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 28 August 2015 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
28 Aug 2015
Same period 2014 Same period 2013
Derivatives
Rank 57 - 57
Rank change year-on-year
- 0
Contract jobs citing Derivative 2 0 5
As % of all contract IT jobs located in Birmingham 0.27% - 0.76%
As % of the Miscellaneous category 1.18% - 2.82%
Number of daily rates quoted 2 0 5
Average daily rate
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of your Daily Rate
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£475 - £525
90% offered a daily rate of more than £455 - £500
10% offered a daily rate of more than £495 - £555
UK excluding London average daily rate £500 £365 £450
% change year-on-year
+36.98% -18.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £90.00
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
170 217 177
As % of all contract IT jobs located in Birmingham 23.13% 29.01% 26.82%
Number of daily rates quoted 109 114 114
Average daily rate £330 £350 £350
Average daily rate % change year-on-year
-5.71% -
90% offered a daily rate of more than £198 £195 £160
10% offered a daily rate of more than £500 £500 £525
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 9 5 7
Average hourly rate £13.25 £12.05 £13.98
Average hourly rate % change year-on-year
+9.95% -13.77%
90% offered a hourly rate of more than £8.75 £6.77 £12.54
10% offered a hourly rate of more than £42.50 £175.00 £25.60
UK excluding London average hourly rate £21.53 £20.00 £17.50
% change year-on-year
+7.62% +14.28%

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 8 Related IT Skills in Birmingham

For the 6 months to 28 August 2015, 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 1 (50.00%) Finance
1 1 (50.00%) Validation
1 1 (50.00%) Data Analysis
1 1 (50.00%) Credit Risk
1 1 (50.00%) Data Validation
1 1 (50.00%) Data Architecture
1 1 (50.00%) Solvency II
1 1 (50.00%) Bloomberg

Derivative
Top Related IT Skills in Birmingham by Category

For the 6 months to 28 August 2015, 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.

General
1 1 (50.00%) Finance
Job Titles
1 2 (100.00%) Analyst
2 1 (50.00%) Data Analyst
2 1 (50.00%) Business Architect
2 1 (50.00%) Architect
2 1 (50.00%) Business Analyst
Miscellaneous
1 1 (50.00%) Credit Risk
Processes & Methodologies
1 1 (50.00%) Validation
1 1 (50.00%) Data Analysis
1 1 (50.00%) Data Validation
1 1 (50.00%) Data Architecture
Quality Assurance & Compliance
1 1 (50.00%) Solvency II
Vendors
1 1 (50.00%) Bloomberg