Quant Developer
UK
The median Quant Developer daily rate in the UK is £900 according to job vacancies posted during the 6 months to 1 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 1 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 482 | 554 | 710 |
| Rank change year-on-year | +72 | +156 | -113 |
| Contract jobs requiring a Quantitative Developer | 93 | 128 | 128 |
| As % of all contract jobs advertised in the UK | 0.22% | 0.23% | 0.15% |
| As % of the Job Titles category | 0.23% | 0.24% | 0.15% |
| Number of daily rates quoted | 71 | 98 | 117 |
| 10th Percentile | £688 | £684 | £675 |
| 25th Percentile | £763 | £763 | £688 |
| Median daily rate (50th Percentile) | £900 | £850 | £750 |
| Median % change year-on-year | +5.88% | +13.33% | +7.14% |
| 75th Percentile | £1,069 | £950 | £875 |
| 90th Percentile | £1,250 | £1,038 | £924 |
| UK excluding London median daily rate | - | £1,150 | £650 |
| % change year-on-year | - | +76.92% | - |
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 | 39,969 | 53,015 | 83,520 |
| % of contract IT jobs with a recognized job title | 92.83% | 94.58% | 95.35% |
| Number of daily rates quoted | 25,870 | 37,031 | 58,844 |
| 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% | +10.21% |
| Number of hourly rates quoted | 2,841 | 1,476 | 1,963 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.90 |
| Median hourly rate | £37.50 | £45.00 | £24.50 |
| Median % change year-on-year | -16.67% | +83.67% | +12.28% |
| 75th Percentile | £61.60 | £65.75 | £49.33 |
| 90th Percentile | £73.75 | £76.13 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £20.00 |
| % change year-on-year | -5.88% | +112.50% | +5.26% |
Quantitative Developer
Job Vacancy Trend
Job postings that featured Quantitative Developer in the job title as a proportion of all IT jobs advertised.
Quantitative Developer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Quantitative Developer.
Quantitative Developer
Daily Rate Histogram
Daily rate distribution for jobs citing Quantitative Developer over the 6 months to 1 June 2024.
Quantitative Developer
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Quantitative Developer.
Quantitative Developer
Top 5 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Developer within the UK over the 6 months to 1 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 | +51 | 93 | £900 | +5.88% | 53 |
| London | +63 | 89 | £900 | +5.88% | 51 |
| Work from Home | +104 | 45 | £900 | +2.27% | 11 |
| UK excluding London | +36 | 4 | - | - | |
| South East | +10 | 4 | - | - |
Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 1 June 2024, Quantitative Developer 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 Quantitative Developer in the job title.
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Quantitative Developer 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:
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