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 21 October 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
21 Oct 2014
Same period 2013 Same period 2012
Physics
Rank 195 205 206
Rank change year-on-year
+10 +1
Contract jobs citing Physics 7 19 13
As % of all contract IT jobs located in the City of London 0.12% 0.26% 0.17%
As % of the Miscellaneous category 0.34% 0.69% 0.46%
Number of daily rates quoted 7 15 12
Average daily rate
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£650 £500 £538
Average daily rate % change year-on-year
+30.00% -6.97%
90% offered a daily rate of more than £494 £289 £410
10% offered a daily rate of more than £660 £625 £673
UK excluding London average daily rate £360 £350 £375
% change year-on-year
+2.85% -6.66%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £34.50
UK excluding London average hourly rate £40.50 £12.75 £40.00
% change year-on-year
+217.64% -68.12%
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
2053 2755 2829
As % of all contract IT jobs located in the City of London 34.57% 37.79% 38.06%
Number of daily rates quoted 1545 2076 2101
Average daily rate £470 £475 £498
Average daily rate % change year-on-year
-1.05% -4.52%
90% offered a daily rate of more than £285 £296 £275
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 36 49 66
Average hourly rate £15.50 £19.50 £22.00
Average hourly rate % change year-on-year
-20.51% -11.36%
90% offered a hourly rate of more than £10.50 £13.50 £12.95
10% offered a hourly rate of more than £21.60 £34.85 £39.65
UK excluding London average hourly rate £17.50 £17.69 £22.50
% change year-on-year
-1.07% -21.37%

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 21 October 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 21 October 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 19 (90.48%) Mathematics
2 11 (52.38%) Computer Science
3 10 (47.62%) Degree
4 9 (42.86%) Low Latency
5 8 (38.10%) C++
6 7 (33.33%) C#
6 7 (33.33%) Multithreading
7 6 (28.57%) Analytical Skills
7 6 (28.57%) Front Office
8 5 (23.81%) Foreign Exchange (FX)
8 5 (23.81%) SQL
8 5 (23.81%) Java
8 5 (23.81%) OO
8 5 (23.81%) WPF
8 5 (23.81%) Algorithmic Trading
9 4 (19.05%) LINQ
9 4 (19.05%) Reactive Extensions
9 4 (19.05%) Analytics
9 4 (19.05%) JavaScript
9 4 (19.05%) PhD
9 4 (19.05%) Risk Management
9 4 (19.05%) Finance
9 4 (19.05%) Fixed Income
9 4 (19.05%) Banking
10 3 (14.29%) Middleware
10 3 (14.29%) Windows
10 3 (14.29%) Linux
10 3 (14.29%) VBA
10 3 (14.29%) .NET
10 3 (14.29%) HTML

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

For the 6 months to 21 October 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 2 (9.52%) Apache Pig
Applications
1 1 (4.76%) S-PLUS
Cloud Services
1 2 (9.52%) PaaS
Communications & Networking
1 2 (9.52%) TCP/IP
2 1 (4.76%) Internet
Database & Business Intelligence
1 2 (9.52%) PostgreSQL
1 2 (9.52%) Hadoop
1 2 (9.52%) MongoDB
1 2 (9.52%) Apache Cassandra
1 2 (9.52%) Big Data
2 1 (4.76%) Relational Database
2 1 (4.76%) KDB
2 1 (4.76%) OLAP
2 1 (4.76%) Data Warehouse
2 1 (4.76%) RDBMS
Development Applications
1 2 (9.52%) Git (software)
1 2 (9.52%) Grunt
General
1 6 (28.57%) Front Office
2 4 (19.05%) Finance
2 4 (19.05%) Banking
3 2 (9.52%) Investment Banking
3 2 (9.52%) Marketing
3 2 (9.52%) Games
4 1 (4.76%) Back Office
Job Titles
1 17 (80.95%) Developer
2 4 (19.05%) Analyst
2 4 (19.05%) Senior Developer
2 4 (19.05%) Quantitative Developer
2 4 (19.05%) Quantitative Analyst
2 4 (19.05%) WPF Developer
3 3 (14.29%) Senior WPF Developer
3 3 (14.29%) C++ Quantitative Developer
3 3 (14.29%) Java Developer
3 3 (14.29%) C++ Developer
4 2 (9.52%) Python Developer
4 2 (9.52%) Front-End Developer
5 1 (4.76%) Software Developer
5 1 (4.76%) Software Engineer
5 1 (4.76%) Research Analyst
5 1 (4.76%) GUI Developer
5 1 (4.76%) Java Swing Developer
5 1 (4.76%) C++ Software Developer
5 1 (4.76%) Senior C++ Developer
5 1 (4.76%) C# Developer
Libraries, Frameworks & Software Standards
1 5 (23.81%) WPF
2 4 (19.05%) LINQ
2 4 (19.05%) Reactive Extensions
3 3 (14.29%) Middleware
3 3 (14.29%) HTML5
3 3 (14.29%) HTML
3 3 (14.29%) .NET
4 2 (9.52%) XML
4 2 (9.52%) RESTful
4 2 (9.52%) Backbone.js
5 1 (4.76%) Sass
5 1 (4.76%) Swing
5 1 (4.76%) STL
Miscellaneous
1 19 (90.48%) Mathematics
2 11 (52.38%) Computer Science
3 6 (28.57%) Analytical Skills
4 5 (23.81%) Foreign Exchange (FX)
5 4 (19.05%) Fixed Income
6 3 (14.29%) Open Source
7 2 (9.52%) Algorithms
7 2 (9.52%) Performance Metrics
7 2 (9.52%) Social Network
8 1 (4.76%) Market Risk
8 1 (4.76%) RIA
8 1 (4.76%) Grid Computing
8 1 (4.76%) Statistics
8 1 (4.76%) User Experience
8 1 (4.76%) Client/Server
Operating Systems
1 3 (14.29%) Windows
1 3 (14.29%) Linux
2 2 (9.52%) UNIX
Processes & Methodologies
1 9 (42.86%) Low Latency
2 7 (33.33%) Multithreading
3 5 (23.81%) OO
3 5 (23.81%) Algorithmic Trading
4 4 (19.05%) Analytics
4 4 (19.05%) Risk Management
5 2 (9.52%) Risk Assessment
5 2 (9.52%) Data Analysis
5 2 (9.52%) E-Commerce
5 2 (9.52%) Electronic Trading
5 2 (9.52%) MVC
5 2 (9.52%) Monte Carlo Method
5 2 (9.52%) Software Architecture
5 2 (9.52%) Game Development
5 2 (9.52%) Responsive Web Design
5 2 (9.52%) Risk Analytics
5 2 (9.52%) DevOps
6 1 (4.76%) Probability Theory
6 1 (4.76%) Performance Tuning
6 1 (4.76%) Technical Analysis
Programming Languages
1 8 (38.10%) C++
2 7 (33.33%) C#
3 5 (23.81%) Java
3 5 (23.81%) SQL
4 4 (19.05%) JavaScript
5 3 (14.29%) VBA
6 2 (9.52%) Python
6 2 (9.52%) C
6 2 (9.52%) Erlang
6 2 (9.52%) Scala
7 1 (4.76%) R
7 1 (4.76%) Shell Script
7 1 (4.76%) PL/SQL
Qualifications
1 10 (47.62%) Degree
2 4 (19.05%) PhD
Quality Assurance & Compliance
1 1 (4.76%) Basel II
1 1 (4.76%) QA
1 1 (4.76%) Solvency II
Systems Management
1 2 (9.52%) Vagrant
1 2 (9.52%) Opscode Chef
Vendors
1 1 (4.76%) Oracle
1 1 (4.76%) DataSynapse
City, London
Optimus Search Ltd
Rate: From £450 to £600 per day
Posted: 3 days ago