The table below looks at the statistics for Benchmarking skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Benchmarking over the 3 months to 27 February 2017 with a comparison to the same period over 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.

3 months to
27 Feb 2017
Same period 2016 Same period 2015
Benchmarking
London / City of London
Rank 147 146 188
Rank change year-on-year
-1 +42
Contract jobs citing Benchmarking 4 5 7
As % of all contract IT jobs located in the City of London 0.13% 0.16% 0.14%
As % of the Processes & Methodologies category 0.16% 0.18% 0.16%
Number of daily rates quoted 2 5 6
Median daily rate £415 £600 £458
Median daily rate % change year-on-year
-30.83% +31.14%
90% offered a daily rate of more than £347 £238 £378
10% offered a daily rate of more than £483 £900 £613
UK excluding London median daily rate £463 £400 £350
% change year-on-year
+15.62% +14.28%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £37.50 £20.00 £42.00
% change year-on-year
+87.50% -52.38%

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2518 2745 4249
As % of all contract IT jobs located in the City of London 84.84% 86.98% 82.73%
Number of daily rates quoted 1999 2173 3311
Median daily rate £500 £485 £450
Median daily rate % change year-on-year
+3.09% +7.77%
90% offered a daily rate of more than £350 £325 £315
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £408 £400 £399
% change year-on-year
+1.87% +0.29%
Number of hourly rates quoted 16 27 32
Median hourly rate £21.00 £22.00 £20.45
Median hourly rate % change year-on-year
-4.54% +7.60%
90% offered a hourly rate of more than £13.50 £13.00 £14.00
10% offered a hourly rate of more than £80.00 £53.00 £45.50
UK excluding London median hourly rate £36.00 £40.00 £29.00
% change year-on-year
-10.00% +37.93%

Benchmarking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Benchmarking as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Benchmarking Jobs Demand Trend in the City of London

Benchmarking
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Benchmarking across the City of London region.

Benchmarking Daily Rate Trend in the City of London

Benchmarking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Benchmarking across the City of London region over the 3 months to 27 February 2017.

Benchmarking Daily Rate Histogram in the City of London

Benchmarking
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Benchmarking across the City of London region.

Benchmarking Hourly Rate Trend in the City of London

Benchmarking
Top 30 Related IT Skills in the City of London

For the 6 months to 27 February 2017, IT contractor jobs citing Benchmarking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Benchmarking.

1 5 (83.33%) Finance
2 4 (66.67%) Unix
2 4 (66.67%) Analytics
3 3 (50.00%) Knowledge Discovery
3 3 (50.00%) Analytical Skills
3 3 (50.00%) Project Planning
3 3 (50.00%) Credit Risk
3 3 (50.00%) Computer Science
3 3 (50.00%) Data Quality
3 3 (50.00%) Data Warehouse
3 3 (50.00%) Data Modelling
3 3 (50.00%) SQL
3 3 (50.00%) Oracle
3 3 (50.00%) SAS
3 3 (50.00%) Tivoli
3 3 (50.00%) Stakeholder Management
3 3 (50.00%) Teradata
4 2 (33.33%) Economics
4 2 (33.33%) Statistics
4 2 (33.33%) SPSS
4 2 (33.33%) BusinessObjects
4 2 (33.33%) SAP
4 2 (33.33%) Apache Hive
4 2 (33.33%) R
4 2 (33.33%) Hadoop
4 2 (33.33%) Degree
4 2 (33.33%) Apache Spark
4 2 (33.33%) Risk Analytics
4 2 (33.33%) Apache Pig
4 2 (33.33%) Impala

Benchmarking
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (50.00%) SAS
2 2 (33.33%) Apache Pig
2 2 (33.33%) Apache Spark
Applications
1 2 (33.33%) SPSS
Cloud Services
1 1 (16.67%) Google App Engine
1 1 (16.67%) Google Cloud Platform
Communications & Networking
1 1 (16.67%) SAN
Database & Business Intelligence
1 3 (50.00%) Data Warehouse
2 2 (33.33%) Apache Hive
2 2 (33.33%) BusinessObjects
2 2 (33.33%) Hadoop
2 2 (33.33%) Impala
3 1 (16.67%) SAS Visual Analytics
General
1 5 (83.33%) Finance
Job Titles
1 4 (66.67%) Analyst
2 2 (33.33%) Data Analyst
2 2 (33.33%) SAS Analyst
2 2 (33.33%) Strategy Analyst
3 1 (16.67%) Credit Analyst
3 1 (16.67%) Credit Risk Analyst
3 1 (16.67%) Developer
3 1 (16.67%) Financial Analyst
3 1 (16.67%) JavaScript Developer
3 1 (16.67%) Risk Analyst
3 1 (16.67%) SAS Credit Risk Analyst
3 1 (16.67%) SAS Data Analyst
3 1 (16.67%) SAS Risk Analyst
3 1 (16.67%) Senior Analyst
3 1 (16.67%) Senior Developer
3 1 (16.67%) Senior JavaScript Developer
3 1 (16.67%) Service Analyst
Libraries, Frameworks & Software Standards
1 1 (16.67%) AngularJS
Miscellaneous
1 3 (50.00%) Analytical Skills
1 3 (50.00%) Computer Science
1 3 (50.00%) Credit Risk
2 1 (16.67%) Algorithms
2 1 (16.67%) NHS
Operating Systems
1 4 (66.67%) Unix
2 1 (16.67%) Windows
2 1 (16.67%) Windows Server
Processes & Methodologies
1 4 (66.67%) Analytics
2 3 (50.00%) Data Modelling
2 3 (50.00%) Knowledge Discovery
2 3 (50.00%) Project Planning
2 3 (50.00%) Stakeholder Management
3 2 (33.33%) Economics
3 2 (33.33%) Operations Research
3 2 (33.33%) Risk Analytics
3 2 (33.33%) Statistics
4 1 (16.67%) Data Analytics
4 1 (16.67%) ETL
4 1 (16.67%) Informatics
4 1 (16.67%) Line Management
4 1 (16.67%) Performance Management
4 1 (16.67%) Software Engineering
4 1 (16.67%) Visual Analytics
4 1 (16.67%) Workflow
Programming Languages
1 3 (50.00%) SQL
2 2 (33.33%) R
3 1 (16.67%) Java
3 1 (16.67%) JavaScript
3 1 (16.67%) PowerShell
Qualifications
1 2 (33.33%) Degree
2 1 (16.67%) BPSS Clearance
2 1 (16.67%) Security Cleared
Quality Assurance & Compliance
1 3 (50.00%) Data Quality
2 1 (16.67%) Disclosure Scotland
System Software
1 1 (16.67%) Hyper-V
1 1 (16.67%) VMware Infrastructure
Systems Management
1 3 (50.00%) Tivoli
Vendors
1 3 (50.00%) Oracle
1 3 (50.00%) Teradata
2 2 (33.33%) SAP
3 1 (16.67%) Google
3 1 (16.67%) Microsoft
3 1 (16.67%) VMware