The first table below looks at the demand for Greeks skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Greeks 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 of the Processes & Methodologies category for the City of London 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.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
Greeks
Rank 193 182 198
Rank change year-on-year
-11 +16
Contract jobs citing Greeks 17 15 26
As % of all contract IT jobs located in the City of London 0.26% 0.24% 0.32%
As % of the Processes & Methodologies category 0.35% 0.32% 0.44%
Number of daily rates quoted 13 11 23
Average daily rate £613 £550 £550
Average daily rate % change year-on-year
+11.36% -
90% offered a daily rate of more than £530 £450 £375
10% offered a daily rate of more than £670 £650 £625
UK excluding London average daily rate - £600 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4902 4666 5879
As % of all contract IT jobs located in the City of London 75.95% 74.87% 72.70%
Number of daily rates quoted 3582 3576 4142
Average daily rate £450 £450 £451
Average daily rate % change year-on-year
- -0.11%
90% offered a daily rate of more than £300 £313 £310
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 48 50 92
Average hourly rate £25.00 £135.00 £25.00
Average hourly rate % change year-on-year
-81.48% +440.00%
90% offered a hourly rate of more than £13.87 £17.50 £13.00
10% offered a hourly rate of more than £47.50 £135.00 £49.02
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Greeks
London

Greeks
Jobs Demand Trend in the City of London

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

Greeks Jobs Demand Trend in the City of London

Greeks
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 Greeks across the City of London region.

Greeks Daily Rate Trend in the City of London

Greeks
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks across the City of London region over the 3 months to 18 April 2014.

Greeks Daily Rate Histogram in the City of London

Greeks
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 Greeks across the City of London region.

Greeks Hourly Rate Trend in the City of London

Greeks
Top 30 Related IT Skills in the City of London

For the 6 months to 18 April 2014, IT contractor jobs across the City of London region citing Greeks 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 Greeks.

1 21 (75.00%) Front Office
2 17 (60.71%) C#
3 16 (57.14%) Banking
4 15 (53.57%) SQL
5 14 (50.00%) Derivative
6 12 (42.86%) Investment Banking
7 8 (28.57%) WCF
7 8 (28.57%) Market Risk
7 8 (28.57%) Multithreading
7 8 (28.57%) .NET
8 6 (21.43%) RAD
9 5 (17.86%) ClearCase
9 5 (17.86%) JMS
9 5 (17.86%) Foreign Exchange (FX)
9 5 (17.86%) Oracle
9 5 (17.86%) SQL Server
9 5 (17.86%) Java
9 5 (17.86%) VBA
9 5 (17.86%) SQL Server 2008
9 5 (17.86%) Hudson
9 5 (17.86%) SQL Server 2012
9 5 (17.86%) Maven
9 5 (17.86%) Credit Risk
9 5 (17.86%) LINQ
10 4 (14.29%) Fixed Income
11 3 (10.71%) WinForms
12 2 (7.14%) Credit Derivative
12 2 (7.14%) C++
12 2 (7.14%) WPF
12 2 (7.14%) .NET Framework

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

For the 6 months to 18 April 2014, IT contractor jobs across the City of London region citing Greeks 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 Greeks. Up to 20 skills are shown per category.

Database & Business Intelligence
1 5 (17.86%) SQL Server
1 5 (17.86%) SQL Server 2008
1 5 (17.86%) SQL Server 2012
Development Applications
1 5 (17.86%) ClearCase
1 5 (17.86%) Hudson
1 5 (17.86%) Maven
General
1 21 (75.00%) Front Office
2 16 (57.14%) Banking
3 12 (42.86%) Investment Banking
4 1 (3.57%) Finance
Job Titles
1 19 (67.86%) Developer
2 8 (28.57%) C# Developer
3 5 (17.86%) Java Developer
4 4 (14.29%) Market Risk Developer
4 4 (14.29%) RAD Developer
4 4 (14.29%) Analyst
5 3 (10.71%) Business Analyst
6 2 (7.14%) Senior C# Developer
6 2 (7.14%) Risk Analyst
6 2 (7.14%) Senior Developer
6 2 (7.14%) Project Manager
7 1 (3.57%) Market Analyst
7 1 (3.57%) IT Business Analyst
7 1 (3.57%) C++/C# Developer
7 1 (3.57%) Market Risk Business Analyst
7 1 (3.57%) Market Risk Analyst
7 1 (3.57%) Business Project Manager
7 1 (3.57%) Business Manager
7 1 (3.57%) C++ Developer
7 1 (3.57%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 8 (28.57%) WCF
1 8 (28.57%) .NET
2 5 (17.86%) JMS
2 5 (17.86%) LINQ
3 3 (10.71%) WinForms
4 2 (7.14%) WPF
4 2 (7.14%) .NET Framework
Miscellaneous
1 14 (50.00%) Derivative
2 8 (28.57%) Market Risk
3 5 (17.86%) Foreign Exchange (FX)
3 5 (17.86%) Credit Risk
4 4 (14.29%) Fixed Income
5 2 (7.14%) Credit Derivative
6 1 (3.57%) Mathematics
6 1 (3.57%) Computer Science
6 1 (3.57%) Equity Derivative
6 1 (3.57%) Equities
Processes & Methodologies
1 8 (28.57%) Multithreading
2 6 (21.43%) RAD
3 1 (3.57%) Business Analysis
3 1 (3.57%) Algorithmic Trading
3 1 (3.57%) Low Latency
3 1 (3.57%) Risk Management
3 1 (3.57%) Migration
3 1 (3.57%) Stakeholder Management
Programming Languages
1 17 (60.71%) C#
2 15 (53.57%) SQL
3 5 (17.86%) Java
3 5 (17.86%) VBA
4 2 (7.14%) C++
5 1 (3.57%) T-SQL
Qualifications
1 2 (7.14%) Degree
Vendors
1 5 (17.86%) Oracle