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 9 June 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 9 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 595 | 691 | 842 |
| Rank change year-on-year | +96 | +151 | -125 |
| Contract jobs citing Ultra-Low Latency | 7 | 4 | 14 |
| As % of all contract jobs advertised in the UK | 0.016% | 0.007% | 0.016% |
| As % of the Processes & Methodologies category | 0.019% | 0.008% | 0.018% |
| Number of daily rates quoted | 7 | 4 | 14 |
| 10th Percentile | - | - | £685 |
| 25th Percentile | £825 | £775 | £750 |
| Median daily rate (50th Percentile) | £850 | £838 | £850 |
| Median % change year-on-year | +1.49% | -1.47% | +17.24% |
| 75th Percentile | £875 | £972 | £944 |
| 90th Percentile | - | £1,034 | £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 | 36,914 | 49,809 | 79,437 |
| As % of all contract IT jobs advertised in the UK | 85.21% | 89.64% | 90.63% |
| Number of daily rates quoted | 23,592 | 34,469 | 55,846 |
| 10th Percentile | £300 | £325 | £350 |
| 25th Percentile | £413 | £438 | £435 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £638 | £650 | £649 |
| 90th Percentile | £750 | £750 | £743 |
| UK excluding London median daily rate | £500 | £500 | £490 |
| % change year-on-year | - | +2.04% | +8.89% |
| Number of hourly rates quoted | 2,564 | 1,687 | 1,868 |
| 10th Percentile | £12.75 | £10.70 | £12.50 |
| 25th Percentile | £16.00 | £15.75 | £15.75 |
| Median hourly rate | £36.50 | £35.80 | £25.68 |
| Median % change year-on-year | +1.96% | +39.41% | +11.65% |
| 75th Percentile | £61.25 | £65.00 | £50.00 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £38.12 | £35.00 | £20.51 |
| % change year-on-year | +8.91% | +70.69% | -2.36% |
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 9 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 | +98 | 7 | £850 | +1.49% | 17 |
| London | +88 | 7 | £850 | +6.25% | 17 |
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: