The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Birmingham region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 13 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
Derivatives
Rank 53 - -
Rank change year-on-year
- 0
Contract jobs citing Derivative 6 0 0
As % of all contract IT jobs located in Birmingham 0.90% - -
As % of the Miscellaneous category 3.31% - -
Number of daily rates quoted 5 0 0
Average daily rate £365 - -
UK excluding London average daily rate £313 £475 £425
% change year-on-year
-34.21% +11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Derivative
West Midlands

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Birmingham region.

Miscellaneous Category
Birmingham
Contract IT job ads with a match in the
Miscellaneous category
181 156 129
As % of all contract IT jobs located in Birmingham 27.14% 26.26% 23.63%
Number of daily rates quoted 118 78 72
Average daily rate £375 £325 £325
Average daily rate % change year-on-year
+15.38% -
90% offered a daily rate of more than £170 £165 £183
10% offered a daily rate of more than £538 £450 £475
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 8 6 6
Average hourly rate £14.00 £18.50 £12.00
Average hourly rate % change year-on-year
-24.32% +54.16%
90% offered a hourly rate of more than £11.74 £12.00 £9.00
10% offered a hourly rate of more than £42.50 £26.00 £16.25
UK excluding London average hourly rate £22.50 £17.50 £17.50
% change year-on-year
+28.57% -

Derivative
Jobs Demand Trend in Birmingham

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the Birmingham region as a proportion of the total demand within the Miscellaneous category.

Derivative Jobs Demand Trend in Birmingham

Derivative
Daily Rate Trend in Birmingham

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the Birmingham region.

Derivative Daily Rate Trend in Birmingham

Derivative
Top 29 Related IT Skills in Birmingham

For the 6 months to 13 February 2016, IT contractor jobs across the Birmingham region citing Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Derivative.

1 6 (100.00%) Perl
1 6 (100.00%) Finance
2 5 (83.33%) SQL
2 5 (83.33%) Unix
2 5 (83.33%) Banking
3 4 (66.67%) Data Management
3 4 (66.67%) Investment Banking
3 4 (66.67%) Electronic Trading
3 4 (66.67%) Fintech
4 3 (50.00%) Fixed Income
4 3 (50.00%) Equities
4 3 (50.00%) Foreign Exchange (FX)
4 3 (50.00%) Front Office
5 2 (33.33%) Back Office
5 2 (33.33%) ITIL V3
5 2 (33.33%) Shell Script
5 2 (33.33%) Python
5 2 (33.33%) ITIL
5 2 (33.33%) Java
5 2 (33.33%) Financial Institution
6 1 (16.67%) Linux
6 1 (16.67%) SunGard
6 1 (16.67%) Continuous Improvement
6 1 (16.67%) Knowledge Management
6 1 (16.67%) Incident Management
6 1 (16.67%) SunGard GMI
6 1 (16.67%) Degree
6 1 (16.67%) Computer Science
6 1 (16.67%) Problem Management

Derivative
Top Related IT Skills in Birmingham by Category

For the 6 months to 13 February 2016, IT contractor jobs across the Birmingham region citing Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Derivative. Up to 20 skills are shown per category.

Business Applications
1 1 (16.67%) SunGard GMI
General
1 6 (100.00%) Finance
2 5 (83.33%) Banking
3 4 (66.67%) Investment Banking
4 3 (50.00%) Front Office
5 2 (33.33%) Back Office
5 2 (33.33%) Financial Institution
Job Titles
1 5 (83.33%) Analyst
2 4 (66.67%) Banking Analyst
2 4 (66.67%) Support Analyst
3 3 (50.00%) Unix Analyst
3 3 (50.00%) Unix Support
3 3 (50.00%) Unix Support Analyst
4 2 (33.33%) Junior
5 1 (16.67%) Junior Analyst
5 1 (16.67%) Junior Support Engineer
5 1 (16.67%) Support Engineer
Miscellaneous
1 4 (66.67%) Fintech
2 3 (50.00%) Equities
2 3 (50.00%) Fixed Income
2 3 (50.00%) Foreign Exchange (FX)
3 1 (16.67%) Computer Science
Operating Systems
1 5 (83.33%) Unix
2 1 (16.67%) Linux
Processes & Methodologies
1 4 (66.67%) Data Management
1 4 (66.67%) Electronic Trading
2 2 (33.33%) ITIL
2 2 (33.33%) ITIL V3
3 1 (16.67%) Continuous Improvement
3 1 (16.67%) Incident Management
3 1 (16.67%) Knowledge Management
3 1 (16.67%) Problem Management
Programming Languages
1 6 (100.00%) Perl
2 5 (83.33%) SQL
3 2 (33.33%) Java
3 2 (33.33%) Python
3 2 (33.33%) Shell Script
Qualifications
1 1 (16.67%) Degree
Vendors
1 1 (16.67%) SunGard