The table below looks at the statistics for Waterfall skills 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 Waterfall over the 3 months to 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
Waterfall Model
Rank 28 19 37
Rank change year-on-year
-9 +18
Contract jobs citing Waterfall 2 3 4
As % of all contract IT jobs located in Canary Wharf 1.07% 2.56% 1.85%
As % of the Processes & Methodologies category 1.26% 2.91% 2.26%
Number of daily rates quoted 1 1 0
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £450 -
Average daily rate % change year-on-year
+22.22% -
UK excluding London average daily rate £418 £400 £380
% change year-on-year
+4.37% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £30.16 £61.00 £36.50
% change year-on-year
-50.55% +67.12%
Waterfall
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
159 103 177
As % of all contract IT jobs located in Canary Wharf 85.03% 88.03% 81.94%
Number of daily rates quoted 110 51 130
Average daily rate £475 £475 £484
Average daily rate % change year-on-year
- -1.85%
90% offered a daily rate of more than £350 £325 £300
10% offered a daily rate of more than £575 £600 £700
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 0 6 0
Average hourly rate - £18.00 -
UK excluding London average hourly rate £32.50 £26.83 £30.25
% change year-on-year
+21.13% -11.30%

Waterfall
Jobs Demand Trend in Canary Wharf

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

Waterfall Jobs Demand Trend in Canary Wharf

Waterfall
Daily Rate Trend in Canary Wharf

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

Waterfall Daily Rate Trend in Canary Wharf

Waterfall
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 2 September 2015, IT contractor jobs across the Canary Wharf region citing Waterfall 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 Waterfall.

1 6 (75.00%) Agile Software Development
2 5 (62.50%) Finance
3 3 (37.50%) Project Management
3 3 (37.50%) MS Excel
3 3 (37.50%) Stakeholder Management
4 2 (25.00%) Scrum
4 2 (25.00%) Teradata
4 2 (25.00%) Change Management
4 2 (25.00%) Banking
4 2 (25.00%) Retail
4 2 (25.00%) Business Analysis
4 2 (25.00%) MS PowerPoint
4 2 (25.00%) SQL
4 2 (25.00%) UNIX
4 2 (25.00%) JIRA
4 2 (25.00%) Credit Risk
4 2 (25.00%) Use Case
4 2 (25.00%) Time Management
4 2 (25.00%) Stakeholder Engagement
4 2 (25.00%) Analytics
4 2 (25.00%) ServiceNow
4 2 (25.00%) Relational Database
4 2 (25.00%) User Experience
4 2 (25.00%) Data Centre
5 1 (12.50%) Line Management
5 1 (12.50%) User Stories
5 1 (12.50%) Kanban
5 1 (12.50%) User Acceptance Testing
5 1 (12.50%) QA
5 1 (12.50%) Legal

Waterfall
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 2 September 2015, IT contractor jobs across the Canary Wharf region citing Waterfall 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 Waterfall. Up to 20 skills are shown per category.

Applications
1 3 (37.50%) MS Excel
2 2 (25.00%) MS PowerPoint
Database & Business Intelligence
1 2 (25.00%) Relational Database
Development Applications
1 2 (25.00%) JIRA
General
1 5 (62.50%) Finance
2 2 (25.00%) Banking
2 2 (25.00%) Retail
3 1 (12.50%) Legal
3 1 (12.50%) Front Office
3 1 (12.50%) Telecoms
Job Titles
1 4 (50.00%) Business Analyst
1 4 (50.00%) Analyst
2 2 (25.00%) AWS Developer
2 2 (25.00%) Digital Project Manager
2 2 (25.00%) Developer
2 2 (25.00%) Project Manager
2 2 (25.00%) Developer Analyst
3 1 (12.50%) Senior Solutions Architect
3 1 (12.50%) Banking Business Analyst
3 1 (12.50%) ScrumMaster
3 1 (12.50%) Architect
3 1 (12.50%) Senior Architect
3 1 (12.50%) Agile Business Analyst
3 1 (12.50%) Agile Coach
3 1 (12.50%) Solutions Architect
Miscellaneous
1 2 (25.00%) Credit Risk
1 2 (25.00%) User Experience
1 2 (25.00%) Data Centre
2 1 (12.50%) N-Tier
2 1 (12.50%) Foreign Exchange (FX)
2 1 (12.50%) Derivative
2 1 (12.50%) Online Banking
Operating Systems
1 2 (25.00%) UNIX
Processes & Methodologies
1 6 (75.00%) Agile Software Development
2 3 (37.50%) Stakeholder Management
2 3 (37.50%) Project Management
3 2 (25.00%) Change Management
3 2 (25.00%) Scrum
3 2 (25.00%) Business Analysis
3 2 (25.00%) Use Case
3 2 (25.00%) Time Management
3 2 (25.00%) Stakeholder Engagement
3 2 (25.00%) Analytics
4 1 (12.50%) User Stories
4 1 (12.50%) Line Management
4 1 (12.50%) Kanban
4 1 (12.50%) User Acceptance Testing
4 1 (12.50%) TOGAF
4 1 (12.50%) PRINCE2
4 1 (12.50%) UML
4 1 (12.50%) EAM
Programming Languages
1 2 (25.00%) SQL
Qualifications
1 1 (12.50%) PMP
1 1 (12.50%) PMI Certification
1 1 (12.50%) Degree
Quality Assurance & Compliance
1 1 (12.50%) QA
Vendors
1 2 (25.00%) Teradata
1 2 (25.00%) ServiceNow
2 1 (12.50%) Oracle
2 1 (12.50%) IBM
2 1 (12.50%) Microsoft