Day rate
The average day rate across the Data sector was £473 per day, a decrease of -4% year-on-year. Top 10% contracts also experienced a -8% decrease with an average rate of £623.
Experience
Midweight and Director roles saw decreases at -16% and -14%, respectively, year-on-year. Whilst Lead roles saw a +4% year-on-year increase.
In navigating the freelance landscape, a tip I swear by is to stay connected and always respond to briefs, even when you're swamped with work. My gigs mainly come through word of mouth or YunoJuno, so it's essential to stay on top of networking. There's usually a considerable time gap between someone expressing interest and kicking off a project, so keeping those connections warm pays off not just for current gigs but for future opportunities as well. It's a game-changer in this dynamic freelance world!
In navigating the freelance landscape, a tip I swear by is to stay connected and always respond to briefs, even when you're swamped with work. My gigs mainly come through word of mouth or YunoJuno, so it's essential to stay on top of networking. There's usually a considerable time gap between someone expressing interest and kicking off a project, so keeping those connections warm pays off not just for current gigs but for future opportunities as well. It's a game-changer in this dynamic freelance world!
Contract Length and Bookings
In 2023, the average contract length was 39 working days (just under 10 weeks), a year-on-year decrease of -15%. Top 10% contracts averaged 93 working days (just under 19 weeks), reflecting a year-on-year increase of +1%.
Midweight roles saw a notable increase of +38%, with Director roles having no year-on-year change. Lead and Senior roles witnessed a decrease, with Lead role seeing a substantial drop at -32%.
Experiencing a surge, Data bookings increased by +39% year-on-year, demonstrating sustained demand throughout the majority of the year, with April observing the highest bookings in 2023. However, a notable shift occurred in the last quarter, marked by a decrease in demand.
Roles
Data Engineers saw the highest average rate across the Data discipline, earning £640 per day. They also secured the longest contract length, at 71 working days.
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