The table below looks at the statistics 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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Greeks
Rank 176 185 197
Rank change year-on-year
+9 +12
Contract jobs citing Greeks 16 16 13
As % of all contract IT jobs located in the City of London 0.29% 0.27% 0.20%
As % of the Processes & Methodologies category 0.38% 0.35% 0.26%
Number of daily rates quoted 16 15 12
Average daily rate
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£615 £650 £625
Average daily rate % change year-on-year
-5.38% +4.00%
90% offered a daily rate of more than £588 £525 £460
10% offered a daily rate of more than £663 £665 £695
UK excluding London average daily rate - - £600
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Greeks
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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4182 4595 4909
As % of all contract IT jobs located in the City of London 77.07% 76.87% 76.36%
Number of daily rates quoted 3293 3455 3705
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £300 £313
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £388 £375 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 46 40 81
Average hourly rate £23.00 £21.75 £41.50
Average hourly rate % change year-on-year
+5.74% -47.59%
90% offered a hourly rate of more than £13.50 £12.50 £18.00
10% offered a hourly rate of more than £92.50 £53.50 £135.00
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 22 May 2015.

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 22 May 2015, 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 20 (86.96%) Banking
2 19 (82.61%) Front Office
2 19 (82.61%) Investment Banking
3 18 (78.26%) SQL
4 17 (73.91%) Derivative
5 13 (56.52%) C#
6 11 (47.83%) .NET
6 11 (47.83%) Multithreading
7 10 (43.48%) Finance
8 9 (39.13%) Java
9 8 (34.78%) Business Analysis
10 7 (30.43%) Unit Testing
10 7 (30.43%) Credit Derivative
11 6 (26.09%) FpML
11 6 (26.09%) XML
12 5 (21.74%) Credit Risk
12 5 (21.74%) Market Risk
12 5 (21.74%) Analytics
13 4 (17.39%) Garbage Collection
13 4 (17.39%) Regression Testing
14 3 (13.04%) C
14 3 (13.04%) Risk Management
14 3 (13.04%) Test Scripting
14 3 (13.04%) Monte Carlo Method
14 3 (13.04%) Stress Testing
15 2 (8.70%) Equities
15 2 (8.70%) OO
15 2 (8.70%) PL/SQL
16 1 (4.35%) SQL Server
16 1 (4.35%) RDBMS

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

For the 6 months to 22 May 2015, 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.

Applications
1 1 (4.35%) Spreadsheet
Database & Business Intelligence
1 1 (4.35%) SQL Server
1 1 (4.35%) RDBMS
1 1 (4.35%) Relational Database
1 1 (4.35%) Hadoop
1 1 (4.35%) Big Data
General
1 20 (86.96%) Banking
2 19 (82.61%) Front Office
2 19 (82.61%) Investment Banking
3 10 (43.48%) Finance
Job Titles
1 13 (56.52%) Developer
2 12 (52.17%) Senior Developer
2 12 (52.17%) C# Developer
2 12 (52.17%) Senior C# Developer
3 9 (39.13%) Business Analyst
3 9 (39.13%) Analyst
4 4 (17.39%) Banking Business Analyst
5 2 (8.70%) Risk Analyst
6 1 (4.35%) Business Developer
6 1 (4.35%) Senior Manager
6 1 (4.35%) Front Office Developer
6 1 (4.35%) Analyst Developer
6 1 (4.35%) Delivery Manager
6 1 (4.35%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 11 (47.83%) .NET
2 6 (26.09%) FpML
2 6 (26.09%) XML
3 1 (4.35%) WCF
3 1 (4.35%) WPF
Miscellaneous
1 17 (73.91%) Derivative
2 7 (30.43%) Credit Derivative
3 5 (21.74%) Credit Risk
3 5 (21.74%) Market Risk
4 2 (8.70%) Equities
5 1 (4.35%) Foreign Exchange (FX)
5 1 (4.35%) Fixed Income
Processes & Methodologies
1 11 (47.83%) Multithreading
2 8 (34.78%) Business Analysis
3 7 (30.43%) Unit Testing
4 5 (21.74%) Analytics
5 4 (17.39%) Garbage Collection
5 4 (17.39%) Regression Testing
6 3 (13.04%) Risk Management
6 3 (13.04%) Test Scripting
6 3 (13.04%) Monte Carlo Method
6 3 (13.04%) Stress Testing
7 2 (8.70%) OO
8 1 (4.35%) Agile Software Development
8 1 (4.35%) TDD
8 1 (4.35%) Migration
8 1 (4.35%) Scrum
8 1 (4.35%) BDD
8 1 (4.35%) Time Management
8 1 (4.35%) Data Migration
8 1 (4.35%) User Acceptance Testing
Programming Languages
1 18 (78.26%) SQL
2 13 (56.52%) C#
3 9 (39.13%) Java
4 3 (13.04%) C
5 2 (8.70%) PL/SQL
Quality Assurance & Compliance
1 1 (4.35%) QA
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 3 days ago