Software Engineer
UK
The median Software Engineer daily rate in the UK is £625 according to job vacancies posted during the 6 months to 12 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 12 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 82 | 146 | 136 |
| Rank change year-on-year | +64 | -10 | -4 |
| Contract jobs requiring a Software Engineer | 1,095 | 1,064 | 1,759 |
| As % of all contract jobs advertised in the UK | 2.55% | 1.83% | 2.01% |
| As % of the Job Titles category | 2.74% | 1.93% | 2.10% |
| Number of daily rates quoted | 563 | 662 | 1,176 |
| 10th Percentile | £430 | £438 | £413 |
| 25th Percentile | £500 | £500 | £494 |
| Median daily rate (50th Percentile) | £625 | £590 | £587 |
| Median % change year-on-year | +5.93% | +0.55% | +17.35% |
| 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 | 336 | 136 | 147 |
| 10th Percentile | £46.25 | £46.50 | £43.02 |
| 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 | £70.08 | £61.25 |
| 90th Percentile | £80.00 | £77.00 | £65.75 |
| 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 | 39,893 | 55,060 | 83,598 |
| % of contract IT jobs with a recognized job title | 92.76% | 94.65% | 95.41% |
| Number of daily rates quoted | 25,957 | 38,445 | 58,715 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +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 | 2,673 | 1,534 | 2,047 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.89 |
| Median hourly rate | £37.50 | £45.00 | £23.91 |
| Median % change year-on-year | -16.67% | +88.21% | +5.89% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.90 | £76.00 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.08 | £20.00 |
| % change year-on-year | -4.94% | +110.39% | +2.56% |
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 12 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 12 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 12 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 | +64 | 1,014 | £638 | +8.05% | 1,200 |
| UK excluding London | +67 | 552 | £525 | -2.42% | 846 |
| London | +46 | 444 | £675 | +8.00% | 453 |
| Work from Home | +35 | 370 | £650 | +13.04% | 678 |
| East of England | +29 | 154 | £550 | -0.90% | 122 |
| South East | +41 | 137 | £475 | -8.65% | 193 |
| North of England | +64 | 115 | £525 | -8.70% | 155 |
| South West | +20 | 103 | £550 | +3.29% | 161 |
| North West | +71 | 84 | £550 | - | 95 |
| Scotland | +42 | 27 | £326 | -30.56% | 81 |
| Yorkshire | +20 | 18 | £400 | -23.81% | 49 |
| North East | +14 | 13 | £390 | -44.29% | 15 |
| Midlands | -15 | 9 | £525 | -2.42% | 115 |
| West Midlands | -22 | 6 | £500 | -7.41% | 60 |
| Wales | +15 | 5 | £458 | -22.95% | 23 |
| East Midlands | +16 | 3 | £575 | +35.29% | 54 |
| Northern Ireland | +8 | 3 | £675 | - | 16 |
Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 12 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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