Software Engineer
UK
The median Software Engineer daily rate in the UK is £625 according to job vacancies posted during the 6 months to 16 May 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 16 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 81 | 143 | 136 |
| Rank change year-on-year | +62 | -7 | -1 |
| Contract jobs requiring a Software Engineer | 1,106 | 1,059 | 1,756 |
| As % of all contract jobs advertised in the UK | 2.60% | 1.86% | 2.01% |
| As % of the Job Titles category | 2.80% | 1.96% | 2.10% |
| Number of daily rates quoted | 571 | 655 | 1,173 |
| 10th Percentile | £450 | £438 | £423 |
| 25th Percentile | £500 | £500 | £495 |
| Median daily rate (50th Percentile) | £625 | £590 | £590 |
| Median % change year-on-year | +5.93% | - | +18.00% |
| 75th Percentile | £750 | £675 | £694 |
| 90th Percentile | £850 | £750 | £750 |
| UK excluding London median daily rate | £525 | £538 | £513 |
| % change year-on-year | -2.42% | +4.98% | +13.89% |
| Number of hourly rates quoted | 338 | 138 | 144 |
| 10th Percentile | £46.25 | £46.60 | £43.48 |
| 25th Percentile | £52.50 | £53.75 | £48.50 |
| Median hourly rate | £65.00 | £63.75 | £57.50 |
| Median % change year-on-year | +1.96% | +10.87% | +27.78% |
| 75th Percentile | £70.00 | £70.00 | £65.00 |
| 90th Percentile | £80.00 | £77.00 | £66.63 |
| UK excluding London median hourly rate | £65.00 | £65.00 | £60.00 |
| % change year-on-year | - | +8.33% | +33.33% |
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 | 39,484 | 53,902 | 83,447 |
| % of contract IT jobs with a recognized job title | 92.78% | 94.62% | 95.41% |
| Number of daily rates quoted | 25,682 | 37,660 | 58,636 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £543 | £525 |
| Median % change year-on-year | -3.23% | +3.33% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,662 | 1,503 | 2,044 |
| 10th Percentile | £12.82 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.38 | £15.76 |
| Median hourly rate | £36.58 | £45.00 | £24.00 |
| Median % change year-on-year | -18.72% | +87.50% | +6.67% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £73.44 | £76.20 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £20.00 |
| % change year-on-year | -5.88% | +112.50% | +5.26% |
Software Engineer
Job Vacancy Trend
Job postings that featured Software Engineer in the job title as a proportion of all IT jobs advertised.
Software Engineer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Software Engineer.
Software Engineer
Daily Rate Histogram
Daily rate distribution for jobs citing Software Engineer over the 6 months to 16 May 2024.
Software Engineer
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Software Engineer.
Software Engineer
Hourly Rate Histogram
Hourly rate distribution of jobs citing Software Engineer over the 6 months to 16 May 2024.
Software Engineer
Top 17 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Software Engineer within the UK over the 6 months to 16 May 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 | +58 | 1,023 | £648 | +9.75% | 1,184 |
| UK excluding London | +64 | 554 | £525 | -2.42% | 818 |
| London | +51 | 454 | £675 | +8.00% | 457 |
| Work from Home | +33 | 374 | £650 | +12.65% | 858 |
| East of England | +33 | 154 | £550 | -0.90% | 110 |
| South East | +39 | 135 | £450 | -13.46% | 188 |
| North of England | +69 | 116 | £525 | -8.70% | 151 |
| South West | +16 | 104 | £550 | +4.76% | 161 |
| North West | +69 | 85 | £550 | - | 92 |
| Scotland | +34 | 27 | £326 | -30.56% | 73 |
| Yorkshire | +13 | 18 | £400 | -23.81% | 47 |
| North East | +10 | 13 | £390 | -44.29% | 14 |
| Midlands | -12 | 9 | £525 | -2.42% | 112 |
| Wales | +14 | 6 | £458 | -22.95% | 19 |
| West Midlands | -7 | 6 | £500 | -7.41% | 58 |
| Northern Ireland | +8 | 4 | £675 | - | 18 |
| East Midlands | +7 | 3 | £575 | +35.29% | 53 |
Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 16 May 2024, 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 Software Engineer in the job title.
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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:
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