RMDS Contracts with Work from Home Options

Reuters Market Data System (RMDS)
UK > Work from Home

The table below provides summary statistics for remote or hybrid contract work requiring RMDS skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited RMDS over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 338 - 617
Rank change year-on-year - - -110
Contract jobs citing RMDS 3 0 6
As % of all contract jobs with a WFH option 0.020% - 0.014%
As % of the Business Applications category 0.24% - 0.23%
Number of daily rates quoted 3 0 4
10th Percentile - - -
25th Percentile - - £675
Median daily rate (50th Percentile) £1,200 - £700
Median % change year-on-year - - +16.67%
75th Percentile - - £738
90th Percentile - - £760
UK median daily rate £1,200 £800 £700
% change year-on-year +50.00% +14.29% +27.27%

All Business Application Skills
Work from Home

RMDS falls under the Business Applications category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring business application skills.

Contract vacancies with a requirement for business application skills 1,240 1,806 2,608
As % of all contract jobs with a WFH option 8.40% 7.56% 5.95%
Number of daily rates quoted 714 1,027 1,584
10th Percentile £375 £363 £400
25th Percentile £450 £456 £463
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £663 £678 £650
90th Percentile £775 £771 £750
UK median daily rate £550 £550 £550
% change year-on-year - - +9.89%
Number of hourly rates quoted 16 24 14
10th Percentile £14.13 £25.10 £11.56
25th Percentile £21.31 £40.69 £17.14
Median hourly rate £42.50 £49.00 £29.53
Median % change year-on-year -13.27% +65.96% -41.82%
75th Percentile £45.00 £66.25 £59.38
90th Percentile £62.52 £97.50 £68.50
UK median hourly rate £40.16 £49.50 £35.00
% change year-on-year -18.86% +41.43% -6.67%

RMDS
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing RMDS as a proportion of all IT jobs advertised.

RMDS trend for jobs with a WFH option

RMDS
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing RMDS.

RMDS daily rate for jobs with a WFH option

RMDS
Co-occurring Skills and Capabilities with WFH Options 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:

Job Titles
1 3 (100.00%) Developer
1 3 (100.00%) Java Developer
1 3 (100.00%) Senior
1 3 (100.00%) Senior Developer
1 3 (100.00%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 3 (100.00%) HTML
1 3 (100.00%) HTML5
1 3 (100.00%) React
Miscellaneous
1 3 (100.00%) Fixed Income
Processes & Methodologies
1 3 (100.00%) Automated Trading
1 3 (100.00%) Backtesting
1 3 (100.00%) BDD
1 3 (100.00%) Electronic Trading
1 3 (100.00%) Low Latency
1 3 (100.00%) TDD
Programming Languages
1 3 (100.00%) Java
1 3 (100.00%) Scala
Vendors
1 3 (100.00%) ION Trading
1 3 (100.00%) Solace