The first table below looks at the demand for knowledge and experience of Mercator products and/or services 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 Mercator over the 3 months to 18 June 2013 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 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Mercator Software, Inc.

Location
3 months to
18 Jun 2013
Same period 2012 Same period 2011
Mercator
Rank 209 220 244
Rank change year-on-year
+11 +24
Contract jobs citing Mercator 6 2 4
As % of all contract IT jobs located in the City of London 0.087% 0.026% 0.040%
As % of the Vendors category 0.190% 0.061% 0.094%
Number of daily rates quoted 4 1 2
Average daily rate £388 £425 £325
Average daily rate % change year-on-year
-8.82% +30.76%
UK excluding London average daily rate £300 £325 £340
% change year-on-year
-7.69% -4.41%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
City of London
Contract IT job ads with a match in the
Vendors category
3155 3273 4245
As % of all contract IT jobs located in the City of London 45.76% 42.43% 42.32%
Number of daily rates quoted 2245 2229 2966
Average daily rate £425 £425 £485
Average daily rate % change year-on-year
- -12.37%
90% offered a daily rate of more than £275 £275 £300
10% offered a daily rate of more than £575 £600 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 110 98 136
Average hourly rate £22.50 £21.00 £22.00
Average hourly rate % change year-on-year
+7.14% -4.54%
90% offered a hourly rate of more than £12.00 £12.50 £15.00
10% offered a hourly rate of more than £54.00 £39.00 £50.50
UK excluding London average hourly rate £19.00 £19.63 £20.00
% change year-on-year
-3.18% -1.87%
Mercator
London

Mercator
Jobs Demand Trend

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

City of London Mercator Jobs Demand Trend

Mercator
Daily Rate Trend

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

City of London Mercator Daily Rate Trend

Mercator
Top 30 Related IT Skills

For the 6 months to 18 June 2013, IT contractor jobs across the City of London region citing Mercator 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 Mercator.

1 8 (80.00%) Finance
2 7 (70.00%) User Acceptance Testing
3 5 (50.00%) SQL Server Integration Services
3 5 (50.00%) WebSphere
3 5 (50.00%) .NET Framework
3 5 (50.00%) WCF
3 5 (50.00%) Temenos T24
3 5 (50.00%) C#
3 5 (50.00%) Java
3 5 (50.00%) .NET
3 5 (50.00%) Oracle
3 5 (50.00%) SQL Server
3 5 (50.00%) Windows
3 5 (50.00%) Oracle 8/8i
3 5 (50.00%) IBM
3 5 (50.00%) Microsoft
3 5 (50.00%) WebSphere MQ
3 5 (50.00%) Middleware
3 5 (50.00%) SQL Server 2008
3 5 (50.00%) SWIFT
4 4 (40.00%) Software Testing
4 4 (40.00%) OpenLink
4 4 (40.00%) Financial Institution
4 4 (40.00%) Banking
5 3 (30.00%) SAP
5 3 (30.00%) Test Scripting
5 3 (30.00%) T-Plan
5 3 (30.00%) SAP GTS
6 2 (20.00%) Test Management
6 2 (20.00%) SC Cleared

Mercator
Top Related IT Skills by Category

For the 6 months to 18 June 2013, IT contractor jobs across the City of London region citing Mercator 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 Mercator. Up to 20 skills are shown per category.

Application Development
1 5 (50.00%) WebSphere MQ
1 5 (50.00%) Middleware
1 5 (50.00%) WebSphere
1 5 (50.00%) .NET Framework
1 5 (50.00%) WCF
1 5 (50.00%) .NET
2 1 (10.00%) COM
Applications
1 1 (10.00%) MS Excel
Business Applications
1 5 (50.00%) Temenos T24
2 3 (30.00%) SAP GTS
Database & Business Intelligence
1 5 (50.00%) SQL Server
1 5 (50.00%) Oracle 8/8i
1 5 (50.00%) SQL Server Integration Services
1 5 (50.00%) SQL Server 2008
General
1 8 (80.00%) Finance
2 4 (40.00%) Banking
2 4 (40.00%) Financial Institution
3 1 (10.00%) Telecoms
Job Titles
1 5 (50.00%) Developer
1 5 (50.00%) Middleware Developer
2 3 (30.00%) Analyst
2 3 (30.00%) Test Analyst
3 2 (20.00%) Test Team Leader
3 2 (20.00%) Team Leader
4 1 (10.00%) WebSphere Developer
4 1 (10.00%) UAT Analyst
4 1 (10.00%) UAT Test Analyst
4 1 (10.00%) Test Leader
Miscellaneous
1 5 (50.00%) SWIFT
2 2 (20.00%) APACS
3 1 (10.00%) Management Information System
Operating Systems
1 5 (50.00%) Windows
Processes & Methodologies
1 7 (70.00%) User Acceptance Testing
2 4 (40.00%) Software Testing
3 3 (30.00%) Test Scripting
4 2 (20.00%) Test Management
4 2 (20.00%) Change Management
5 1 (10.00%) Business Intelligence
5 1 (10.00%) Unit Testing
5 1 (10.00%) System Testing
5 1 (10.00%) Continuous Improvement
Programming Languages
1 5 (50.00%) C#
1 5 (50.00%) Java
Qualifications
1 2 (20.00%) SC Cleared
1 2 (20.00%) Security Cleared
Vendors
1 5 (50.00%) IBM
1 5 (50.00%) Microsoft
1 5 (50.00%) Oracle
2 4 (40.00%) OpenLink
3 3 (30.00%) T-Plan
3 3 (30.00%) SAP