Software Engineer
UK
The median Software Engineer daily rate in the UK is £625 according to job vacancies posted during the 6 months to 24 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 24 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 80 | 143 | 135 |
| Rank change year-on-year | +63 | -8 | +2 |
| Contract jobs requiring a Software Engineer | 1,136 | 1,050 | 1,744 |
| As % of all contract jobs advertised in the UK | 2.67% | 1.86% | 1.99% |
| As % of the Job Titles category | 2.87% | 1.96% | 2.09% |
| Number of daily rates quoted | 587 | 649 | 1,159 |
| 10th Percentile | £425 | £438 | £425 |
| 25th Percentile | £500 | £500 | £500 |
| Median daily rate (50th Percentile) | £625 | £590 | £600 |
| Median % change year-on-year | +5.93% | -1.67% | +20.00% |
| 75th Percentile | £750 | £688 | £695 |
| 90th Percentile | £850 | £750 | £750 |
| UK excluding London median daily rate | £525 | £536 | £525 |
| % change year-on-year | -2.05% | +2.10% | +16.67% |
| Number of hourly rates quoted | 349 | 141 | 134 |
| 10th Percentile | £46.25 | £46.75 | £44.68 |
| 25th Percentile | £52.50 | £52.50 | £48.50 |
| Median hourly rate | £65.00 | £62.50 | £57.50 |
| Median % change year-on-year | +4.00% | +8.70% | +26.37% |
| 75th Percentile | £70.00 | £70.30 | £65.00 |
| 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% | +31.87% |
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 | 39,539 | 53,460 | 83,539 |
| % of contract IT jobs with a recognized job title | 92.80% | 94.63% | 95.37% |
| Number of daily rates quoted | 25,741 | 37,320 | 58,759 |
| 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% | +8.25% |
| 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% | +11.44% |
| Number of hourly rates quoted | 2,737 | 1,489 | 2,014 |
| 10th Percentile | £12.82 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.90 |
| Median hourly rate | £36.50 | £45.00 | £24.00 |
| Median % change year-on-year | -18.89% | +87.50% | +6.90% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.50 | £75.99 | £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 24 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 24 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 24 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 | +62 | 1,055 | £638 | +6.25% | 1,456 |
| UK excluding London | +64 | 565 | £525 | -2.05% | 1,121 |
| London | +53 | 477 | £675 | +8.00% | 681 |
| Work from Home | +26 | 382 | £650 | +10.17% | 1,014 |
| East of England | +28 | 158 | £525 | -4.55% | 143 |
| South East | +40 | 139 | £475 | -8.65% | 423 |
| North of England | +73 | 112 | £463 | -19.57% | 188 |
| South West | +25 | 112 | £550 | +0.92% | 153 |
| North West | +71 | 80 | £525 | -0.94% | 116 |
| Scotland | +26 | 25 | £320 | -32.24% | 81 |
| Yorkshire | +14 | 18 | £400 | -23.81% | 49 |
| North East | +13 | 14 | £390 | -44.29% | 25 |
| Midlands | -3 | 10 | £513 | -4.74% | 111 |
| West Midlands | -11 | 7 | £500 | -8.26% | 56 |
| Wales | +14 | 6 | £458 | -22.95% | 20 |
| Northern Ireland | - | 4 | £675 | - | 22 |
| East Midlands | +15 | 3 | £550 | +29.41% | 51 |
Software Engineer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 24 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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