The table below looks at the prevalence of the term Physics 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 Physics over the 3 months to 22 August 2014 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 Aug 2014
Same period 2013 Same period 2012
Physics
Rank 190 204 215
Rank change year-on-year
+14 +11
Contract jobs citing Physics 10 27 12
As % of all contract IT jobs located in the City of London 0.17% 0.37% 0.15%
As % of the Miscellaneous category 0.57% 1.13% 0.48%
Number of daily rates quoted 6 19 8
Average daily rate
Keep up to 90%
of your Daily Rate
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£625 £525 £600
Average daily rate % change year-on-year
+19.04% -12.50%
90% offered a daily rate of more than £437 £429 £498
10% offered a daily rate of more than £713 £650 £650
UK excluding London average daily rate £350 £325 £375
% change year-on-year
+7.69% -13.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £36.63 £12.75 £42.38
% change year-on-year
+187.25% -69.91%
Physics
London

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

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1754 2396 2514
As % of all contract IT jobs located in the City of London 29.77% 32.56% 32.16%
Number of daily rates quoted 1221 1747 1903
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 42 61 57
Average hourly rate £17.68 £19.50 £19.75
Average hourly rate % change year-on-year
-9.32% -1.26%
90% offered a hourly rate of more than £12.50 £14.50 £12.20
10% offered a hourly rate of more than £33.05 £45.60 £32.58
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Physics
Jobs Demand Trend in the City of London

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

Physics Jobs Demand Trend in the City of London

Physics
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 Physics across the City of London region.

Physics Daily Rate Trend in the City of London

Physics
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Physics across the City of London region over the 3 months to 22 August 2014.

Physics Daily Rate Histogram in the City of London

Physics
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 Physics across the City of London region.

Physics Hourly Rate Trend in the City of London

Physics
Top 30 Related IT Skills in the City of London

For the 6 months to 22 August 2014, IT contractor jobs across the City of London region citing Physics 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 Physics.

1 18 (90.00%) Mathematics
2 10 (50.00%) Computer Science
2 10 (50.00%) Degree
3 7 (35.00%) C++
4 6 (30.00%) SQL
4 6 (30.00%) Java
5 5 (25.00%) PhD
5 5 (25.00%) Multithreading
5 5 (25.00%) Low Latency
6 4 (20.00%) Hadoop
6 4 (20.00%) Big Data
6 4 (20.00%) Python
6 4 (20.00%) Foreign Exchange (FX)
6 4 (20.00%) Front Office
6 4 (20.00%) Statistics
6 4 (20.00%) JavaScript
6 4 (20.00%) OO
7 3 (15.00%) Linux
7 3 (15.00%) VBA
7 3 (15.00%) C#
7 3 (15.00%) WPF
7 3 (15.00%) LINQ
7 3 (15.00%) Banking
7 3 (15.00%) Data Analysis
7 3 (15.00%) Finance
7 3 (15.00%) Fixed Income
7 3 (15.00%) Reactive Extensions
7 3 (15.00%) MongoDB
7 3 (15.00%) R
7 3 (15.00%) Scala

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

For the 6 months to 22 August 2014, IT contractor jobs across the City of London region citing Physics 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 Physics. Up to 20 skills are shown per category.

Application Platforms
1 3 (15.00%) Apache Pig
2 1 (5.00%) SAS
Applications
1 1 (5.00%) S-PLUS
Cloud Services
1 2 (10.00%) PaaS
Communications & Networking
1 2 (10.00%) TCP/IP
2 1 (5.00%) Internet
Database & Business Intelligence
1 4 (20.00%) Hadoop
1 4 (20.00%) Big Data
2 3 (15.00%) MongoDB
3 2 (10.00%) Apache Hive
3 2 (10.00%) Apache Cassandra
3 2 (10.00%) PostgreSQL
4 1 (5.00%) Data Mining
4 1 (5.00%) RDBMS
4 1 (5.00%) Data Warehouse
4 1 (5.00%) OLAP
4 1 (5.00%) Mahout
4 1 (5.00%) HBase
4 1 (5.00%) Relational Database
Development Applications
1 2 (10.00%) Grunt
1 2 (10.00%) Git (software)
General
1 4 (20.00%) Front Office
2 3 (15.00%) Banking
2 3 (15.00%) Finance
3 2 (10.00%) Games
3 2 (10.00%) Investment Banking
3 2 (10.00%) Marketing
4 1 (5.00%) Back Office
Job Titles
1 13 (65.00%) Developer
2 5 (25.00%) Analyst
2 5 (25.00%) Quantitative Analyst
3 4 (20.00%) Senior Developer
4 3 (15.00%) C++ Developer
4 3 (15.00%) WPF Developer
4 3 (15.00%) Senior WPF Developer
5 2 (10.00%) Front-End Developer
5 2 (10.00%) C++ Quantitative Developer
5 2 (10.00%) Data Scientist
5 2 (10.00%) Java Developer
5 2 (10.00%) Quantitative Developer
5 2 (10.00%) Python Developer
6 1 (5.00%) Software Developer
6 1 (5.00%) Software Engineer
6 1 (5.00%) GUI Developer
6 1 (5.00%) Research Analyst
6 1 (5.00%) C++ Software Developer
6 1 (5.00%) Senior C++ Developer
6 1 (5.00%) C++ Software Engineer
Libraries, Frameworks & Software Standards
1 3 (15.00%) WPF
1 3 (15.00%) LINQ
1 3 (15.00%) Reactive Extensions
2 2 (10.00%) RESTful
2 2 (10.00%) HTML5
2 2 (10.00%) Backbone.js
2 2 (10.00%) HTML
2 2 (10.00%) XML
2 2 (10.00%) Middleware
3 1 (5.00%) Swing
3 1 (5.00%) .NET
3 1 (5.00%) STL
3 1 (5.00%) Sass
Miscellaneous
1 18 (90.00%) Mathematics
2 10 (50.00%) Computer Science
3 4 (20.00%) Foreign Exchange (FX)
3 4 (20.00%) Statistics
4 3 (15.00%) Fixed Income
4 3 (15.00%) Open Source
5 2 (10.00%) Social Network
6 1 (5.00%) Economics
6 1 (5.00%) Neural Network
6 1 (5.00%) Visualisation
6 1 (5.00%) Market Risk
6 1 (5.00%) RIA
Operating Systems
1 3 (15.00%) Linux
2 2 (10.00%) UNIX
3 1 (5.00%) Windows
Processes & Methodologies
1 5 (25.00%) Multithreading
1 5 (25.00%) Low Latency
2 4 (20.00%) OO
3 3 (15.00%) Data Analysis
3 3 (15.00%) Algorithmic Trading
3 3 (15.00%) Analytics
4 2 (10.00%) Probability Theory
4 2 (10.00%) DevOps
4 2 (10.00%) Monte Carlo Method
4 2 (10.00%) Electronic Trading
4 2 (10.00%) Game Development
4 2 (10.00%) Responsive Web Design
4 2 (10.00%) MVC
4 2 (10.00%) Risk Management
4 2 (10.00%) Software Engineering
4 2 (10.00%) E-Commerce
5 1 (5.00%) Data Modelling
5 1 (5.00%) SOA
5 1 (5.00%) ETL
5 1 (5.00%) Business Intelligence
Programming Languages
1 7 (35.00%) C++
2 6 (30.00%) SQL
2 6 (30.00%) Java
3 4 (20.00%) Python
3 4 (20.00%) JavaScript
4 3 (15.00%) VBA
4 3 (15.00%) C#
4 3 (15.00%) R
4 3 (15.00%) Scala
5 2 (10.00%) Erlang
5 2 (10.00%) C
6 1 (5.00%) MATLAB
6 1 (5.00%) PL/SQL
6 1 (5.00%) Shell Script
Qualifications
1 10 (50.00%) Degree
2 5 (25.00%) PhD
Quality Assurance & Compliance
1 1 (5.00%) Basel II
1 1 (5.00%) QA
1 1 (5.00%) Solvency II
Systems Management
1 2 (10.00%) Vagrant
1 2 (10.00%) Opscode Chef
Vendors
1 1 (5.00%) Oracle