The table below provides summary statistics for contract job vacancies advertised in the City of London requiring knowledge or experience of Reuters products and/or services. It includes a benchmarking guide to contractor rates offered in vacancies that cited Reuters over the 6 months leading up to 14 November 2024, comparing them to the same period in the previous two years.
The figures below represent the IT contractor job market in general and are not representative of contractor rates within Reuters Group PLC.
|
6 months to 14 Nov 2024 |
Same period 2023 |
Same period 2022 |
Rank |
125 |
144 |
186 |
Rank change year-on-year |
+19 |
+42 |
-5 |
Contract jobs citing Reuters |
2 |
6 |
12 |
As % of all contract jobs advertised in the City of London |
0.094% |
0.22% |
0.27% |
As % of the Vendors category |
0.21% |
0.51% |
0.68% |
Number of daily rates quoted |
0 |
4 |
5 |
10th Percentile |
- |
£431 |
£296 |
25th Percentile |
- |
£451 |
£313 |
Median daily rate (50th Percentile) |
- |
£506 |
£551 |
Median % change year-on-year |
- |
-8.12% |
+37.75% |
75th Percentile |
- |
£633 |
£600 |
90th Percentile |
- |
£793 |
£696 |
Central London median daily rate |
- |
£506 |
£551 |
% change year-on-year |
- |
-8.12% |
+37.75% |
Reuters falls under the Vendor Products and Services category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring knowledge or experience of all vendor products and services in the City of London.
Contract vacancies with a requirement for knowledge or experience of vendor products and services |
942 |
1,169 |
1,765 |
As % of all contract IT jobs advertised in the City of London |
44.37% |
42.10% |
39.31% |
Number of daily rates quoted |
593 |
823 |
1,171 |
10th Percentile |
£327 |
£313 |
£313 |
25th Percentile |
£456 |
£445 |
£458 |
Median daily rate (50th Percentile) |
£550 |
£550 |
£550 |
Median % change year-on-year |
- |
- |
+1.85% |
75th Percentile |
£675 |
£675 |
£675 |
90th Percentile |
£738 |
£788 |
£775 |
Central London median daily rate |
£550 |
£550 |
£550 |
% change year-on-year |
- |
- |
+4.76% |
Number of hourly rates quoted |
12 |
9 |
13 |
10th Percentile |
£18.70 |
£16.05 |
£15.91 |
25th Percentile |
£25.38 |
£17.00 |
£17.25 |
Median hourly rate |
£71.25 |
£22.50 |
£20.50 |
Median % change year-on-year |
+216.67% |
+9.76% |
+1.23% |
75th Percentile |
£118.38 |
£52.50 |
£27.25 |
90th Percentile |
£137.50 |
£57.90 |
£42.85 |
Central London median hourly rate |
£57.50 |
£19.00 |
£20.50 |
% change year-on-year |
+202.63% |
-7.32% |
+2.50% |