The first table below looks at the demand for knowledge and experience of Reuters products and/or services in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Reuters over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the Canary Wharf region.

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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Reuters Group PLC.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
Reuters
Rank 23 42 47
Rank change year-on-year
+19 +5
Contract jobs citing Reuters 1 6 3
As % of all contract IT jobs located in Canary Wharf 0.65% 1.69% 0.76%
As % of the Vendors category 1.85% 4.32% 1.52%
Number of daily rates quoted 1 5 1
Average daily rate £288 £625 £450
Average daily rate % change year-on-year
-54.00% +38.88%
UK excluding London average daily rate £475 £500 £175
% change year-on-year
-5.00% +185.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.00 £17.50
% change year-on-year
- -20.00%
Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
54 139 198
As % of all contract IT jobs located in Canary Wharf 35.06% 39.27% 50.00%
Number of daily rates quoted 33 115 133
Average daily rate £550 £575 £550
Average daily rate % change year-on-year
-4.34% +4.54%
90% offered a daily rate of more than £250 £239 £309
10% offered a daily rate of more than £700 £675 £634
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 4 2 1
Average hourly rate £25.50 £30.00 £35.00
Average hourly rate % change year-on-year
-15.00% -14.28%
UK excluding London average hourly rate £17.50 £18.90 £20.00
% change year-on-year
-7.40% -5.50%
Reuters
London

Reuters
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Reuters across the Canary Wharf region as a proportion of the total demand within the Vendors category.

Reuters Jobs Demand Trend in Canary Wharf

Reuters
Daily Rate Trend in Canary Wharf

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

Reuters Daily Rate Trend in Canary Wharf

Reuters
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Reuters across the Canary Wharf region.

Reuters Hourly Rate Trend in Canary Wharf

Reuters
Top 19 Related IT Skills in Canary Wharf

For the 6 months to 18 April 2014, IT contractor jobs across the Canary Wharf region citing Reuters 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 Reuters.

1 2 (100.00%) Linux
1 2 (100.00%) Bloomberg
1 2 (100.00%) Finance
2 1 (50.00%) Mathematica
2 1 (50.00%) Banking
2 1 (50.00%) C++
2 1 (50.00%) Java
2 1 (50.00%) SQL
2 1 (50.00%) Oracle
2 1 (50.00%) UNIX
2 1 (50.00%) Windows
2 1 (50.00%) Quality Management
2 1 (50.00%) Data Warehouse
2 1 (50.00%) Data Modelling
2 1 (50.00%) TCP/IP
2 1 (50.00%) Business Intelligence
2 1 (50.00%) Informatica
2 1 (50.00%) MicroStrategy
2 1 (50.00%) Shell Script

Reuters
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Canary Wharf region citing Reuters 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 Reuters. Up to 20 skills are shown per category.

Applications
1 1 (50.00%) Mathematica
Communications & Networking
1 1 (50.00%) TCP/IP
Database & Business Intelligence
1 1 (50.00%) Data Warehouse
General
1 2 (100.00%) Finance
2 1 (50.00%) Banking
Job Titles
1 1 (50.00%) Network Support Engineer
1 1 (50.00%) Analyst Developer
1 1 (50.00%) Network Support
1 1 (50.00%) Developer
1 1 (50.00%) Analyst
1 1 (50.00%) Network Engineer
1 1 (50.00%) Analyst Programmer
1 1 (50.00%) Programmer
1 1 (50.00%) Support Engineer
Operating Systems
1 2 (100.00%) Linux
2 1 (50.00%) UNIX
2 1 (50.00%) Windows
Processes & Methodologies
1 1 (50.00%) Quality Management
1 1 (50.00%) Data Modelling
1 1 (50.00%) Business Intelligence
Programming Languages
1 1 (50.00%) C++
1 1 (50.00%) Java
1 1 (50.00%) SQL
1 1 (50.00%) Shell Script
Vendors
1 2 (100.00%) Bloomberg
2 1 (50.00%) Oracle
2 1 (50.00%) Informatica
2 1 (50.00%) MicroStrategy