile | £413 | £438 | £433 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £638 | £650 | £644 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £488 |
| % change year-on-year | - | +2.56% | +8.33% |
| Number of hourly rates quoted | 2,533 | 1,671 | 1,865 |
| 10th Percentile | £12.75 | £10.63 | £12.50 |
| 25th Percentile | £16.00 | £15.57 | £15.63 |
| Median hourly rate | £36.50 | £36.00 | £25.68 |
| Median % change year-on-year | +1.39% | +40.19% | +9.70% |
| 75th Percentile | £60.75 | £65.00 | £50.00 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £38.12 | £35.00 | £20.00 |
| % change year-on-year | +8.91% | +75.00% | -4.88% |
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 2 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 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 |
|---|---|---|---|---|---|
| London | +103 | 7 | £850 | +6.25% | 21 |
| England | +99 | 7 | £850 | +6.25% | 23 |
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: