Top 20 Highest Paying Software Developer Contract Roles in the UK for 2016

IT ContractorsOne of the main attractions for IT contractor roles has to be the higher rates of pay, there can be a lot of uncertainty with the potential for long periods out of work. However, some rates of pay can be very rewarding and currently tempts thousands of Developers into this type of work. Developers are most in demand with entry level rates starting out at around £150 per day. In addition, according to IT Job Watch over the last three months there have been approximately 13,126 Developer roles available in the UK, which represents almost a quarter (23.12%) of all IT contractor roles.

Highly skilled and experienced Developers are well compensated for their time and are sought after by employers who require their expert level skillset. With an average daily rate of £401 Developers are looking for interesting projects that are long enough for them to earn a hefty salary for the year. However, this is just the average daily rate, if the daily rate starts at around £150 for entry level developers and the average is £401, what are the higher rates of pay? What are the highest rates of pay for developers? and what skills are required for these roles?

In the UK the Finance Sector offers the highest rates of pay for Contract Developers, and the top 15 average rates of pay are within this sector. However, opportunities are much fewer at the top, in fact of the 13,126 contract developer roles that were offered over the last three months, the top ten job roles with the highest average daily rate only represented 85 positions. Here are some of the top 20 highest paying contract developer job roles in the UK in 2016:

1.Investment Banking C++ Developer

Average daily rate: £750

Daily rate change year on year: No change

Number of mentions in job adverts for IT contractors over the last three months: 6

Percentage of mentions in job adverts for IT contractors over the last three months: 0.011%

2.Senior Fidessa Developer

Average daily rate: £701

Daily rate change year on year: No change

Number of mentions in job adverts for IT contractors over the last three months: 0.007%

Percentage of mentions in job adverts for IT contractors over the last three months: 0.011%

3.Fidessa Developer

Average daily rate: £700

Daily rate change year on year: +12.04%

Number of mentions in job adverts for IT contractors over the last three months: 6

Percentage of mentions in job adverts for IT contractors over the last three months: 0.011%

4.Electronic Trading C++ Developer

Average daily rate: £700

Daily rate change year on year: +7.69%

Number of mentions in job adverts for IT contractors over the last three months: 6

Percentage of mentions in job adverts for IT contractors over the last three months: 0.011%

5.Low Latency C++ Developer

Average daily rate: £700

Daily rate change year on year: -4.76%

Number of mentions in job adverts for IT contractors over the last three months: 13

Percentage of mentions in job adverts for IT contractors over the last three months: 0.023%

6.Energy Trading Developer

Average daily rate: £700

Daily rate change year on year: No change

Number of mentions in job adverts for IT contractors over the last three months: 1

Percentage of mentions in job adverts for IT contractors over the last three months: 0.002%

7.Murex MxML Developer

Average daily rate: £700

Daily rate change year on year: No change

Number of mentions in job adverts for IT contractors over the last three months: 5

Percentage of mentions in job adverts for IT contractors over the last three months: 0.009%

8.Murex Developer

Average daily rate: £688

Daily rate change year on year: +1.85%

Number of mentions in job adverts for IT contractors over the last three months: 21

Percentage of mentions in job adverts for IT contractors over the last three months: 0.037%

9.Commodities C# Developer

Average daily rate: £675

Daily rate change year on year: +68.75%

Number of mentions in job adverts for IT contractors over the last three months:14

Percentage of mentions in job adverts for IT contractors over the last three months: 0.025%

10.Front Arena Developer

Average daily rate: £663

Daily rate change year on year: +1.92%

Number of mentions in job adverts for IT contractors over the last three months: 2

Percentage of mentions in job adverts for IT contractors over the last three months: 0.004%

11.Low Latency Java Developer

Average daily rate: £663

Daily rate change year on year: +1.92%

Number of mentions in job adverts for IT contractors over the last three months: 11

Percentage of mentions in job adverts for IT contractors over the last three months: 0.020%

12.Quantitative Analyst Developer

Average daily rate: £650

Daily rate change year on year: +30.00%

Number of mentions in job adverts for IT contractors over the last three months: 11

Percentage of mentions in job adverts for IT contractors over the last three months: 0.020%

13.Commodities Java Developer

Average daily rate: £650

Daily rate change year on year: +30.00%

Number of mentions in job adverts for IT contractors over the last three months: 10

Percentage of mentions in job adverts for IT contractors over the last three months: 0.018%

14.Quant Developer

Average daily rate: £650

Daily rate change year on year: No change

Number of mentions in job adverts for IT contractors over the last three months: 60

Percentage of mentions in job adverts for IT contractors over the last three months: 0.11%

15.Front Office C++ Developer

Average daily rate: £650

Daily rate change year on year: -3.70%

Number of mentions in job adverts for IT contractors over the last three months: 15

Percentage of mentions in job adverts for IT contractors over the last three months: 0.027%

16.Visual C++ Developer

Average daily rate: £645

Daily rate change year on year: +12.17%

Number of mentions in job adverts for IT contractors over the last three months: 2

Percentage of mentions in job adverts for IT contractors over the last three months: 0.004%

17.Java Analyst Developer

Average daily rate: £625

Daily rate change year on year: +61.29%

Number of mentions in job adverts for IT contractors over the last three months: 14

Percentage of mentions in job adverts for IT contractors over the last three months: 0.025%

18.Java GUI Developer

Average daily rate: £625

Daily rate change year on year: +44.92

Number of mentions in job adverts for IT contractors over the last three months: 6

Percentage of mentions in job adverts for IT contractors over the last three months: 0.011%

19.C++ Analyst Developer

Average daily rate: £625

Daily rate change year on year: +23.15%

Number of mentions in job adverts for IT contractors over the last three months: 3

Percentage of mentions in job adverts for IT contractors over the last three months: 0.005%

20.Front Office Developer

Average daily rate: £625

Daily rate change year on year: +6.38%

Number of mentions in job adverts for IT contractors over the last three months: 142

Percentage of mentions in job adverts for IT contractors over the last three months: 0.25%

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February 1, 2017

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